Token price versus product development 👇
The prices of crypto-tokens are often hyped, causing the value to rise rapidly.
This price spike is usually driven by speculation, which far outpaces the development of the actual product or underlying use case - if such a use case actually exists at all...
After a while, when the whales begin to sell their holdings or the momentum of the market shifts and slows, the difference becomes clear.
Only the projects with real products and real value stand out. It is at these times that we see which teams are really building for the long term and providing tangible solutions as opposed to those that are riding the hype wave.
Right now, the current market illustrates this dynamic perfectly. Many altcoins have fallen significantly in value, some as much as 90%. However, there are a few projects that have shown more resilience and strength during the market's downturn.
Question to you: which projects in your opinion are showing a healthy balance between it's token price and actual use case / product?
Let me know in the comments below.
