1confirmation founder: The era of easy money in the crypto market is over, only BTC and ETH have credible neutrality

1confirmation founder Nick Tomaino posted on the X platform that the total market capitalization of cryptocurrencies is currently $3.1 trillion (a 14% decline over the past year), but back in 2009, this number was 0. For the crypto industry, 2025 signifies the end of an era of easy profits: venture capital has raised the stakes, Meme coins and DAT have declared failure. However, last year marked the first time in the history of the cryptocurrency industry that products not reliant on token speculation outperformed others, such as Polymarket and stablecoins. In the future, to achieve excess returns, it will be necessary to develop and utilize such products.

There are three constants in the crypto industry: 1. One must see through the nature of fraudsters; 2. The decline in institutional trust and the increasingly important macro trend of the internet are real, and there are investment opportunities in credible neutral currencies; 3. Only two cryptocurrencies have credible neutrality: Bitcoin (BTC) and Ethereum (ETH).