Bitwise CIO: 'Zombie altcoins' will vanish, NEAR is the exception
- —Hougan says the market bottomed in June and a new long-term bull cycle has begun
- —Performance gap between best and worst top-20 assets over 30 days is about 130%
- —NEAR cited for its Intents infrastructure, revenue growth and AI products
- —Bitwise recently launched a US exchange-traded product giving direct NEAR exposure
Why it matters: It signals a shift in market logic: capital is likely to favor projects with real revenue rather than broad beta.
Source: Bitcoin Sistemi