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06/17 00:15

CryptoQuant Founder: Altcoins Are Not Dead, Only Those Dependent on Narrative Hype Will Be Eliminate

On June 17, Ki Young Ju, founder and CEO of CryptoQuant, stated on platform X that altcoins are not dead. Only those altcoins that rely solely on narrative hype will be eliminated. The era where simply issuing coins could generate profit has ended.

He discussed the types of altcoins that he personally believes can still survive, emphasizing that while narrative remains important, it is no longer sufficient on its own. Some altcoins are still worth holding long-term, provided that the projects have real business operations, actual revenue, and align with global mainstream financial development trends.

In his view, altcoins with long-term value can be categorized into three types:

1. Global internet platforms with tokenized market layers;

2. Decentralized financial service projects with real earnings;

3. Projects that align with mainstream financial development trends.

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