You are viewing a single comment's thread from:

RE: HBD Has the Potential to Bring Billions of Dollars into the Hive Ecosystem

in LeoFinance3 years ago

There was likely a George Soros on Black Wednesday style shorting going on with the UST incident. Here is a great article that sums up the situation:

https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros

I think HBD could handle a situation like this better. LUNA did not have much value outside of its stablecoin ecosystem. HIVE on the other hand has many DAPPs built on top of it along with a great community. I think the situation would have worked out better for LUNA if it was acting as another EVM chain with a healthy ecosystem of DAPPs.
!PIZZA
!LUV

Posted Using LeoFinance Beta