This cycle has changed for a numerous amount of reasons.

But one of them is token dilution.

But contrary to what many believe, it might not be as big of a problem as you might think.

Sure, we might have                                                                          

1000-2000 tokens every day created out of thin air.

But 99% of of those are brainless tokens that don't even make it to crypto twitter and don't even see a single buy order.

There is that 1% that does make it to the market but doesn't live long.

While that looks like a problem, the only thing what it will truly do long term for the market is that money will flow very selectively.

Gone are the days that everything will pump yes.

Even in a full blown altseason. That for a fact has changed.

But the quality in a sea of rubble will still attract most of it.

Whether the pile of rubble is 5000 tokens with 10 gems in it OR the pile of rubble is 30,000 tokens with 10 gems in it?

The majority of money will still sit in those 10 gems.

As the market matures ofcourse.

When the market moves in a boring phase as today, it does pull away some liquidity because the entire market IS playing in that pile of rubble today.

But that won't last forever.

Summary:

I don't think the problem is as big as we think once the market matures.

It's the same with the stock market.

How many companies does the world currently have?

How many penny stocks are there and how many new players enter the market?

Yet Google, Amazon, Netflix, Nvidia, Microsoft, Samsung and 100s of other blue chips still thrive way above their all-time highs.

Just gotta be more selective that's all.