TLDR
The Covid-19-fueled sell-off on 12 March 2020 resulted in the largest ever day fall in the ETH price – from $195 down to $110 – that‘s a 44% drop. Many decentralized applications saw their highest ever daily activity as users scrambled in reaction to the price collapse. This was especially notable with DeFi and exchange dapps, as users tried to reduce their financial risk. DappRadar investigates how the falling ETH price impacted the MakerDAO-DAI stablecoin dapp.via the TL;DR App
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Written by Kane | Your most trusted source for dapp data
