37.8 million crypto tokens now exist. The number has exploded since 2023, driven by pump fun and memecoin factories minting millions of tokens on Solana alone. That total is nearly twice the number of bitcoin that will ever be created.
Here's why Alt Season is never coming back:
CoinGecko actively tracks 18,122 cryptocurrencies. The other 99.95%? Already dead. Zero liquidity. Zero users.
Bitcoin's supply is capped at 21 million. Forever. No one can create more. No one can dilute your share. That number was set in 2009 and hasn't changed.
Every new token splits the same pool of speculative capital into thinner slices. Bitcoin dominance is at 56.9%. One asset, with a fixed supply, holds more value than 37.8 million tokens combined.
There's bitcoin, and then there's everything else.
Here's why Alt Season is never coming back:
CoinGecko actively tracks 18,122 cryptocurrencies. The other 99.95%? Already dead. Zero liquidity. Zero users.
Bitcoin's supply is capped at 21 million. Forever. No one can create more. No one can dilute your share. That number was set in 2009 and hasn't changed.
Every new token splits the same pool of speculative capital into thinner slices. Bitcoin dominance is at 56.9%. One asset, with a fixed supply, holds more value than 37.8 million tokens combined.
There's bitcoin, and then there's everything else.
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