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```htmlJinse Finance reported that on June 17, CryptoQuant founder and CEO Ki Young Ju posted on the X platform, stating that altcoins have not disappeared. Altcoins that rely solely on narrative hype will be eliminated. The era of simply issuing tokens to make money has ended. Here's my personal opinion on the types of altcoins that can still survive: narrative remains important, but relying on narrative alone is no longer enough. Some altcoins are still worth holding for the long term, provided that the project has real business operations, actual revenue, and aligns with global mainstream financial development trends.In my view, altcoins with long-term value fall into three categories:1. Global internet platforms with tokenized market layers;2. Decentralized financial service projects with real revenue;3. Sector projects that align with mainstream financial development trends.```

According to The Korea Times, South Korea's retail cryptocurrency trading volume in the first quarter of this year was 6.9 billion US dollars, down 28% year-on-year, marking the largest decline among major global markets. During the same period, the US trading volume was 21.2 billion US dollars, Russia's was 4.8 billion US dollars, India's was 4.6 billion US dollars, and Turkey's was 4 billion US dollars.

BlockBeats News, June 17th, according to Bitget market data, the Nikkei 225 Index opened today with a decrease of 381.75 points, down 0.55%, at 69,022.75 points. The South Korean KOSPI Index opened with a decline of 106.53 points, down 1.22%, at 8,620.07 points, with Samsung Electronics dropping by 3%.