According to Odaily, Amitis Capital's Chief Investment Officer Chris Solarz stated that the era of Altcoins rising together has ended. Statistics show that the current crypto ecosystem has approximately 40 million tokens, and he predicts that 99.99% will ultimately become worthless, with no more than 100 tokens worth discussing. Solarz pointed out that the crypto market will need at least $300 billion in new funds over the next three years to maintain current prices, as the top 100 tokens will face massive unlocking selling pressure. The liquid token market available for hedge funds is only around $30 billion, and retail investors have already shifted to meme coins - in other words, there are currently not enough buyers to absorb the selling. "This is the sword of Damocles and the reason why Altcoins cannot experience a bull market in the short term," Solarz said. It is known that Chris Solarz previously managed nearly $8 billion in asset allocation at the investor consulting firm Cliffwater.