Blue chips crypto meaning

blue chips crypto meaning

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What are Blue Chip NFT's?
Today, the blue-chip tag defines stocks of established, financially sound companies that have withstood the test of time. In the crypto domain. Crypto can be regarded as a blue chip asset if it has high liquidity and market cap, if its volatility is somewhat low, and if it has a long-. Basically, a �blue chip� refers to any action, company or market that, even in the toughest economic conditions, maintains a certain stability and even growth.
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  • blue chips crypto meaning
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There are many disputes as to which assets are the best blue chip cryptos. Therefore, they represent safe haven assets. Hence, this term was initially used in the s to describe stocks trading at a higher price than the rest.