$PIPPIN Stop Gambling, Start Investing 🧠 The 3-Question Altcoin "Business" Test

Analyst Alessandro argues that successful altcoin investing means treating projects as on-chain businesses, not lottery tickets. He presents a strict, three-question framework:

1. Is the Total Addressable Market growing? (e.g., DeFi, RWA, Gaming).

2. Is the project gaining market share within it?

3. Does the token have sustainable value accrual? (via fees, buybacks, distributions).

Coins like Aave pass this test by capturing real revenue in a growing sector. In contrast, major names like Ethereum currently struggle with clear value flow to ETH holders. The conclusion: applying this fundamental filter helps investors avoid being exit liquidity and identify projects built for long-term success, not just short-term hype.