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Crypto Current
Written by
Ergot Alka
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Posts tagged with
crypto
(6)
Crypto Current
Oct 11
The Biggest Crypto Liquidation in History
Yesterday felt like a nightmare you couldn’t wake up from. The crypto market just got hit with the biggest liquidation in history. Billions gone. Traders frozen in disbelief, staring at screens that looked like they were bleeding. In just 24 hours, around $19,000,000,000 worth of positions were wiped out. Most of them were longs — people betting that the market would keep climbing. Instead, it collapsed. Over 1.6 million traders got liquidated. That’s one point six million people watching the...
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Crypto Current
Oct 1
Legion.cc: A Game Changer in the Crypto Presale Landscape
The crypto world loves new launches. Everyone’s hunting for that early entry, the “I bought it before anyone else knew” story. But let’s be real: presales are often a playground for whales, bots, and insiders, while regular investors get scraps. Enter Legion.cc. It’s branding itself as a fairer, merit-based platform for crypto fundraising, and it wants to give everyday contributors a real seat at the table. Some people are even calling it a serious competitor to Echo. So what makes Legion wor...
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Crypto Current
Sep 30
DeFi Explained
If you’ve been hanging around the crypto world for more than five minutes, you’ve probably heard people throw around the term DeFi like it’s the magic key to the future of money. And honestly? They’re not totally wrong. DeFi, short for Decentralized Finance, is one of the most exciting (and chaotic) corners of crypto. It’s fast, borderless, sometimes messy, but it’s changing how we think about banks, loans, and even who gets to control money.What Is DeFi, Really?At its core, DeFi is about tak...
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Crypto Current
Sep 21
The Rise of Stablecoins
The landscape of digital assets is evolving at an unprecedented pace, and the emergence of stablecoins is reshaping the future of finance. Stablecoins, which are pegged to traditional currencies like the US dollar, provide a solution to the volatility that has plagued cryptocurrencies, making them increasingly attractive to investors and institutions alike. With a projected market cap soaring to between $250 and $252 billion by mid-2025, the momentum surrounding stablecoins is undeniable. In ...
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Crypto Current
Sep 26
A Complete Guide to Echo and Sonar: How to Join Early-Stage Crypto Deals
What is Echo?Echo (echo.xyz) is a platform that connects investors to early-stage crypto projects. It works by letting experienced investors, called group leads, share deals with their followers. By joining these groups, everyday investors can participate in the same opportunities under the same terms. Key features of Echo:On-chain investing, usually in USDCRevenue model: Echo takes 5% of profitsBuilt-in compliance: eligibility checks by jurisdictionTransparency: group leads share allocations...
Crypto Current
Sep 22
The Illusion of Gains: Navigating the Risks of Quick Profits in Meme Coin Investments
In a world where we constantly chase the glittering allure of rapid profits, there is a crucial narrative that we must dissect and understand—investing is not a straightforward path. The prevailing mindset often fixates on quick gains, especially influenced by the meteoric rise of meme coins that dominate discussions today. As I reflect on the market's behavior, it becomes increasingly clear that this mindset can lead to disastrous outcomes. Most of us have been there: we see others enjoying ...
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