Past year

Among all cryptocurrencies with a market cap over 100 million,

about 70% have incurred losses.

It seems to suggest that, for altcoins, it's never too late to sell.

This implies that all innovations in application-layer blockchain technology have failed,

and the market is already struggling to buy into the narrative.

Excluding the Bitcoin altcoin market,
it has already shown an astonishing money-losing effect.

Considering shorting,
annual declines mean there is a risk of being hit with a needle.

The question is, why does such a market still exist?
Why hasn't it disappeared like postal collectibles, tea cakes, and other markets?

I think it's because there are still some wealth opportunities around asset issuance.
The crypto market remains the most efficient and diverse in issuance methods.#比特币