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The post also pointed out that Bitcoin (BTC) successfully regained its position at the $28.2k price level, while Ethereum (ETH) rebounded to $1,915.
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BTC
115,403.77
-1.39%
ETH
4,807.8
-0.25%
738
0
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A lack of demand for tokens was identified as the primary reason for failure, with many projects failing due to a lack of clear use cases or utility.
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Between 2013 and 2022, 2,383 crypto coins failed.
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Dogecoin’s network activity surge driven by DRC-20 tokens #dogecoin
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Bitcoin completed 3.3 million transactions during the same period. #BTC
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The data shows that the trend has been consistent for the last seven days. Between May 22 and 28, Dogecoin completed over 9 million transactions, while the Ethereum network recorded around 6 million transactions. #ETH
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