Having reached 2025 and reflecting on conversations with seasoned investors who have been navigating this space for over a decade, the feedback is astonishingly consistent—accounts are continuously being eroded, and mental defenses are nearly collapsing.

Whether you're trading established coins like LTC, DOGE, or chasing emerging DeFi projects, the experiences are similar: getting caught chasing a rally, buying the dip only to see prices fall further, new coin launches often at their peak. It doesn't seem to be a technical issue but rather that the market itself has blocked the channels for making profits.

What’s even more heartbreaking is the shift in people's mindset. Nowadays, when someone promotes a shitcoin, most people's first reaction is to avoid it—this period has taught everyone a lesson: these small tokens are like carefully designed "meat grinders," systematically eliminating investors who are unwilling to accept losses.

The market in 2025 feels like a harsh restructuring. It has shown everyone that the old approach of "shitcoins = high leverage tools" is completely outdated; blindly chasing narrative hot spots without understanding the project's fundamentals is being systematically punished by the market.

The underlying logic points to an inevitable evolution in the crypto market: capital, attention, and opportunities are shifting toward assets that truly have network effects, clear value support, or mature infrastructure. Most tokens are gradually losing their purely speculative nature because they no longer even provide the basics—trust and liquidity expectations.

When the underlying logic of traditional shitcoin schemes collapses, a more fundamental question emerges: if most small tokens are no longer worth gambling on, how should we reallocate our crypto assets?