Warning from experts: Not every token is suitable to 'hold' like Bitcoin
As more companies bring cryptocurrency onto their balance sheets, a warning has been issued: Not every digital asset should become a reserve like #bitcoin .
According to Greg Cipolaro – Global Research Director at NYDIG, Bitcoin is a clear store of value, akin to 'digital gold', while many other tokens like Ethereum, Solana, and $XRP are more 'consumable' – meaning they will be burned or used up during the network's operation.
🧠 This makes the long-term value of those tokens entirely dependent on the level of acceptance and actual growth of the network itself, which cannot be guaranteed. Companies holding such tokens will face higher risks if the network does not reach the expected scale.
📊 Recently, many smaller companies have announced new 'treasury' strategies:
SharpLink chooses Ethereum
Trident Digital uses XRP
DeFi Development collects Solana
SRM Entertainment holds $TRX
Synpatogenix chooses TAO from Bittensor
Interactive Strength invests in Fetch.ai ($FET )
However, Cipolaro warns that some of these announcements lack specific details, making it hard for investors to understand the true value of the holdings.
Crypto contact: Investors should be cautious when they see companies 'riding the trend' by holding coins. Not every digital asset has the storage potential of Bitcoin.