Bankless Co-Founder David Hoffman Flags 300% QTC Surge Among “Bitcoin Clones”
Key Takeaways
- •David Hoffman, co-founder of Bankless, flagged PRL and QTC as altcoins reflecting a renewed wave of interest in fixed-supply tokens.
- •QTC attracted particular attention after posting a 300% surge.
- •Hoffman labeled the pattern 'Bitcoin clones,' referring to tokens that mirror Bitcoin's fixed 21-million-coin supply model.
- •The fixed-supply design embeds scarcity into the protocol rather than relying on discretionary issuance.
- •Hoffman's association with Ethereum, a network without a hard supply cap, makes his attention to Bitcoin-style scarcity a notable cross-ecosystem data point.
David Hoffman, co-founder of Bankless and for years one of Ethereum's most prominent advocates, used a post published on Friday, October 23, 2026, to flag two altcoins he reads as part of a fresh wave of interest in fixed-supply tokens. The tokens in question are PRL and QTC, with QTC standing out after a 300% surge. Hoffman's label for the pattern is “Bitcoin clones,” according to the report.
The framing points at the trait that made Bitcoin the template for hard-capped monetary design: its supply is fixed at 21 million coins, so scarcity is written into the protocol rather than left to discretionary issuance. Tokens grouped under the “Bitcoin clone” label are, in Hoffman's reading, drawing attention by echoing that fixed-supply model — the same property the report identifies as the thread linking PRL and QTC.
The observation carries added weight because of the source. Hoffman is known to most readers through Ethereum, a network whose issuance is not hard-capped the way Bitcoin's 21-million supply is, so his attention to tokens built around Bitcoin-style scarcity offers a cross-ecosystem data point. The concrete anchors of the story remain the two-token list and the 300% QTC figure cited in the report, and the source post is the primary record for readers tracking the claim as it stands.
This article was first published on COINOTAG.
