Veteran crypto analyst Trader Mayne argues Bitcoin (CRYPTO: BTC) is the only crypto asset worth holding long term, warning that roughly 99% of altcoins are structurally built to transfer wealth from retail investors to insiders.
From so-called blue chips to meme coins, Mayne says most are mathematically destined to bleed toward zero against Bitcoin over time.
The ‘Pump.fun’ Lottery's 99.6% Fail Rate
Mayne highlighted the harsh odds in the current meme coin cycle, pointing to Solana (CRYPTO: SOL)-based launchpad Pump.fun.
Data shows a 99.6% failure rate, with just 0.4% of wallets making over $10,000 and only 296 wallets reaching millionaire status. Mayne added, "The vast majority of people who make money, are the people launching the coins, the devs, and the insiders."
Altcoins Bleed While Bitcoin Dominates
Historical data shows even established altcoins consistently underperform Bitcoin over full market cycles.
Litecoin (CRYPTO: LTC) is down nearly 99% versus BTC over the past decade, Cardano (CRYPTO: ADA) has lost 97% against BTC in seven years, and despite recent hype, Solana is down ~50% versus BTC since January 2022 and ~70% from its BTC-denominated peak.
Why Bitcoin Stands Apart
Mayne says Bitcoin's fixed supply, fair launch, and decentralization make it unique, while altcoins face constant dilution from VC unlocks and structural risk.
His advice to retail investors is straightforward: stop trading Bitcoin like an altcoin.
Instead, dollar-cost average (DCA) into BTC long term, and buy aggressively during 30%–50% bull-market pullbacks to steadily increase BTC exposure as fiat currencies debase.
Image: Shutterstock
