I know, I know. Unless you’ve been living under a rock, you’re likely still reeling from the NFT carnage. We all remember the headlines – musicians being bankrupted, digital art collections going to zero. Jonathan Mann’s tale, losing $3 million in NFT profits to taxes and market collapses, resonates deeply. We could easily chalk up the whole crypto space as a Ponzi scheme after that. Don't. That’s just what they want you to believe.

Here's the uncomfortable truth: the NFT crash wasn't some random act of God. It was a necessary correction. It wasn’t the market crashing; it was the market finally coming to the conclusion that pictures of monkeys, no matter how “rare,” don’t do anything. That's where the real opportunity lies now: in projects that solve problems, build infrastructure, and offer tangible utility. Imagine the dot-com bubble popping – and then some. Amazon survived. Pets.com didn't. Same principle.

The market is shifting. Forget the meme coins and the get-rich-quick schemes. Investors are beginning to understand that long-term success in crypto will be about building solutions that people actually need. They’re starting to realize this important reality. This is where altcoins come in.

Altcoins: Hype or Hidden Gems?

99% of altcoins are still garbage. They’re copycats, scams, or just bad ideas. You’d be throwing dollar bills out the window if you just indiscriminately invest in every shiny new token that gets launched. That's why I've been digging deep, looking for the exceptions – the projects that are actually trying to build something meaningful.

Some I’ve identified that so far I’m optimistic about. Remember: this is not financial advice. Again, this is just my opinion, based on my research. Do your own damn homework (DYOR).

Here are three altcoins that offer a glimmer of hope for a crypto comeback:

The NFT crash was a wake-up call. It laid bare the folly of the “get rich quick” attitude that pervaded crypto’s early years. Yet that simultaneously opened up a chance to create something better.

  • Snorter Token ($SNORT): This isn't about getting high, I promise. This project is focused on building decentralized social networks. Think Twitter, but without the censorship and with built-in monetization for creators. The idea is to give power back to the users.
  • Bitcoin Hyper ($HYPER): This is a layer-2 scaling solution for Bitcoin. It aims to make Bitcoin transactions faster and cheaper, which is crucial for its wider adoption as a payment method.
  • Fluxbot ($FLUXB): Fluxbot is focused on decentralized AI and machine learning. It's creating a platform where developers can build and deploy AI models without relying on centralized cloud providers. This is huge for data privacy and security.

The Unexpected Connection? Think about the music industry. Then for decades, record labels took advantage of artists. Then the internet arrived, ostensibly to democratize the distribution of music. Instead, platforms like Spotify became the new gatekeepers. Decentralized social media has arrived, and it’s being powered by new tokens such as $SNORT. Today, artists can more easily engage directly with fans as they’ve always dreamed.

AltcoinFocus AreaPotential UtilityRisk Level (High, Med, Low)
Snorter TokenDecentralized Social MediaEmpowering creators, censorship resistance, community-driven contentMedium
Bitcoin HyperBitcoin ScalingFaster, cheaper Bitcoin transactions, wider Bitcoin adoptionMedium
FluxbotDecentralized AIData privacy, secure AI development, democratized access to AI resourcesHigh

Your Crypto Comeback Plan Starts Now

The crypto market remains a wild west full of scams and risks. There are no guarantees of success. Like many of you, I know that the future of crypto isn’t in creating more shiny assets—it’s creating real utility and empowering real folks. If you study the market and proceed carefully, you can make the NFT bust a smart, profitable investment. Take accountability with your investment philosophy — and you could be more crypto catch-up than crypto crash!

Just maybe Jonathan Mann can start getting his due after all.

  1. Acknowledge The Pain: Don't brush off your losses. Learn from them. What mistakes did you make? What red flags did you ignore?
  2. Educate Yourself: Stop relying on hype and start doing your own research. Read whitepapers. Analyze tokenomics. Understand the underlying technology.
  3. Think Long-Term: Forget about overnight riches. Focus on projects with real utility and the potential for long-term growth.
  4. Diversify (Responsibly): Don't put all your eggs in one basket. Spread your investments across different asset classes.
  5. Only Invest What You Can Afford to Lose: This is the golden rule of crypto investing. If you can't sleep at night because you're worried about your investment, you've invested too much.

The Unexpected Connection? Think about the music industry. For years, artists were exploited by record labels. Then came the internet, promising to democratize music distribution. But platforms like Spotify ended up becoming the new gatekeepers. Decentralized social media, powered by tokens like $SNORT, could finally give artists the direct connection to their fans they've always craved.

The Bottom Line

The crypto market is still volatile and risky. There are no guarantees of success. But I believe that the future of crypto lies in building real utility and empowering real people. If you're willing to do your homework and approach investing with caution and responsibility, you might just be able to turn the NFT crash into a crypto comeback.

And who knows, maybe Jonathan Mann can finally get his fair share.