Crypto Networks Worth $12B After 97% Collapse Struggle with Funding

Ten once-prominent cryptocurrency networks have seen their combined market value fall to $12.06 billion, a 97.13% decline from their all-time highs.

A recent report by Taurex noted that these networks' recovery needs range from 21.5 times for Avalanche at $2.91 billion to 323 times for Internet Computer, which is now 99.7% below its peak.

The same token issuance model that works best when prices climb now produces far less funding and dilutes holders further due to the increased supply of tokens with little demand behind them.