Engagement Isn’t Everything, IMC and Trading Volume Matter, New Research Says
Move over the endless X threads and VC endorsements. A deep dive into the token launch dynamics by Simplicity Group shows that token debuts are more about cold, hard fundamentals and less about hype and marketing.
The firm analyzed over 50,000 data points related to 40 crypto token launches in the first four months of the year to derive following conclusions:
Engagement isn’t everything
The popular notion in the crypto community is that increased activity on social media translates to a successful token launch. But Simplicity Group found no statistical relationship between social media engagements, particularly replies, post and likes on X (formerly Twitter) and price performance of the token in one-week after the launch.
Infact, research…
