Crypto faces ‘existential’ token problem as supply outpaces value creation

The rapid growth in the number of crypto tokens i

Crypto faces ‘existential’ token problem as supply outpaces value creation

Crypto faces ‘existential’ token problem as supply outpaces value creation

The rapid growth in the number of crypto tokens is outpacing the value they generate, creating an “existential” problem for the industry, according to Michael Ippolito, co-founder of Blockworks.

Media token returns drop. Source:
Fundamentals vs price. Source:
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