Assume there is $1 trillion of available investment capital in crypto. This figure isn't meant to be accurate. It is simply a thought experiment.
Now assume there are 10 cryptocurrencies.
That would be $100 billion that could be invested into each one (assuming an equal share).
Pumpfun alone has generated well over 12 million tokens since its launch.
Equally distributing $1T of investment capital across just those 12 million tokens is ($1 trillion / 12 million tokens) = $83,333 per token.
And that's JUST the pumpfun tokens. That doesn't even include all of the countless Ethereum tokens there are.
What is the point?
There are way too many cryptocurrencies.