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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 “...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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