The freshmen guide for the crypto class of 2025: Chapter 3

  1. BTC
  2. ETH
  3. XRP

Qualifications for a coin to be added to the bucket

As I stated in the previous blog, coins are not added to the basket based on their price. Coins are purely added based on their merit. You can have your definition of merit, but it should revolve around:

  1. backed by a strong team
  2. long-term prospects
  3. resistance to pump and dump (by crypto standards)

The (in)famous Coinmarket Cap

People have mixed opinions about CoinMarketCap and how fair their evaluation is. Let’s assume it is reasonable and accurate for now. Let's start with the top 15 coins by market cap and see where we end up with our “selection by rejection” methodology.

  1. BTC
  2. ETH
  3. USDT
  4. BNB
  5. ADA
  6. DOGE
  7. XRP
  8. USDC
  9. DOT
  10. UNI
  11. SOL
  12. BCH
  13. LTC
  14. ICP
  15. LINK
  16. BUSD
  17. MATIC
  18. THETA
  19. XLM
  20. VET

Rejection Criteria 1: Stable coins & Exchange coins

Stable coins have a great utility but they are not investment vehicles. This eliminates USDT, USDC & BUSD.

Rejection Criteria 2: Boring Forks

Bitcoin has been forked a few times and Ethereum at least once. I would also add coins that are not exact forks but are based on similar source code. This takes away BCH and LTC.

Rejection Criteria 3: Invisible Hand

If there is a coin that depends upon the signaling of one person and does not hold a lot of merits on its own, it would also be a disqualifying criterion and that takes DOGE away.

  1. BTC
  2. ETH
  3. ADA
  4. XRP
  5. DOT
  6. SOL
  7. ICP
  8. LINK
  9. MATIC
  10. THETA
  11. XLM
  12. VET
  1. BTC
  2. ETH
  3. XRP
  4. DOT
  5. SOL

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Rishi Yadav

Rishi Yadav

24 Followers

This blog is mostly around my cloud-native & Environments-as-a-Service (EaaS) technology insights. I would throw some crypto wisdom here and there.