This article is machine translated
Show original
It is recommended that all exchanges, after this bear market ends,
The company has significantly removed most Altcoin from its platform and is re-examining its listing regulations.
Those that truly need to be kept,
Currently, it appears that there are only BTC, ETH, SOL, BNB, and a very small number of L2.
Most other counterfeit products share the same fate: a sharp rise followed by a long period of gradual decline, eventually approaching zero.
Given this market structure, I doubt any newcomer would want to participate.
Opening an exchange and clicking on any asset reveals the same price movement, a lack of liquidity, and a price trend devoid of any dignity, accelerating user churn.
Too many so-called Web3 narratives,
It has already been proven false by the market itself.
No users, no cash flow, no real demand.
All that's left is a story that's been repackaged.
Web3 was once sexy.
But now, the market no longer pays for empty narratives.
Hey D, let's go together! These garbage altcoins are the biggest bloodsuckers of BTC. Exchanges should implement strict delisting rules; it's much easier than listing... They're always comparing themselves to Nasdaq, but Nasdaq delists far more stocks than it lists each year. It's constantly updating and only retains the most advantageous stocks in each economic cycle, which is why the Nasdaq can be so bullish.
I suggest removing all VC coins and returning to the essence of playing only memes.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content






