The $915k Depegging: Why BLC’s 99% Collapse Exposes the Algorithmic Stablecoin Lie
On a seemingly ordinary Monday, BLC, the algorithmic stablecoin of the 42DAO...
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$63,097.4 | -1.04% |
|
ETH
Ethereum
|
$1,869.07 | -0.92% |
|
SOL
Solana
|
$72.98 | -1.10% |
|
BNB
BNB Chain
|
$579 | -2.36% |
|
XRP
XRP Ledger
|
$1.06 | -0.78% |
|
DOGE
Dogecoin
|
$0.0701 | +0.56% |
|
ADA
Cardano
|
$0.1753 | +2.45% |
|
AVAX
Avalanche
|
$6.35 | -1.90% |
|
DOT
Polkadot
|
$0.7716 | +1.30% |
|
LINK
Chainlink
|
$8.11 | -1.83% |
Fear
Market Sentiment
Team and early investor shares released
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
92 million ARB released
Block reward halving event
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Bitcoin Season
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