"Over 600,000 New Coins Launched Last Month Alone... Will Alt Season Be Delayed Due to Liquidity Dispersion?"

Concerns about liquidity shortage in the market are growing as newly issued cryptocurrencies hit an all-time high.

According to cryptocurrency media CoinTelegraph on the 15th, Bobby Ong, co-founder and COO of CoinGecko, stated that "more than 600,000 new coins were launched in the past month. This is more than 12 times higher compared to the same period last year." This surge in new coin issuance is attributed to the emergence of token generation platforms like PumpFun.

Gabriel Halm, a researcher at IntoTheBlock, noted that "while it's natural for new tokens to emerge in a bull market," he pointed out that "excessive token launches have dispersed liquidity and investor attention, making market price movements more irregular."

There are also predictions that the alt season might be delayed as cryptocurrency market liquidity becomes dispersed. COO Ong said, "There are too many tokens right now. That's why altcoins don't seem to be surging like they did in previous bull markets."