Jose MartinezJan 11, 2022 · 3 years ago2 answers What are the strategies to mitigate the crowding out effect in the digital currency industry?
In the digital currency industry, the crowding out effect refers to the phenomenon where new digital currencies struggle to gain traction and market share due to the dominance of established cryptocurrencies like Bitcoin and Ethereum. What are some effective strategies that can be employed to mitigate this crowding out effect and promote the adoption of new digital currencies?