Joo Ki-young: "Most altcoins will not survive"

Source
JOON HYOUNG LEE

Summary

  • CryptoQuant CEO Joo Ki-young stated that most altcoins will not survive.
  • He indicated that this altcoin season is expected to show selective movement.
  • He identified characteristics of strong altcoins as ETF approval possibility, sustained interest factors, and revenue-generating projects.
CryptoQuant CEO Joo Ki-young
CryptoQuant CEO Joo Ki-young

CryptoQuant CEO Joo Ki-young claimed that "most altcoins will not survive."

On the 25th, CEO Joo stated through X that "the era of all coins rising together has ended." He added that "this altcoin season will be selective" and that "most altcoins will not survive."

He also pointed out key characteristics of altcoins to watch. CEO Joo stated that "the characteristics of altcoins expected to show strength this year are ETF approval possibility, factors driving continuous interest, and revenue-generating projects."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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