Duckerberg's Diary: Day 132 [13 November 2022]
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Duckerberg's Diary: Day 132 [13 November 2022]

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2 years ago

Duckerberg's Diary: Day 132 [13 November 2022]
GM, Duckers.
GM, dear people from the future.
I’m Mark Duckerberg, and this is my entry #19 on this journal.
It’s been a terrible week for the cryptocurrency world. Nothing to do with Duckereum. The world’s largest centralized exchange after Binance, namely FTX, declared bankruptcy, with billions of dollars of assets belonging to their customers gone. The entire cryptocurrency market collapsed, with Ethereum falling from $1600 to $1100 in a matter of days. Ducker has therefore naturally fallen in value, as its liquidity is coupled with Ethereum, but it has held up quite well. Moby testing his army, the fifteenth meme contest underway, and … degenerates from the Chainlink community joining the project! A look back at a heavy week.

The 15th meme competition

We are following our new rhythm of doing a meme contest every two weeks, and doubling the prize. The fifteenth meme contest is still running at the time of writing, and its theme is “Ducker is the new Doge”. In next week’s entry I will be able to show you who the winner is, who will then have won 50,000 duckers....

The FTX scandal

The purpose of this diary is not to comment on crypto news, but to describe as objectively as possible the progress of the Duckereum adventure. But, when a news is so serious and so heavy with consequences for the whole cryptocurrency ecosystem, I can’t not talk about it. You who read this in the future will have a better idea of the context we are in today....

Ducker holds up well

Despite this meteorite hitting the crypto world hard, Ducker is doing quite well. Obviously, its value has dropped, but much less than some of its “competitors”. The excitement of the last few days still remains, and Tony’s thread continues to appeal to many people. As I write this, we are still above the million dollar market cap, and for the first time in months, we have passed the symbolic 1,000 holder mark again. 1,009 to be exact....
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