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

Started by Bitcoin, Jun 17, 2024, 06:27 am

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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