Movement on-chain App daily revenue has remained below $800 since last November.
Jinse Finance reported on July 22nd that, according to DeFiLlama data, since last November, daily revenue from Movement chain apps has long been less than $800, and daily fees on the chain have remained in the single digits, with fees in the past 24 hours totaling just $1. However, Movement has raised a cumulative total of $141.4 million; its current FDV stands at $107 million, having dropped more than 99% from its peak. Movement has now filed for bankruptcy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cyber defense technology company RedLattice plans to merge and go public with SPAC Bold Eagle (BEAG.US), with a valuation of $1.25 billion.
RedLattice, a network defense technology company backed by private equity firms, will go public through a merger with the special purpose acquisition company (SPAC) Bold Eagle Acquisition Corp.
Ondas unit Cyberhawk wins three-year drone inspection deal with SSE networks
Crypto prices
More
