Recently, celebrity investor Kevin O’Leary from "The Smart Investor" harshly criticized that most altcoins are "garbage coins" on social media platforms and other occasions, declaring that their era has ended. He also emphasized that only Bitcoin $BTC and Ethereum $ETH remain stable in the cryptocurrency market.

He provided key evidence: holding these two coins can capture 97.5% of the excess returns in the cryptocurrency market, and during this round of market adjustments, altcoins no longer rebound as they did in the past, mainly because most lack real application scenarios.

At the same time, stricter regulations and the influx of institutional funds have accelerated the market's concentration towards compliant and stable assets. Institutional investors have always favored Bitcoin and Ethereum, and this market cleansing will be even more thorough in the future. He has also long included these two coins in his investment portfolio, eliminating all altcoins #加密市场观察 .