Quote:
Originally Posted by Jehova-Jireh
all defi and stablecoins are going to zero in the coming weeks and bitcoin will prolly be 10k
You seem to be enjoying what you think is the end of the world, but these predictions are far-fetched at best.
Let's just look at the current prices of the stablecoins in the top 100 by market cap:
Tether: $0.9982
USD Coin: $1.00
Binance USD: $1.00
Dai: $1.00
TerraUSD: $0.2032
TrueUSD: $1.00
PAX Dollar: $1.00
Neutrino USD: $0.9521
It sure looks like TerraUSD is the exception rather than the rule.
As for all defi coins, DeFi Llama lists over 100 of them, including Ethereum. Sure, the price of Ethereum is down ~25% in the past week, but that happens all the time in crypto. It doesn't mean the end is nigh. Again, Terra (LUNA) is the exception.
As for Bitcoin going to $10K, short it if you really believe that; if you're right, you'll make a mint.