Crypto Fundraising Volume Reaches $1.36 Billion in April 2024 Amid Rising Token Launches, Sector Growth, and Low Float Concerns
Crypto fundraising is on the rise, with deal volume reaching $1.36 billion in April 2024, up 3.8% from the previous month. Major sectors in crypto include DeFi, Layer 2's, Crypto AI, SocialFi, Crypto Gaming, and more. Token launches in various sectors are increasing, with concerns about low float affecting retail opportunities.
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Jihoz.ron
Token launches for utility, Defi, and gaming tokens will likely start to evolve and upgrade. This is needed to draw back attention away from meme coins. So far, if I have to be critical, the tokens have been launched with floats that are too low. 10-15% circulating at launch is… https://t.co/yvhd7sN5ui
MonadicalMeme coins got all the attention in Q1 this year, but AI, RWA, DePIN and GameFi actually saw big time gains. In the coming weeks we're going to look at some of the cool projects being built (and some we're working on). https://t.co/t75Qg83rsT
Jonny 👾 Crypto gaming is not dead. Crypto gaming economics and token launches are in fact flawed. Low float. High dilution. Kills hopes for any retail to have an opportunity. There are glaring examples of success, the staples being stuff like $PRIME $BEAM etc However being a…