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Author: Admin | 2025-04-28
Coin that provides secure decentralized finance (DeFi) that challenges traditional financial institutions could be good investments.AdoptionAdoption is how many people are using the product or service. Adoption is a powerful metric, especially in conjunction with use cases. For instance, if you have a payment coin that is faster and cheaper than Bitcoin, but only one company in Mozambique accepts it, chances are that it might not take off. Some good examples of large-scale adoption are Tesla accepting Bitcoin for buying cars and Visa using the Ethereum blockchain to settle payments. Official websites are usually a reliable source of gauging the level of project adoption. It could also be a good idea to check news websites such as CoinDesk or ask around on Twitter or Reddit to verify that the adoption is legitimate and not empty marketing.Market capitalizationMarket cap is the total market value of a cryptocurrency, determined by multiplying the price of the coin by the number of coins in circulation. If you’ve found a coin with a great use case and a high level of adoption, looking at the market cap can be a good next step. Market cap can help you determine whether a project is undervalued or overvalued. For example, an exciting new project has been launched with a market cap of fifty million USD. It offers an excellent service that has good adoption, on par with a more established project, which has a market cap of ten billion USD. This suggests that the project has a lot of room to grow. Coin Market Cap, Coin Gecko, and The Top Coins are great resources for checking market cap figures and coin prices.Road mapMost cryptocurrencies will have a road map on their official website that outlines their current development objectives and details the goals for the next year
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