Fake coins are about to die. During the Chinese New Year gathering in a small circle, chatting with a few old leeks, the brothers flipped through the coins in their self selected list, and found that no less than two digits had returned to zero within six months. Once a hundred fold narrative, now it sounds like a joke. So, stock tokenization will be the last straw to destroy altcoins. Compared to altcoins, the key is that this thing is not air. Ondo is matched by real securities firms, and the tokens issued on the chain are anchored to the Nasdaq stock. To put it simply, the token you bought on Binance can really correspond to the equity of that company in reality. In the bull market of 22021, the stories of "agreement income", "community consensus", and "hundred times expectations" that used to exist in the industry are basically unbearable. Liquidity has dried up, regulation has tightened, and project parties are running faster than individual investors. Everyone's pockets are so small that they dare not bet on another 'golden dog'. The cryptocurrency industry tends to have high volatility, but in fact, the volatility of the US stock market is no less than that of the cryptocurrency industry. Nvidia can increase its market value by one BNB in a day. But it has a bottom, assets are there, and it won't wake up the next day. The project team will withdraw the pool. So Binance is quite clever in this move. 3. Ultimately, an exchange is a trading venue that doesn't care whether you're trading in cryptocurrency or stocks. It only cares about trading volume. Now, users can enjoy the excitement brought by the volatility of the US stock market without having to stare at the "can still take" messages in the group every day. As for those altcoins that have no fundamental basis and only have group members shouting orders I really feel that the funeral bell has already sounded. When the largest exchanges start to put real assets on the chain, and when Wall Street stocks are traded directly in cryptocurrency accounts, who is willing to hold onto a code and wait for it to go to zero? Air coins will eventually return to the air.