Title: Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
Post by: Bitcoin on Jun 17, 2024, 06:27 am
Post by: Bitcoin on Jun 17, 2024, 06:27 am
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their lower barriers to understanding and participation. Tokens with High FDV Face Limited Price Discovery Opportunities […]
Source: Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects (https://news.bitcoin.com/study-crypto-market-participants-favor-meme-coins-shun-high-fdv-projects/)
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their lower barriers to understanding and participation. Tokens with High FDV Face Limited Price Discovery Opportunities […]Source: Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects (https://news.bitcoin.com/study-crypto-market-participants-favor-meme-coins-shun-high-fdv-projects/)