AXS / TetherUS
Short

AXIES DUMP INFINITY PONZI COLLAPSE

427
Axie Infinity is a pyramid scheme collapsing.

That's a Ponzi in the collapse phase. Their Smooth Love Potion token is down 90% and in a screaming dive, and their Axie token is down more than 90% from peak. That one is going to hurt a lot of poor people in the Philippines. Many quit their jobs to play Axie's play-to-earn game. All the money comes from later entrants, so it's a Ponzi by definition.

Stay safe

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