Internet reports that on April 23, BitMEX founder Arthur Hayes issued a document saying that once Bitcoin breaks through the all-time high of US$110,000, it is likely to soar and further consolidate its dominant position. Bitcoin may stop at the $200,000 mark, and then funds will start to rotate from Bitcoin to altcoins. The best-performing altcoins will be those that can both earn profits and return the profits to the pledgers. There are only a handful of such projects.