
Another Day Another Dumbass Crypto Scheme
Alright Morty listen up. Seems like that orange faced… *burp*… ex president Trump thought he could just waltz into the crypto game with his USD1 stablecoin. Newsflash Donny: the universe doesn't give a rat's ass about your ego. Apparently this thing's flatter than a two dimensional universe and about as popular as a Szechuan sauce shortage. Kaiko's data shows it is a big fat nothing burger. Like seriously Morty even *you* could've seen this coming.
PancakeSwap? More Like Pancake FLOP!
So this USD1 thingy had a brief moment of… *burp*… glory on PancakeSwap. Yeah you heard me right. PancakeSwap. It sounds as credible as a Jerry's attempt at interdimensional travel. Volume spiked to a whopping $14 million which in the grand scheme of the multiverse is about as significant as a fart in a black hole. Meanwhile on Binance it's just limping along barely scratching $8 million. Pathetic. I've seen more action at a Cronenberg convention.
Whale Hello There! (But Seriously Where's the Demand?)
And here's the kicker Morty: turns out most of the liquidity is controlled by like three wallets. Three! That's less than the number of brain parasites Summer once accidentally ingested. Kaiko's saying these are 'market making wallets' which is just fancy speak for 'Trump's team propping up their own garbage'. It's about as 'organic' as those genetically modified tomatoes Rick Prime keeps in his lair. Where's the real demand Morty? Where's the *burp*… real demand?!
Junior's Delusions of Dollar Hegemony
Oh and get this Morty. Trump Jr. is out there yapping about how USD1 will 'save dollar hegemony'. *Burp*… Yeah right. That's like saying Jerry's going to single handedly solve interdimensional diplomacy. He's pointing to Tether and Circle but those guys are actually y'know *used* by people. This USD1? It's just another shiny distraction for the gullible rubes who think Trump's still their savior. "Strategic asset" my ass!
Ripple Effect? More Like a Puddle Effect!
Even Ripple's new token RLUSD is outperforming this thing by a lightyear. They're pulling in $50 million a day on centralized exchanges. USD1 is still languishing in the crypto equivalent of a Kmart bargain bin. No institutional partners no incentives just… *burp*… the faint scent of desperation. It's like watching a Gazorpazorpfield try to compete in the Olympics. You just know it's gonna end badly.
Orgy of Corruption Anyone?
And of course there's the whole meme token fiasco. Dinner with Trump for the top holders? Elizabeth Warren's calling it an 'orgy of corruption'. And she's not wrong. Billions in gains for the top wallets billions in losses for the poor schmucks who thought they were getting in on something legit. It's the same old story Morty. Wealth concentrates and the little guy gets screwed. And people still think crypto's gonna fix this… *burp*… Oh the irony! Time to get Schwifty in here Morty! Or maybe grab some Blips and Chitz. This whole crypto thing is giving me a headache.
Comments
- No comments yet. Become a member to post your comments.