Cryptocurrencies

Crypto study found that meme coins are favored over high-FDV options

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According to a recent Kucoin report, participants in the crypto market are increasingly favoring meme tokens featuring characters or celebrities, while showing reluctance towards projects with high fully diluted value (FDV).

This shift reflects investor frustration with tokens whose values could potentially dilute upon full circulation of locked tokens.

The report highlights the success of tokens like Notcoin (CRYPTO:NOT), which launched with all tokens in circulation from the start, experiencing significant price and volume growth by May's end.

Additionally, tap-to-earn projects are gaining popularity due to their accessible nature, fostering higher overall participation compared to other gamefi initiatives.

Integration with technologies like TON and platforms like Telegram further enhances these tokens' appeal and user community expansion efforts.

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