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November 8, 2023

Decline in New Token Creation: Lowest in 2021

Priya Sharma
Written byPriya SharmaWriter
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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Priya Sharma
Priya Sharma
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Mumbai-born Priya is India's rising star in the realm of online casino guides. With a knack for fusing traditional Indian gaming narratives with cutting-edge digital dynamics, she's an essential bridge between classic and contemporary gaming for a vast Indian audience.

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