Tokens are trading at massive discounts on secondary markets right now. Good reporting by The Block. - Average discount is 40-50%. - Long vesting schedules (3+ years) trade at 60-70%+ discounts.. - Gaming tokens are the worst at ~80% discounts. Main reason is $500M-$1B in tokens unlocking every week but demand is weak and capital rotating to AI. Plus, equity is replacing tokens. On SecondLane (a marketplace for crypto secondaries), 40% of interest is now equity and it dominates deals above $2M. More investors want real exit paths like M&A and IPOs, not locked tokens that dump on unlock. The only tokens holding value are those with: - clear revenue - short lockups - liquid hedging markets. Basically, $HYPE.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.