Well-known KOL: RootData's "project transparency" score is positively correlated with token prices, as evidenced by comparing spot and Alpha performance on a certain exchange.

According to ChainCatcher, well-known on-chain analyst Ai Yi stated that the wild era of blindly going all-in on ICOs and Meme coins to get rich quickly seems to be over. Losses have forced crypto investors to start conducting research, and project teams now need to deliver real value.

By comparing the 24-hour and 7-day price changes of 10 recently launched Alpha and spot tokens, and combining this with Rootdata's "project transparency" metric, it was found that spot tokens had slightly better drawdown performance than Alpha, and their rebounds were also stronger; the level of project information disclosure for spot tokens (average 74.7%) was significantly higher than that of Alpha (62.7%).

Overall, spot tokens with a high level of public disclosure performed better than Alpha, so the "project transparency" metric makes it increasingly difficult for some project teams to exploit information asymmetry to take advantage of retail investors.