STEPN’s Contraction and Arweave’s Ascension

Published on: June 6th, 2022

Chart of The Day: STEPN’s Active User Numbers Contract STEPN has been one of the biggest hits in crypto over the past few months — at least in terms of raw usage. The idea of being able to “earn” just by going on a run is compelling, though many have questioned the sustainability of such a product. However, after briefly zooming past 100K daily active users, STEPN’s numbers have begun to contract. For the most part, this is a casualty of dropping token prices.

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