How can you pick out truly valuable altcoins? To be honest, this market is full of hype. Looking around, over 99% of crypto projects on the market are basically shells—no revenue, no users, no real value support, and are complete zombie projects. But there is an interesting contrast here.

Even in a bear market, more than 50 high-quality projects generate over one million dollars in monthly revenue. What does this indicate? It shows that projects capable of generating sustained cash flow do exist, and the key is knowing how to find them.

Recently, I compiled a market revenue ranking data, and the top ten projects reveal clear patterns. Stablecoins, exchanges, and L1 public chains are the backbone of high-quality altcoins.

For example, TRX (Tron), as a mature L1 network, has a complete ecosystem and real trading activity. ENA (Ethena) is a new force in the stablecoin sector, quickly gaining recognition through innovative mechanisms. The SKY project demonstrates sustained revenue in its niche.

Why do these three directions stand out? Because they share common features—they have practical application scenarios and generate real transaction fees or profits. Unlike projects based purely on concepts, these projects have real money flowing behind them.

The first step in filtering high-quality altcoins is to see whether the project can generate revenue. Are there real users using it? Is there ongoing trading activity? If a project can't do these two things, it’s probably a zombie project, no matter how fancy the story.

So, the logic of investing in altcoins isn't complicated—stay away from projects with no revenue and no users, and focus on those with real business cash flow. Currently, stablecoins, exchanges, and L1 sectors remain the most reliable choices.