There have been a lot of market movements recently. First, the aftereffects of the October plunge are still unfolding. It is rumored that a major market maker was heavily impacted, with initial speculation pointing towards GSR, but GSR later issued a statement denying the rumors, stating that their business operations are normal.
What’s even more heartbreaking is that Legion’s new listing project Almanak completely failed to debut. The project was launched with a valuation of 90 million USD, with an initial offering price of 0.09 USD. But what happened? Since listing, it has fallen below 0.034
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