DeFi Researcher Ignas: Fewer Than 20 Crypto Tokens Have Real Revenue Support

DeFi researcher Ignas said too few crypto tokens have strong revenue backing, with only about 20 projects generating over $50,000 in daily holder income. Factoring in valuation, unlocks, and revenue sustainability narrows the list further; some tokens have unfavorable market-cap-to-FDV ratios, making them better suited to trading than long-term holding. Ignas said most token investing still runs on narrative and sentiment, and hopes more revenue-generating projects launch token generation events.