There is extreme inflationary pressure in the crypto market and when I said that not all altcoins / memecoins will rise like previous bull seasons, some friends asked for proof.
“According to GeckoTerminal data, there are 3.1 million different tokens in the market, the vast majority of which are meme coins. The actual number of cryptocurrencies is around 25,000.”
In my opinion, 90% of them will be deleted. They will disappear.