Chris Burniske, the founder of Placeholder Capital, a renowned cryptocurrency investor and venture capital firm, has listed five crypto projects that he describes as strong networks in the crypto market. The list includes well-known crypto projects such as Bitcoin (BTC) and Ethereum (ETH).
Chris Burniske, the founder of Placeholder Capital, stated that five crypto projects make a difference based on his observations on the social media platform X. Listing the crypto projects he believes make a difference, Burniske also described the defining feature of each project with a single word:
Bitcoin – conservatism, Ethereum – optimism, Solana (SOL) – speed, Cosmos (ATOM) – sovereignty, and Celestia – usability.
Burniske emphasized that each crypto project he listed attracts both users and developers with its unique value proposition and ensures their long-term survival. He stated the following:
For core networks, I see that there is usually a defining feature that allows a community to come and stay because that network offers this feature better than any other network.
Furthermore, in the long run, a winning network is usually the first network that focuses solely on this defining feature, as it then attracts the best talent that values this feature and further advances its superiority in this feature, and there are always imitators.
The crypto king listed by Burniske, BTC, is currently trading at $26,271, with a 0.57% increase in the last 24 hours, while ETH is trading at $1,588, with a 0.61% increase in the same time period. Sol, which is considered the strongest Ethereum competitor and is included in the list of the crypto investor, is trading at $19.34, with a 0.30% decrease in the last 24 hours. Cosmos, the interoperable blockchain, has seen a 0.38% increase in the last 24 hours, trading at $7.03.
Celestia, a crypto project designed to enable developers to create blockchain-based applications for mass adoption, does not have a publicly traded token yet.