Cryptocurrency has seen a significant decline in trading volume in recent weeks. Donald Trump, the former US president, had predicted a financial doom of the US Dollar resulting from high inflation rate and downfall of the banking domains. An episode of Around The Blockchain, featuring crypto personalities Ben Armstrong, Johnny Hopper, Altcoin Daily and Randi Hipper, debated over this issue recently.

The anchor of the show cited Donald Trump’s predictions of US currency crashing, devastating its economy and hence taking away its power of being a great nation. Furthermore, he inquired Altcoin Daily about what is causing the crypto trading volume to plunge. Altcoin Daily suggested that two probable elements behind the decline can be lack of new people in the market and the rise of DEXs like Uniswap, offering adequate resources and tools to huge payers.

Hopper prevented his opinion that young people are possibly too lazy to use the rigorous platforms of decentralized exchanges. Despite the reduction in trading, the panelists remained positive about the future of cryptocurrencies and decentralized finance. They believe those dormant projects would soon be brought back to life and cryptocurrency marketplace will eventually be seen on a major scale. A global consensus will then be reached, resulting in people accepting decentralized finance ecosystems as an opportunity.



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