Cryptocurrency Exchanges Are Drowning in Tokens

in #criptocurrency6 years ago

It’s hard to put a finger on the precise point at which token overload kicked in. Token fatigue has been brewing for some time, as the spate of new coins, mostly launched by ICOs, has turned into an unstoppable torrent. Every day, cryptocurrency exchanges are barraged with listing applications by ICOs, and they do their best to keep up, for the projects’ sake, and for the community’s, and because listing tokens is a lucrative business. But at its current rate, the trend is surely unsustainable.

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