Several cryptocurrency tokens in the market pose a massive financial risk for their investors. The crypto tokens that offer no real use case are the ones that depend solely on market speculation. The hype creators try to spike the price of such digital assets without adding any real use case to the project. After getting to the maximum level of hype, these swindlers end up cashing out their reserves, causing the price to crash dramatically.
Therefore, it is ideal for investors to look for cryptocurrency projects that offer real value. CryptoDiffer has recently published a list of cryptocurrencies basing their rankings on the number of Github commits they were able to score in the last 30 days. It is worth noting that Github is a software development, upgrading, and hosting provider with some special features.
Top 3 Cryptocurrencies Got more than 100 Github Commits in the Last Month
The cryptocurrency project with the largest amount of Github commits on the CryptoDiffer list is Kusama. As per the report, Kusama has managed to score 113 commits during the last 30 days. The second position on this ranking is grabbed by Polkadot blockchain. While Cardano blockchain project has managed to acquire the 3rd rank with around 118 commits.
Kusama is an open-sourced blockchain network that allows the developers to test, evaluate, and examine the applications that are meant for launch on the Polkadot ecosystem. Therefore, the number of commits for Kusama is higher in comparison to Polkadot. Another popular cryptocurrency on this list is Ethereum that managed to score 109 positions. Meanwhile, projects like Solana remained out of the top 5, with a reading of less than 100 for the same period.
A lot of investors do not want to invest a lot of time in researching and studying the cryptocurrency they want to pick for investment. Therefore, a majority of the investors end up putting their money into the bogus projects that are running on sheer speculation. Some blockchain drivers do not want to put in the hard work and use hype as a way to increase the prices of these sham tokens.
On the one hand, the hype can increase the price, but on the other hand, it happens for a short while. The larger part of the investors who have put their savings into such crypto projects ends up losing their money. Meanwhile, real utility creation for a digital asset network takes time. Likewise, Kusama, Ethereum, Polkadot, Gnosis, and others are not top trending tokens for the time being, but these projects are great investment choices for long-term investors.