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$GFI DUMPED 99.8% - VCS ARE NOT YOUR FRIENDS ๐ฅ
Over 60 projects backed by premier VC a16z have gone to zero. Goldfinch ($GFI ) is the latest: $25 million from a16z, $50 million user funds burned, token down from $32.94 to under $0.07. That's a 99.8% drop.
The same pattern played out with $LUNA and $USTC โ a16z pumped $150 million in Series B, then $40 billion evaporated in days. Even Coinbase cost them nearly $3 billion.
These funds aren't protecting retail. They're exit liquidity. Are you still chasing VC bags or watching from the sidelines?
Not financial advice. Always manage your risk.
#GFI #LUNA #CryptoCrash #VCRisk #Bearish
๐ฅ
$GFI DUMPED 99.8% - VCS ARE NOT YOUR FRIENDS ๐ฅ
Over 60 projects backed by premier VC a16z have gone to zero. Goldfinch ($GFI ) is the latest: $25 million from a16z, $50 million user funds burned, token down from $32.94 to under $0.07. That's a 99.8% drop.
The same pattern played out with $LUNA and $USTC โ a16z pumped $150 million in Series B, then $40 billion evaporated in days. Even Coinbase cost them nearly $3 billion.
These funds aren't protecting retail. They're exit liquidity. Are you still chasing VC bags or watching from the sidelines?
Not financial advice. Always manage your risk.
#GFI #LUNA #CryptoCrash #VCRisk #Bearish
๐ฅ
Over 60 projects backed by premier VC a16z have gone to zero. Goldfinch ($GFI ) is the latest: $25 million from a16z, $50 million user funds burned, token down from $32.94 to under $0.07. That's a 99.8% drop.
The same pattern played out with $LUNA and $USTC โ a16z pumped $150 million in Series B, then $40 billion evaporated in days. Even Coinbase cost them nearly $3 billion.
These funds aren't protecting retail. They're exit liquidity. Are you still chasing VC bags or watching from the sidelines?
Not financial advice. Always manage your risk.
#GFI #LUNA #CryptoCrash #VCRisk #Bearish
๐ฅ
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