{"id":32903,"date":"2025-06-20T16:31:31","date_gmt":"2025-06-20T16:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32903"},"modified":"2025-06-20T16:31:31","modified_gmt":"2025-06-20T16:31:31","slug":"tokens-are-a-lemon-market-heres-how-to-fix-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32903","title":{"rendered":"Tokens Are A Lemon Market&#8230;Here&#8217;s How To Fix It"},"content":{"rendered":"<div>\n<p><figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/20065421\/Crypto_token_lemonmarket_AI_image_Jun25_mdw-1024x683.png\" alt=\"\" class=\"wp-image-14651\" srcset=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/20065421\/Crypto_token_lemonmarket_AI_image_Jun25_mdw-1024x683.png 1024w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/20065421\/Crypto_token_lemonmarket_AI_image_Jun25_mdw-300x200.png 300w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/20065421\/Crypto_token_lemonmarket_AI_image_Jun25_mdw-768x512.png 768w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/20065421\/Crypto_token_lemonmarket_AI_image_Jun25_mdw.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/figure>\n<\/p>\n<p class=\"has-text-align-center\"><em>Image created by generative AI<\/em><\/p>\n<p>If crypto tokens were used cars, how would you tell a bargain from a clunker? The answer might have spared investors in Libra\u00a0or\u00a0Hawk Tuah\u00a0a lot of pain.<\/p>\n<p>According to a study by Solidus Labs,\u00a0nearly 99% of tokens on DIY meme platform Pump.fun collapse into <a href=\"https:\/\/www.soliduslabs.com\/reports\/solana-rug-pulls-pump-dumps-crypto-compliance\" target=\"_blank\" rel=\"noreferrer noopener\">worthless pump &amp; dump schemes<\/a>. On Raydium&#8217;s DEX, the firm found roughly 93% of token liquidity pools have \u2018rug pull characteristics.&#8217;<\/p>\n<p>An analysis of token promotions on Telegram by CertiK found that nearly half of the 93,930 new tokens promoted between 2023 and 2024 were\u00a0<a href=\"https:\/\/www.certik.com\/resources\/blog\/evil-in-the-shadows-unveiling-the-chaos-in-ethereums-token-ecosystem\" target=\"_blank\" rel=\"noreferrer noopener\">involved in deceptive exit swindles<\/a>\u200a\u2014\u200aan astonishing 46,526.<\/p>\n<p>Fraudsters got 282,699.96 ETH off the back of these cons, roughly $800 million.<\/p>\n<p>The numbers are staggering \u200a\u2014 \u200aand not just the losses. Tokens proliferate at a pace that makes it all but impossible for buyers to discern a promising investment from a money-losing sinkhole.<\/p>\n<p>But experts say volume isn&#8217;t the issue\u200a, it&#8217;s\u00a0lack of transparency.\u00a0A dearth of reliable information has created what 1970s economist\u00a0<a href=\"https:\/\/www.jstor.org\/stable\/1879431\" target=\"_blank\" rel=\"noreferrer noopener\">George Akerlof<\/a>\u00a0called\u00a0<em>A Market for Lemons<\/em>, where information asymmetry can cause entire markets to collapse.<\/p>\n<h2 class=\"wp-block-heading\">Are tokens broken?<\/h2>\n<p>In a\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=99XsVSN_doQ\" target=\"_blank\" rel=\"noreferrer noopener\">recent presentation<\/a>\u00a0at Blockchain VC DBA&#8217;s Research Day 2025,\u00a0<strong>Theia Research co-founder Felipe Montealegre<\/strong> captured the nub of the problem.<\/p>\n<p>&#8220;In Akerlof&#8217;s model, there are peaches and there are lemons. Peaches are good, but lemons don&#8217;t work, and even if you &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/06\/46032425\/tokens-are-a-lemon-market-heres-how-to-fix-it\" alt=\"Tokens\" are a lemon market...here how to fix it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Image created by generative AI If crypto tokens were used cars, how would you tell a bargain from a clunker? The answer might have spared investors in Libra\u00a0or\u00a0Hawk Tuah\u00a0a lot of pain. According to a study by Solidus Labs,\u00a0nearly 99% of tokens on DIY meme platform Pump.fun collapse into worthless pump &amp; dump schemes. On [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32903","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32903"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32903\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}