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‘Multichain was a big blow,’ says Andre Cronje as Fantom TVL slumps

Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

‘Multichain was a big blow,’ says Andre Cronje as Fantom TVL slumps

Fantom’s TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom’s TVL topped $7.5 billion.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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