TechFlow reports that on January 10, CryptoQuant CEO Ki Young Ju pointed out that although Bitcoin's market cap has doubled, the total market capitalization of altcoins has yet to surpass its historical high, indicating a zero-sum market condition. Currently, the altcoin market mainly relies on internal fund rotation, lacking inflows of new capital. Only a few projects with strong use cases and compelling market narratives are expected to survive this cycle.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号




