#ADPWatch Why Most Altcoins Are Dying While $BTC Doesn't Care

Most altcoins didn't fail because the products are bad. They failed because the token has no real economic claim on the protocol.
Good protocol good token.
DeFi 1.0 proved this painfully well:
Strong products (Aave, Uniswap, Compound)
Real users, real volumes
But tokens disconnected from revenue
For years, speculation masked this flaw. Today, with 30M+ tokens, capital is no longer paying a premium for "potential."
If revenue flows to foundations while DAO tokens absorb all the risk - price decay is inevitable. That's why many once-top DeFi tokens are now at ATL...
The Key Question Every Investor MustAsk
If I were 100% in stablecoins today - would I buy this token right now?
If the answer is "no, I'm just waiting for a miracle" - that's not investing. That's hope.
Hope worked when liquidity was abundant. It doesn't work in capital-scarce markets.$XRP $ZAMA
