Will altcoins disappear? This question isn't quite right. The real question should be—who is still shouting "Altcoins are dead" right now? A closer look reveals it's mostly those who bought in at high prices.
Compare it with historical cycles. In past bull markets, has there ever been a Pump mechanism that allowed everyone to freely issue tokens? No. The underlying logic of the market has been reshaped, and the traditional altcoin narrative is now a joke in the era of PVP competition.
The current game rules are harsh but pure: either you accumulate enough consensus and community support, or you become cannon fodder in the market. There is no middle ground. The prosperity of the Ethereum ecosystem is proof—projects that truly survive are not relying on good storytelling, but on real users and application scenarios.
The core issue isn't whether altcoins themselves will die, but that most participants are still operating with the strategies from the last cycle in this cycle's market. If your thinking hasn't kept up, even the best assets will only become targets for others to take over.
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SchrodingerProfit
· 12-27 07:52
High-level bagholders indeed love to shout "Shanzhai is dead," which is quite true.
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This round is well explained; if your thinking can't keep up, you deserve to be harvested.
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The pump mechanism has rewritten the game rules; it's truly different now.
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The key is still consensus and ecosystem; relying solely on stories has long been outdated.
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It's a harsh truth, but the market is so brutal.
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There is indeed no middle ground; it's either all-in or out.
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Looking at the surviving projects in the Ethereum ecosystem, you'll understand.
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Bagholders love to announce others' deaths; it's quite funny.
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Using old cycle tactics to operate in the new market; if it needs to be cut, it must be cut.
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The real reshuffle has already begun; survival of the fittest.
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LayoffMiner
· 12-27 07:50
If you're taking over at a high position, you wouldn't dare to speak up, pretending to be an analyst.
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BrokenDAO
· 12-27 07:49
Well said, but this logic has a fatal flaw—what you call "sufficient consensus" is itself a product of incentive distortion, ultimately relying on who has stronger narrative skills and who can seize the discourse power faster. Ethereum projects survive not because PvP competition is fair, but because they happen to be caught in this cycle's consensus window. In the next cycle, with a different trend, today's "actual users" will become tomorrow's joke.
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MevWhisperer
· 12-27 07:41
You're absolutely right; those who buy in at high levels are the loudest in shouting.
Projects with genuine communities are not afraid at all; instead, those who survive on storytelling should reflect on themselves.
Mindset is indeed the key; most people are still playing the 2021 tricks.
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MoonMathMagic
· 12-27 07:41
The ones who buy at high prices are the loudest in calling out meme coins dying, hilarious
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FadCatcher
· 12-27 07:36
The ones who bought in high and refuse to admit it, saying the clone project is dead and it’s dead, should have reflected on themselves long ago.
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SillyWhale
· 12-27 07:33
The ones who buy high are indeed stubborn as a dead duck.
Real copycats have already been eliminated in the ecological competition; those still around have genuine value.
Still using old tricks to play in new markets, and the ones losing the most are this group.
Consensus and application scenarios are the hard currencies; no matter how good the story, it's useless.
Most of those who can't keep up with the thinking are probably just bagholders.
Will altcoins disappear? This question isn't quite right. The real question should be—who is still shouting "Altcoins are dead" right now? A closer look reveals it's mostly those who bought in at high prices.
Compare it with historical cycles. In past bull markets, has there ever been a Pump mechanism that allowed everyone to freely issue tokens? No. The underlying logic of the market has been reshaped, and the traditional altcoin narrative is now a joke in the era of PVP competition.
The current game rules are harsh but pure: either you accumulate enough consensus and community support, or you become cannon fodder in the market. There is no middle ground. The prosperity of the Ethereum ecosystem is proof—projects that truly survive are not relying on good storytelling, but on real users and application scenarios.
The core issue isn't whether altcoins themselves will die, but that most participants are still operating with the strategies from the last cycle in this cycle's market. If your thinking hasn't kept up, even the best assets will only become targets for others to take over.