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The most important bear market in cryptocurrency history

by SuperiorInvest

More importantly, degens and whales are speculators and liquidity providers, not actual “users”. To ultimately reduce market cyclicality, crypto projects need to find real use cases where they can outperform existing services. For now, the obvious cases are still quite limited: cross-border payments (mostly meaningful for BTC), NFTs (mostly meaningful for ETH), and to a lesser extent gaming – where the market is huge but the real benefits of cryptocurrency are a bit less clear.

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