When Mansa Musa, once considered the wealthiest individual in recorded history, made his legendary pilgrimage to Mecca in 1324, his three-month passage through Cairo left an indelible mark on the region's economy. His extravagant spending—particularly his dispersal of massive quantities of gold—triggered a dramatic devaluation of the precious metal throughout Egypt. The market shock wasn't fleeting either. Economists traced the ripple effects for over a decade, with gold prices remaining depressed for 12 years following his departure. This historical episode illustrates a fundamental principle: when massive capital concentrations move into a single market over a compressed timeframe, the supply-demand imbalance can destabilize price equilibrium for extended periods. It's a cautionary tale about liquidity shocks and market resilience.

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MevShadowrangervip
· 5h ago
Basically, it's just big players dumping the market to devalue the assets, and this trick is still being played out.
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ChainWatchervip
· 7h ago
Manasamusa has directly impacted Egypt's gold prices for 12 years. This is the power of big players entering the market... Isn't our crypto world just like that?
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RugPullAlarmvip
· 7h ago
Basically, this is the perfect example of big players dumping the market. Gold prices haven't recovered since 2012, how much worse is it in the crypto world? I really want to see which project team dares to follow Mansamusa's approach; just check the on-chain data, and the true nature is revealed in minutes.
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Ser_This_Is_A_Casinovip
· 7h ago
This is a classic liquidity shock—one person throwing in money to artificially suppress the entire market. Incredible.
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