Arthur Hayes: Altcoins Will Not Die, Market Will Keep Shuffling
BlockBeats News, May 5th, Arthur Hayes stated at Consensus 2026 that although "99% of altcoins may go to zero," this phenomenon is similar to the historical turnover of S&P 500 components and does not mean the end of the industry.
Hayes pointed out that around 98% of S&P 500 companies have been eliminated since 1929, and market cleansing is part of a normal cycle. The altcoin ecosystem will continue to exist and evolve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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