CRASH
$ESPORTS crashed -93% in a single day, wiping out over $110 MILLION in market cap and liquidating $4.72 million in longs.
There is a speculation that the majority of $ESPORTS supply was controlled by the team.
Here's how it happened:
- 60M tokens were quietly unlocked from a team-controlled multisig wallet.
- Connected wallets then dumped 178-197M tokens at once, which is 43% of the entire circulating supply.
- They cashed out roughly 19,049 BNB ($12.7M -$13.6M) into the liquidity pools.
- The selling wiped out all buy liquidity and sent the price toward zero.
Retail was left holding a token worth almost nothing.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
$ESPORTS crashed -93% in a single day, wiping out over $110 MILLION in market cap and liquidating $4.72 million in longs.
There is a speculation that the majority of $ESPORTS supply was controlled by the team.
Here's how it happened:
- 60M tokens were quietly unlocked from a team-controlled multisig wallet.
- Connected wallets then dumped 178-197M tokens at once, which is 43% of the entire circulating supply.
- They cashed out roughly 19,049 BNB ($12.7M -$13.6M) into the liquidity pools.
- The selling wiped out all buy liquidity and sent the price toward zero.
Retail was left holding a token worth almost nothing.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
This young lad has more of a backbone than the majority of Parliament.
He is the future of Britain.
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He is the future of Britain.
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US inflation is persistently running above the Fedβs target:
US PCE inflation has surged +28.5% since February 2018, to an all-time high.
Had inflation run at a steady 2% target, it would have risen +17.4% over the same period.
In other words, the current path overshot the target by +11.1 percentage points.
The gap began to widen in 2021 following massive economic stimulus in response to the pandemic and near-zero interest rates in 2020 and 2021.
As a result, PCE inflation has been above the Fed's 2% target since April 2021, spanning 60 consecutive months.
The most recent reading for March stood at 3.5%, the highest since June 2023.
Inflation in the US remains way too high.
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US PCE inflation has surged +28.5% since February 2018, to an all-time high.
Had inflation run at a steady 2% target, it would have risen +17.4% over the same period.
In other words, the current path overshot the target by +11.1 percentage points.
The gap began to widen in 2021 following massive economic stimulus in response to the pandemic and near-zero interest rates in 2020 and 2021.
As a result, PCE inflation has been above the Fed's 2% target since April 2021, spanning 60 consecutive months.
The most recent reading for March stood at 3.5%, the highest since June 2023.
Inflation in the US remains way too high.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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NOW: VP JD Vance has arrived at the Wreath Laying Ceremony at Arlington National Cemetery, honoring our fallen heroes
A bunch of deranged leftists tried screaming at the motorcade, so Secret Service blared their siren to drown them out.
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A bunch of deranged leftists tried screaming at the motorcade, so Secret Service blared their siren to drown them out.
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THEY CHANT βDEATH TO AMERICAβ FOR YOU BUT WANT AMERICA FOR THEIR OWN CHILDRENβ¦
The Islamic Regime in Tehran hates the West, unless its own children are living thereβ¦
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The Islamic Regime in Tehran hates the West, unless its own children are living thereβ¦
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If you ask humans to pick a random number, they don't produce a uniform distribution of numbers.
Like humans, AI disproportionately picks some numbers and avoids others.
How odd!
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Like humans, AI disproportionately picks some numbers and avoids others.
How odd!
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LAYOFF ALERT: WIX
Wix made coding websites optional.
AI has now made Wix optional.
The Israeli tech giant just cut 1,000 jobs (20% of workforce). Largest in company history. Stock down 50% YTD.
Has vibe coding killed Wix, or can they pivot fast enough to survive it?
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Wix made coding websites optional.
AI has now made Wix optional.
The Israeli tech giant just cut 1,000 jobs (20% of workforce). Largest in company history. Stock down 50% YTD.
Has vibe coding killed Wix, or can they pivot fast enough to survive it?
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LAYOFF ALERT: LOS ANGELES UNIFIED SCHOOLS
KAREN BASS'S LEADERSHIP JUST VOTED TO CUT 6,000 JOBS
IT workers, office staff, parent support teams. Gone by June 30. Thousands more coming. $3.6 billion deficit over three years.
This is not a budget problem. This is a leadership problem. Karen Bass watched LA burn, watched the schools collapse, and now hard working people are being laid off.
The second largest school district in America is bleeding out on her watch.
LA primary is in 10 days. The data says SpencerPratt.
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KAREN BASS'S LEADERSHIP JUST VOTED TO CUT 6,000 JOBS
IT workers, office staff, parent support teams. Gone by June 30. Thousands more coming. $3.6 billion deficit over three years.
This is not a budget problem. This is a leadership problem. Karen Bass watched LA burn, watched the schools collapse, and now hard working people are being laid off.
The second largest school district in America is bleeding out on her watch.
LA primary is in 10 days. The data says SpencerPratt.
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THIS SHOULD BE LAW IN AMERICA.
Simple idea: Companies doing mass layoffs must publicly disclose the full VISA/US Citizen status breakdown of everyone laid off.
This should be a bi-partisan issue. It's transparency only.
IF YOU HAVE NOTHING TO HIDE, PUBLISH IT!
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Simple idea: Companies doing mass layoffs must publicly disclose the full VISA/US Citizen status breakdown of everyone laid off.
This should be a bi-partisan issue. It's transparency only.
IF YOU HAVE NOTHING TO HIDE, PUBLISH IT!
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π―6
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THEY VOTED BREXIT TO SLOW IMMIGRATION.
THE UK WORKFORCE ADDED MILLIONS OF FOREIGN WORKERS ANYWAY.
The only thing that changed was the flag on the passport. Polish workers slowed down.
Indian, Nigerian and Pakistani workers replaced them instantly.
Where do we go from here?
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THE UK WORKFORCE ADDED MILLIONS OF FOREIGN WORKERS ANYWAY.
The only thing that changed was the flag on the passport. Polish workers slowed down.
Indian, Nigerian and Pakistani workers replaced them instantly.
Where do we go from here?
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Happening now at Arlington National Cemetery: POTUS lays a wreath at the Tomb of the Unknown Soldier in honor of Memorial Day
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One of my favorite COVID memories was this guy going off on me because I woke his girlfriend up and she broke up with him after this comment
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BREAKING: Trump is now single handedly responsible for 27.7% of the national debt.
This is dramatically more than any President in American history.
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This is dramatically more than any President in American history.
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