TechFlow reported, citing AMBcrypto on November 16, that Galaxy Digital founder and CEO Mike Novogratz said in an interview that aside from stablecoins—which serve different purposes within the cryptocurrency market—the growth of cryptocurrencies largely stems from the communities behind individual projects, which many smaller cryptocurrencies lack. Novogratz stated he does not see altcoins growing, as they are gradually shrinking. Furthermore, Novogratz predicted that five years from now, none of today’s top 10 ranked tokens—apart from BTC and ETH—will still exist.
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