{"id":6381,"date":"2021-02-17T05:52:56","date_gmt":"2021-02-17T05:52:56","guid":{"rendered":"https:\/\/cointelegraph.com\/news\/fair-launch-tokens-outshine-the-average-coin-s-performance"},"modified":"2021-02-17T05:52:56","modified_gmt":"2021-02-17T05:52:56","slug":"fair-launch-tokens-outshine-the-average-coins-performance","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/fair-launch-tokens-outshine-the-average-coins-performance\/","title":{"rendered":"\u2018Fair Launch\u2019 tokens outshine the average coin&#8217;s performance"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvZGJmNjUyMTctOTIzOS00MmE1LThlZDgtMWZiYjc3YjI2MjMzLmpwZw==.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>So-called \u2018Fair Launch\u2019 tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari,&nbsp;<\/p>\n<p>Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such as Yearn.Finance and SushiSwap, and veteran 2013 altcoin Peercoin.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Fair Launch tokens (no pre-mine, announced publicly) outperforming. <br \/>Includes <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24SUSHI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SUSHI<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24HNT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HNT<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24SFI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SFI<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24YFI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$YFI<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24FARM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$FARM<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24CVP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$CVP<\/a><\/p>\n<p>We have pre-set screeners here &#8211;&gt; <a href=\"https:\/\/t.co\/17N2KGDPRF\">https:\/\/t.co\/17N2KGDPRF<\/a> <a href=\"https:\/\/t.co\/F4StV12N5Q\">pic.twitter.com\/F4StV12N5Q<\/a><\/p>\n<p>\u2014 Mira Christanto (@asiahodl) <a href=\"https:\/\/twitter.com\/asiahodl\/status\/1361692788048338950?ref_src=twsrc%5Etfw\">February 16, 2021<\/a><\/p><\/blockquote>\n<p>Fair Launch tokens appear to be outperforming the broader crypto markets by more than double over the past three months.&nbsp;<\/p>\n<p>The top <a href=\"https:\/\/messari.io\/screener\/\" target=\"_blank\" rel=\"noopener nofollow\">1,026<\/a> crypto markets gained an average of 9.56% this past week, compared to the 31.44% average gain seen by Fair Launch projects over the same period. <\/p>\n<p>Over the past 30 days, Fair Launch tokens are up 145.33% compared to the collective crypto average of 49.50%, while the last 90 days have seen Fair Launch projects gain 296.46% compared to 112.41%.<\/p>\n<p>Fair Launch tokens are also outperforming the averages of Ethereum-based <a href=\"https:\/\/messari.io\/screener\/ethereum-48633281\" target=\"_blank\" rel=\"noopener nofollow\">assets<\/a>, which gained 1.90%, 43.82%, and 248.45% over the past seven, 30, and 90 days respectively. <\/p>\n<p>The data shows that all but one of the top 20 Fair Launch tokens have posted gains this week, with only DOGE sliding by 20%. <\/p>\n<p>However, DOGE is the top-performing Fair Launch asset of both the past 30 and 90 days, gaining 515% and 1,815% respectively after being <a href=\"https:\/\/cointelegraph.com\/news\/dogecoin-trading-volume-hits-5b-surpassing-bitcoin-s-for-the-first-time-ever\">pumped by the notorious subreddit r\/Wallstreetbets<\/a> at the end of January.<\/p>\n<p>After a <a href=\"https:\/\/cointelegraph.com\/news\/traders-influencers-lick-their-wounds-after-vicious-dogecoin-dump\">vicious dump<\/a>, DOGE again rallied after its <a href=\"https:\/\/observer.com\/2019\/04\/elon-musk-dogecoin-meme-inspired-cryptocurrency\/\" target=\"_blank\" rel=\"noopener nofollow\">hypothetical<\/a> CEO, Tesla chief executive Elon Musk, <a href=\"https:\/\/cointelegraph.com\/news\/ur-welcome-doge-soars-after-elon-musk-returns-to-twitter-to-shill-dogecoin\">tweeted about the meme-coin<\/a> in early February.<\/p>\n<p>The performance of Fair Launch tokens has also been bolstered by Bitcoin\u2019s meteoric run into all-time highs since breaking above $20,000 for the first time in December. The <a href=\"https:\/\/cointelegraph.com\/news\/yearn-finance-continues-acquisition-spree-with-cover\">consolidation of the Yearn Finance ecosystem<\/a> has also contributed to the strong performances from Yearn and SushiSwap recently.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/fair-launch-tokens-outshine-the-average-coin-s-performance\">Source: COINTELEGRAPH<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So-called \u2018Fair Launch\u2019 tokens are outperforming most projects released via centralized token distribution events, according to crypto market data aggregator Messari,&nbsp; Messari defines Fair Launch tokens as having a publicly announced launch without any form of pre-mine. These include older top 10 crypto assets Bitcoin and Litecoin, newer DeFi projects such as Yearn.Finance and SushiSwap,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6382,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[566,565,563,564],"class_list":["post-6381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-ethereum-based","tag-fair-launch","tag-fair-launch-tokens","tag-messari"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6381"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=6381"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/6382"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=6381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=6381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=6381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}