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Crypto platform Pal.tech has seen a 95% drop in shopping for and promoting volumes, falling from a peak of $16m to only over $700,000. Cumulative volumes are up from $80m to $85m this week, however new customers have fallen off, indicating the preliminary demand has already been met. The platform permits former Twitter personalities to subject “keys” for entry to closed group chats and has earned over $4.2m of ether in charges for creators. The builders say over 75% of key holders use the app “the following day” and over 50% “nonetheless use it after every week”.
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