CZ says we need more Dapps after the fall of new chains
CZ says the crypto sphere “needs more Dipps” and not new chains in response to a post that highlights that new chains fight.
Former bynance director Changpeng “CZ” Zhao emphasized the need for the builders to cry industry more focus on the development of a decentralized application or Dappsnot to create a new hi Networks.
“More Dipps needed instead of chains,” CZ wrote in a recent mail.
CZ’s comment was given in response to statistics shared by Messari researcher @ defi_monk that is strikingly as new Ccviceins experience a decline after their generation events concerned.
Toward data By Messari, Starknet (Jerk) Token Cumulative return fell by 87% and dimension (Smoke) He experienced the same fall. Meanwhile, explosion (Blast) Decreased by 85%, the regime fell by 70%. Even big names like Berachain (Bera) and scroll (Scr) Mother saw a steep decline by 59% and 50%.
The only exception in the list is hyperliquid (Hyper), who experienced a significant increase of 1,100% of its TGE.
Researcher Messari added that the market has recently been seen about $ 10 billion in liquidations of a long position, and until the end of April, $ 17 billion entries on the market. This indicates that the crypto market has become saturated with more and more layers and layers of 2 solutions.
“The market can no longer absorb the execution environment that does not value,” researcher said.
Many users quickly agreed with CZ, stating that there is too much chain in the market and there must be more than one decentralization to help the CRIPTO industry grow.
As before export By Cripto.News, Berachain performed one of the largest aircapes this year, in addition to freeing his highly expected magnet. However, the value of the tokens dropped while the insider began to delay the token, withdrawing the price of at least 63% from the previous high.
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2025-02-12 14:21:00
