In today’s briefing:
- State Of Token Markets
State Of Token Markets
- The problem with token markets was never demand in isolation.
- It was the structure of what investors were being asked to buy.
- Across CEX listings, airdrops, unlock schedules, buybacks, memecoins, and revenue-generating protocols, State of Token Markets examines how token issuance broke down, why most holders were left fighting unrelenting sell pressure, and what must change for the next generation of tokens to become genuinely investable capital assets.

