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Developers who have been working in the crypto industry for many years decided to make a joke of what was going on.

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"CRYPTO CRUSADERS LAUNCH 'STABILICOIN', PROMISE IT'S TOTALLY NOT ANOTHER SCHEME DESPITE VANISHING CEO"

May 18, 2025
May 18, 2025 – In an audacious bid to restore faith in the tumultuous realm of digital finance, Crypto Crusaders unveiled their latest creation: Stabilicoin. The coin, backed by the unwavering stability of unicorn dreams and pixie dust, promises to solve all prior cryptocurrency volatility. "It's like Bitcoin, but as stable as your grandmother's stock portfolio," quipped Crypto Crusader's interim CEO, who stepped in after the original CEO mysteriously disappeared during a magic show.
The launch event, held at an undisclosed virtual reality chamber, was attended by avatars of various cryptocurrency moguls and two confused alpacas.