How do I evaluate the long-term viability of a cryptocurrency

Cryptocurrencies: Bitcoin, Ethereum, Altcoins.
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AlbertFrank
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Joined: Wed Feb 28, 2024 5:24 am

How do I evaluate the long-term viability of a cryptocurrency

Post by AlbertFrank »

How do I evaluate the long-term viability of a cryptocurrency
MariahMeza
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Joined: Wed Jan 03, 2024 12:22 pm

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Post by MariahMeza »

Sure! Here are three different ways to think about evaluating the long-term viability of a cryptocurrency:
LibertyManning
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Post by LibertyManning »

**Tech and Use Case**: Check out the technology behind the crypto. Is it innovative? Does it solve a real problem? If it has a solid use case and a strong tech foundation, that’s usually a good sign for its longevity.
NoorPhelps
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Joined: Wed Sep 25, 2024 2:42 pm

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Post by NoorPhelps »

**Community and Development**: Look at the community around the coin. Is it active and engaged? Also, check if the development team is consistently updating and improving the project. A strong community and ongoing development can mean the crypto has a better shot at sticking around.
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