Thor Hartvigsen observed a massive increase in altcoins supply in the past four months. Hartvigsen noted an $8.6 billion additional liquidity supply injected into the crypto market this year The observer expects more tokens to launch in the crypto space later this year. Thor Hartvigsen, a famous crypto personality, observed a massive increase in altcoins […]
The post Crypto Observer Highlights a Massive Altcoins Supply in Q1 2024 appeared first on Coin Edition.
- Thor Hartvigsen observed a massive increase in altcoins supply in the past four months.
- Hartvigsen noted an $8.6 billion additional liquidity supply injected into the crypto market this year
- The observer expects more tokens to launch in the crypto space later this year.
Thor Hartvigsen, a famous crypto personality, observed a massive increase in altcoins supply in the past four months. In a recent post on X, Hartvigsen noted an $8.6 billion additional liquidity supply injected into the crypto market this year. According to him, crypto projects will unlock $70.5 billion more liquidity in the coming years.
Meanwhile, Hartvigsen highlighted that the average float in market capitalization and fully diluted valuation (FDV) of the newly launched tokens is a mere 13.6%. He considers this “the tip of the iceberg,” con…
The post Crypto Observer Highlights a Massive Altcoins Supply in Q1 2024 appeared first on Coin Edition.
