Will Puss Coin become a top-10 cryptocurrency by market cap?

in PussFi 🐈4 days ago

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Well it is something that would really be delightful if puss coin were to be among the top ten cryptocurrency, I mean if we look at coinmarketcap and look at the top ten cryptocurrency then we would see that is is no joke at all, the top ten cryptocurrencies are one of the cryptocurrencies with the highest utility in this space and if we go to our coinmarketcap right now we will see them lined up in the order of Bitcoin, Ethereum, Usdt, BnB, Solona, Usdc, Xrp, Dodge, trx and Ton. These are the top ten cryptocurrency asset and if we look at this assets we would see that they are all great asset with huge utility that makes them to be where they are and makes them much valued and very worthy to be in the top ten chart of all cryptocurrency and that is especially due to their value which no doubt attracts investors into them and makes them to be great.

Also looking at the coins on coinmarketcap especially those that are in the top ten you would see that they are not just great asset class but they are also the biggest in market capitalization which is an evident demonstration of their value because every good project has huge trading volume and market capitalization, if we take a look at Bitcoin for instance which tops the chart for the highest cryptocurrency it's market capitalization is at a whooping 1.34 trillion and that of Ethereum is around 291 billion and Usdt is at 120.48 billion and BnB which is the 4th largest cryptocurrency has its market capitalization at 79.82 billion while Solana the next in line is at 75.78 billion then USDC follows at 35.01 billion followed by Xrp at 28.87 billion and then Dodge at 22.92 billion then Trx and Ton at 14.15 billions and 12.16 billion respectively. That's the magnitude of the top ten cryptocurrency so it's no small feat for any coin to enter the top 10.

Pussfi is currently around 3 million market cap and ranked around #3200 at coin market cap based on market capitalization no doubt it would require something really great to see it enter the top ten and that isn't really likely to happen anytime soon considering the giant coins occupying this position currently and no to talk of the other coins well ahead of it so truly it will not be easy at all to say or accurately predict that pussfi or any other cryptocurrencies for that matter could enter the top 10 but despite the difficulty level it isn't really completely impossible and even though it could take years or even decades as the case maybe it is very achievable and some of the things that could help to determine this hinges on the usecase of the project, it's community as well as how well the crypto asset is adopted with the passage of time in comparison to others as well as presence of a strong community, all this could help ensure that top ten becomes achievable infact there is something common among coins on the top ten a similar feature that they all have indeed a necessary characteristics for all coins on top ten and I will delve into that on my post today.

Strong Utility and Use Case

There is no denying something about coins on top ten in coin marketcap and that is the fact that they all have a similar attribute which is strong utility, no denying that, every top ten cryptocurrency has strong utility/usecase and that is why they are there and that is something every coin that wants to be there needs to have, strong utility is what drives the value of all top coins in the market, let's talk Solana as a case study a project in top ten on coinmarketcap, Solana is a network which ensures decentalized applications are built on it supporting defi and gaming on the platform and the network is very scalable and much renowned for how fast it is I mean it's not everyday we see a wonderful project like Solana and because of this strong utility it has since made Solana grow to enter the top ten chart on coinmarketcap, what drove the value, make no mistake it is the utility of solana.

I wonder if any coin could make it to top ten without any real value if it does then it would be a fluke, any coin or crypto project that makes it on top ten and continues to grow then that's due to its great usecase just like the case of Solana which has rose to great heights from last year till now to find itself in top ten because any coin that has great value it's only a matter of time before it becomes visible to all and gain mainstream media attention so truly for pussfi to be able to achieve this feat in the long run then pussfi really needs to have great utility, in truth pussfi is still a new crypto asset and for a memecoin it do have great utility but then for it to enter the top ten cryptocurrency then it needs a utility that would make it truly rival the top ten cryptocurrency by presenting great value like the rest of the big dog cryptocurrency.

To be a top ten cryptocurrency an asset needs to be able to show itself to be able to solve problems let's take Ethereum for example that enables smart contract and chainlinks renowned for it's oracle solutions or Bitcoin that ensure for secure financial transaction serving also for investment purpose and a good store of value used for hedge against inflation, truly the value of Bitcoin the top cryptocurrency asset was never in doubt, so pussfi being able to be in the top 10 cryptocurrency ever it would need to work more on its utility and I believe that over time pussfi with it's incredible roadmap and plan will definitely have more increased utility like the top coins in the space.

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Development Team and Community Support

There is something really amazing about the top 10 cryptocurrency, if we look at project like Bitcoin, Ethereum, Solana, Trx and Ton for example just to name a few that is there is something that really stands out amongst this asset like something they have in common more like a shared characteristics, and that's is the fact they they all boost a firm and solid development team, there is nothing that could hinder a project's progress more than an inactive development team, when the development team is not active then there isn't any chance in hell for that coin to progress much less climb the rank and be one of the top cryptocurrency or even dream of entering the top ten, I mean we even have great project with solid team that are not in top ten yet they are doing well for themselves how much more a project that the development team isn't active, so all the great project have an active development team as a common characteristics.

