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/biz/ - Business & Finance

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57043559 No.57043559 [Reply] [Original]

Holy shit, wtf went wrong here? There was a time when /biz/ wouldn't shut the fuck up about this token.

>> No.57043675

>>57043559
Their bridge got hacked and it all went to shit. Just another shitty L1 in a sea of shitty eth competitors.

>> No.57043743

>>57043559
>muh l1 with no distinguishing characteristics built by distinguished academics

Investors fell for the pedigree trap. Many such cases in 2017-2018, many such cases in 2021-2022.

But as >>57043675 said, after the bridge got hacked shit was fucked.

>> No.57043763

The nomad bridge hack was cataclysmic but also the only project on the chain that ever mattered, dfk, was a soft rug at worst and an inflationary shitcoin at best

>> No.57043816

>>57043763
JEWEL has almost done a 3X in the last month and is now deflationary. Not saying it's a good investment but it isn't an inflationary shitcoin.

>> No.57043819

>>57043763
>dfk
Didn't it move to avax? Is it totally dead now?

>> No.57044285

everyone itt is saying its shit and that peaks my interest. i'd be more bearish if /biz/ was calling it a buy