You Can Get Attached to Crypto?!
CryptoCurrency in the most recent days has taken a hit, most notably the LUNA Coin. A lot of people invested in this coin and watched it grow from the bottom, like a newborn child. Then, like anything, when it dies it is shocking…
When you grow feelings toward something your body releases a chemical known as oxytocin, this grows attachment to people or things like your belongings, a loved one or even cryptocurrency. Many people felt the loss at heart when LUNA Coin perished and are gripping on for dear life, in hopes that it makes a return. However, it’s beginning to look like a lost cause.
Crypto Banter on LUNA Coin's Death
LUNA Coin made a fundamental mistake… LUNA tried to prove that an algorithmic stable coin can work… Then they got into an identity crisis and said this sort of coin can have a death spiral, which is exactly what happened.
Instead of continuing as an algorithmic stable coin LUNA instead started to semi collateralize their tokens. The moment they went out there and tried to collateralize the coin, it spiralled. It was no longer a stable coin at that moment.
LUNA collapsed.
Trending Coins
Quarashi, Metacyber, ASYAGRO, MyKingdom and Bitball Coins are our top 5 Gainers today!
Spectrum Token, SafeFloki, Banana Index, Neralink and Mars Protocol with the top Losers!
SafeFloki was on one of our previous lists for top Gainers, making it a small lived victory however that is the life of altcoins.
The rest aside from Mars Protocol are all pretty unique and surprising to be on the lists!
– Always do your own research –
– This is not a recommendation, simply information –
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