Altcoins are crowded at the top.
By Maxime Laurent · 2026-01-29 08:33
Altcoins are crowded at the top.
82% of total altcoin market cap now sits in just the top 10 projects.
This stat says a lot about the current phase of the market. Liquidity isn’t flowing evenly — it’s clustering. Big names get deeper books, tighter spreads, more trust. Everything else survives on bursts of attention.
For smaller tokens, this means one thing: volatility without durability. Quick pumps, fast fades. A tweet, a listing rumor, a narrative spark — then silence. Liquidity visits, but it doesn’t stay.
I don’t see this as unhealthy. It’s selective. After years of overproduction, capital is finally acting picky. Size, track record, resilience — those things matter again.
Altseason fantasies usually die here. Real cycles begin here. When liquidity is concentrated, patience becomes the edge. Chasing every micro-cap wave feels exciting… until it doesn’t.
This market isn’t about breadth right now. It’s about gravity. Et la gravité gagne toujours.
#altcoins #crypto #liquidity #marketstructure #BTC #ETH #CryptoFriture
82% of total altcoin market cap now sits in just the top 10 projects.
This stat says a lot about the current phase of the market. Liquidity isn’t flowing evenly — it’s clustering. Big names get deeper books, tighter spreads, more trust. Everything else survives on bursts of attention.
For smaller tokens, this means one thing: volatility without durability. Quick pumps, fast fades. A tweet, a listing rumor, a narrative spark — then silence. Liquidity visits, but it doesn’t stay.
I don’t see this as unhealthy. It’s selective. After years of overproduction, capital is finally acting picky. Size, track record, resilience — those things matter again.
Altseason fantasies usually die here. Real cycles begin here. When liquidity is concentrated, patience becomes the edge. Chasing every micro-cap wave feels exciting… until it doesn’t.
This market isn’t about breadth right now. It’s about gravity. Et la gravité gagne toujours.
#altcoins #crypto #liquidity #marketstructure #BTC #ETH #CryptoFriture
Disclaimer: This content is for informational purposes only and not financial advice.