Most New Ethereum Tokens Appear to Be Pump and Dumps—But There's Good News
The potentially scammy tokens only represented 1.3% of DEX volume in 2023, suggesting only a small number of traders fall for them, according to a Chainalysis report.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
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