If you don't want to see your money disappear over time, then you should avoid holding the following three types of altcoins.

Outdated and overvalued projects

These projects usually have no technology because they are all fictional. Over time, their value will gradually decrease compared to ETH, as we can see now.

Projects related to past narratives

Typical characteristics are high FDV, low market capitalization and continuous selling pressure. These tokens have lost narrative relevance and are gradually declining.

Overpriced tokens

The supply of these tokens is strictly controlled by the team or venture capital, resulting in manipulated valuations.

It is the actual application of technology, not continuous hype, that ultimately determines the success of Crypto assets.

Perhaps some Web3 practitioners have awakened. The industry no longer needs just a target for everyone to "hype nonsense", but also needs a wider range of applications to enter the public eye. This is why ecosystems like Ton have suddenly become the focus of attention of various institutions and investors, because behind it is the Web3 product available to billions of users. Although it is also in its early stages, it already has a prototype.

#WBTC #TON #Ripple于诉讼中取得部分胜利