Chapter 409: The Coin Slaughtering Alliance

"Chairman Su, breaking news!" Liu Bo strode to Su Hao's desk and reported,
"Wall Street is buzzing with rumors. Everyone's saying those short-selling hedge funds have their eyes on 'Luna' and 'Terra'!"
In the dark forest of the capital market, hunters typically fall into two categories.
One is the cunning old fox, who likes to lurk in the undergrowth, slowly building their position, remaining silent until their prey reveals a weakness before launching a fatal attack.
The other is the reckless brute, making a big show of it, wanting the whole world to know they're coming to fight.
This type isn't usually truly reckless; they're playing psychological warfare.
Their goal is to use overwhelming momentum to terrify all investors in the market.
Ideally, they'll also incite a large number of opportunists to dump their holdings, turning a hunt into a devastating feast.
That's called momentum, that's called a calculated strategy.
"Stella is a living example. Those institutions shorting Stella, weren't they all openly trading, practically broadcasting it globally?
Of course, sometimes they overplayed their hand, getting hammered by Jack Ma and losing everything;
But sometimes, they really did make a fortune."
Yes, Stella is the epitome of something that carries an aura of mockery, Wall Street's ultimate toy, an arena where retail investors come and go in droves.
The financial derivatives in the market have become incredibly sophisticated, ranging from ETFs betting on Stella's stock price plummeting to contrarian products specifically designed to bet on the aforementioned short-selling ETF going bankrupt.
The entire market is a paradise, or rather, a hell, built on dopamine and adrenaline.
"Plus, social media and forums are so prevalent now, especially in the crypto world, a rough-and-ready arena. Who's manipulating the market for short selling, who's supporting it—with a little digging, you can find out their dirty secrets."
Liu Bo continued his analysis,
"Most importantly, the crypto market is an undefended battlefield, inherently vulnerable to malicious attacks."
So everyone just stops hiding their true intentions. Since they'll be exposed eventually anyway, they might as well enter the market with fanfare, creating as much noise as possible and setting the tone.
In the stock market, if a stock gets overhyped, at least there's a "cooling-off period" to give you a break.
But there's no that in the crypto world.
There are no brakes, no seatbelts. It's either flooring the gas pedal and heading straight for Mars;
or plummeting headlong into an abyss.
Heaven to the left, hell to the right.
A choice between two options; there's no middle ground.
This place is practically the perfect playground for financial giants, and a hellish arena for countless retail investors.
"The 'Luna' and 'Terra' project teams, ever since we rejected their launch, seem to have hired some small media outlets to write smear articles about us, but it's been to no avail.
On the contrary, the truly mainstream media outlets have now turned their guns on them, giving them a thorough beating!"
Su Hao's eyes sharpened: "It seems those short sellers started their pre-emptive maneuvering?"
"Absolutely!" Liu Bo affirmed. "This isn't just a hint; it's a blatant declaration of war! They're telling everyone:
'I'm about to make my move. You either get rich with me, or you die with that pile of garbage data. The choice is yours!'"
Su Hao felt a ripple of unease. Just how much ammunition did these guys have prepared to dare to be so arrogant?
Instantly, the market was in an uproar, with rumors flying everywhere.
Some said that dozens of short-selling funds had formed a "coin-slaughtering alliance";
Others said it was nothing more than a bluff, an extreme act of extortion.
"Anyway, as soon as the rumors started circulating, the market price began wildly fluctuating, like it had Parkinson's."
"How's the project team's defense?"
"Not bad, they're just holding on. To keep the value of 'Terracoin' from falling below $1, they're frantically issuing 'Lunacoin' to maintain stability."
"So...do you think they can hold on?"
"Given this tense atmosphere, I feel that once the real attack hits,"
Liu Bo's expression turned serious, "it might trigger a 'death spiral.'"
Death spiral!
One of the most terrifying terms in the financial world.
It refers to panic selling triggering even larger-scale panic, a chain reaction, layer upon layer, ultimately forming a massive vortex that devours everything, pulling everyone in until the price completely collapses, with no chance of recovery.
“That depends on the founders’ courage,” Liu Bo added.
“As long as they withstand the first wave of attacks, even with drastic price fluctuations, as long as they’re willing to pour money in, risking their entire fortunes and lives, and fight to the death, it’s still possible to stabilize the situation in the end.
They might even be able to use this battle to further solidify their foundation.”
In short, the future of these two coins is in the hands of the founding team.
“Logically speaking, usually, those who run these kinds of projects, once they’ve made enough money, don’t care about the consequences; they’ve already cashed in and run away.
But Luna and Terra involve such a massive amount of capital, with a total market capitalization exceeding four hundred billion US dollars.
If someone dares to run away with such a huge sum of money, the resulting tidal wave would have unimaginable consequences.”
“Indeed,” Su Hao nodded.
"Yes, if such a huge system collapses, government officials from all countries can't just sit idly by. Imagine the social unrest that would cause!
The founding team can't possibly be unaware of this, so they'll definitely fight to the death."
Logically, that makes sense. Who would be foolish enough to play the game of running away on a $40 billion powder keg?
However, when Su Hao's gaze returned to the "Terracoin" candlestick chart, that familiar, unsettling intuition resurfaced.
A death spiral, swirling with a stagnant, murky black aura, thick as an impenetrable swamp, was slowly forming in its center.
The death spiral had quietly begun.
"How's the preparation for our own coin going?" Su Hao changed the subject.
"Oh, the development team is working like crazy. We've recruited top-tier talent, so development is progressing very quickly. It should be launched soon."
"In addition, the marketing department has also prepared a marketing plan. Users holding our 'Fanghuan Coin' will enjoy exclusive discounts when using services on all platforms under our group."
"What about the annualized interest rate?"
"For the first batch of users, the annualized interest rate will be 7% in the first year, and then it will stabilize between 3% and 5%.
After all, our goal is not to use extremely high interest rates as bait, but to revitalize the entire Fanghuan ecosystem and increase user stickiness."
"Now that you mention it, it sounds a bit like running a game currency," Fanghuan laughed.
That's right, just like buying equipment in a game, you first need to recharge to obtain in-game currency.
Fanghuan Coin works on roughly the same logic.
"Haha, then in the future, if Chairman Su acquires any game company, you can just use our coin as game currency, wouldn't that be great?"
Acquire a game company? Su Hao was intrigued by this idea.
Speaking of which, Fanghuan Investment has never actually ventured into the game industry.
The game he himself often plays has had some rather poor recent updates, causing players to complain...it's a bit of a rip-off.