The most ironic thing in the crypto world is that as choices increase, the opportunities to make money actually decrease.
Currently, there are over 36 million tokens in circulation. How outrageous is this number? Look back over the past decade and you'll understand—there were only about 500 tokens in 2013. Back then, buying any coin could easily earn some quick gains; by 2017, that number grew to 3,000, and although competition became fiercer, the chances of finding a doubling coin were still pretty good; in 2021, it skyrocketed to 3.1 million, and the market started to become chaotic; this year, it has expanded to the tens of millions. Imagine, the number of tokens has increased from 500 to 70 million—what does this imply?
A simple math problem makes it clear—supply has exploded exponentially, but the actual market demand has not increased at the same pace. To manipulate a project, the market maker first needs to find a bagholder. Tokens with no attention, no real application, and even no legitimate team behind them are simply not on the radar of market manipulators. That pile of nobody tokens in your hands doesn’t even qualify for a takeover.
Data speaks volumes: 99% of tokens eventually go to zero. This is not a curse; it’s a natural consequence of supply and demand. Many people treat the crypto space as a casino, hoarding a bunch of air coins, fantasizing about winning big through quantity, but it’s all digital trash. Instead of scouring tens of millions of coins for a hundredfold opportunity, it’s better to concentrate funds on leading assets like BTC, ETH, or choose mainstream platform tokens with real-world applications, which at least have fundamentals to support them—much more reliable than blindly casting a wide net.
What you should do now is not blindly add to your positions or bottom fish, but decisively optimize your holdings—clear out those altcoins with no popularity, no progress, and no transparency, and stop letting them occupy your capital and mental space.
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YieldFarmRefugee
· 8h ago
99% of the coins will go to zero. My worthless spot holdings haven't moved yet. They owe me an explanation.
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Ser_This_Is_A_Casino
· 8h ago
99% wiped out, this data is really not joking. I must have about half of my holdings in nobody coins now... I regret my past decisions.
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GateUser-7b078580
· 8h ago
Data shows 99% wiped out, but I still can't bear to sell those small coins... It's conflicting.
The most ironic thing in the crypto world is that as choices increase, the opportunities to make money actually decrease.
Currently, there are over 36 million tokens in circulation. How outrageous is this number? Look back over the past decade and you'll understand—there were only about 500 tokens in 2013. Back then, buying any coin could easily earn some quick gains; by 2017, that number grew to 3,000, and although competition became fiercer, the chances of finding a doubling coin were still pretty good; in 2021, it skyrocketed to 3.1 million, and the market started to become chaotic; this year, it has expanded to the tens of millions. Imagine, the number of tokens has increased from 500 to 70 million—what does this imply?
A simple math problem makes it clear—supply has exploded exponentially, but the actual market demand has not increased at the same pace. To manipulate a project, the market maker first needs to find a bagholder. Tokens with no attention, no real application, and even no legitimate team behind them are simply not on the radar of market manipulators. That pile of nobody tokens in your hands doesn’t even qualify for a takeover.
Data speaks volumes: 99% of tokens eventually go to zero. This is not a curse; it’s a natural consequence of supply and demand. Many people treat the crypto space as a casino, hoarding a bunch of air coins, fantasizing about winning big through quantity, but it’s all digital trash. Instead of scouring tens of millions of coins for a hundredfold opportunity, it’s better to concentrate funds on leading assets like BTC, ETH, or choose mainstream platform tokens with real-world applications, which at least have fundamentals to support them—much more reliable than blindly casting a wide net.
What you should do now is not blindly add to your positions or bottom fish, but decisively optimize your holdings—clear out those altcoins with no popularity, no progress, and no transparency, and stop letting them occupy your capital and mental space.