This is a very, very good and very important question. The market is maturing and the fundamentals are becoming more and more dominant.
That's why I made a list of the 22 cryptocurrencies with the strongest fundamentals out of all 5,000. This list took so long to write and evaluate, two days in all seriously.
Okay, if we take #Bitcoin as a measure and give 100 points for the fundamentals, this is what I see the fundamentals of the other currencies in the Top 200 for.
Here's how I roughly calculated the basics.
30% of revenue.
20% of users, if you have 25 million users and $ 1 million in revenue, that's great. However, if someone else has 1 million users and $ 50 million, it will be 10 times better.
15% Great partnerships. Large partnerships are a validation of the team and a sign of a very competent marketing team, capable of transforming these partnerships into a real adoption, although the adoption has not yet happened. 15% token speed.
There are many good coins, but no matter how good your coin is, if you don't have a low token speed so that many tokens are taken out of circulation, your coin will not increase as much.
However, #Ethereum has great token speed, because 3% is already stuck in DeFi, 20% of all Bitcoins have already been lost, Chiliz will burn tokens, #NEXO has staking etc. I will write a more in-depth article on this soon. 20% other. It could be anything, like brand recognition Bitcoin, a very experienced founder who has built a great company before.
Here's how I made the list: Bitcoin 100/100/80% / 80
#Bitcoin has great brand recognition, the advantage of being the pioneer, which is a big bonus. However, it has a great expectation of becoming the world currency and is currently neither technologically nor politically equipped to do so. That is why the chance of this actually happening is only 80%, which is still optimistic. 💹
#Ethereum 70/600/90% / 540: Ethereum is very close to Bitcoin in all metrics and ahead in some others, for example, transactions per day. Ethereum is also very close to being able to supply all the technological needs that a global currency needs, such as excellent decentralization and scalability above 100,000 TPS. 💹
BNB 60/4000 / 90% / 3,600 - BNB has revenues of US $ 1 billion and is the cryptography tourniquet. Almost everything that happens in cryptography goes through Binance and with this constant launch of new products, CZ shows that he has a great vision of thinking to increase Binance's influence. 💹
VET 30 / 20,000 / 75% / 22,000 - VET is likely to have $ 500 million in revenue soon from the $ 15 billion business for which it provides the infrastructure. 💹
NEXO 30 / 100,000 / 80% / 80,000 - Probably has $ 50 million in revenue, but NEXO has a huge symbolic speed advantage over VET, which is why it has increased 40% in the last 4 days and why its fundamentals are on the same level as the VET. 💹
MKR 30 / 12,000 / 90% / 11,000 - MKR has over $ 300 million blocked, making it a very strong currency. 💹
IOTA 25 / 10,000 / 50% / 5,000 - IOTA probably has the best technology of all blockchain-type networks, by far.
