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What crypto would survive in the next 5 years?

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by COINS NEWS 96 Views

As solana, safemoon, Luna and some other coin has shown us not every hyped crypto are gonna survive in some years to come, then I started looking into chart and to see what how price have drop and rise from some popular coins all time. Then I decided to ask the r/cc community what crypto do they all think would survive in the next five years.

As for bitcoin: Since the launch in 2009, the technology behind it has sparked a new industry with a myriad of different cryptocurrency projects.

The crypto community has increased from a small group into a very big global community of people, with some popular companies, some big name investors jumping into it, which resulted in some countries accepting bitcoin, like El Salvador which make it her official currency.

With the huge number of investors jumping into crypto day/night, it has grown to set a record of all time high for itself reaching a price of $69,000 in November 2021. However, by the end of Nov 2022, bitcoin fell by 75% to a price around $16,800. Since then, it has been moving in a narrow channel, showing record - low but despite it current states, investors still believe in it by some saying it'll reach it peak again soon while some said it might took more years to reach it all time high. The community divided on whether the price will skyrocket or not the coming year. Some saying there's possibility bitcoin is likely to fall sharply in coming years and in the other side, it could potentially rise in mid to late 2023. Well, we've seen the price rise after some red signal it gave us this last weekend and it come back strong starting from this week working date till recently. With the argument going on about bitcoin's price, investors still has huge respect for the king of cryptocurrency. Both bitcoin investors and altcoins investors believes bitcoin won't let them down as some of this altcoins creators as well hodl some of the coins. Most investors are waiting for bitcoin next halving which will be in 2024 before it price started skyrocketing again or they were waiting for the bullrun as the market currently worldwide is in bloodbath.

Now to summarise my question here, I asked what crypto could survive in the next 5 years, I believe bitcoin will be part of the cryptocurrency that would survive in the next 5 years. And I also believe in ethereum, litecoin, xrp might or might not I dunno depends on its SEC result, I believe the native r/cc native token too will survive because it was a token based on the community which are interested in cryptocurrency(and the only crypto token available on reddit and doing well during this bear which is also very simple to earn on reddit unlike the other sub which seems hard to understand how to earn it, so there's 100% possibility that it'll survive as we can see the prices increasing despite this bearish market).

In your own opinions, which crypto will survive in the next 5 years and which crypto do you think won't survive?

submitted by /u/Right-Shopping9589
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