Arthur Hayes stated at Consensus Miami 2026: 99% of shitcoins (altcoins) may go to zero, but this does not mean the end of the crypto industry; rather, it is a normal market cleansing process. Similar to how approximately 98% of S&P 500 companies have been eliminated or replaced since 1929, the industry continues to evolve through a process of metabolic renewal, and the altcoin ecosystem will still exist and develop.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin