Eric Crown claims 99.9% of altcoins are worthless, questions BTC dominance

Crypto trader Eric Crown stated on a BeInCrypto podcast that over 99.9% of altcoins will ultimately become worthless, and he currently holds no altcoins. He noted that most altcoins trend toward zero, with a failure rate of nearly 99.999% based on multiple market cycles. Crown expressed skepticism about Bitcoin dominance, which measures Bitcoin's share of total crypto market capitalization, often used to assess altcoin seasons. He pointed out that from 2022 to 2025, Bitcoin dominance increased, yet meme coins and AI-themed tokens experienced significant gains during that time. Crown finds it difficult to understand the market's fixation on this indicator. He emphasized that altcoins should be evaluated by both their U.S. dollar price and their price against Bitcoin, citing HYPE as an example of an altcoin that meets these criteria and shows potential.

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