Source: Coindesk.com
Projects with commoditized technology that have high liquidity, but not a very active team could become targets of hostile takeover. Traditional players could also be scooping up Web3 projects that are "most innovative." M&A in the memecoin sector could reach a "fever pitch," leading to the creation of tokens such as "ShibaPepes' and 'FlokiDoges."
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The post "Crypto Has 'Too Many Tokens' and Mergers Are Coming" appeared first here Coindesk.com.
Source: Coindesk.com
