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 18sem1 sourceNotable
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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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