Bitcoin World 2024-11-05 14:46:15

97% of Memecoins Fail Shortly After Launch: Insights from Binance Research

The High Failure Rate of Memecoins and What It Means for Investors A recent report from Binance Research highlights the alarming failure rate of memecoins, revealing that 97% of memecoins either fail or become inactive shortly after launch. Covered by CryptoSlate, this report underscores a troubling reality in the cryptocurrency market, where most memecoins quickly

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