🚨 The FDV of altcoins is one of the biggest illusions of this cycle —

According to Memento Research, among the 118 TGEs this year, 84.7% of new coins have fallen below their initial price, with only 15% maintaining an upward trend. Most early investors are now facing significant paper losses.

Here's a terrifying statistic:

By 2025, there will be over 37 million tokens in the cryptocurrency market. What does that mean?

The total number of publicly listed companies worldwide is about 60,000 to 70,000, while the number of crypto tokens is over 500 times that.

However, money and attention do not multiply by 500 times; with each new coin, the pricing power of all existing coins gets diluted a little.

The reality is that most people only focus on a dozen or even just three to five assets.

The remaining tens of millions of tokens have had no audience since the moment their TGE ended.

In such a market, those who can make money by holding altcoins long-term are almost all survivors' bias!

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