URGENT!!! WORST COLLAPSE IN CRYPTO HISTORY EXPLAINED



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How’s it going E.T Fam? Hopefully, everyone’s week has gone well despite the current conditions of the crypto market. I know that the week is almost over, but our weekly dose of crypto drama is just starting. As the famous saying goes, when it rains, it pours….and eventually the pouring rain becomes a flood. I think it’s safe to say that we’re approaching flood levels. For those of you that have not been paying attention (and those that have) Terra has been the talk of the town.

UST and Do Kwon are facing the worst case scenario with UST losing all stability and de-pegging. This has left many influencers absolutely Rekkt. Predictably, the community is in shock and wondering if this is an attack coordinated by the government or our Wall Street frenemies. Unfortunately, this is crypto, meaning that it could be a culmination of all of the above. Plus, the drama just doesn’t end there.

Remember how I mentioned pouring rain becoming a flood? Well, that flood has made its way over to NFTland as well. Azuki has become another casualty of the crypto exposé hour. As bleak as things seem at the moment, there is also and opportunity in the midst of chaos. The smartest investors know how to build an ark to save themselves.

In this video, I’m going to cover all of the drama mentioned above and discuss what this means for the space moving forward. Be sure to tune in, because this is a breakdown that you don’t want to miss. Talk to you all soon!

00:00 – Intro
02:28 – UST demise
05:52 – The UST depeg thread
09:25 – A case example
11:03 – How to make $800 million in the crypto markets
15:20 – UST de-pegging
17:35 – What’s the lesson
20:06 – Zagabond and Azuki fall
22:39 – Opportunities arise
26:07 – Outro

#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR

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25 thoughts on “URGENT!!! WORST COLLAPSE IN CRYPTO HISTORY EXPLAINED

  • May 18, 2022 at 12:39 am
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    Partially backed algorithm stable coins have no place in the financial world. This was a digital pyramid waiting to collapse.

  • May 18, 2022 at 12:39 am
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    This BTC crap is so expensive to run and maintain today, that the miners need a whopping price of at list $33000 to cover their daily expenses. There is no any future for this crap…..a compound debt accumulation into the system will bring this old BTC Dinosaur to its grave yard….We need more and more new investors losers just to keep the buzz….

  • May 18, 2022 at 12:39 am
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    I believe Ellio other YouTubers, and def Wall Street knew about UST. Not hating bc you can’t save everyone, but sold at 98 cents?!? That’s too sus (pun intended lol). Hope everyone is doing well. Stick in there!

  • May 18, 2022 at 12:39 am
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    The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are making profits without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.

  • May 18, 2022 at 12:39 am
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    Hubris, multiplied by greed generally renders poor perceptive judgement. This catastrophic investor trauma is not unusual in decaying ponzi artifices. It is not like this sector was building anything, other than unvarnished hyper boasted gains during its long upward ascent. Yes … compassion is commendable, but heard little or no compassion, or charity by anyone on the rapid ascent of the entire crypto ecology. Appreciate the softer sentiments though.

  • May 18, 2022 at 12:39 am
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    I'm loving the #veve Disney, Marvel, Star wars, Superman, Batman,etc NFTs .. veve is something much different and very nice quality product

  • May 18, 2022 at 12:39 am
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    Bro u talkin too much
    Work on Imposter and Fix the mint price instead of talking shit

  • May 18, 2022 at 12:39 am
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    The USD master's attack and destroy countries for ditching USD. How can we believe that they will keep quiet seeing cryptos like UST threatening their Monopoly. I think UST/LUNA was attacked benefiting the USD master's in two ways…..first they destroyed UST, secondly they successfully brought the whole crypto market to it's knees (Both of these are good for the USD master's).

  • May 18, 2022 at 12:39 am
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    That beard looks like my pubic hair

  • May 18, 2022 at 12:39 am
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    nice video please what is the best way to start cryptocurrency investments and get good profits. I've been doing my personal research for a while now and I still don't know where to start.

  • May 18, 2022 at 12:39 am
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    Thanks for this content Ellio. Great explanation of things. And as usual u r a voice of reason in chaotic times 😊

  • May 18, 2022 at 12:39 am
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    I'm so sorry, I wish that there was something I could do personally to fix the problems- Carderpio

  • May 18, 2022 at 12:39 am
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    I am such a novice, newbie, but I also have had a lot more rotations around the sun than most of your audience and my OLD school nostrils kept smelling something like a rat. Or was that a skunk. Call it instincts but instincts are born from lived experience. There very well may be other reasons for the crash, but this old lady's spidie senses keep say, somebody MADE this happen. TO big TO fast. This down turn, even for volatile crypto, don't feel normal.

  • May 18, 2022 at 12:39 am
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    Mia Khalifa twitter news in the background lolwhen talking about Azuki

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