Miles Deutscher: Only a few projects have long-term investment value

Odaily News Crypto analyst @MilesDeutscher wrote that there are 37 million crypto tokens on the market, 99.9% of which are "empty projects". He believes that there may be less than 100 projects with real long-term investment value, and these projects usually have the following characteristics:
1: Led by an experienced team
2: The project owner is optimistic about the token in the long term and is a net buyer
3: Have a clear business model and a roadmap to sustainable profitability
4: Achieved or has a clear path to achieve product-market fit (PMF)
5: Continuously iterate products without being affected by market conditions
6: Possessing a technology or network moat
7: Follow macro trends such as AI, RWA, and stablecoins. He pointed out that the key task for investors is to identify these high-quality protocols among many projects and make long-term bets.