Report: Only 12% of new coin projects launched this year have seen a price increase
A new study by cryptocurrency market maker Keyrock shows that 88% of the tokens airdropped during this year's issuance have seen a price decline, with most plummeting within 15 days. Keyrock stated in the report: Most of the price fluctuations occur in the first few days after the airdrop. Three months later, very few tokens can produce positive results, and only a handful of tokens can go against the trend. Projects with high FDV are usually difficult to maintain momentum because the expected upside becomes limited. In addition, tokens with higher FDV often lack liquidity to support these valuations. Without sufficient liquidity, prices become highly sensitive to selling pressure.
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