### Altcoin Market Zero-Sum Game#
Hot Topic Overview
Overview
The altcoin market is currently in a zero-sum game stage, with intense competition among projects. There is no new capital inflow, only rotation within the market. Although Bitcoin's market cap has doubled, the total market cap of altcoins is still below its previous all-time high. Ki Young Ju, CEO of CryptoQuant, believes that only a few altcoins with strong use cases and narratives will survive, while others face the risk of elimination.
Ace Hot Topic Analysis
Analysis
The altcoin market is currently in a zero-sum game, meaning that the gains of some altcoins will come at the expense of others. Although Bitcoin's market cap has doubled, the total market cap of altcoins is still below its previous all-time high, indicating that there is no new capital flowing into the altcoin market, but rather a rotation of funds among existing altcoins. In this scenario, only a few altcoins with strong use cases and narratives will be able to survive. This means that the altcoin market will undergo a brutal elimination process, and only those projects that can truly solve real-world problems or have strong community support will ultimately succeed. Investors should carefully select their investment targets and closely monitor the actual progress of projects and market dynamics to avoid investment risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The altcoin market is currently in a zero-sum game.
There is no new capital flowing into the altcoin market, it is just rotating within the market.
Only a few altcoins with strong use cases and narratives will survive.
The altcoin market is a player-versus-player competitive environment.