📘 The problem of new altcoins Friends, hello everyone. Rec

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📘 The problem of new altcoins Friends, hello everyone. Recently I found an interesting table, in which they collected statistics of 31 tokens released on the exchange on Binance for the last half a year and only 5 of these tokens showed growth from the listing price. 🔎 Yes, the correction, which came to us unexpectedly, played a big factor, but still it was not only the correction that was the main factor for such a big drop in the prices of new altcoins: One factor is Low Float, High FDV This means that projects come out with low token circulation to the market (up to 10-15%) and because of that it is easy for them to pummel the FDV valuation above reasonable limits. FDV is the total value of the project if all tokens were in circulation. 🔓 A very vivid example is the token $WLD, the World Coin project. Only 1% of tokens are in the market right now and for the same reason in an upward market, it was valued at 110 billion FDV in March this year. These are some cosmic values, even the top 3 and top 4 coins: Solana or BNB don't have such valuations. The big problem for retail players is that all this upside is being taken away at the private equity level from funds. Because the private equity market doesn't work quite fair.... ❕ Continued in the next post. like en proscribe for early release of next post. #EarnFreeCrypto2024 #tonecoin #wifhatdog

📘 The problem of new altcoins
Friends, hello everyone. Recently I found an interesting table, in which they collected statistics of 31 tokens released on the exchange on Binance for the last half a year and only 5 of these tokens showed growth from the listing price.
🔎 Yes, the correction, which came to us unexpectedly, played a big factor, but still it was not only the correction that was the main factor for such a big drop in the prices of new altcoins:
One factor is Low Float, High FDV
This means that projects come out with low token circulation to the market (up to 10-15%) and because of that it is easy for them to pummel the FDV valuation above reasonable limits.
FDV is the total value of the project if all tokens were in circulation.
 🔓 A very vivid example is the token $WLD, the World Coin project. Only 1% of tokens are in the market right now and for the same reason in an upward market, it was valued at 110 billion FDV in March this year.
These are some cosmic values, even the top 3 and top 4 coins: Solana or BNB don't have such valuations.
The big problem for retail players is that all this upside is being taken away at the private equity level from funds. Because the private equity market doesn't work quite fair....
 ❕ Continued in the next post. like en proscribe for early release of next post.
#EarnFreeCrypto2024  #tonecoin #wifhatdog 