The cryptography market is currently dominated by Bitcoin, which controls more than 60% of the space, while altcoins have trouble following.
Formerly known for its rapid innovation, the sector has become a reproduction ground for pieces of speculative memes and scams, leaving disillusioned and exhausted investors.
For years, the world of cryptography has been defined by growth and advanced projects. However, this growth has become overshadowed by a change of priorities, the market has focused more and more on fast gains rather than long -term value. Alejandro Navia, co-founder of NFT NOW, called Beware of a worrying trend, declaring that the situation is more worrying today than a typical market cycle. Macro-analyst Lyn Alden also warned The fact that many cryptocurrency projects lack solid economic foundations, the Altcoin market now largely motivated by memes and short-term parts.
In the current climate, even Coin Trading has reached a fever field, investors rushing to get on tokens from their launch. This rapid profile race has led to disastrous results, such as the 800,000 investors in Trump’s official play who lost billions when the token dropped in a few hours. The result is an impulsive trading culture, fueled by FOMO, and saturated with rich rich schemes and diagrams. Even experienced investors feel pressure, because they look at legitimate projects that they find it difficult to compete with chaos.
What the market needs now is a return to its fundamental principles. To succeed, Crypto must focus on sustainable growth and support projects with real value. Without recovering to a real innovation and a responsibility focused on the community, space risks deterioration. As Navia says, there is an urgent need to treat market management, recognizing that things can get worse before they improve.
