[Taklimakan Blog] How the Market Has Changed in Recent Months?

Launchpads and decentralized exchanges continue to actively conduct token sales. Their profitability is falling, but many projects bring high profits

After the beginning of the correction on the crypto market, the situation on the IDO (Initial Dex Offering) market is gradually changing — fees, profitability and the number of participants in token sales have slightly decreased.

However, new projects continue to issue their coins, and the industry continues to develop.

Demand mania for meme tokens

One of these trends is a large number of participants and a high number of fees for the sale of meme tokens. As a result of the phenomenal success of Shiba Inu, the altcoin has dozens of follower projects.