Miles Deutscher: Only a few projects have long-term investment value

Odaily Planet Daily News Crypto analyst @MilesDeutscher wrote that there are currently 37 million crypto tokens on the market, of which 99.9% are "air projects". He believes that there may be less than 100 projects with real long-term investment value, and these projects usually have the following characteristics: 1: Led by an experienced team 2: The project party is optimistic about the token in the long term and is a net buyer 3: Have a clear business model and a roadmap to achieve sustainable profitability 4: Have achieved or have a clear path to achieve product market fit (PMF) 5: Continuously iterate products without being affected by market conditions 6: Have a technical or network moat 7: Follow macro trends such as AI, RWA, and stablecoins He pointed out that the key task for investors is to identify these high-quality protocols among many projects and make long-term bets.