Bryan
Bryan

SoV

Definition of SoV

In crypto SoV is an abbreviation that is often used  for Store of Value. Scarcity regarding the tokenomics is a very important factor for crypto investors. A cryptocurrency which is secure and has a fixed supply can be considered a good SoV.

SoV used in a sentence

‘’Bitcoin of gold can be a good SoV, only time will tell which is better!’’

‘’NFT Pioneers and investors tend to believe that NFTs are great SoVs due to the fact that they are scarce and wanted by people.’’
‘’In theory, NFTs can be the greatest SoV ever as rich people tend to be willing to flex on eachother, this implies that the value of the blue chip NFTs is equal to accumulated insecurity of mankind.’’

Bryan
Bryan

Bryan indulges in every bit of crypto-related news and material he can lay his hands on. As such, he often shares his views and advice through the onXRP content platform. He is a firm believer in crypto’s potential in the financial and economic world. With 5 years of experience in investing and trading Bryan brings excellent insights to the table. He is excited to bring much of this knowledge and many of his skills to the onXRP platform.