Find out which dapps have managed to stay on top, and which have taken a dive amid serious bearish market trends
Bear market trends have swept over the crypto space, and many dapps face the challenge of surviving during these difficult times. Yet, some projects have managed to rise above and improve their performance. In this article, we’ll take a look at which dapps boosted their user numbers, and which were affected by the bear market crisis.
Summary:
- The DeFi space was hit the hardest. Underlying tokens for many of the dapps in that category saw significant valuation drops
- Some NFT collections managed to stay on top and boost trading volumes and activity. However, the overall trend shows that NFTs were also affected by the bear market
- Gaming dapps are the most resilient in the bunch. Many of them attracting more users compared to the previous week and boosting their performance despite gaming token values dropping as well
- The dapp space is relatively stable, despite the…
