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Mode Network TVL big dump 99% to 4 million USD
According to Hash World News, the total value locked (TVL) of Mode Network has fallen by 99% from its peak of $582 million in May 2024, currently standing at around $4 million. In addition, the price of the network's native token MODE has decreased by about 98% from its historical high. Although the official website still shows a TVL of $500 million, this is significantly different from the on-chain data.
$MODE #Cryptocurrency# #Blockchain # CryptoLoss #TVL # ModeNetwork