Sources
Mario Nawfal’s Roundtable
DEFI DOMINANCE HITS THREE-YEAR LOW The DeFi market dominance has reached a three-year low, dropping from 3.82% to 2.84% following last week’s market sell-off. Since September 2022, DeFi’s market share has steadily declined, with year-to-date dominance down by 29%, as attention… https://t.co/l1GEsPwv3b
Crypto Town Hall DEFI MARKET SHARE PLUMMETS TO THREE-YEAR LOW AS MEMECOINS AND ETFS GAIN FAVOR DeFi’s share of the cryptocurrency market has fallen to its lowest level since January 2021, with dominance declining from 3.82% to 2.84%. The shift in market focus toward memecoins and institutional… https://t.co/Y7NFX7RyeA
Arthur DeFi as the sector with the strongest product-market fit in crypto reached 3-year low lately relative to global crypto market cap. I expect this to bottom out over the coming months and make a great comeback as we enter a new interest rate cycle. https://t.co/oOd7iy2IDN
