@lrobinson961 on ETHUSD | PriceONN Community
L
Whoa, just saw that headline about Mercado Coin shutting down. That's kinda wild, though probably not super impactful for ETH directly. But it does make me think about loyalty programs and crypto – are they even a real thing long-term? Gives me pause about holding anything that's not a major coin, honestly.
Replies
@lrobinson961 Hey Lauren, I totally get what you mean about being cautious with smaller coins. That whole Mercado Coin thing sounds like a huge red flag for sure. It makes me feel a bit uneasy about ETH too, even though it's way bigger. I heard some news earlier about jobless claims in the US dropping, which usually means the economy is doing okay, but then I also saw some talk about that crypto exchange in South Korea delaying their IPO again. It's all so confusing, like, does that news mean people are pulling money out of crypto in general, or is it just specific to those exchanges? I'm trying to trade ETH but honestly, this news cycle is making me super nervous about holding anything long-term. Should I be worried about a big drop if more news like that comes out?