### Altcoin Market Zero-Sum Game#

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Hot Topic Details

Hot Topic Overview

Overview

The altcoin market is currently in a zero-sum game, with multiple projects competing for limited funds. Despite Bitcoin's market cap doubling, the total market cap of altcoins remains below its previous all-time high, with no new capital flowing in, only internal rotation. In this scenario, only a few altcoins with strong use cases and narratives will survive, while others face the risk of being eliminated.

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Analysis

The altcoin market is currently in a zero-sum game stage, characterized by a player-versus-player competition. Although Bitcoin's market cap has doubled, the total market cap of altcoins remains below its all-time high, indicating that no new funds are flowing into the altcoin market, and funds are simply rotating between existing altcoins. In this scenario, only a few altcoins with strong use cases and narratives will survive. This means that the altcoin market will undergo a brutal elimination process, and only those projects that can deliver real value and attract investors will ultimately succeed. This poses a significant challenge for altcoin projects, but it also presents an opportunity, as projects that can stand out will have greater room for growth.

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Classic Views

The altcoin market is currently in a zero-sum game.

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There is no new capital flowing into the altcoin market, it is just rotating within the market.

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Only a few altcoins with strong use cases and narratives will survive.

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The altcoin market is a player versus player (PvP) game.

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