One Man's Shitcoin is Another Man's Life Savings by@kadeemclarke
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One Man's Shitcoin is Another Man's Life Savings

by kadeemclarke.eth4mOctober 15th, 2021
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An analysis by MoneyWithCarter shows how an ecosystem legitimizes itself. It explains how shitcoins bring in short-term speculators, native DEXs and yield farms. Native protocols on new chains have a stronger chance of earning a large market share on that particular chain over the omnichain blue chips, such as Sushi, Aave, and Beefy. Yield farms are essentially the places where crypto owners lend their coins. The strongest tokens, which often form strong communities, will start to outperform and capture large amounts of TVL.

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Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs

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kadeemclarke.eth@kadeemclarke
Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs

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