Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Last year alone, approximately 11.6 million tokens went to zero. There is a very real issue behind this — the issuing platforms lowered the barriers, making it too easy to launch a project. What’s the result? All kinds of "meme coins" and pseudo-innovative projects flood into the market, mixed with genuine ones.
Data speaks volumes: in 2021, there were still 428,000 cryptocurrency projects. Just a few years later, by 2025, that number has approached 20 million. Nearly a 50-fold increase. While the number of projects exploded, the quality of projects plummeted. A large amount of capital and creativity are diluted into endless low-quality projects, and the final outcome is this — millions of tokens collectively exit the market. The market needs more discerning eyes.
---
Shitcoins are everywhere, it was about time for a cleanup, or the entire market will be rotten through.
---
The issuance threshold is ridiculously low, isn't this just raising pigs and slaughtering pigs?
---
The number of projects that have increased 50 times, but 99% are trash, what’s the use of good-looking data.
---
Rather than saying the market needs vision, it’s better to say retail investors need a thicker wallet and a colder heart.
---
That’s why I only look at top-tier coins now, I don’t touch the others at all, it’s too easy to get caught in a trap.
---
In simple terms, lowering the threshold is essentially to let more people come in and take over, and then... you all know.
---
The quality plummeting has been obvious for a long time, but no one wants to listen.
Once the threshold drops, anyone and everyone can issue tokens, I'm already disgusted.
A 50-fold increase in quality can still plummet, isn't this a classic case of bad money driving out good? Truly the worst.
Rather than saying it's about discerning vision, it's more about learning to understand human nature; many project teams just want to make a quick buck and run.
Meme coins are really the biggest joke in crypto, it was long overdue for a collective cleanup.
---
The threshold is so low that anyone can issue tokens, no wonder it's just a pile of trash projects.
---
50x growth, quality plummeting—this math problem couldn't be more obvious.
---
Instead of saying the market needs vision, it's more about learning to let go, my friend.
---
The fate of meme coins is to be forgotten, although many are forgotten after being "cut."
---
Projects explode with 50x growth, but my profit opportunities are shrinking—how ironic.
---
Capital dilution, creativity dilution, and finally retail blood is also being diluted.
---
After this wave, you'll realize that investments without discerning eyes are just giving away money.
---
Data kills without blood; 11.6 million tokens just disappeared like that.
---
No threshold to issue tokens, but bankruptcy definitely has a threshold—especially low.
The era of meme coins flying everywhere should end; without real value, they can't survive at all.
A 50x increase in the number of projects, but the quality has collapsed; this ratio is obviously off.
Speaking of which, the extinction of low-end projects might actually be beneficial for those who are truly committed.
Low barriers to entry are indeed a poison; now anyone can issue tokens, and there are so many bad projects that they drown out the good ones.
After this round of cleanup, only the worthwhile projects remain, and it's time to focus on genuine innovation.
Why does it feel like every time, people say the market needs discerning eyes, but most still can't tell the difference?