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AMB Crypto
2023-03-01 07:30:42

ENS: Will low user activity pose a problem in the long run?

ENS: Will low user activity pose a problem in the long run?

New data suggested a decline in monthly registrations on the ENS network. Traders turn pessimistic as on-chain metrics had a cynical outlook. Based on data provided by Dune Analytics, despite the high number of users on the ENS protocol, the overall activity of the users wasn’t very high. Reportedly, 80% of users have one ENS

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