Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects

[Bitcoin]

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