Despite Bitcoin being the biggest cryptocurrency in terms of market cap, it has recently been outranked by DeFiChain or DFI in the top 10 most visited coins in the last seven days seen on CoinRank.
Ten Most Visited Coins Saw Bitcoin in the Second Place
As per BenGCrypto on Twitter, 10 different cryptocurrencies were ranked from first to tenth within the last seven days based on "most visited coins" on CryptoRank. In addition, the coins listed on the list were DFI, BTC, ZONE, SANDWICH, SOL, FYN, IPX, KT, LUS, and BULL.
When it comes to most visited coins, this doesn't mean just the popularity of the coin in terms of hodlers. This could also indicate how many people are interested in the project despite them not officially launching just yet.
Here are the Top 10 Most Visited Coins in the Last 7 Days on CryptoRank:
DeFiChain
- Most visited coins ranking: 1st place
- Cryptocurrency ticker: DFI
- Market Cap: 1,318,381,778 USD
Bitcoin
- Most visited coins ranking: 2nd place
- Cryptocurrency ticker: BTC
- Market Cap: 849,780,513,141 USD
ZONE
- Most visited coins ranking: 3rd place
- Cryptocurrency ticker: ZONE
- Market Cap: TBA
Sandwich Network
- Most visited coins ranking: 4th place
- Cryptocurrency ticker: SANDWICH
- Market Cap: N/A
Solana
- Most visited coins ranking: 5th place
- Cryptocurrency ticker: SOL
- Market Cap: 36,181,457,256 USD
Affyn
- Most visited coins ranking: 6th place
- Cryptocurrency ticker: FYN
- Market Cap: 1,048,524 USD
InpulseX
- Most visited coins ranking: 7th place
- Cryptocurrency ticker: IPX
- Market Cap: 1,954,470 USD
KingdomX
- Most visited coins ranking: 8th place
- Cryptocurrency ticker: KT
- Market Cap: 2,884,922 USD
Luna Rush
- Most visited coins ranking: 9th place
- Cryptocurrency ticker: LUS
- Market Cap: 33,085,202
Bullieverse
- Most visited coins ranking: 10th place
- Cryptocurrency ticker: BULL
- Market Cap: TBA
When looking for upcoming crypto investments, it is important to do your own research since not all good ideas turn out successfully, even in the cryptoverse. Also, there have been numerous startups that haven't caught fire for numerous reasons.
Read Also : 555.55 Carat 'Space Diamond' Purchased by Founder of HEX.com for Over $4.2 Million Worth of Crypto
The Risk of New Projects and Companies
An article by CBSInsights details 216 "biggest, costliest startup failures of all time" detailing frauds and basically failed startups that weren't able to see success. Although IPOs and ICOs are technically different in nature, most projects coming out on the blockchain still face the same challenges that most startups face: scaling and the success of the project.
An article by EnterpriseRiskMag notes that 90% of ICOs and STOS fail and reasons why they fail, including technological challenges, the lack of a strong foundation, funding and regulated risks, exchange-related risks, assets risk, and product completion, among others. It is important to invest with caution no matter the project as everything has innate risk involved as per INC.
Related Article : BUX Outperformed BNB on the Binance Smart Chain Raking in a +506% Year Change Price Performance
This article is owned by Tech Times
Written by Urian B.