2024

April

Observer

Coin

<ul class="news-points">
 <li>Thor Hartvigsen observed a massive increase in altcoins supply in the past four months.</li>
 <li>Hartvigsen noted an $8.6 billion additional liquidity supply injected into the crypto market this year</li>
 <li>The observer expects more tokens to launch in the crypto space later this year.</li>
</ul>
Thor Hartvigsen, a famous crypto personality, observed a massive increase in altcoins supply in the past four months. In a recent post on X, Hartvigsen noted an $8.6 billion additional liquidity supply injected into the crypto market this year. According to him, crypto projects will unlock $70.5 billion more liquidity in the coming years.
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 We're 4 months into the year and have already seen a massive increase in the supply of altcoins. Made a list of the ones I can remember from the top of my head. This is ALREADY $8.6b in additional liquid supply injected into the market. And $70.5b in total unlocked over the… <a href="https://t.co/ep7f0fu0ZW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ep7f0fu0ZW</a>— Thor Hartvigsen (@ThorHartvigsen) <a href="https://twitter.com/ThorHartvigsen/status/1784203581333160187?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 27, 2024</a>
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Meanwhile, Hartvigsen highlighted that the average float in market capitalization and fully diluted valuation (FDV) of the newly launched tokens is a mere 13.6%. He considers this “the tip of the iceberg,” con…
The post <a href="https://coinedition.com/crypto-observer-highlights-a-massive-altcoins-supply-in-q1-2024/" rel="noopener noreferrer nofollow">Crypto Observer Highlights a Massive Altcoins Supply in Q1 2024</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Observer Highlights a Massive Altcoins Supply in Q1 2024

Coin Edition

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