Analysis: Affected by the bear market, 21 crypto projects announced the closure or reduction of their services.

CoinFeed reported on April 7th that, according to DeFi analysts, 21 crypto projects have recently announced the closure or significant reduction of their services due to the bear market, covering DeFi, NFT, wallets, and games. Among them, Leap Wallet will completely shut down all products on May 28th, and users need to migrate their assets to Keplr or MetaMask as soon as possible. Magic Eden has decided to close ME Wallet to focus on the NFT marketplace and infrastructure on Solana; the wallet will cease service on May 1st. Fantasy Top plans to discontinue non-core functions in mid-June, concentrating resources on prediction market games.