Isn't it weird that the top metrics used in crypto space are market cap and trade volume? Pets.com had plenty of buying pressure, it didn't make it sound. Many of the real businesses that came out of DotCom bubble didn't even do an early IPO.
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It is a weird science, sometimes it makes no sense. Some coins in top 30 are valued at billion dollars with nothing to show off. And yes steem has the most transactions, and not enough buyers atm. No real critical growth is the reason we are stagnating. And it is a damn sure that we are not ready for more than million users per day. Curating those numbers would be a nightmare without community feature.