The term Blue Chip is not only used in stocks (tier 1), but is currently also used in cryptocurrencies, of course, both have different perspectives. If we look at the fundamentals of bluechip stocks, we use financial statements to assess the feasibility of a company, while cryptocurrency fundamentals focus more on the project team and the technology used. We can also see Bluechip Crypto from Max supply, Marketcap, volume, Circulating Supply and how many exchanges provide the crypto. Stock volatility is more stable than cryptocurrencies, so crypto is riskier but higher profit.
Features of Blue Chip Crypto
The characteristics of Bluechip crypto are relatively the same as Bluechip Stocks. such as large market cap, high volume and liquidity, maturity, and crypto usability. I think that currently the only crypto bluechips that deserve to be categorized are Bitcoin and Ethereum. because other cryptos still fluctuate frequently in the rankings on Coinmarketcap. Of course if we classify cryptocurrencies into tiers (blue chips for tier 1) there will be other tiers, so what cryptos do you think should be classified into tier 2 and tier 3?
Features of Blue Chip Crypto
The characteristics of Bluechip crypto are relatively the same as Bluechip Stocks. such as large market cap, high volume and liquidity, maturity, and crypto usability. I think that currently the only crypto bluechips that deserve to be categorized are Bitcoin and Ethereum. because other cryptos still fluctuate frequently in the rankings on Coinmarketcap. Of course if we classify cryptocurrencies into tiers (blue chips for tier 1) there will be other tiers, so what cryptos do you think should be classified into tier 2 and tier 3?
