A project valued at $10B crashed toward oblivion after its developer was publicly confronted on live TV. One televised incident essentially wiped out a massive market cap. The swing from billion-dollar valuation to near-zero demonstrates how fragile some crypto projects can be when key figures face public scrutiny. It's a stark reminder of the risks tied to personality-driven projects in the Web3 space.
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GhostInTheChain
· 14h ago
That's why I never go all in on character coins. One TV attack and I lost a billion dollars. Truly incredible.
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GameFiCritic
· 01-07 00:00
That's why I keep saying: gameplay metrics, token deflation models, and sustainable growth are all indispensable. No matter how big the star project is, it's useless if the persona collapses—everything is lost, and retention rate drops to zero...
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SelfStaking
· 01-06 23:59
Haha, this is the crypto world. One host confronts and it's gone, I really can't hold it together.
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EthSandwichHero
· 01-06 23:58
Haha, this is the crypto world. One live stream flop and ten billion is gone. Truly exciting.
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ValidatorViking
· 01-06 23:56
this is exactly why i don't trust anything without proper protocol governance... one dude on camera and boom, $10B vanishes. that's not resilience, that's a single point of failure waiting to happen. no slashing risk, no validator set, just vibes and a personality cult lol
A project valued at $10B crashed toward oblivion after its developer was publicly confronted on live TV. One televised incident essentially wiped out a massive market cap. The swing from billion-dollar valuation to near-zero demonstrates how fragile some crypto projects can be when key figures face public scrutiny. It's a stark reminder of the risks tied to personality-driven projects in the Web3 space.