Binance Alpha June Grand Slam Now, whether it's a large exchange or a small one, the frequency of listing and delisting coins is very high. In the crypto space, projects are like stocks, if you don't advance, you retreat; if you're not popular, you fade away.
Looking back at those once glorious anonymous coins, today, they are basically a shell of their former selves, almost all have completely collapsed. Anonymous coins that began to rise in 2014 had their moment of glory in 2017, but now only DASH is barely hanging on to a few exchanges, with a market cap of only $240 million. As for XMR, although its market cap still exists, it has been delisted from all mainstream platforms. What ZEC, ZCL, New Economy Coin, XVG, even GRIN, which exploded in popularity in 2019, are now all forgotten, with the entire sector in decline, and even the leaders cannot escape.
Now, looking at the recent trends, the metaverse concept that was hot in the last bull market has also gone quiet, even the leading AXS has fallen from grace.
In fact, most crypto assets ultimately cannot escape the fate of going to zero. Bitcoin has existed for 16 years since its birth, during which countless altcoins have emerged, but only a handful have truly survived. Claiming to be “digital gold and silver,” LTC is also gradually becoming marginalized, as time goes by, this sector is losing its presence, and the halo of leading projects is hard to maintain.
Trading cryptocurrencies is similar to trading stocks, it's always about new themes and new hotspots, making it easier to attract attention, nobody will have long-term confidence in outdated projects. It is different from gold or art, which have cross-era consensus, many projects in the crypto space struggle to survive even two complete bull markets, while going to zero becomes the norm.
Looking at the entire history of crypto, there are hardly any with long-term viability, except for BTC and ETH, even the top market cap coins like SOL and BNB may not necessarily last in the future.
In the end, the only one that may truly survive long-term is Bitcoin — it no longer relies on technological breakthroughs, it doesn't need to prove itself, it is the only existence that will never fade away. As for other cryptocurrencies, the long-term value is not significant. #币安Alpha上新 $BNB $BTC
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