PANews
PANews|Sep 28, 2026 16:09
[DeFi Researcher Ignas: There Are Fewer Than 20 High-Quality Tokens in the Crypto Market with Genuine Revenue Support] DeFi researcher Ignas stated in a post that there are currently too few high-quality tokens in the crypto market with strong revenue support. Only about 20 projects have token holders earning daily revenues exceeding $50,000. Ignas noted that after further considering valuation, token unlock schedules, and revenue sustainability, the pool of viable options becomes even smaller. Some tokens may appear attractive, but their market cap to fully diluted valuation (MC/FDV) ratio is not ideal. As a result, one must bet on the growth in demand outpacing the supply increase caused by token unlocks, making some tokens more suitable for trading rather than long-term holding. Ignas believes that for most tokens, investors are still trading on narratives and market sentiment, relying on the hope that project teams can deliver on their promises. With the recent dissolution of several DAOs, the so-called 'decentralized' accountability mechanisms also appear insufficient.
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