This meteoric rise shows the state of crypto today... absolutely crazy. Zero fundamentals, zero research, just people hopping on the coin that's pumping. It seems that every month there is a new "revolutionary" coin that will change the world and take over. Last month it was Cardano, IOTA and Verge. It doesn't matter that most projects have yet to prove their real value, people are eager to throw money as if there's no tomorrow. Also, EVERY SINGLE MONTH there is yet another contender that supposedly will be the next X. People don't realize how big it is to be the first in a certain space just as BTC was. Also people forget that every week that goes by there's going to be more and more coins contending for the top 20 list. The only positive I see in this crazy market is that eventually, only the real gems will stay on the top 10 list. Eventually, things will taper down and we will see some stability. It doesn't make any sense at all to have a different top 20 list every freaking day.
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