BAT 25 / 25,000 / 70% / 17,500 💹
BAT has an incredible product and ecosystem and already has 10 million MAUs and probably an annual revenue of $ 10 million, simply an incredible currency. 💹
Theta 15 / 20,000 / 50% / 10,000 - THETA is YouTube decentralized and already has more than 1 million users and annual revenue of $ 20 million. Great product, great metrics. 💹
ENJ 15 / 50,000 / 50% / 25,000 - ENJ has great partnerships with Samsung and Microsoft and will probably announce another one soon, which will translate into more and more adoption. 💹
SNX 12 / 20,000 / 40% / 12,000 - SNX already has over $ 177 million blocked and has already earned $ 3.5 million in revenue through fees. However, SNX showed drama through censorship and poor leadership, significantly increasing the risk. 💹
ADA 10 / 2,000 / 20% / 500 - ADA has a large and active community, good brand recognition from the 2017 bull run, has a very good team and, above all, is increasing marketing now. Their technology is not that great, but it is still good enough to compete in the market for years to come and we only care about this bull run (2020/2021) for now. 💹
Elastos 10 / 60,000 / 30% / 20,000 - Elastos has great technology, but not as good marketing. However, they do have the bonus from Asia, which could allow them to conquer a niche in the Asian market for themselves, without having to compete directly with #Ethereum. 💹
XRP 10/90/15% / 13.5 - Although they have a promising platform, almost no customers actually use it. 〽
Dent 5 / 30,000 / 50% / 15,000 - A D ENT has a great product and lots of users, but it doesn't have a lot of revenue. In addition, it is not clear how many are using Afterburner and how many users are actually active. Many question marks, but they have a decently sized user base. ⚠
QKC 5 / 90,000 / 10% / 9,000 - They have very good technology, much better than Cardano, however, they have a big adoption gap to overcome, they have a lot less funds and a much smaller community. ⚠
ZIL 5 / 9,000 / 20% / 1400 - ZIL has weaker technology with its transactional fragmentation technology than QKC's state fragmentation technology, but even stronger marketing. However, its market capitalization is also 8 times greater. 💹
PowerLedger 3 / 10,000 / 30% / 3,000 - They are in a large market (energy), they are by far the leader in their own space and already have several large test customers. All in all, very good and we will probably be able to hear something about PowerLedger soon. 💹
CHZ 2 / 7,500 / 70% / 5,000 - They have a new and very fun model, they already have $ 100,000 in revenue and almost 100,000 users and are practically the only currency in their space. Overall, a coin to watch. ⚠
ZRX 2/300/30% / 90 - They have some promising technology and some adoption, but it is not clear if they will ever achieve significant adoption 🤷♀️
RVN 1.5 / 5,000 / 30% / 1,600 - RVN has a promising platform and a little bit of traction, but not so much. 💸
All other currencies within the 200 major currencies are on 0–2 fundamentals, for example: LTC, BCH, EOS, TRX, BSV, XLM, ATOM, XEM, DOGE, DCR, CENNZ, OMG, WAVES, NANO, ICX, SC, FUN.
It also gives us a list of potential profit interests. Here I highlighted those that have more security, above 75%:
NEXT 30 / 100,000 / 80% / 80,000
ENJ 15 / 50,000 / 50% / 25,000
VET 30 / 20,000 / 75% / 15,000
Elastos 10 / 60,000 / 30% / 20,000
BAT 25 / 25,000 / 75% / 17,500
Dent 5 / 30,000 / 50% / 15,000
SNX 12 / 20,000 / 40% / 8,000
MKR 30 / 12,000 / 90% / 11,000
Theta 15 / 20,000 / 50% / 10,000
QKC 5 / 90,000 / 10% / 9,000
CHZ 2 / 7,500 / 70% / 5,000
IOTA 25 / 10,000 / 50% / 5,000
BNB 60/4000 / 90% / 3,600
PowerLedger 3 / 10,000 / 30% / 3,000
RVN 1.5 / 5,000 / 30% / 1,600
ZIL 5 / 9,000 / 20% / 1,800
Ethereum 70/600/90% / 540
ADA 10 / 2,000 / 20% / 400
ZRX 2/300/30% / 100
Bitcoin 100/100/80% / 80
LINK 3/75/50% / 37
XRP 10/90/15% / 13.5
This approach gives us #Bitcoin, #Ethereum, #BNB, #NEXO, #BAT, #VET, Maker as the most solid coins that have the most security combined with the greatest advantages.
- PRE is also likely to enter the Top200 soon and become a bold currency.
I like to always try to refute my original analysis from very different angles. If I change, I will return here. 😉
PS: You should consider this especially if you have a wallet between 1 BTC to 100 BTC Bitcoin Counterbalance Program (BHCP Fund) (add the space, as Facebook blocks the full link)
https: // telegraph .ph / Investors-who-sign-up-for-Bitcoin-halving-Counter-balancing-Program-will-turn-out-to-be-the-smartest-of-all-time-05- 23
