TechFlow news, January 2nd, Nick Tomaino, founder of 1confirmation, posted on X platform stating that the total market capitalization of cryptocurrencies is currently $3.1 trillion (a 14% decline over the past year), but this figure was zero back in 2009. For the crypto industry, 2025 signifies "the end of the easy money era": the pump-and-dump schemes by venture capital, Meme coins, and DATs have all failed. However, last year marked the first time in the history of the cryptocurrency industry that products not reliant on token speculation outperformed others, such as Polymarket and stablecoins. To achieve excess returns in the future, it is essential to develop and utilize such products. There are three constants in the crypto industry:
1. It is crucial to see through the nature of fraudsters;
2. The macro trend of declining trust in institutions and the increasing importance of the internet is real, and credible neutral currencies present worthwhile investment opportunities;
3. There are only two cryptocurrencies with credible neutrality: Bitcoin (BTC) and Ethereum (ETH).
