Crypto trinity refers to the interrelated variables of Token, Traffic, and Liquidity, which collectively describe the performance of the crypto market. Crypto has a very limited use cases. However, as more utility emerges from broader use cases (Web3), it could positively impact crypto, making it more solid. Until then, crypto cycles are mainly the product of free cash in pockets, media advertising and traffic, and people who exploit other people's psychological biases.
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