Elrond rebrands as MultiversX, shifts focus to the metaverse By Cointelegraph

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Stepping into the year 2023, it’s time to pause and reflect on the accomplishments and struggles the global crypto community witnessed over the last 365 days. Starting from the very beginning of 2022, no investment strategy could help recover the falling portfolios across traditional and crypto ecosystems. January 2022 inherited a slightly collapsing market, wherein investments made on 2021 all-time high prices resulted in immediate losses.

For many, especially the new entrants, falling crypto prices were perceived as an end game. But what went widely unnoticed was the community’s resilience and accomplishments against a global recession, orchestrated attacks and scams and an unforgiving bear market.

price during the last halving event. Source: CoinMarketCap
Crypto events timeline against market capitalization. Source: CoinGecko
Yearly performance of traditional market goliaths. Source: LinkedIn
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