Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
Cointelegraph
Published Sep 17, 2021 07:15PM ET
Updated Sep 17, 2021 09:00PM ET
One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets. For many of these projects, they follow a recognizable boom-to-bust cycle and never return to their previous glory.
During the 2017–2018 bull market and initial coin offering (ICO) boom, which was driven by Ethereum network-based projects, all manner of small smart contract-oriented projects rallied thousands of percentage to unexpected highs.
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Written By: Cointelegraph
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