⚠️The awakening of leeks, according to Kucoin research, shows that crypto market participants favor Meme coins and avoid high FDV projects
Crypto market participants are increasingly turning their attention to role or celebrity Meme tokens with "relatively unknown low-market-cap assets". This shift stems from investors' frustration with projects with high fully diluted value (FDV) and low initial circulation market value. Some investors are avoiding tokens with high FDV because they provide limited price discovery opportunities for retail investors, making wealth creation challenging. To illustrate the change in investor behavior, the report highlights the trend of Notcoin, where 100% of the tokens were in circulation when #notcoin was launched. The report also claims that compared with other gamefi or move-to-earn projects, tap-to-earn projects have "significantly higher overall participation data" due to the lower threshold for understanding and participation. In addition, TON technology is said to have a high-performance and scalable architecture, which will provide strong support for Notcoin and ensure the smoothness of the game. Notcoin's integration with Telegram also helps to significantly reduce the former's customer acquisition costs while rapidly expanding its user community. #FDV #3friends