Binance has recently delisted a batch of cryptocurrencies: A2Z, FORTH, IDEX, LRC, NTRN, RDNT, SXP, HOOK.

The current market is increasingly resembling the time when the ICO bubble burst in 2018, except this time it is the Meme coins that are starting to retreat.

Looking back at the wave of ICO projects in 2017, very few have survived to the present, and those with actual value are even rarer. Over 99% of the projects left from the bull markets of 2017 and 2020 have ultimately gone to zero.

History is repeating itself, and the market is likely heading into a bear market that could last for two years, with the vast majority of projects ultimately being eliminated, leaving Bitcoin to laugh last.