Seen in every cycle, 99.99% of the cryptocurrencies will fail.

The reasons are simple and yet not obvious to many people:

- most of them are VC pump and dumps: in order to cash out, VCs need to pump the coin price to increase the liquidity, they bought in cheap and dump on retail like us

- now too many coins are about AI but literally have nothing to do with AI at all

- utility coins aren't really utility, in order to use their services, they don't charge you with US Dollar, but do need to pay them in their token. Nothing else.

- crypto with fancy name but nothing behind it

- xyz L2 coin...if the L2 works, why need a coin for it?! It doesn't need a coin to function, it's just to raise money, let retail buy and dump on them

- let the CEOs or devs tweet useless posts like "Nike!" to pump projects

- "fake" partnerships like for example:

"We're partnering with Amazon"...in translated terms it just means "We're using AWS."

"We're partnering with Microsoft" = "We were using Windows PCs to create this coin"

99.99% of the whole cryptocurrency is just a big joke, just a meme. You can literally just invest in memecoins and outperform "real" cryptocurrencies. There are just a bunch of cryptos which moves the space forward and are groundbreaking, but the most difficult is to pick this winning 0.01% crypto. Good luck.

Outro: I am not saying that you cannot make profit in crypto. You actually can make a lot of money, but all I am saying (in a little bit overexaggerating way) is that you invest in memes because most of cryptos are literally memes without real value.