Millions of Tokens, But Less Capital to Support Them
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The altcoin market cap has plunged, while the altseason indicator says crypto markets are still dominated by Bitcoin. Source: CoinMarketCapThe crypto ecosystem now has over 37 million tokens, but the available capital isn’t growing fast enough to support them all.
Market experts warn that many smaller tokens could increasingly behave like high-risk venture bets or speculative trades, rather than long-term investments.
Meanwhile, the altcoin market cap has fallen sharply since the 2025 crash, while **Bitcoin continues to dominate the market narrative.