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Solana Memecoins Contribute to Market Dilution, Says Crypto Analyst Miles Deutscher

Solana Memecoins Contribute to Market Dilution, Says Crypto Analyst Miles Deutscher


CoinOtag
2024-06-19 06:30:34

Miles Deutscher, a notable analyst in the cryptocurrency sector, recently highlighted what he perceives as a crucial issue within the altcoin market. The rapid surge in new crypto token launches is seen as a primary factor behind the lackluster performance of altcoins. Deutscher’s critique focuses on the overproduction of tokens and its resulting market oversaturation.


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