Crypto projects told to delay new coins due to “Alameda Gap”
New projects have been advised to put off their new token launches until market conditions improve — but this could take until next year.
Cryptocurrency news by Protos · Protos
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Show Notes
New crypto projects have been advised to postpone their launches by up to six months after the collapse of Sam Bankman-Fried’s (SBF) Alameda Research sapped liquidity across major tokens by up to 50%.
Applications tailed off toward the back end of 2022 as SBF’s major market maker imploded, taking billions of dollars in liquidity with it.
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