Seventeen days. That is how long the median memecoin in a Talos study took to hit its peak after it started trading.
Per CryptoSlate, Talos tracked about 150 memecoins listed on at least one centralized exchange. Most peaked fast, and the median took roughly 370 days to fall 95% from that top. Only five of 151 stayed above their first-day price.
My view: the sample already leans toward the winners, because it only includes coins that made it onto an exchange. The real survival rate is probably worse. Meanwhile the launchpad behind many of them, $PUMP , keeps collecting fees.
💬 How long do you usually hold a memecoin?
#Memecoins #CryptoData
Per CryptoSlate, Talos tracked about 150 memecoins listed on at least one centralized exchange. Most peaked fast, and the median took roughly 370 days to fall 95% from that top. Only five of 151 stayed above their first-day price.
My view: the sample already leans toward the winners, because it only includes coins that made it onto an exchange. The real survival rate is probably worse. Meanwhile the launchpad behind many of them, $PUMP , keeps collecting fees.
💬 How long do you usually hold a memecoin?
#Memecoins #CryptoData