NPC’s Steady Growth in a Turbulent Market
Recently, the altcoin market experienced one of the most severe crashes in history. The median daily drop for the top 100 cryptocurrencies reached 44%, with even top market cap coins like Ethereum facing a 34% decline. This crash led to about 700,000 liquidations, with a liquidation scale of up to $10 billion, setting new records for both the scale and number of liquidations. This painful phenomenon once again proves the extreme volatility and unpredictability of the cryptocurrency market.
In this market context, almost all altcoins have faced extremely severe challenges. The overall downturn in the altcoin market has also affected mainstream cryptocurrencies like Ethereum, and the market capitalization of all other major altcoins has decreased by 22% compared to the peak in 2021, resul...