This morning, I took a quick look at all the altcoins on Binance. 1. Most altcoins have plummeted by over 95%. 2. Almost all altcoins are near their all-time lows. 3. Most have market caps below 100 million UUSD, with a concentration between 20-50 million UUSD. 4. Newly listed coins are a bit more expensive, but there are still dozens with 1-2 billion UUSD. 5. Trading volume is pitifully low, with most trading below 100 UUSD daily. 6. Some well-known altcoins like DYM, Pixel, and Portal have plummeted 99% in just one year without a single iota of change. 7. Amazingly, in the blockchain gaming sector, Mana, Sand, Gala, and Axs all have market caps between 400-500 million UUSD, with only GMT dropping below 100 million UUSD. 8. BSC spot memes like CZ Dog and Mub have all plummeted to 20-30 million UUSD, even worse than RATs. 🤣 Conclusion: The past two years have been an incredibly brutal bear market for altcoins. Those who have been insisting on playing the second-level copycat and are still alive and have not retired are all very awesome people who have made great contributions to the takeover business👍