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CryptoQuant CEO: This round of altcoin season lacks new Liquidity, only a few projects can stand out
CryptoQuant CEO Ki Young Ju wrote on X: “This altcoin season will be different from what you expected. It will be peculiar and challenging, with only a few projects winning the race. Market sentiment is positive, but there isn’t much new liquidity.” BTC is breaking away from the encryption ecosystem. BTC has established its own paper-based L2 ecosystem through ETF, MSTR, funds, etc. In this ecosystem, it is impossible to bridge to other AltCoins. Altcoins used to move in correlation with BTC, but this pattern has now been broken. Only a few altcoins are starting to show independent trends when attracting new liquidity.
AltCoin now has two options: create a paper-wrapped version like BTC, or build a true Internet Currency ecosystem using stablecoins or BTC. AltCoin investors should find a cryptocurrency that can achieve either of these and hold it for the long term.