### Altcoin Market Zero-Sum Game#
Hot Topic Overview
Overview
The altcoin market is currently in a zero-sum game stage, characterized by players competing with each other, with no new capital inflows. This has resulted in the total market cap of altcoins being lower than its historical high, with only internal rotation within the market. Ki Young Ju, CEO of CryptoQuant, believes that only a few altcoins with strong use cases and narratives will survive. This means that the future of the altcoin market will see the strong getting stronger and the weak being eliminated, with only truly valuable projects emerging from the competition.
Ace Hot Topic Analysis
Analysis
The altcoin market is currently in a zero-sum game stage, characterized by player-versus-player competition. Despite Bitcoin's market cap doubling, the total market cap of altcoins remains below its previous all-time high, indicating that no new funds are flowing into the altcoin market, and they are simply rotating within the market. This zero-sum nature implies that only a few altcoins with strong use cases and narratives will survive, while others will gradually be eliminated. This means the altcoin market will undergo a brutal competition, and only those projects that can deliver real value and attract user engagement will ultimately prevail.
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 similar to a player versus player (PvP) game, where projects compete with each other.