One of the popular crypto traders known as @AlgodTrading or also known as Algod had recently made a prediction that Terra’s stablecoin USDT will fall drastically and now expects STEPN (GMT) to follow TerraUSDT.
Algod, Terra’s critic had pointed out that UST/LUNA is unstable and they had also bet against Do Kwon, Terra’s founder on LUNA prices staying above $88 by March 2023.
Now, the recent target of Algond is a Solana-based GMT token which has seen huge popularity this year.
Algond Asks GMT Holders To take Short position
Algod took to Twitter claiming that GMT and STEPN are offering very little value to their buyers. According to them, the program is rewarding their users for every walk and run and is too unstable and is likely to bottom soon
$gmt is the next shitcoin that will die. It's the new $axs of 2022. Will short with size at a good time. People making hundreds of dollars with walking on the expense of clueless buyers, it's absurd. — Algod
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