IDon'tUnderstandBtc
#Gate广场圣诞送温暖 Why can't altcoins take off? Stop saying it's "no money, no liquidity"—that's just superficial.
There are only two real reasons:
1: Projects lack innovation; it's all just old concepts repackaged. No one is willing to pay for "stories" anymore.
2: Valuations are absurd—projects launch with market caps in the billions, retail investors get trapped as soon as they buy in. Who dares to jump in now?
The result:
All the funds flow to the top projects, and 90% of altcoins are ignored;
Whenever a project team tries to pump, it immediately gets dumped, so they just give up and stop playi
View OriginalThere are only two real reasons:
1: Projects lack innovation; it's all just old concepts repackaged. No one is willing to pay for "stories" anymore.
2: Valuations are absurd—projects launch with market caps in the billions, retail investors get trapped as soon as they buy in. Who dares to jump in now?
The result:
All the funds flow to the top projects, and 90% of altcoins are ignored;
Whenever a project team tries to pump, it immediately gets dumped, so they just give up and stop playi


