The inspiration for this Friday Fire is Mert, a friend of the channel. He put together a tweet of the top cryptos based on technology.
I decided to take the data in our compendium's SAP profiler and look at the technology scores of each of these chains. I created a composite score to see how good Mert's list he tweeted out recently was.
This was the tweet from Mert, a top brain in the crypto space who knows his stuff.
I have done multiple videos with Mert. This was our most recent one, called FUD Fighters, dispelling all the FUD.
In this story, we will go through a journey of looking at a whole bunch of data and then I will create a composite score. Then, we will see how my ranking compares to his.
The score is pretty straightforward, as the more dominant the chain, the more powerful it is.
BASE does not have a market cap because it is not a token, available to buy.
Bitcoin = 57.07%
Solana = 3.40%
Binance = 2.87%
Cardano = 1.05
This shows you how strong the momentum is. Reminder: we are more than halfway through a bull run.
Bitcoin got within 1% of its all-time high minutes ago.
Binance = 8.2%
Sui = 9.8%
Solana = 10.7%
ICP = 97.8%
Algorand = 91.1%
Polkadot = 85.1%
Polygon = 80.9%
Cardano = 68%
Avalanche = 70.7%
The bottom coins have pumped as many doubled in a short window.
The question is, what do people do next?
The Nakamoto coefficient measures the level of decentralization.
Bitcoin = 9,302
Polkadot = 133
Cardano = 35
Avalanche = 24
Aptos = 18
Solana = 18
Solana is going down because
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