Runes Protocol Activity Faces Decline Post Blockbuster Launch

Saturday, 11 May 2024, 22:16

The Runes protocol, which saw a blockbuster launch three weeks ago drawing $135 million in fees, is experiencing declining activity. This decline comes as an early test for the protocol's sustainability and long-term success. Investors and users are closely monitoring the situation to assess the impact on the protocol's future performance.
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Runes Protocol Activity Faces Decline Post Blockbuster Launch

Runes Protocol Activity Decline

In an early test for the new protocol, activity has fallen since its blockbuster launch three weeks ago drew in $135 million in fees.

Impact on Sustainability

This decline serves as a crucial moment to evaluate the sustainability and future prospects of the Runes protocol.

Investors and users are keeping a close eye on this development to gauge the long-term viability of the project.


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