- Crypto podcast host expresses his disgust with the industry after a decade of being in the industry.
- CoinMamba expected the industry to be more mature and legit; unfortunately, it isn’t.
- CEO of Eight Global says that the collapsing exchanges are killing the market.
Cobie, a prominent Crypto personality and the host of the crypto podcast UpOnly, stated that he was displeased with crypto after his decade of working in the industry. Cobie unveiled that he was done with the industry in reply to Frank Chapparos’s tweet, which read, “Anyone else feels like they’re done with this space?”
Chapparo, Director of News at The Block, cryptocurrency and blockchain research and news property said that he was burnt out, and asked the crypto Twitter community whether anyone else felt the same way. This tweet from Chapparo grabbed the attention of many in the industry.
Interestingly, Sassal.eth, Ethereum educator; investor; and advisor, replied to Chapparo’s tweet saying:
If Ethereum didn’t exist I would’ve been done a long time ago. But Ethereum gives me hope for a better and more decentralized future.
Moreover, CoinMamba an investor tweeted that he expected this space to be mature and legit after nine years but regretted as nothing has changed.
On another occasion, Micheal van de Poppe, the CEO, and Co-founder of Eight Global, a cryptocurrency education platform, also stated that he too was done with the industry. In a tweet, he accused TerraForm Labs (LUNA), Celsius, and now Binance and FTX of killing the markets.
As per the words of Poppe, there seems to be turbulence in the crypto space, with many selling their FTT tokens.
FTX Token is down 74.53% in the last 24 hours, according to CoinMarketCap. Similarly, Bitcoin is also down by 10.53% in the last 24 hours and is trading at $17,637.38.
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