Gotta keep the ponzi going...
Azuki is experiencing a historic crash, potentially one of the most severe drops on record.
👇[Click to read more]
▪️ Here is the holders' data from a year ago.
▪️ Here is the holders' data from a month ago.
▪️ Here is the holders' data from today.
The backlash from the Elementals launch is evident, as is the failure to attract more holders and expand the fanbase.
But who's still holding their ground?
▪️ It appears that some short-term flippers have jumped in hoping to catch a bounce.
Have you ever heard of Machi?😂
▪️ He alone holds 200 Azuki and 500 Elementals.☠️
This situation is a stark reminder that whales are never a reliable safety net.
▪️ The ultimate goal for brands is to expand their fanbase.
▪️ The more unique holders a brand has, the better its stability and growth opportunities.
▪️ Having too many whales can create a misleading sense of security.
#NewProfilePic I went silent for a month after making a dumbass mistake, offering 2.1 ETH for the WHOLE beanz collection, instead of certain trait. Someone bought this floor beanz and accepted my offer. Now I'm gonna wear this like a badge to remind myself how dumb I was.
Enma 閻魔 ⛩ retweeted
Automatically downgrading every single thing SBF believed in is an error. It's important to actually think and figure out which things contributed to the fraud and which things didn't.
Don't be the guy who would have tried to cancel vegetarianism in 1945.
We really need some positive news in crypto, too much dramas these days. Also, please keep your crypto assets in cold wallets.
Holy fck
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
