Always complaining that altcoins don’t make money? Stop blaming it on “lack of funds” or “liquidity drying up”—those are just surface reasons. The real killer is this: the game rules have already changed, but you’re still playing by the old playbook.

Today’s investors aren’t fools. Who still gets fooled by a PowerPoint or a few pages of a whitepaper? People have wised up—they won’t put in real money unless they see real skills. Projects that rely on hype and storytelling can’t even get a foot in the door now.

Look deeper, and you’ll find two fatal flaws at the core:

**First, zero innovation.** The new coins popping up in the past couple of years have no technical breakthroughs, no real-world applications—they’re propped up by nothing but “narrative.” Remember 2017 and 2021? You could make up any concept and it would skyrocket. Now? Without real value, who’s willing to throw in hard cash?

**Second, sky-high valuations.** Since 2021, VCs have been pumping up prices, inflating bubbles in the primary market, and projects are launching on exchanges with valuations in the billions. Retail investors end up holding the bags—who can handle that?

The market is splitting faster than ever. Just like US stocks, the top 10% of projects take 90% of the money, and the other 90% of small coins are left to gather dust in the corners. It’s the same in crypto now—the more the mainstream coins suck up liquidity, the less anyone cares about altcoins.

Even project teams have gotten smarter: no more blindly pumping and hyping. Why? Because they know the deal—any pump just gets dumped on, bringing no real believers and only trapping themselves. The result? Many altcoins tank right after launch, and can’t even sustain a proper hype cycle.

So if you want to make money on altcoins now, you have to completely change your mindset:
Forget about long-term holds—focus on short-term explosive opportunities. Take profits fast, get out when you’re ahead, never get attached. Be sharp and act fast! Hesitate even a little and you’ll miss out. That’s how quick the pace is now.

Maybe things will ease up next time the market turns bullish. But competition will only get tougher—you’ll need to understand the logic, spot the narratives, time your entry and exit precisely. Blindly buying will only get you wrecked. Really want to gamble on meme coins? Play in the primary market—but be clear: at its core, it’s just gambling, so don’t get carried away.