"A lot of the projects that have done the best [in 2024] have been meme token projects," EARN'M co-founder Dan Novaes told Cointelegraph.
2025 will be a year of crypto projects and tokens merging to maximize product-market fit, according to Dan Novaes, co-founder of EARN'M — a loyalty platform that rewards users for screen time on their mobile devices.
In an interview with Cointelegraph, the executive said the crypto space is extremely overcrowded and plagued by over-tokenization, disproportionately affecting utility-based altcoin projects.
"Altcoins have generally been the worst performing sector of the newly launched coins," Novaes added, as the speculative premium once enjoyed by altcoins is snatched away by memecoins and other hot narratives.
