crypto bullshit, crash Show more
It is _very funny_ that the first major "algorithmic stablecoin", something which is necessarily based on air and promises, just imploded.
As in, it's supposed to trade for (close to) a dollar, and it's now trading at less than a third of that.
And its backing non-stable coin has crashed uh... 98% in 24 hours.
@pettter excellent times for Luna shortersI see /biz/ is losing it over this
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