Bank of America’s Alkesh Shah has shaken the crypto world with bold claims, stating that 99% of tokens lack intrinsic value. While the Trump-fueled crypto bull market has sparked excitement, Shah believes this rally won’t replicate the explosive 2017 or 2021 markets.
Key Insights:
✅ Major Shift Expected: Money flow is predicted to move from memecoins to top cryptos like $BTC , $ETH , $AVAX , and $SOL.
✅ Focus on Utility: Large projects driving Web3, DeFi, and strategic platforms will dominate the next cycle.
✅ Memecoin Warning: The memecoin hype may fade as market dynamics stabilize.
Shah also highlighted Bitcoin-focused stocks like MicroStrategy and Bitcoin miners as long-term winners.
🌟 What’s Next? The crypto ecosystem is watching closely to see if Bitcoin becomes a strategic reserve under Trump’s presidency!
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