💹 crypto99 %Altcoins: 99% at risk of disappearing according to BitMEX founder

Altcoins: 99% at risk of disappearing according to BitMEX founder

Arthur Hayes, founder of BitMEX platform, predicts that 99% of altcoins will be eliminated from the market in the coming years.

Published 9sem1 sourceNotableupdated 9sem

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The fact

This statement reflects a pessimistic view of the long-term viability of the majority of alternative tokens to Bitcoin.

Despite this severe warning, Hayes believes that the elimination of weak projects is not necessarily harmful to the broader crypto ecosystem.

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