TL; DR
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The Lindy effect is in full swing: NEO (2014) is up 33.5% in 24 hours, VeChain (2015) is up 185% in 6 months and LoopRing (2017) is up +230% between October and March increased.
Full story
A few years ago we thought we had come up with this magical theory that was hyper-relevant to crypto.
The idea went something like this:
If a cryptocurrency has a somewhat successful bull run and survives the next bear market – without:
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Absolute cratering to almost zero
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Losing all plausible growth stories (no matter how thin they may be)
… then there is a good chance that the price will recover during the next bull run – perhaps even return to the previous record highs!
Well, it turns out that our theory isn’t an original concept – it’s what’s known as the Lindy Effect – which basically means: the longer something (usually a company) has existed/survived, the harder it is to kill.
(Just look at IBM).
And the Lindy Effect has been in full swing lately for some older, lesser-known crypto projects…
Check this out:
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NEO (launched in 2014) is up 33.5% in the last 24 hours.
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VeChain (launched in 2015) is up 185% in the last 6 months.
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LoopRing (launched in 2017) rose 230% between October and March.
This is not an endorsement of any of these projects (although we do have some) – it’s more like:
Just because a project isn’t the new thing everyone on Twitter/X is talking about doesn’t mean it still can’t be done.
