Crypto analyst Miles Deutscher tweeted that there are currently approximately 37 million tokens in the crypto market, of which 99.9% belong to "air projects". He believes that less than 100 projects meet the following criteria: having an experienced team, holding a long-term bullish attitude towards their own tokens (net buying more than net selling), having a clear business model and roadmap for achieving sustainable profits, finding real product market fit points or clear paths, being able to deliver continuously regardless of market conditions, having real competitive barriers, and being consistent with macro trends such as AI, RWA, stablecoins, etc. He emphasized that the task of investors is to find these long-term potential agreements among numerous projects and make long-term bets.
