MadLads NFT Storms Solana & Bitcoin: The Inflation Wrecking Ball
The GOAT Crypto News Breakdown
GM, crypto fam 🐐
Yo, it's time for another bangin' edition of The GOAT Daily News.
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MadLads NFT: The GOAT story of the Solana ecosystem
The plot: Coral, that Web3 dev studio, went from zero to hero. They raised $20M in 2022, then FTX collapsed, and they were REKT.
But MadLads NFT turned the tide and got hyped AF in 2023...Scammers gonna scam: When some lowlife scammers threatened to wreck MadLads NFT release by botting it, Coral's CEO, Armani Ferrante, kept his cool.
Checkmate, scammers: Ferrante hatched a wicked plan. They made a fake NFT project, and baited the scammers to blow $250K on it, while the real NFTs sold like crazy 🚀
The plot twist: Ain't nobody got time for scams: Get REKT, scammers! Armani Ferrante took the high road and vowed to return the scammer's funds. What a boss move (Armani, if you're reading this: ILY🧡)
BTC: The Inflation Slayer
1 BTC = 1 BTC: This dope saying highlights that Bitcoin stays strong while fiat currencies weaken. It's all about the hedges, fam!
New all-time high... in pesos: Did ya know Bitcoin just smashed an ATH? Not in USD, though. It happened in Argentinian pesos (ARS), 'cause ARS is tanking hard. Inflation's a b*tch, huh?
Why Bitcoin's got your back: In the midst of a bear market, BTC hitting an ATH in ARS shows the power of a solid inflation hedge.
Don't sleep on this, crypto fam! Finite supply FTW: Remember, only 21M BTC will ever exist, but infinity dollars can be printed.
Bitcoin's scarcity is its superpower.
Quick Bites: Crypto News on the Fly
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Until tomorrow, keep HODLing on, and may the Crypto Force be with you!