Dissecting DeSoc in the Year 2023 One of the most prominent themes in the cryptocurrency market was the increasing adoption of decentralized social media or DeSoc as well as DeFi perps and leverage trading by both institutional and retail investors with the latter sparked by the implosion of FTX in 2022. In terms of market performance, 2023 witnessed a significant surge in the overall cryptocurrency market capitalization, primarily driven by the continued demand for Bitcoin and Ethereum, the ...
