The basis of the long-term value of altcoins is now determined not by narrative but by real business, revenue and a link to global financial trends.

This conclusion was reached by CryptoQuant founder Ki Young Ju. He published a thread reconsidering his attitude toward this market segment.

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Which altcoins Ki Young Ju considers viable

Ki Young Ju identified three categories of tokens that, in his opinion, retain meaning for long-term holding.

Issuing one's own token and listing it on exchanges often turn out to be more practical than a classic entry into the stock market. That is precisely why BNB and GRAM show strong results, backed by long-term commitments from their founders. Gradually, exchange-traded funds are opening access to traditional liquidity for the crypto market. Thanks to this, viable assets allow investors to earn on growing demand for them from ecosystems.

High-quality decentralized services also continue to generate steady income. Altcoins are able to show significant growth if their founders are worthy of trust and governance takes the interests of token holders into account.

The capitalization of the alternative coin sector has not yet grown relative to the 2021 peak. Previous periods of growth relied on internal trends within memecoins, so capital circulated within the industry.

Bitcoin, meanwhile, has successfully attracted new money from institutional investors. The market has now realized the real benefit of the blockchain, which manifests in stablecoins, tokenized assets and projects with real-world applications.

The AI infrastructure sphere can be compared to the dot-com era, when strong technology companies emerged precisely after the bubble burst. Accordingly, reliable crypto companies are forming as a result of the current cycle.

Source: BeInCrypto