Crypto Observer Press Coin Edition Highlights Huge Altcoin Supply in Q1 2024



  • Thor Hartvigsen has observed that altcoin supply has increased significantly over the past four months.
  • Hartvigsen noted that $8.6 billion in additional liquidity supply has been injected into the crypto market this year
  • Observers expect more tokens to be launched in the cryptocurrency space later this year.

Well-known cryptocurrency personality Thor Hartvigsen has observed that the supply of altcoins has increased significantly in the past four months. Hartvigsen noted in a recent X article that $8.6 billion in additional liquidity supply has been injected into the cryptocurrency market this year. According to him, crypto projects will unlock $70.5 billion in additional liquidity over the next few years.

At the same time, Hartvigsen highlighted that the average circulating market capitalization and fully diluted valuation (FDV) of newly launched tokens is only 13.6%. He believes this is “just the tip of the iceberg”…

The post Crypto Observer Highlights Massive Supply of Altcoins in Q1 2024 appeared first on Coin Edition.

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