Decentralized email platform Dmail to cease services on May 15
Burns Brief
Dmail Network will shut down on May 15 after citing high infrastructure costs, failed fundraising and weak token utility Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Dmail Network will shut down on May 15 after citing high infrastructure costs, failed fundraising and weak token utility.
Key Takeaways
- Dmail Network will shut down on May 15 after citing high infrastructure costs, failed fundraising and weak token utility