What are blue chip cryptocurrencies?
Could you elaborate on the concept of blue chip cryptocurrencies? Are they a specific class of digital assets? What sets them apart from other cryptocurrencies in the market? Are there certain characteristics or criteria that they meet to be categorized as blue chips? Furthermore, could you discuss some of the popular blue chip cryptos and their significance in the cryptocurrency ecosystem? Lastly, how do investors typically approach blue chip cryptos and what strategies do they employ?