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Yeah, when even cryptocoin bulls consider these ponzis... you have to wonder if there is any rational reason for holding them is a greater fool and a belief tha
by kurthr 4y ago
Yeah, when even cryptocoin bulls consider these ponzis... you have to wonder if there is any rational reason for holding them is a greater fool and a belief that you can get out faster than others. I do wonder how you calculate the psychic cost of constantly monitoring your "stable coin", or maybe the answer is just the 20% annual returns on Anchor?
Almost the exact thing happened with ironfinance a year ago!
https://ciphertrace.com/analysis-of-the-titan-token-collapse-iron-finance-rugpull-or-defi-bank-run/ https://ciphertrace.com/analysis-of-the-titan-token-collapse...