2026-01-01 13:22:40

Have you noticed lately—altcoins are having a tough time.

Trading volumes are becoming increasingly bleak, rebounds aren't attracting buyers, and while the decline is accompanied by significant trading activity. Project teams are slowing down their updates, and the community isn't as lively as before. Some might say this is an issue with individual projects, but that's not correct; it's a structural change across the entire market.

**What is the market doing?**

Simply put, in this cycle, the market is doing some cleaning: clearing out projects that only have stories but no real substance; clearing out public chains without a genuine user base; clearing out tokens that rely on artificial price manipulation to stay afloat.

Think about how it was in the past few years—projects relied on PPT presentations for fundraising, tokens depended on market making to inflate their market cap, and retail investors were purely faith-based. Now? The market's taste has changed. It only values three things: real cash flow, genuine demand, and active, real users.

**So, is there no chance for altcoins?**

Not quite. But

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DataBartender

· 5h ago

The cleaning cycle is here again, and this time it looks really fierce. To be honest, PPT coins really deserve to die; they should have been cleaned up long ago. Now is the time to see who is real; only those with actual business can survive. My investment portfolio has already started to relax. Wait, what about the old projects at low prices? Is there a chance for a comeback? The trading volume is so sluggish, it doesn't feel right. Everyone is clearing out their positions; who still has the mood to watch community updates?

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SmartContractWorker

· 14h ago

Oh no, this wave is indeed clearing the market. Projects without real capability can't survive. --- To put it simply, the era of cutting leeks is over. Now, it's all about data-driven decisions. --- I'm almost unable to understand these new tokens. They get listed with nothing but a name. --- Wait, what about tokens with genuine users? Shouldn't they be rebounding? --- Cleaning up trash projects is a good thing, but I'm worried about killing off potential ones too. --- Tokens supported solely by PPT and market making deserve to die, but now even good projects are suffering. --- The problem is how to distinguish between genuine demand and hype. I really can't tell the difference. --- Low trading volume is really disheartening; even good coins aren't being played with. --- Shitcoins are dead, but those that survive will probably be worth more, right? --- You need to be very cautious when entering the market now. One wrong move and you'll get burned.

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tx_or_didn't_happen

· 01-03 08:07

I've seen it all along; garbage coins are dying one by one, and that's the end. --- Honestly, projects without real users should have been cleared out long ago. --- Are you only realizing now? I liquidated my holdings half a year ago, haha. --- The era of relying on PPT presentations and market cap manipulation is truly over. Serves them right. --- The problem is, how can retail investors distinguish which projects have genuine demand? It's too difficult. --- Market cleanup efforts haven't been thorough enough; there are still many scam coins bouncing around. --- The reshuffle in this cycle is about eliminating some and nurturing others. --- Real users are the ultimate filter; without them, projects can only die. --- It's really about returning to fundamentals, but 99% of coins lack that. --- So should we now buy the dip on genuine projects or continue to wait and see?

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MetaMisery

· 01-01 16:01

Relying on PPT fundraising was doomed long ago, really --- Another round of harvesting begins, retail investors are still dreaming --- Cleaning up? Basically dumping the market, don’t give it a nice name --- Projects with a real user base... just pick one and show me --- The market hasn't changed, just no one believes the stories anymore --- That’s why I only play mainstream coins; everything else is a life-or-death gamble --- Community lack of enthusiasm means what? It means there’s really no future --- Let’s see how low it can go, the bottom-fishing opportunity is here --- In reality, there’s no real application, it’s all hype --- Cash flow, real demand... these words are really a luxury for scam coins

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gm_or_ngmi

· 01-01 13:52

It was about time to clean up; there are too many sh*t coins. Projects that rely on stories and hype will die sooner or later. Wait, are you saying we now need to look at real user data? Then I need to change my investment logic... Altcoins have no chance; only Maxi and blue-chip tokens can survive comfortably. This adjustment is actually a good thing; the more trash projects there are, the more they impact the entire ecosystem. But on the other hand, a bear market is also an opportunity to pick up bargains; the key is whether you can identify which ones truly have a future.

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SocialAnxietyStaker

· 01-01 13:51

Oh my, another liquidation is happening. This time, a batch of projects are really going to die. Honestly, I saw it coming early. The batch that relied on storytelling for funding last year are now all scared. The PPT era is really over. Coins without real users are basically doomed. So, you still have to look for those with practical applications. As for the others... haha.

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BearWhisperGod

· 01-01 13:49

I've long seen through it; the PPT era is already dead. --- To be honest, those projects that survive on stories deserve to die. --- Still playing copycat now, that's a bit irrational. --- This is normal operation during the cleaning phase. --- Wait, how do we define true user base here? --- Market tastes have indeed changed, but can we still buy the dip? --- I want to see who can survive and take a gamble. --- Market making and creating market value have indeed been played out. --- The real problem is that there aren't many genuine projects, haha. --- It's about time to return to fundamentals.

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GateUser-c799715c

· 01-01 13:49

Uh honestly, another round of cutting leeks has begun --- Cleaning up? Listen to this term, the market is just a sieve on a Ferris wheel --- Still the same old PPT lies are still running, now just see who runs faster --- Real users, real cash flow, laugh out loud, even the main coin doesn't have many genuine needs --- Wait, do altcoins have a chance? I see only opportunities... opportunities for explosion --- Trading volume is bleak, that’s right, it shows there are no fools, or maybe all the fools have already been cut --- The community isn’t as lively as before, probably because everyone has moved to mainstream coins, be realistic --- I’ve also done market making and creating market value before, now I just lie flat and watch the show

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ContractFreelancer

· 01-01 13:47

Uh… another round of pulling the leek curtains up --- I've felt it for a long time, really no one is playing anymore --- That's quite right, but the problem is there are not many good projects --- Alright, time to wash out again, huh --- I didn't get into the PPT financing wave, lucky me --- Cash flow? Genuine users? Sounds like empty talk before pulling the leek --- Shitcoins won't die, there will always be new leeks --- This cleanup was a bit fierce, feeling cold --- Wait, what should I do with this one in my hand --- Is the market taste changing or just running out of money, this thing --- Cleaning work sounds fancy, but it's actually a blow-up --- Projects without real users really can't survive, that's true --- Here comes this kind of rhetoric again, every cycle it's the same --- Feels like this time is really different, the trading volume is indeed too miserable

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