RootData: Tokens are usually unlocked in large amounts, and the price is usually boosted, and infrastructure, Layer1/2, and DeFi are still the most popular tracks
ChainCatcher news, RootData released the “2024 Web3 Industry Investment Research Report”. According to the report, VC coins will become a daunting word in 2024, and the crypto market will carry their exit liquidity, with projects such as Optimism, Sui, Aptos, Ethena, dydx, and Cardano unlocking more than 30 million tokens every month. Among them, there were 9 large-scale unlocking events (a single transaction exceeding US$100 million), namely INJ, MEME, PYTH, AVAX, SUI, W, JTO, APT, and TIA.
Comparing the prices before and after the token unlock, it is found that the project team can significantly increase the price of tokens before the large amount of unlocking by announcing positive information and marketing in advance. OTC trading is the method of changing hands and exiting with minimal impact on the token’s price, eliminating the risk of a significant decline in the token.
In addition, based on the popular RootData hashtags in the past year (more than 5,000 hits), it was found that infrastructure, Layer1/2, and DeFi are still the hottest tracks in blockchain, and the number of clicks on tags such as artificial intelligence and DeSci has risen rapidly, and representative projects such as Virtuals Protocol and Bio Protocol have long been at the top of RootData’s popularity list.
The popularity of some high-click hashtags usually lasts only 1-3 months, such as DePIN, Tap to Earn, Bitcoin ecosystem, etc.
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RootData: Tokens are usually unlocked in large amounts, and the price is usually boosted, and infrastructure, Layer1/2, and DeFi are still the most popular tracks
ChainCatcher news, RootData released the “2024 Web3 Industry Investment Research Report”. According to the report, VC coins will become a daunting word in 2024, and the crypto market will carry their exit liquidity, with projects such as Optimism, Sui, Aptos, Ethena, dydx, and Cardano unlocking more than 30 million tokens every month. Among them, there were 9 large-scale unlocking events (a single transaction exceeding US$100 million), namely INJ, MEME, PYTH, AVAX, SUI, W, JTO, APT, and TIA.
Comparing the prices before and after the token unlock, it is found that the project team can significantly increase the price of tokens before the large amount of unlocking by announcing positive information and marketing in advance. OTC trading is the method of changing hands and exiting with minimal impact on the token’s price, eliminating the risk of a significant decline in the token.
In addition, based on the popular RootData hashtags in the past year (more than 5,000 hits), it was found that infrastructure, Layer1/2, and DeFi are still the hottest tracks in blockchain, and the number of clicks on tags such as artificial intelligence and DeSci has risen rapidly, and representative projects such as Virtuals Protocol and Bio Protocol have long been at the top of RootData’s popularity list.
The popularity of some high-click hashtags usually lasts only 1-3 months, such as DePIN, Tap to Earn, Bitcoin ecosystem, etc.