
Jakarta, Pintu News – December has been a tumultuous month for the crypto market. While many strong projects experienced declines due to broader macro pressures, some altcoins exhibited deeper structural issues that indicate a long-term decline rather than temporary weakness.
Analysts from AltcoinBuzz highlighted two tokens that continue to show declining user activity, weak use cases, regulatory issues, and worrisome token economics.

Internet Computer was launched in May 2021 with a grand vision: creating a decentralized version of the internet where applications, smart contracts, and data can run entirely on the blockchain. Initially, the idea sounded revolutionary, but the enthusiasm was short-lived.
After its launch, the value of the ICP token plummeted by almost 80% in six weeks. Many investors believed that insiders were selling their assets early, and although a lawsuit regarding these claims has been rejected, confidence in the project has never recovered. Currently, ICP is almost 99% below its all-time high.
Also read: Bitcoin (BTC) Decline Prediction by Peter Schiff: Will December Be Gloomy?

Worldcoin, backed by Sam Altman of OpenAI, aims to build a global digital identity system using iris scanner Orbs. In exchange for having their eyes scanned, users receive WLD tokens. However, instead of global acceptance, the project has faced global rejection.
Countries such as Spain, Germany, Kenya, Portugal, Brazil, Hong Kong, Indonesia, and South Korea have banned or restricted Worldcoin due to privacy and ethical concerns. Another drawback is the long token opening schedule. With only 23% of the supply in circulation and openings continuing until 2038, continuous new supply could depress the price for years.
Looking at the two cases above, investors should be cautious and consider more deeply before investing in altcoins such as Internet Computer and Worldcoin. Both of these projects are showing signs of decline that are not only temporary but may also be permanent due to the structural issues they face.
Internet Computer is a blockchain project that aims to create a decentralized version of the internet, where applications, smart contracts, and data can run entirely on the blockchain.
The value of ICP plummeted by almost 80% in the six weeks after its launch as many investors believed that insiders were selling their assets early, which lowered confidence in the project.
Worldcoin aims to establish a global digital identity system by using iris-scanning Orbs, where users receive WLD tokens in exchange for having their eyes scanned.
Countries like Spain, Germany, and others have banned or restricted Worldcoin due to privacy and ethical concerns raised by the iris scanning technology used.
The long token opening schedule, which continues until 2038, could potentially depress the price of Worldcoin as continuous new supply could flood the market.
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