BeInCrypto
These Crypto Projects Had Billion-Dollar Valuations, Now They Trade 90% Lower
Ten crypto projects that had billion-dollar private valuations now trade at market caps ranging from $7 million to $294 million, according to CryptoRank data. The gap between last-round venture capital valuations and current market caps ranges from 88% to over 99%. Four of the 10 hardest-hit projects belong to the zero-knowledge proof and Layer 2
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