Despite the controversial launch and ongoing price decline, $CULT (@MiladyCult) is still attracting attention from several sharp traders who believe in its potential. One notable trader, “0x572,” made a significant move just six hours ago, investing 207 ETH (worth about $754K) to acquire 127.89 million $CULT tokens. This move comes after a string of profitable investments, with the trader currently holding $1.76 million in unrealized profits from positions in $MOG (+244%) and $PEPE (+187%). Another prominent figure, blurr.eth (@blurr_eth_), swapped 80,000 $EIGEN (valued at $360K) for 58.28 million $CULT over the past two days. Known for his sharp trading moves,
The post Smart Traders Continue To Bet On $CULT Despite Controversial Launch And Price Decline appeared first on The Merkle News.
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As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops.
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A former FTX employee has revealed details regarding the lavish expenditures of the exchange as well as its intense company culture.
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Crypto Twitter (CT) is a grueling battleground between digital currency enthusiasts, company executives, maximalists, journalists, lawyers, and so-called thought leaders and luminaries. For instance, on May 8, reporter Larry Cermak posted data concerning Blockstream and its sidechain project Liquid’s performance over the last seven months. After Cermak shared unbiased figures and queried an alleged conflict […]
The post Crypto Heresy: Question Blockstream on Twitter and You’ll Be Blocked appeared first on Bitcoin News.
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When I first got into bitcoin, I tried to imagine what could go wrong and could never really think of anything. I never thought that it would turn into a cult. In retrospect, it should have been obvious. Bitcoin is an imaginary good. Thus, it is vulnerable to mind-control. Also read: Bitcoin Developers Must Do What […]
The post How to Fight Cryptocurrency Cults appeared first on Bitcoin News.
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