Charles

Charles is a very plain name for a cryptocurrency, which already tells you that it is likely to live or die by how the market treats it rather than by any obvious product. By our assessment, it is still only a token: useful as a thing to hold or trade, but not something with a clear everyday task. The downside is the same one that shadows many small coins, namely weak context and a lot of dependence on attention. In practice that means more watching than using, and a lot of uncertainty when compared with the coins people already recognize. Charles does not have enough public substance to sit comfortably beside the established names.