Most altcoins have no future, and the altcoin season is gone forever! The underlying logic is as follows:

1) More and more new coins are listed on exchanges, and a large number of new coins will dilute the limited stock of funds in the market, resulting in a situation where there are too many people and too little money;

2) In the past one or two years, homogeneous blockchain projects have been more serious, lacking sufficient innovation, resulting in competition between new and old altcoins, and not enough attraction;

3) Funds flowing into the market from ETF institutions

If you want to know more about the relevant knowledge of the currency circle and first-hand cutting-edge information, click on the avatar to follow the sponge, which publishes market analysis and recommends high-quality potential currencies every day.