Odaily News Trader Eugene Ng Ah Sio posted on his personal channel that looking back at the development of altcoins in the market, especially after the Meme coin craze and the great success of HYPE, the market rules have become clear. Projects with the following three characteristics will receive a market premium:
1. A business model with sustainable growth (preferably independent of the bull and bear cycles of the crypto market);
2. Achieve extremely low token inflation through unlocking mechanism (sell-off by investors or team);
3. Teams that value the interests of token holders usually use part of their income to repurchase tokens on the open market (note: this is fundamentally different from destroying tokens that have no actual value).
Eugene said that currently there are very few project tokens that meet all three criteria, and HYPE is the most prominent example. But it is foreseeable that the next batch of market winners are in the making.