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The Crypto Basic 2022-09-30 07:55:24

IntoTheBlock Head of Research Gives Reason For Reduced Ethereum (ETH) Burns

  Despite The Merge, Ethereum remains inflationary, and the declining NFT interest may be to blame. In a tweet today, Lucas Outumoro, head of research at IntoTheBlock, highlighted that the declining interest in NFTs might be why EIP-1559 is burning fewer ETH. According to Outumoro, there is a strong 0.58 correlation between NFT volumes and […]The post IntoTheBlock Head of Research Gives Reason For Reduced Ethereum (ETH) Burns first appeared on The Crypto Basic.

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