Binance Futures, ByBit USDT
#TRX/USDT All take-profit targets achieved 😎
Profit: 196.1561% 📈
Period: 10 Days 1 Hours 55 Minutes ⏰

🔥Tether co-founder says Terra crash was the end for algorithmic stablcoins

Tether co-founder and first CEO Reeve Collins said there was nothing surprising about Terra's collapse and added that algorithmic stablcoins hardly have any future.

💬 "It's too bad someone lost money, though, it shouldn't have been a surprise. It's a stable coin with algorithmic backing. It's just a bunch of smart smart people got together and tried to figure out how to tie something to the dollar. And a lot of people withdrew their money in the last few months because they realized the volatility of this instrument. So this situation has had a cascading effect. This will probably be the end for most algorithmic stablcoins," he said.

For his part, Circle CEO Jeremy Allaire said UST represents a very risky foundation for stablcoin, but added that other people will still develop such assets.

Binance Futures
#CTK/USDT Take-Profit target 2 ✅
Profit: 13.3249% 📈
Period: 12 Hours 39 Minutes ⏰

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💎$ONT/USDT (LONG)
Leverage: 1-3x

STATUS UPDATE
TP 1: 0.274✅
TP 2: 0.282✅
TP 3: 0.292✅
TP 4: 0.31✅
Profit: 65.8% (3x)

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Binance Futures
#BAND/USDT Take-Profit target 4 ✅
Profit: 49.5553% 📈
Period: 5 Days 1 Hours 26 Minutes ⏰

Binance Futures
#BEL/USDT Take-Profit target 2 ✅
Profit: 86.5385% 📈
Period: 13 Hours 50 Minutes ⏰

Binance Futures
#BEL/USDT Take-Profit target 3 ✅
Profit: 99.359% 📈
Period: 14 Hours 25 Minutes ⏰

All people happy

Binance Futures, ByBit USDT
#BNB/USDT Take-Profit target 2 ✅
Profit: 15.1771% 📈
Period: 17 Hours 24 Minutes ⏰

Binance Futures
#CTK/USDT Take-Profit target 3 ✅
Profit: 18.6125% 📈
Period: 16 Hours 49 Minutes ⏰

Binance Futures
#BAND/USDT Take-Profit target 5 ✅
Profit: 65.5654% 📈
Period: 5 Days 3 Hours 50 Minutes ⏰

Binance Futures, ByBit USDT
#BNB/USDT Take-Profit target 3 ✅
Profit: 20.2361% 📈
Period: 17 Hours 56 Minutes ⏰

#BLZ +15% in few hours.

#OCEAN +10%

Bear run is not fun for them.