@John_dik, Anything that dumps in that fashion is a ponzi mate. That doesn't meant it can't make new highs, it's an incredibly risky asset only to be scalped or be 1x on futures/spot.
John_dik
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@konosmgr, yea but ponzi is something else. The owner from Sushi was just stupid to sell his own tokens (12M $) but he returned them recently.
konosmgr
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@John_dik, Well yield farming is sorta a pyramid scheme. Ponzi is a tongue in cheek word play at anything in crypto that has extreme volatility and/or trends extremely hard up/down only to reverse and trend extremely hard the other way.
konosmgr
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If i had to guess, the ponzi is out of gas for now