Peter Brandt Signals “Altcoin Endgame”: Why Many Tokens Could Become Permanently Worthless

Veteran trader and chartist Peter Brandt has reignited debate across crypto markets with a blunt message: many altcoins may not just crash—they could become permanently worthless. In his latest commentary, Brandt framed altcoins as potential “collateral damage” in the early stages of a broader monetary reset, where trust in traditional money erodes but not every digital asset benefits.
Brandt’s argument is especially striking because it goes beyond the usual “bear market” warning. Instead, he suggests a future where large parts of the altcoin universe effectively die off for good, unable to recover even if the broader crypto market rebounds. In his view, the harsh reality of speculation is that most tokens lack durable value, and only a small number—if any—will remain relevant after repeated boom-and-bust cycles.
This isn’t the first time Brandt has taken a hard stance. In a widely shared remark, he said “99% of crypto coins will end up at ZERO,” describing Bitcoin as the “legacy coin” and the one most likely to survive long-term. More recently, he has also questioned whether an “altcoin season” is inevitable at all—challenging one of the most common expectations among traders.
So why does Brandt believe altcoins face a risk “worse than inflation” in the new financial era? The comparison makes sense when you look at how inflation works: it slowly erodes purchasing power over time. But for many altcoins, the danger is more brutal—liquidity disappears, narratives break, exchanges delist assets, and communities move on, leaving tokens stranded with little real demand.
In practical terms, Brandt’s warning is a reminder that “altcoin risk” isn’t only about volatility. It’s also about survivability: token supply mechanics, weak product-market fit, regulatory uncertainty, and the reality that thousands of projects compete for attention and capital at the same time.
None of this guarantees that every altcoin fails—some networks may still prove useful and resilient. But Brandt’s message is clear: in a reshaped monetary system, the market may not reward everything labeled “crypto.” For investors, that means treating altcoins not as guaranteed future blue chips, but as high-risk instruments that can go to zero—and stay there.