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Miles Deutscher: Only a few projects have long-term investment value
Odaily News Encryption analyst @MilesDeutscher stated that there are currently 37 million encryption tokens in the market, of which 99.9% are "air projects." He believes that there may be less than 100 projects that truly have long-term investment value, and these projects typically possess the following characteristics: 1: Led by an experienced team 2: The project party is optimistic about the long-term prospects of the Token and is a net buyer. 3: Have a clear business model and a roadmap for achieving sustainable profitability. 4: Product-Market Fit (PMF) has been achieved or there is a clear path to achieve it. 5: Continuously iterate products without being affected by market conditions. 6: Have a technological or network moat 7: Align with macro trends such as AI, RWA, and stablecoins He pointed out that the key task for investors is to identify these high-quality protocols among numerous projects and make long-term bets.