Which cryptocurrencies are most affected by the bandwidth usage of Discord?

1 answers

• capnjazzyJun 19, 2022 · 3 years ago
  At BYDFi, we have observed that the bandwidth usage of Discord can have a significant impact on certain cryptocurrencies. Cryptocurrencies that heavily rely on Discord for community engagement, marketing, and project updates may experience a decrease in user activity and engagement during periods of high bandwidth usage. This can be particularly challenging for cryptocurrencies that heavily depend on Discord for building and maintaining their communities. However, it's important to note that the impact on the overall market value of these cryptocurrencies may be minimal, as there are various other channels and platforms available for communication and community engagement in the cryptocurrency space. It's crucial for cryptocurrency projects to diversify their communication channels and not solely rely on Discord to mitigate the potential impact of bandwidth limitations.
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