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Crypto trader and technical analyst Eric Crown said on a BeInCrypto podcast that more than 99.9% of altcoins will ultimately become worthless and that Crown currently holds no altcoins.
Crown added most altcoins eventually trend toward zero and, based on multiple market cycles, the odds of failing by investing in altcoins are close to 99.999%. Crown also said Crown does not trust Bitcoin dominance, or Bitcoin’s share of total crypto market capitalization, a metric often used to gauge altcoin season. From 2022 to 2025, Bitcoin dominance kept rising, yet meme coins and AI-themed tokens often posted sharp gains during that period, Crown said, adding Crown finds it hard to understand why the market is overly fixated on the indicator.
Crown said altcoins should be evaluated both by their U.S. dollar price and by their price against BTC, adding HYPE was a representative example of an altcoin that meets those standards and shows genuine upside.