Thoughts On Older Crypto Versus The Newer Shiny Ones

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get into newer coins that are on major exchanges like Coinbase instead

I got onto this topic of old and new coins due to a comment last night and I do think it kind of highlights we all have a different perspective on where to invest in crypto. This has had me thinking as there is no right or wrong here unless you are following the crowd having done no research yourself. Wealth is created by finding hidden gems and then at some point investors flocking to a crypto you have selected.

There may be more than 10 419 crypto projects in 2025 out of what should be a total of 17 134, but 6 715 projects have gone dead or seize to exist for various reasons.

If one had to break this down roughly 60% of crypto projects have survived and 40% have failed which is actually quite a high figure. As an investor who never researched the chances of missing out are actually quite high looking at these figures and why doing some back ground reading is advisable before any investment.

I guess the advice of getting into new coins listed on Coinbase is better than just guessing but again one would need to research because nothing is ever guaranteed. My thinking is not looking for new shiny coins, but more about what the older coins are doing and what have they developed over the years. Nothing wrong with a new crypto except it could take many years to develop and unless they have ground breaking technology or a unique idea it is all hype and worthless until proven.

We all know developing a crypto takes what seems like forever to become established and trusted and are actually worthless until they have a use case. Every investment is pure speculation until they have proven their true value and this is exactly how I find my investments. By asking what service they provide and will this cross over into the real world at some point in the future is how I deem value.

All my investments are researched with one eye on adoption and being part of that adoption. There is very little time to look at what is being launched these days and whether what exchange is listing those coins. Just look at HIVE we would love at Coinbase listing but the blockchain is not dead and will take longer due to the lack of marketing not having a person in charge running the show. Decentralization is great, but I also think having someone in control for the first few years is a bonus setting things on the right path. HIVE will just take that much longer to gain traction, but there is nothing wrong with the concept.

Not all crypto will be used in the real world and could be the token used on an exchange so the use cases and service it offers can vary. The problem i find with this there are too many of these cases and not enough crypto projects developing cross overs where the real value will be found. Adoption with real world transactions happening with the people not even really aware they are using crypto blockchains is where the real big numbers are going to be found.

Just because a project is old it does not mean it is dead or nothing is happening and the same for anew coin because it is new does not mean it is going to be successful in the future. I know many are talking about AI and RWA crypto projects and if we take RWA they require the technology from COTI in order to be relevant. COTI has been around since 2017 so I guess is some what of an old project that has been developing non stop for 8 years. The privacy tech they developed actually makes so many other coins more relevant which includes the likes of Ripple. Ripple would not be ready to be involved with online transactions without privacy because businesses and banks could not transact just on the tech Ripple has.

Trust over time is another major plus especially with security and the likes of Cardano have been around also form 2017 and have never experienced a hack. When you do some research and see the team operating behind the scenes you can see why as they are so thorough people think they are so slow with not much going on yet they have never stopped developing.

VeChain or VET and VTHO was a prime example as I kept on reading comments on social media that this was on old dead project. After personally doing years of research I know this is so far from the truth and will become the very first mass adopted blockchain to be used how it was intended in the real world kicking off in less than 6 months from now.

The truth of all this is if you research a new or old coin it does not matter as long as it offers real world integration or something unique creating value. many of the crypto projects that we see today will not be around in the next 5 years due to many reasons with the main reason being they offer nothing of value and their development path has not worked.

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8 comments
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Two things:

Interesting that it's stalled (good!)

Man that DEFI 2021 spring was carnage!

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(Edited)

I know you cited the source for that 10k crypto number, but I think he is counting some semi-legit coins, because if you were to count every meme coin that was created at Pump.fun I think the numbers would be in the 30k+ range :)

Still the argument of new vs old coin does have some legitimacy. Investors in crypto are attracted towards the new shiny things regardless of the merit of those things. Another point that you bring up in this post is basically about utility. Utility vs Memes is a classic one. Last year when we had a run utility basically took a back seat and it was all about narratives and memes. We had AI narrative, RWA narrative and memes and those were the hottest sectors of crypto.

When I say new coins are better, this means they are better for making money. They also need to be in the right narrative and actually be doing things. How do we know if project is doing things besides the news releases?

One way is to look at the TVL (and you can look it up here: https://defillama.com/chains):
ETH $62 Billion
SOL $8.5 Billion
BTC $6 Billion
BSC $6 Billion
Tron $4.9 Billion
Base $3.7 Billion
...
ADA $321.8m (are we sure there is much going on on Cardano?)
...
VET $1.42m ( I guess VeChain is not about DeFi )

I think the argument for new coins on Big Chains has a lot of merit. For example the largest exchange on Base chain is AERO, you cannot buy Base token, AERO is basically a proxy for the Base token which is a token of Coinbase and AERO is a new token on a well funded chain where a lot of stuff is happening. Defi Lama doesn't even list Hive... That is how under radar we are... A bit concerning if you ask me.


I circled AERO, as you can see it is the top exchange on Base and it has almost a billion dollars TVL on AERO and on just one chain. Number to is Morpho with slightly less but across 18 chains!

A hot narrative that you mentioned is RWA and in that narrative newer coins are ONDO and Render, I don't own any Render which is also in the AI narrative but I do have a small position in ONDO.

While I am putting a lot of effort on Hive and I believe in it long term I am also hedging my bets by placing some small investments in new coins that are in the hot narratives like AI, RWA. My wife who is way more intelligent than me and is great at making long term decisions based on incomplete information (Her whole career was Director, Vice President, General Manager and CEO) is telling me to invest new capital in those new coins in hot narratives in case we do get a bull run in altcoins this cycle... I am a stubborn one and will probably end up doing both...

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(Edited)

Great reply and why I like these discussions as we are always learning. I lean towards making money long term and not necessarily in for a quick buck. Yes VET is not DeFi and is more real world with businesses using their blockchain like Walmart. Tokens revolving around RWA will have to use COTI technology as no investor will invest if there is no privacy so I guess ONDO and others will be using their tech or will be shortly. We all want to make decent returns and I guess I need to invest more but this is a process that takes time. HIVE is handicapped by not having true marketing, but it will get to the same end goal just a little bit longer. My portfolio consists of 3 biggish stacks and a few smaller ones and do not think I will have the resources to make other investments this cycle as my entire portfolio has cost $0 and is all profit. Next cycle will be very different and the profits from this cycle will be reinvested in a more diverse portfolio next time around. Listen to the wife.

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I probably should, but it is also tempting to invest in Hive as this is the only place where you can get author and curation rewards and run a validator for very cheap and without a giant stake and earn something. Kind of a unique opportunity in crypto. @topcomment

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The thing with new coins is that they are likely getting more hype than old ones.

This doesn’t mean that the hype lasts forever though, most of them end up in a pump and dump that may never recover.

On a side note, there are 2018/2019 coins with great fundamentals just getting attention now 6/7 years later, so Hive could very well experience the same path.

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Ciao @fedesox , scusa il disturbo, ti ho scritto su discord per fare due parole, appena hai tempo te ne sarei molto grato 🙂

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Hype can be blinding in crypto. It’s tempting to chase shiny new tokens. Blessed are those who stumble upon real gems like Hive, which developers are quietly building. Over time, we will see.

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