Billionaire investor Stanley Druckenmiller, founder of hedge fund Duquesne Capital, recently said that “Our central case is a hard landing by the end of 23. I will be stunned if we don’t have a recession in ’23.”
Even if a catastrophic recession somehow doesn’t hit the world, high inflation, soaring commodity costs, and plummeting currency values worldwide will...
Axie Infinity is a pyramid scheme collapsing.
That's a Ponzi in the collapse phase. Their Smooth Love Potion token is down 90% and in a screaming dive, and their Axie token is down more than 90% from peak. That one is going to hurt a lot of poor people in the Philippines. Many quit their jobs to play Axie's play-to-earn game. All the money comes from later...
Every ponzi goes to zero moon or later.
$Luna is going to zero.
Check 2018 charts. Every ponzi can dump it to zero.
Check $ADA chart of 2017-2018-2019-2020
$LUNA