CRYPTOCONOMICS IN CHAOS: INVESTORS RUSH TO BUY NEW 'STABILICOIN' DESIGNED TO ONLY EVER DECREASE IN VALUE
February 4, 2025 - In an unexpected turn of events, the cryptocurrency world is abuzz with the launch of StabiliCoin, a novel digital asset designed to deflate in value. Created by an anonymous group self-titled 'The Deflationists,' StabiliCoin is, according to its founders, "a revolutionary step towards financial transparency, offering an investment guaranteed to lose value."
The unveiling comes in the wake of several high-profile scandals involving supposedly 'stable' coins that turned out to be anything but. Market experts are flummoxed, with one analyst humorously noting, "In a market where everyone’s trying to pump their coin, these folks are boldly choosing to dump theirs."
Despite—or perhaps because of—its guaranteed depreciation, StabiliCoin has attracted a frenzy of buyers eager to embrace its backward ethos.
The unveiling comes in the wake of several high-profile scandals involving supposedly 'stable' coins that turned out to be anything but. Market experts are flummoxed, with one analyst humorously noting, "In a market where everyone’s trying to pump their coin, these folks are boldly choosing to dump theirs."
Despite—or perhaps because of—its guaranteed depreciation, StabiliCoin has attracted a frenzy of buyers eager to embrace its backward ethos.