Will Celsius crash, as Terra Luna did, by the end of 2022?
16
Ṁ104Ṁ661resolved Jul 15
Resolved
YES1H
6H
1D
1W
1M
ALL
Last month, the Terra Luna cypto crashed to an all-time low and its UST stablecoin lost its peg; it is now regarded by many as a revealed ponzi scheme. A number of commentators have speculated that the Celsius Network was a feeder fund for the same ponzi scheme and is likely to suffer the same fate in the near future, eg:
https://twitter.com/patio11/status/1536067676849680384
This market will resolve YES if Celsius suffers a large 'crash' (>80% of 'value' lost, is widely delisted, or other similar massive negative events) by the end of 2022, and NO in all other cases.
This question is managed and resolved by Manifold.
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Just in case people were wondering why this hasn't been resolved yet - the CEL-PERP contract on FTX (which is a reasonable 'futures' contract for Celsius) is actually UP over 900% since this market was opened. While I am personally convinced that this is as scammy as it comes, public reality hasn't yet handed down a definitive verdict.
@Gigacasting definitely looking that way to me. But I'll hold off on resolution until the dust settles.