Make no mistake with the presence of an active and strong development team which I believe pussfi project do have also it brings about the security of that project and continuous growth as there would always be made innovations by the team and in the future it leads to the project having strong partnership and collaborations that would help it really grow and soar to great heights to be recognized as a top cryptocurrency and indeed it isn't possible for any coin to make it to top ten without and actively working development team yes an active development team brings both market benefits and help foster a strong and engaging community which is vital for any ecosystem to have sustainable growth.

The community support is vital to help a community grow too as it will also help to give it much visibility in different social media platform and if we check the top coins especially those in the top ten marketcap you would see that they not only have an active development team but also strong community, take doge coin for example, it boosts a strong community committed to the project and this has also contributed to it rising to top ten of the cryptocurrency ranks on coinmarketcap so for pussfi an active development team and strong community is needed even though top ten may not be within sight for pussfi in the immediate short term or nearest future it is certainly achievable and strong development team and good community would help to ensure that as it guarantee regular update helping a network to be strong and to have future strong partnership, the catalyst for every good project.

Market Sentiment and Hype

Market sentiments and hypes can also help drive a coin to the levels it wants to be, every top coins at one time or the other has the time it is being hyped maybe due to an even or something new like an innovation about it, let's take for instance during the time of the news of Bitcoin ETF approval the hype that Bitcoin build up in the moment help push it to such great heights that it broke it previous ATM, so yes make no mistake even coins that has great utility like Bitcoin the father of usecase when it comes to cryptocurrency needs hype at one point or the other and market sentiments which plays a role also in helping most top coins enter top ten or be recognized as a top cryptocurrency.

It is not ofcourse good for a project to rely only on hype ofcourse but be that as it may there is no denying market sentiments also it's a contributing factor to the growth of any project, hardly can project grow in a bad market environment even Bitcoin fumbles at such time take for instance what is presently happening to the market as we await the upcoming Us election every cryptocurrency asset it's taking a dive to the downside so that's to show good market sentiments is important when investors are feeling rather bullish on a project and are ready to pump money into the project it helps the growth of that coin and truly hyping of a coin that has value also it pivotal to its growth especially if it were to be a memecoin, truth it would be wrong to rely only on hype to push the price but how about hype based on an underlying value, it would really help such coin to enter the spotlight and one thing that could help in this regard is the community of the project and how active they are on social media since this is the place this hypes are generated, it is not totally out of place to hype a project that has great underlying value memecoin or not.

Market cycles like we have now where though everywhere is bearish for now we know we are about to enter the bullish phase the bullish market cycles have also helped to propel many asset to the top ten, so truly I believe that pussfi future is bright as we enter a bullish market cycles with strong community and good hype on social media by influencers and community members alike it would help to be a good driving force for pussfi though top ten might not be within sight now but hopefully we would see a soar on pussfi market capitalization and since it's 24hour trading volume increase which would help it to come into the spotlight despite being a meme.

Exchange Listings and Liquidity

The top cryptocurrency are in the biggest exchange it's only natural, check every exchange you know hardly would you see any legit exchange that doesn't have Bitcoin available for trading or that doesn't have Ethereum, or Trx or Solana or any exchange without Usdt Or Usdc, is really hard to imagine that, the popularity and value of this coins means that any exchange that doesn't feature them isn't really worth trading with as they are among the biggest cryptocurrency asset in the space and as such are always found in the biggest exchange with the highest volumes helping this cryptocurrency asset have much liquidity.

What this means is that any coins that want to be great and truly recognized in the space needs to be listed on major exchanges, so exchange listings on some of the worlds biggest exchange would help expose pussfi to great liquidity exchanges like binance, bybit, huobi just to name a few and recently pussfi has been getting listed in some of the big exchanges we have and hopefully in the nearest future it gets listed on binance too which would help cement it as an asset to be reckoned with, listing on top exchanges where the world's biggest investors are will give pussfi an opportunity to be traded by one of this big investors which is something that every top cryptocurrency asset have in common helping it to have more relevance and significance and help to ensure it is properly set to rise in the rank of the top cryptocurrency.

Liquidity and big exchange listing is key and vital for any coin and is role in the success of an coin is crucial as great liquidity helps a coin to maintain stability in price and have less volatility which would thus help to increase the confidence of it's investors and when a project has much liquidity then no doubt the trading volume would surely increase too and with increased liquidity and increased trading volume a project would easily gain mass adoption and help to appeal to the greater masses and with much adoption it would help it value rise and for a project like pussfi that will add to it climbing top to the rank and hopefully one day who knows even to be in top ten in the cryptocurrency rank.

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Conclusion

A good roadmap clear and detailed with intent and strong partnership coupled with innovation with strong and active development team and strong community with good utility would help drive pussfi through the ranks of the top cryptocurrency honestly for pussfi to enter the top ten cryptocurrency it would be a truly uphill battle and one that anyone would be audacious to predict but then it's no completely out of question as the market is full of surprises with the right development and good market cycles and proper hype nothing it's truly impossible take doge as a case study the only memecoin in top ten.

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Upvoted! Thank you for supporting witness @jswit.

Puss coin is Definitely a coin to actually look into as I am so sure of that

 3 days ago 
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I hope no

It would be a beauty if It does honestly.