Let's talk about some altcoin perspectives
Is there an opportunity? Of course, but it's less than before.
After this round, it seems that high-profile protocols are hardly used, turning into 'ghost towns'.
Reduced opportunities: Although there are still investment opportunities in altcoins, they have significantly decreased compared to the past. In this market cycle, many projects that appeared promising ultimately failed to materialize, becoming 'ghost towns'.
Imbalance in project supply and demand: Currently, there are numerous projects in the market, but user growth is slow, leading to an imbalance. Many projects are blindly constructed without actual application scenarios and user bases, resulting in resource waste.
Disparity between project quality and returns: Some projects perform excellently during the fundraising phase, but fail to achieve expected returns in actual operations, and the tokens instead become a tool for project parties to cash out. For such projects with continuous unlocking, if there is a lack of effective token consumption mechanisms, the investment risk is considerable.
Focus on value projects: Projects that have sustained profitability, stable cash flow, and can reward token holders through buybacks, burn mechanisms, etc., will become my key focus and gradually included in my investment vision.
