TechFlow News, June 17: Ki Young Ju, founder of CryptoQuant, stated that the era of launching tokens solely based on narratives to generate profits has ended. Altcoins are not dead, but only projects with genuine businesses and real revenue are worth holding long-term. He categorized valuable altcoins into three types: First, global internet companies with tokenized market layers—such as Binance’s BNB and Telegram’s TON—which offer ecosystem exposure via tokens, making them more operationally viable than equity tokenization. Second, DeFi protocols generating real revenue—such as high-quality decentralized exchanges like Hyperliquid—that retain significant upside potential under conditions of credible founders and governance that respects token holders. Third, projects aligned with global financial trends—including stablecoins, RWAs (real-world assets), and tokenized equities.
He also noted that as AI agents increasingly drive internet activity, blockchain infrastructure designed specifically for AI agents could become the next major growth area. He emphasized that 99.9% of altcoins should be eliminated—but “most are garbage” does not mean “all are garbage,” urging investors to remain selective rather than applying blanket dismissals.
