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November 8, 2023

Decline in New Token Creation: Lowest in 2021

Leticia "Letty" Santos
Written byLeticia "Letty" SantosWriter
Researched byNikos PapadopoulosResearcher

The amount of new token creation dropped during the third quarter to the lowest since at least the start of 2021, according to blockchain smart-contract auditor CertiK. The company created the data set by using the list of tokens added each quarter to the tracking website CoinMarketCap, and then stripping out so-called memecoins that serve no ostensible purpose but to provide yuks and a vessel for speculation.

Decline in New Token Creation: Lowest in 2021
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Leticia "Letty" Santos
Leticia "Letty" Santos
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Letty Santos, a vibrant spirit from the heart of Manila, seamlessly merges her passion for Filipino culture with the exhilarating world of online casinos. Bringing a unique Filipino touch to every project, she's a gem in the casino localization realm.

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