cryptocurrency Madhouse mode is active for the markets. With the sarcastic moves of the stock markets, mutual bickering, and FUD spreads, it is as if we are back to the days of the FTX crash. Forbes took the cryptocurrencies seriously and shared that CZ had a fortune of more than 90 billion dollars. Prices have dropped and CZ says he is now poor. Coinbase has turned on the sarcastic mode with its new listing.
Binance, CZ and HYPE Coin
hyperliquid Binance, led by the community and the teams of some exchanges FUD continues at full throttle. How active CZ was in the October 10 crash, the role of the Binance exchange in the crash, their negligence, and the destruction triggered by their negligence are all debatable. But there is one truth. While the price retreated at a speed similar to that during the FTX crash, the mood on social media suddenly evolved to those days.
CZ would pin so-and-so exchanges, others would target Binance and CZ. Those days are back. Coinbase exchange just recently HYPE Coin He announced that he would list it. While Binance FUD is so much on the agenda, while FUD benefits Hyperliquid and other rival exchanges the most, Coinbase exchange lists the token of its rival Hyperliquid, as we are not accustomed to.
CZ just wrote the following right after the HYPE listing announcement;
“I became poor again. 😂
(The last time I posted this, bitcoin dropped from $67,000 to $30,000. It turned out well in the end.)
While BTC is running into double-digit losses, HYPE Coin is above $32 despite all this destruction, supported by Binance FUD, commodity volatility and token burn. It would be fair to say that HYPE Coin investors did not feel the collapse.
