According to an analysis conducted by smart contract auditor Certik, based on data collected by CoinMarketCap, we are in a discouraging phase on the new crypto creation front.
Indeed, fewer crypto tokens, excluding memecoins, were created in Q3 2023 than in the previous quarters of the past 3 years.
Specifically, in July, August, and September 2023, only 293 new crypto assets were brought to market, which is less than a quarter of what was recorded during the height of the 2021 bull market.
Factors disincentivizing this practice are the low liquidity of money in the market and the presence of hostile regulations in several countries around the world.
See all the details below.
Certik’s analysis of CoinMarketCap data: few new crypto assets created in Q3 2023
Certik, a well-known auditing company that focuses on smart contract security, analyzed a dataset provided by CoinMarketCap, revealing that very few new crypto assets were created in Q3 2023.
In fact, we are at the lowest level i
We współpracy z: https://en.cryptonomist.ch/2023/11/09/certik-new-crypto-registered-coinmarketcap-decreasing/
