My Cryptocurrency Tier List for 2024 (from F to S)
I did one of these a couple years ago, and the cryptocurrency market has changed quite a lot since. I think we’re overdue a new Tier List.
Just like last time, I will be ranking the top 20 Cryptocurrencies by marketcap on a on a tier list from F to S, and provide the rationale behind it.
The ranking criteria is based on each coin’s ability to solve the blockchain trilemma and the utility that they bring to the space.
The ranking will take into consideration how close each one is to solving the blockchain trilemma as well as the utility that they bring to the crypto world. So the ranking factors are:
- Decentralization
- Scalability
- Security
- Utility
While the ranking is mostly data-driven, and I will aim to provide rationale behind each decision, it is ultimately my own interpretation and opinion of how well each chain ranks in each of the above categories.
I’m excluding stablecoins and the rationale for each coin will be short and straight to the point — no deep dives. After much consideration I’ve decided to include memecoins this time around.
With this as our initial set-up, let the ranking commence.
