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One platform for global traditional assets
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CandyDrop
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Alpha Points
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🐌 The Great #Crypto Slowdown 🐌
It’s been a rough few weeks for crypto. In just 10 days:
🕊️ 5 #major companies announced layoffs
🕊️ Multiple token launches and IPOs were delayed or cancelled
🕊️ One firm filed for bankruptcy
This isn’t random. It’s the early signs of a slowdown + consolidation phase. 🪓 Layoffs Are Spreading
#Major players cutting staff include:
🔴 (12% of workforce)
🔴 #Algorand Foundation (25% of workforce)
🔴 $OP Labs (19% of workforce)
🔴 Messari
🔴 PIP Labs (10% of workforce)
#CryptoSignals
$ALGO