Kevin O'Leary: Altcoins Are Dead — 'All You Need Is BTC and ETH'
Speaking publicly on Dec. 2, 2025, investor and TV personality Kevin O'Leary delivered a stark assessment of the digital-asset market: "All you need is BTC and ETH." O'Leary, widely known as Mr. Wonderful, said that most other tokens no longer offer meaningful upside and amount to market noise, a view that trims the investable landscape to what he sees as two durable sources of alpha.
The comment matters because high-profile endorsements and critiques can influence capital flows and sentiment. If more investors adopt O'Leary's framing, portfolios and trading strategies may further concentrate on bitcoin and ethereum (ETH), compressing liquidity and attention for smaller projects. For traders and holders, his stance is a reminder to reassess risk, focus, and where they expect long-term value to emerge in crypto.