CryptoQuant Founder: Pure narrative-based altcoins are dead
By: rootdata|2026/06/18 04:45:02
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CryptoQuant founder Ki Young Ju stated, "Altcoins have not died, but purely narrative altcoins are dead." The era where one could make money simply by issuing a token is no longer. He believes that the altcoins that can survive and are worth paying attention to in the future can be divided into the following three main camps: first, global internet companies with tokenized market layers, where in some cases issuing tokens is more pragmatic than tokenized equity listings, such as BNB and GRAM (TON); second, DeFi services with real revenue, such as Hyperliquid and high-quality DeFi protocols; third, projects that align with broader financial trends. Ki Young Ju concluded that just as true IT giants emerged after the internet bubble, real crypto enterprises will also emerge after this cycle.
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