#PeckShieldAlert $MIM has dropped -11% to $0.8776 @MIM_Spell

via x.com/PeckShieldAlert

A stablecoin that isn't stable is just a coin with extra steps and a worse reputation. MIM doing an 11% nosedive to $0.87 means the "stable" part was always doing a lot of heavy lifting in that name. Spell has been here before and somehow the market still acts shocked every time the peg remembers it has options.

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💀 The Damage · 🔗 Read