According to Camilla McFarland, only 6 of the top 100 cryptocurrency tokens by market capitalization are backed by venture capital firms, highlighting a significant trend where decentralized projects dominate the market. This data suggests that most leading tokens have achieved major adoption and liquidity without traditional VC funding, which can influence trading strategies by shifting focus toward organically grown assets. Traders may want to prioritize thorough due diligence on token ecosystems, as VC backing is not a primary indicator of success among the current market leaders (source: Camilla McFarland on Twitter, May 18, 2025).