Zapper to Shut Down Next Month Amid Crypto Market Downturn

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Decentralized finance analytics platform Zapper announced it will cease operations on August 3rd, citing falling demand as the primary reason.
The platform, which once served over 2 million monthly active users and processed billions in transactions, joins a growing list of crypto firms folding amid a market downturn and reduced venture capital funding.

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Decentralized finance analytics platform Zapper announced it will cease operations on August 3rd, citing falling demand as the primary reason. The platform, which once served over 2 million monthly active users and processed billions in transactions, joins a growing list of crypto firms folding amid a market downturn and reduced venture capital funding.

Read the full article on Cointelegraph

The crypto market is in a rough state as July begins, with Bitcoin hovering in the low $60,000s and Ethereum below $1,750. Both assets have seen significant declines, and altcoins are performing even worse. Despite grim sentiment, historical patterns suggest potential for a rebound, though technical indicators present a mixed picture.

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Zapper to Shut Down Next Month Amid Crypto Market Downturn

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