‘Fair Launch’ tokens outshine the average coin's performance
Data from Messari shows the top 20 “Fair Launch tokens” are outperforming both the top 1,000 crypto assets and Ethereum-based assets on average this year s far. So-called ‘Fair Launch’ tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari, Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such as Yearn.Finance and SushiSwap, and veteran 2013 altcoin Peercoin.Fair Launch....
Related News
The IOHK CEO Charles Hoskinson gave his perspective on why Cardano will outshine Ethereum 2.0. In an interview with Ben Armstrong, AKA Bitboy Crypto, Hoskinson spoke about Cardano having a simpler and more robust design than Ethereum. What’s more, he doubts whether this added complexity will result in higher throughput, better scalability, and more security […]
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System, Even Replace It According to Olga Skorobogatova, the development of digital coins makes international banking payment systems a topic of discussion, in the way that such traditional logic could become obsolete. She backed her comments on the fact that over 30 financial regulators “are....
So many coins are launching every month, but which coins are actually noteworthy? Which ones are pump and dump scams? Which ones should I invest in? These are just some of the questions people ask themselves when they look at the altcoin market for the first time. I’ve decided to start writing a “Random Coin of the Day” saga of articles to further examine some of the more useful, but less exposed coins on the market. While there might not be a random coin of the day every day, I will be interviewing developers from different interesting coins on the market in order to allow them to....
Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance and comparing it to how Bitcoin has faired over the years, the analyst predicts doom for the world’s most valuable cryptocurrency. Bitcoin is trading at around $25,860 and has remained under pressure in the past few weeks after surging almost 60% from November 2022 lows, when the drop was accelerated by the collapse of FTX and the bankruptcy of several centralized finance....
In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story. Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true.But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume.Messari analyzed the performance of 28 new Coinbase listings over five days against 22 Binance listings, 19 FTX listings, 19 Gemini listings, 14....