5 years ago most of the money was flowing into a handful of major projects like Bitcoin, Ethereum, and a few top altcoins. Now, with thousands of tokens out there—many of them being low-quality or outright scams—the liquidity is spread thin, and it’s harder for new projects to gain traction.

It’s the classic case of oversaturation. More supply, but not necessarily more value. Do you think we’ll see a consolidation phase where only the strongest survive, or is the trend just going to keep getting worse?