There are some classics in this year’s tweets that didn’t age well, and one key takeaway is that cashed-up execs shit-post way too often.
In the span of less than 12 months, the third-most valuable stablecoin imploded, leading to a domino effect that saw crypto lender Celsius go bankrupt, Three Arrows Capital’s founders go runabout and one of crypto’s most “altruistic” executives flown home in cuffs.
Well, we all know what happened after. The collapse of the Terra ecosystem in May 2022 saw more than $40 billion wiped from the market in that month alone.Since then, Do Kwon and the remaining Terra community have tried to revive the project with a newer stablecoin coming into the works. TerraUSD has since been rebranded to TerraClassicUSD and is worth $0.02 at the time of writing.
In a debate on Twitter from January, crypto trader CoinMamba got under SBF’s skin in January 2021, suggesting that SOL was a great shorting opportunity over the price of $3.
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