Research arm KuCoin released a report on cryptocurrency performance in May, noting $1 billion in new investments - down slightly from April. The report highlights that institutional investors preferred Ethereum and EVM-focused platforms during this period. 📊

In one month alone, the crypto world saw the public disclosure of around 156 investments. The total amount invested in these 156 projects amounts to approximately $1.02 billion. The May investment figure was $70 million less than the previous month, representing a 6.4% decline from April's $1.09 billion. However, overall, the latest figures show a 10.61% increase from May 2023, which saw $905 million in disclosed investments.

More than 50% of projects received funding between $1 million and $10 million. Ethereum, EVM chain, and L2 networks such as Arbitrum and Polygon are most preferred by institutional investors. Among non-EVM chains, Solana leads in institutional investment, followed by Bitcoin, Fantom, and TON.

China's large institutions remain very active, investing in new technologies and public chain networks. For example, Animoca participated in about 15 deals, while OKEx invested in 11 projects. Others like Cogitent Ventures, SNZ Holdings, DWF Labs, Polygon Ventures, MH Ventures, Haun Ventures, Waterdrip Capital, and GBV Capital are also in the top 10.

According to the report, investors are shifting their focus to meme tokens, celebrity tokens, new narratives and low market cap assets. Tokens launched with extreme valuations and limited supply have investors looking for alternative investment options. Notcoin emerged as a major beneficiary of this shift in investor preferences.

What do you think about this investment trend? Come on, discuss it in the comments column! 😊