The release of a new encryption code has grown more than 12 times, with analysts warning of the diluted investor capital and “dismantled” prices.
The issuance of new cryptocurrencies has reached the highest level ever in January, which raised concerns among analysts about the lack of liquidity of the investor in the market.
More than 600,000 new cryptocurrencies were launched during January, an increase of 12 times compared to the same period in 2024, According to To the Geckoterminal data shared by Bobby Ong, co -founder and chief operational officer in Coingecko.
“Once again in the period 2022-2023, about 50 thousand new symbols were adapted every month.”
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