Benjamin Cowen: True bull market requires elimination of junk coins

For the cryptocurrency market to enter a genuine bull run, the majority of junk coins must be purged, according to Benjamin Cowen, founder of Into The Cryptoverse. In comments reported by YouToday, Cowen argued that thousands of existing cryptocurrencies rely solely on speculative momentum with no real demand or utility, a structural weakness that is inevitably exposed in an environment of shrinking liquidity. He described the failure of unsound projects during a bear market as an essential process for normalizing capital allocation. Cowen also cautioned against the optimism of some influencers predicting an altcoin season, calling such views dangerous without fundamental improvements to market structure. He emphasized that capital can only concentrate on high-quality assets once worthless ones are removed, a process he believes will ultimately revitalize the industry.