Takanoritaka
The altcoin market is experiencing a "winnerless" game, and is there still a chance for altcoins in 2026? How can we break through?
The massive tokens left over from the 2021-2022 fundraising bubble are being dumped into a market with exhausted demand.
The problem is that the mechanism causing this crisis is still operating.
1️⃣ The Dilemma of Low Circulation: A Four-Party Zero-Sum Game
Over the past three years, the industry has relied on a fatal model: low circulation issuance (circulation rate in the single digits + high FDV).
At first glance, it seems to maintain prices, but in reality, it
View OriginalThe massive tokens left over from the 2021-2022 fundraising bubble are being dumped into a market with exhausted demand.
The problem is that the mechanism causing this crisis is still operating.
1️⃣ The Dilemma of Low Circulation: A Four-Party Zero-Sum Game
Over the past three years, the industry has relied on a fatal model: low circulation issuance (circulation rate in the single digits + high FDV).
At first glance, it seems to maintain prices, but in reality, it