BlockBeats news, on January 10th, Ki Young Ju, CEO of CryptoQuant, stated on his social media platform that "the AltCoin market is currently engaged in a zero-sum PvP (player versus player) game. Although BTC's Market Cap has doubled, the total Market Cap of AltCoins is still below its previous all-time high, only rotating within the market without new capital inflows. Only a few AltCoins with strong use cases and narratives can survive."
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CryptoQuant CEO: The AltCoin market is in a zero-sum PvP game, and only a few projects can survive.
BlockBeats news, on January 10th, Ki Young Ju, CEO of CryptoQuant, stated on his social media platform that "the AltCoin market is currently engaged in a zero-sum PvP (player versus player) game. Although BTC's Market Cap has doubled, the total Market Cap of AltCoins is still below its previous all-time high, only rotating within the market without new capital inflows. Only a few AltCoins with strong use cases and narratives can survive."