On-chain analyst Ali's latest data shows that the current number of altcoins has exceeded 36.4 million, compared to less than 3,000 in 2017-2018 and less than 500 in 2013-2014, demonstrating explosive growth. Behind this phenomenon is the significant reduction in the threshold for issuing tokens and the lack of market regulation.
Issuing tokens has now become exceptionally easy, allowing anyone to easily create a token, resulting in a market flooded with numerous projects of varying quality. Many countries and regions have yet to完善 their regulatory policies on cryptocurrencies, providing opportunities for unscrupulous project teams to deceive investors through methods such as issuing air coins and Ponzi coins, while many investors lack in-depth understanding of projects and blindly follow trends, leading to continuous market bubbles.
In the coming years, the altcoin market may experience a major consolidation. As regulatory policies gradually improve, low-quality projects will be eliminated, and high-quality projects will gain more market resources and investor attention.
However, in the short term, the market may still experience significant volatility. Especially in 2025, with the end of Bitcoin's four-year cycle, the market may welcome a new altcoin season, which will lead to fluctuations in market sentiment and significant price swings.
The rapid development and surge in the number of altcoins have brought both opportunities and challenges. The low threshold for issuing tokens has led to a chaotic market, and investors need to pay more attention to fundamental analysis to find projects with long-term value. In the future, with market consolidation and strengthened regulation, the altcoin market is expected to achieve healthier and more sustainable development, but in the short term, it is still necessary to be alert to the risks brought by market fluctuations.