Solana Memecoins Contribute to Market Dilution, Says Crypto Analyst Miles Deutscher

Miles Deutscher, a notable analyst in the cryptocurrency sector, recently highlighted what he perceives as a crucial issue within the altcoin market. The rapid surge in new crypto token launches is seen as a primary factor behind the lackluster performance of altcoins. Deutscher’s critique focuses on the overproduction of tokens and its resulting market oversaturation.

Source: CoinOtag