‘I give it six to eight weeks’ — Critics warn Pal​.tech hype gained’t final

Pal.tech, a brand new decentralized social media (DeSo) app, has quickly grow to be one of many hottest new issues in crypto, with over 64,000 new customers and greater than 24,000 Ether (ETH) in buying and selling quantity since its beta model launch of Aug. 11.

Whereas many crypto business heavyweights have praised the app for bringing hundreds of individuals on-chain and provoking sign-ups from even non-crypto figures — corresponding to gaming YouTuber Faze Banks and Russian protest group Pussy Riot — some have warned it’s liable to burning out.

The bull case for Pal.tech

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