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 and lack sufficient innovation, resulting in competition between new and old altcoins and insufficient attraction;

3. Funds flowing into the market from ETF institutions