The crypto world is feeling the heat right now, with prices tumbling and many wondering if this is the end for altcoins—those alternative cryptocurrencies beyond Bitcoin. But according to a recent thread from DeFi expert Ignas (@DefiIgnas on X), it's far from over. In fact, this market reset could be setting the stage for some incredible opportunities, especially in the meme token space where hype meets real potential.

Ignas kicks things off by acknowledging the pain: "It’s not over. I mean, yeah, it’s over for many overvalued alts with no value accrual or revenue share." Value accrual here means how a token captures and distributes real economic value back to holders, like through fees or staking rewards. Many altcoins, including a slew of meme tokens, were pumped up this cycle on pure speculation—think tokens minted endlessly without solid fundamentals. The market simply couldn't handle thousands of these "printed out of thin air" assets at sky-high valuations.

This washout, as Ignas calls it, is essentially a cleanse. Weak projects with no real utility or community backing are getting wiped out, and many won't bounce back. If you've been holding meme tokens purely for the laughs or quick flips without deep conviction, yeah, it stings. But for those parked in stablecoins (like USDT or USDC, which hold steady value) or Bitcoin, this is prime time to observe.

The key advice? "Keep watching which alts that recover the fastest after each dip." In the volatile world of crypto, resilience during downturns often signals strength. Meme tokens like Dogecoin or newer ones with strong narratives and active communities have shown this before—they dip hard but snap back when sentiment shifts. Ignas warns the crash could drag on for months, but once it bottoms out, the survivors could deliver "real 100x upside." That's investor speak for potential returns of 100 times your investment, turning $1,000 into $100,000 if things align.

Tying this to meme tokens specifically, we've seen cycles where memes thrive on cultural vibes and viral moments. But in this reset, only those with genuine engagement—maybe tied to DeFi mechanics, NFT integrations, or real-world utility—will stand out. Projects that share revenue with holders or build sustainable ecosystems are the ones to watch. For blockchain practitioners, this is a reminder to dig into tokenomics (the economic model of a token) and community metrics before jumping in.

Replies to the thread echo this sentiment. One user notes, "this is the filtration phase not the funeral," highlighting how crashes separate the wheat from the chaff. Another quips about Solana's dip but Ignas puts it on his watchlist, showing even major chains aren't immune but could rebound strong.

At Meme Insider, we're all about helping you navigate these ups and downs. This reset isn't doom—it's evolution. Stay tuned for more breakdowns on promising meme tokens that could lead the charge. If you're building in blockchain, use this time to level up your knowledge base and spot those gems early.