The Lindy Effect Is Pumping Old Crypto Projects

TL;DR

  • The Lindy Effect is in full swing — NEO (2014) is up 33.5% in 24hrs, VeChain (2015) is up 185% in 6 months, and LoopRing (2017) moved +230% between Oct. and Mar.

Full Story

So, a few years back, we thought we’d concocted 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 goes on to survive the following bear market — without:

  1. Absolutely cratering to near zero

  2. Losing any/all plausible growth narratives (however thin they may be)

…then there’s a good chance it’s going to rebound in the next bull run — hell, it might even return to its previous all time highs!

Well, turns out our theory ain’t an original concept — it’s what’s known as the Lindy Effect — which basically means, the longer something (usually a business) has existed/survived, the harder it is to kill.

(Just look at IBM).

And the Lindy Effect is in full swing for some older, less known crypto projects of late…

Check this out:

  • NEO (launched in 2014) is up 33.5% in the last 24 hours.

  • VeChain (launched 2015) is up 185% in the past 6 months.

  • LoopRing (launched 2017) rallied 230% between Oct. and Mar.

Now, this isn’t an endorsement on any of those projects (though we do hold some of them) — it’s more to say:

Just cause a project isn’t the hot-new-thing everyone on Twitter/X is talking about, doesn’t mean it can’t still run.

Web3 Daily

Web3 and crypto news, translated into plain English.

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