WHAT THE ACTUAL FUCK
SOMEONE JUST TURNED $1000
INTO $3,000,000 IN 30 FUCKING MINUTES.
APED INTO $ATOM AND CAUGHT A 306,000% PUMP.
IN CRYPTO, ANYONE CAN MAKE LIFE-CHANGING MONEY.
That’s a bit misleading, the total crypto market cap during the COVID crash was less than 10% of what it is today. So no, this isn’t “the biggest crash.” Context matters!!
Covid crash: $1.2B in liquidations
FTX crash: $1.6B in liquidations
Today: $19.31B in liquidations
You wished you bought during the COVID crash.
This is your COVID crash.
I have a feeling that most people don't understand the concept of market capitalization.
If the market cap of a coin increases by a million, that does not mean that a million in liquidity have migrated into the asset
It just means that the overall supply has a higher valuation