Why do I think there won't be a comprehensive altcoin season in the next bull market???
Currently, on Binance Alpha, you can directly buy and sell US stocks, Binance Futures allows trading of mainstream US stock futures and commodity contracts, and the Binance spot secondary market enables direct trading of gold. It's not just Binance; other exchanges like OKX and Coinbase are also actively transforming to embrace traditional finance and commodities, marking the first step in this transformation.
As the leader in this industry ecosystem, every move of the exchange represents the future direction of the industry. Coupled with Binance's recent aggressive delisting of altcoins, it is reasonable to predict that the vast majority of altcoins will eventually go to zero. Every time I say this, people criticize me, claiming that without an altcoin season, the space lacks attraction. However, it is important to note that I am saying there won't be a comprehensive altcoin season, but there will still be certain valuable coins like $HYPE and $TAO , as well as blue-chip coins like $XRP and DOGE, which have stood the test of time and will ultimately yield returns of 5 times or even more. Therefore, in the next bull market, 90% of altcoins are not worth buying. However, there will still be 10% of altcoins that can create a significant wealth effect. The key is how you choose.
The essence of the cryptocurrency space is that it cannot keep users for too long. The stock market can retain a shareholder for a lifetime, but the crypto space cannot retain a crypto holder for a lifetime. Either the crypto holder is cut off or they choose to leave.
