Arthur Hayes, 99% of altcoins going to zero doesn't mean end of industry

Korean Alpha EN (@korean_alpha_en), May 9, 2026, 08:00 UTC

Arthur Hayes, 99% of altcoins going to zero doesn't mean end of industry He believes 99% of altcoins will eventually be zero, but this is similar to what the stock market looks like. Since about 98% of the companies that make up the S&P 500 index have also become zero over a long period of time since 1929, most stocks are also no different from 'shootcoins'. He said 24/7 cryptocurrency transactions only encapsulate these cycles, and the cryptocurrency market is still a great model for financing and innovation. 👉원문 #Arthur Haze

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