CryptoQuant Founder: Purely narrative-based altcoins are dead

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Wu said that CryptoQuant founder Ki Young Ju posted that, "Altcoins have not disappeared, but purely narrative-based altcoins are dead," and the era of making money just by issuing a token is no longer. He believes that the altcoins that can survive and are worth paying attention to in the future mainly fall into the following three camps: First, global internet companies with tokenized market layers, where issuing tokens is more practical than tokenized equity listings in some cases, such as BNB and GRAM (TON); second, DeFi services with real revenue, such as Hyperliquid and high-quality DeFi protocols; third, projects that align with broader financial trends. Ki Young Ju summarized that, just as true tech giants emerged after the internet bubble, genuine crypto enterprises will also emerge after this cycle.
BNB-1.39%
GRAM-1.87%
HYPE1.26%
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Rain-SoakedGlassLeverage
· 5h ago
Waiting eagerly for the encrypted version of Tencent and Alibaba to be born, but first have to survive the winter.
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LendingRateAnxiety
· 6h ago
DeFi only has value if it generates income; everything else is just gambling.
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PaperSculptureSquidward
· 6h ago
Only those like BNB with an ecosystem backing can survive; meme coins are counting down to zero.
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BluePeonyMinerDream
· 6h ago
Narrative coins are really cooling off now. Let's see who has real cash flow.
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