Cryptocurrency Q&A Why did Tezos drop?

Why did Tezos drop?

BlockchainLegendary BlockchainLegendary Tue Jun 25 2024 | 5 answers 679
Could you elaborate on the reasons behind the recent drop in the value of Tezos? It seems to have experienced a significant decline in its market capitalization. Is this due to concerns over its governance model, which has been a topic of debate in the crypto community? Or is it perhaps related to the ongoing competition from other blockchain platforms that are gaining traction? I'm curious to know if there are any specific events or developments that have triggered this decline, and whether there are any prospects for recovery in the future. Could you also share your views on the overall sustainability and growth potential of the Tezos ecosystem? Why did Tezos drop?

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