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Crypto’s 2023 “Health Check” | Vance Spencer
Forward Guidance
Cryptocurrency
Last year, $75 million per day at the peak of bull run. Right now you look, there's about 3,000 or 4,000 ETH being spent per day. And so the revenue of Ethereum, the use cases have dropped 90%. So it's not just like this speculative bubble that had deflated. People are actually using crypto less as a result. That is how we build useful applications. We actually need this.
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