According to CoinGecko, the normalized exchange volume on Crypto.com has decreased by 91% over the past year, from $4 billion to $380 million each day on a 7-day average. This is not to argue that the advertisement is to blame for the decline, but the company's attempt to promote growth by enlisting an A-list celebrity doesn't seem to have had much of an impact.
There is also the issue of the bear market, which has led to the loss of two-thirds of the market capitalization of crypto marketplaces as compared to a year earlier.
All Comments