Token creation hits 600k in January, raising market liquidity concerns

token-creation-hits-600k-in-january,-raising-market-liquidity-concerns
Token creation hits 600k in January, raising market liquidity concerns

The cryptocurrency market saw a surge in new token creation throughout January, according to CoinGecko co-founder Bobby Ong. According to Ong, 600,000 new tokens were minted. That’s a twelve-fold increase from the 50,000 monthly tokens created from 2022 to 2023.…

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