Are they the better cryptocurrencies?

Newly launched cryptos are currently suffering from an acute case of “Low Float, High FDV”. That means: low initial circulation quantity, excessively high Evaluation, which enormously distorts the risk-reward ratio. And one of the reasons for this is why the crypto-native investor community is currently having fun in the memecoin sector – the supposedly more “honest” niche.

The clearest symptom of this new disease is massive price drops. Tokens like Wormhole (W), Dymension (DYM) or Renzo (REZ) received a real baptism of fire with losses of up to 70 percent after launch. Protest sales, it seems, are also sending sentiment around newly launched cryptos plummeting. Meanwhile, voices calling for alternative forms of token distribution are becoming louder. One such comes in the form of the banal-sounding “Fair Launch Token”.