In your experience, have you noticed any instances of diminishing marginal utility in the digital currency market?

1 answers

• Nov 27, 2021 · 3 years ago
  From my experience, I have noticed instances of diminishing marginal utility in the digital currency market. This phenomenon occurs when the introduction of new cryptocurrencies fails to generate the same level of interest and demand as previous ones. As a result, the marginal utility of each new coin decreases over time. For example, when Ethereum was first launched, it gained a lot of attention and investment. However, as more altcoins entered the market, the initial excitement surrounding Ethereum diminished, and its marginal utility decreased. This can have a significant impact on the market, as it can lead to increased volatility and a lack of sustained value for certain cryptocurrencies.
  702351