JUST IN: 🇮🇩Indonesia’s stock market wiped out $60,000,000,000 today, its worst day in 28 years.
The Jakarta Composite closed down 11.57% at 5,185, a level not seen in almost 26 years.
The last bigger daily drop came during the 1998 Asian financial crisis, when a collapsing rupiah drove up foreign debt costs and deepened a banking crisis.
The index is now down about 40% this year.
The fall comes amid MSCI proposing to strip Indonesia of emerging-market status over opaque ownership, suspected coordinated trading and weak enforcement.
That could force funds tracking its global indices to sell Indonesian stocks.
UBS estimates around $4 BILLION in passive outflows, with active investors potentially withdrawing another $15 BILLION.
The downgrade is still pending, with a final decision due by June 2027.
The rout comes as South Korea’s KOSPI fell -14.46% this week, its worst week since the 2008 financial crisis.
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AI will make you jobless.
Crypto will make you not need a job.
Buy and hold now, retire in a few years. 🙋♂️if crypto allowed you to retire already.
(Not financial advice)
In 15 days time @verasitytech will have completed the minting of the new maximum supply of 200 Billion.
Every day they are minting 2 Billion $VRA tokens.
What will happen once they reach their proposed new max supply ?
All my tokens are staked in the VeraWallet.. I didn't see the point in selling at a 99% loss.
Stranger things have happened in crypto and one thing I do know is that human nature is fundamentally greedy and I would not be surprised to see the price start moving upwards again.
It's all a gamble now
Every time her son has a birthday, his mother takes him to the cemetery to pick up "the present his father gave him." The intention is to keep him alive in the child's memory.
Orang sibuk bahas saham, crypto, emas.
Lupa satu investasi paling mahal: Pasangan Hidup.
Salah entry ?
Nggak ada cut loss,
Floating loss nya seumur hidup.
They literally print it
You work hard everyday, you can’t even get everything you want, and you probably lost a girl cause you didn’t have enough
And they just print it
For airdrop $PLRL, the ratio you get for your $VRA in vera wallet.
And I don’t see a chance @verasitytech for this ratio rising.
Secondly, there is no institutional adoption for the coin. Hence, consider the current price of $VRA
Community raped in every possible way
Introducing the New VeraWallet Off‑Ramp 🔄
Today, we’re excited to roll out the highly anticipated Off‑Ramp feature in VeraWallet, powered by our trusted partners at @paybis.
Just like our On‑Ramp has let you buy $VRA in minutes, the newly added Off‑Ramp enables you to convert those tokens back into FIAT currencies.
$VRA → Banking flow, right inside VeraWallet.
1️⃣ Tap Withdraw & select ‘Withdraw with Paybis’
2️⃣ Complete a swift, secure KYC check
3️⃣ Select $VRA amount & target currency
4️⃣ Choose Bank account or Card
5️⃣ Confirm & watch FIAT hit your account 💸
🔗 Try it out today! https://t.co/4EBWq8M2t3
Please note that VeraWallet today only supports the ERC‑777 VRA (VRA‑ETH) token standard. BEP‑20 VRA (VRA‑BSC) support is not yet available.
$VRA #Verasity scammed their most Loyal and committed community who support them by their hard earned money for more than 7 years. Me & My friends invested 100k $ which turned into 1k$.
Instead of believing their upcoming plan Unfollow their all handles and move forward.
From $700K to $17K , only @verasitytech can do this.
Who will recover my funds? Or is my fault that i trusted wrong project , scammers.
You will be sued for this.
@rjmark_verasity @ceoverasity @verasitytech
$VRA #Verasity