Discover and read the best of Twitter Threads about #cadano

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1/ I just read #KuCoin's 2021 Annual Report and 2022 Forecast on the Crypto Industry.

Here are my key takeaways, a thread. 🧡

Lets go! πŸ‘‡πŸ‘‡πŸ‘‡

#DeFI / #NFT / #DAO / #Stablescoins / #Memecoins / #Risks Image
2/ #BTC and #ETH remain the undisputed market leaders.

πŸ”ΈBTC was the best performing major asset in 2021
πŸ”ΉETH has also been gaining traction as a store of value

ETH becoming deflationary is a big change (pictured).

More on ETH next πŸ‘‡ Image
3/ #ETH Gas Fees

ETH network occupancy rate was over 98% in 2021 (pictured)!

This is close to its resource critical point leading to high gas fees / the scaling problem.

#DeFI ecosystem is limited by the performance of ETH.

ETH2.0 is expected in 2022. Next, #shitcoins πŸ‘‡ Image
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