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Many people say that in the end, only a few main cryptocurrencies like BTC, ETH, and SOL will remain, and everything else will go to zero.
But if you think carefully, without projects like DEXs on these public chains, what’s the point of the chains themselves? Just for transfers?
So, are DEXs like Uni, Aave, and others also valuable? If these DEXs are reasonable to exist, then shouldn’t various tokens also be traded on DEXs? Otherwise, what’s the point of DEXs?
Then, shouldn’t meme tokens or a small number of project tokens also exist?
Thinking about it later, I realize that their existence is actually reasonable. There’s no saying only a few mainstream coins will remain; it’s just that the market will sift out the less valuable ones.