12-23-2021, 02:54 AM
Are BTC and ETH only "Blue chips" we have in cryptocurrencies?
<!-- SC_OFF --><div class="md"><p>For all those who don't know, blue chip is considered a financially stable company, in this case we are talking about cryptocurrencies where blue chip is considered to be every coin that has a market capital of over $ 2 billion. </p> <p>Is that true in practice? I wouldn’t say, and before the coins had over $2 billion in market capital so they did good they are doing good but...</p> <p>Their prices have dropped and market capital went down. People who invested in ATH waiting for that "forget and earn" burned themselves. Not saying that the projects are dead, but for someone who invested in ATH they could look dead.</p> <p>So, apart from Bitcoin and Ethereum, what else do you consider a blue chip in cryptocurrencies?</p> <p>Edit: wrote trillion on second paragraph instead of billion</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmc7wa/are_btc_and_eth_only_blue_chips_we_have_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmc7wa/are_btc_and_eth_only_blue_chips_we_have_in/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>For all those who don't know, blue chip is considered a financially stable company, in this case we are talking about cryptocurrencies where blue chip is considered to be every coin that has a market capital of over $ 2 billion. </p> <p>Is that true in practice? I wouldn’t say, and before the coins had over $2 billion in market capital so they did good they are doing good but...</p> <p>Their prices have dropped and market capital went down. People who invested in ATH waiting for that "forget and earn" burned themselves. Not saying that the projects are dead, but for someone who invested in ATH they could look dead.</p> <p>So, apart from Bitcoin and Ethereum, what else do you consider a blue chip in cryptocurrencies?</p> <p>Edit: wrote trillion on second paragraph instead of billion</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmc7wa/are_btc_and_eth_only_blue_chips_we_have_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmc7wa/are_btc_and_eth_only_blue_chips_we_have_in/">[comments]</a></span>Kind Regards R