Someone from the traditional finance world just fired some shots—the famous investor Kevin O'Leary, known as the "Shark" from reality TV, recently declared most altcoins dead in the water.
This "Mr. Wonderful" isn't just some retail investor ranting in a community chat; he's a suit-and-tie veteran investor. But now he's using the bluntest terms to label altcoins: he called them "poopoo coins." In other words—shitcoins—and he predicts they're about to go cold.
His words are harsh, but his actions are even harsher. He only keeps three coins in his own wallet: Bitcoin, Ethereum, and Solana. The implication is clear: aside from these major assets, everything else is trash to him, not worth keeping around.
It's a fascinating situation. It's like a foreign shark swimming into a lively coral reef—not to socialize, but to hunt—swallowing up the mainstream coins he likes, spitting out the garbage, and stirring up the entire ecosystem in the process.
But one thing needs to be made clear: don’t treat any celebrity’s opinion as gospel. Even a "shark" of this caliber can only influence short-term market sentiment and maybe speed up the exit of some failed projects. The death of truly worthless projects is a long and repetitive process—there will still be zombie rallies designed to trap those clinging to false hope.
And don’t blindly follow just because he bought SOL. When it comes to investing, you need to make your own judgments.
Hopefully, your portfolio consists of assets that can stand up to the test of the market, not the kind you only realize are worthless after the tide goes out.
(This article does not constitute investment advice.)
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GweiObserver
· 7h ago
That's not wrong, but to put it bluntly, this guy just wants fame and attention. Whatever he says can influence retail investors' mentality, but the real quality of a project still depends on its fundamentals.
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DataPickledFish
· 10h ago
Oh, here comes another big shot from traditional finance complaining about the crypto world—how many times have we seen this script... But SOL really is resilient.
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NewDAOdreamer
· 12-06 03:55
Kevin's rhetoric sounds great, but I think he just wants to buy the dip on major coins... The ones who really make big money have always been those who dare to bet on small coins.
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0xOverleveraged
· 12-06 03:54
It's definitely worth paying attention to the "shitcoin death sentence" thing, but don't treat his holdings like the Bible.
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ChainWatcher
· 12-06 03:50
Kevin is pretty harsh with his words, but I think he's just helping the big players fleece the retail investors. He demonizes altcoins first, then takes the opportunity to accumulate them.
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TopBuyerBottomSeller
· 12-06 03:39
That's right, this guy is just here to cash out on newbies—the louder he shouts, the more aggressively he buys.
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OnchainHolmes
· 12-06 03:37
Ha, this guy is just a loudmouth king. He’s called the death of altcoins so many times, yet there are still people buying in. Seriously.
Someone from the traditional finance world just fired some shots—the famous investor Kevin O'Leary, known as the "Shark" from reality TV, recently declared most altcoins dead in the water.
This "Mr. Wonderful" isn't just some retail investor ranting in a community chat; he's a suit-and-tie veteran investor. But now he's using the bluntest terms to label altcoins: he called them "poopoo coins." In other words—shitcoins—and he predicts they're about to go cold.
His words are harsh, but his actions are even harsher. He only keeps three coins in his own wallet: Bitcoin, Ethereum, and Solana. The implication is clear: aside from these major assets, everything else is trash to him, not worth keeping around.
It's a fascinating situation. It's like a foreign shark swimming into a lively coral reef—not to socialize, but to hunt—swallowing up the mainstream coins he likes, spitting out the garbage, and stirring up the entire ecosystem in the process.
But one thing needs to be made clear: don’t treat any celebrity’s opinion as gospel. Even a "shark" of this caliber can only influence short-term market sentiment and maybe speed up the exit of some failed projects. The death of truly worthless projects is a long and repetitive process—there will still be zombie rallies designed to trap those clinging to false hope.
And don’t blindly follow just because he bought SOL. When it comes to investing, you need to make your own judgments.
Hopefully, your portfolio consists of assets that can stand up to the test of the market, not the kind you only realize are worthless after the tide goes out.
(This article does not constitute investment advice.)