Many coins claim to be leaders, so what exactly qualifies as a leading coin???


Many assets claim to be leading assets, but what kind of assets are considered leading? Is it only the one with the largest market capitalization that is the leader?
First, coins with too small market capitalization are definitely not leading coins, because market capitalization generally reflects the strength of community market consensus. If a coin is not among the top in market capitalization and is still called a leading coin, that would be purely laughable.
Second, there is not enough market consensus, and a token with overly concentrated holdings is definitely not the market leader. This involves the issue of the structure of the holdings. If the holdings of the target are in a state of high concentration, it may become a token with a large market capitalization, but it is not necessarily the leading coin with the highest level of market consensus.
Thirdly, a lack of community expansion capability cannot become a market leader. If an asset has a high degree of dispersion and a large number of holders, but is overall quite scattered, lacking strong community cohesion and external diffusion power, then it will not become a market leader.
Fourth, the significant turnover in prices has driven up, and the wealth effect is evident.
Fifth, the price is market-oriented, smooth and strong. The price of leading projects in the market is definitely relatively strong, showing relatively strong resistance during general market corrections, and will quickly rebound and rise once the market stabilizes.
Take the leading coins of various major tracks as examples.
defi lending protocol: AAVE
Stablecoin Concept: ENA
RWA Track: ONDO
Ethereum Staking: LDO
Payment track: XRP
#打榜优质内容#
DEFI6.5%
AAVE-0.1%
ENA-1.97%
RWA9.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
Cryptoyartvip
· 07-26 14:35
Just go for it 💪
View OriginalReply0
Darius128vip
· 07-26 14:32
Hold on tight, we're taking off to da moon 🛫
View OriginalReply0
PuddingPuddingPandavip
· 07-26 07:09
Steadfast HODL💎
View OriginalReply0
BeanSproutsOrvip
· 07-26 07:05
Steadfast HODL💎
View OriginalReply0
TheOldMonkHasAHeadvip
· 07-26 06:59
Steadfast HODL💎
View OriginalReply0
Ryakpandavip
· 07-26 06:47
Hurry up and enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)