The current cryptocurrency market is showing some turbulence, but this fluctuation actually creates opportunities for investors to discover potential projects. Although it may seem easy on the surface to choose quality projects, the reality is often not that simple.



Looking back, how did the projects chosen based on personal judgment perform? Did they meet expectations? Even if the results are not satisfactory, one should not be overly critical of oneself. After all, in this market, there are very few projects that can stand out, possibly only one in ten thousand.

Let's take a look at the scale of Crypto Assets: According to CoinMarketCap, the total number of Crypto Assets listed currently exceeds 24,000. If we exclude the two most well-known ones, there are still as many as 23,998 left. Moreover, CoinGecko's data is even more staggering, approaching 30,000.

Even more surprisingly, there are about 4 million types of ERC-20 tokens alone. If you add tokens on blockchains like BNB Chain, Solana, and Polygon, the total has reached the millions.

Therefore, strictly speaking, the number of small crypto assets is no longer a concept of "thousands," but rather in the millions. Most of them are not counted because they lack actual trading value.

Even if we only focus on the Crypto Assets listed on mainstream exchanges, the number exceeds thirty thousand. In the face of such a vast selection, do you still think that choosing a quality project is an easy task?

In this market full of opportunities and challenges, it is crucial to remain rational and cautious. Although turbulence brings opportunities, it also increases risks. Investors need to conduct in-depth research and make careful selections to find truly potential projects in this complex and ever-changing market.
BNB-0.58%
SOL-3.73%
View Original
post-image
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
  • 8
  • Repost
  • Share
Comment
0/400
AirdropChaservip
· 5h ago
There are so many airdrop scam projects, it’s better to buy the dip on the three major items earlier.
View OriginalReply0
LayerZeroHerovip
· 8h ago
Another day of do your own research (DYOR)~
View OriginalReply0
TxFailedvip
· 8h ago
technically speaking, 99.9% of my picks were pure garbage... learned this one the hard way lol
Reply0
HodlKumamonvip
· 8h ago
Statistics show that with so many coins purchased by you guys, the survival rate is only 2.33%~
View OriginalReply0
DeFiChefvip
· 8h ago
The simplest way is enough with BTC.
View OriginalReply0
0xTherapistvip
· 8h ago
If you understand how to play, it's all good, thanks to my BTC.
View OriginalReply0
0xSherlockvip
· 8h ago
It's better to sleep peacefully by chance than to trade with FOMO.
View OriginalReply0
OnChain_Detectivevip
· 9h ago
pattern analysis suggests 99.9% are statistical anomalies tbh
Reply0
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)