CryptoQuant CEO: The Altcoin Market is currently in a zero-sum PvP game, and only a few projects can survive

BlockBeats News, January 10th, CEO of CryptoQuant Ki Young Ju stated on his social media platform that the 「altcoin market is currently engaged in a zero-sum PvP (player versus player) game. Despite Bitcoin's market value doubling, the total market value of altcoins is still below its previous all-time high, only undergoing internal market rotation without new capital inflow. Only a few altcoins with strong use cases and narratives can survive.」