It was a cruel spread for the crypto market and crypto investors struggled to curb their sentiment.
The collapse of market capitalization in this sector was led by one of the most popular US dollar peg stablecoins, terraUSD, and exploded virtually overnight.However Bitcoin When EthereumHowever, there was a significant price drop from the recent bull market highs.
The cultural icon known for touching emotions, and Deepak Chopra, known for its recent expansion into NFT spaces, investors can’t ignore the recent collapse of the crypto market, but beyond that. You should be able to see it.
“The crypto world is at stake and we’re losing trillions of dollars. We’re in a bear market,” Chopra recently told CNBC. At “VeeCon” by Gary Weinachuk in Minneapolis..
“Now is the time to think in the long run in these financial markets, including cryptocurrencies. There is the greatest diversity of people creatively hanging there, complementing each other’s strengths and of some sort of spiritual and I think the emergence will occur when we have an emotional ecosystem, they can help each other and that’s happening now in the crypto community, “Chopra said.
Deepak Chopra, co-founder of the Chopra Well-Being Center and founder of the Chopra Foundation.
Adam Jeffrey | CNBC
It’s unclear if a recent rout indicates the next rout “Crypto Winter” — The periodic multi-year bear market in the crypto asset class — The decline in trading volume on crypto exchanges is one sign that we may be heading in that direction. The last so-called crypto winter took place between 2018 and 2020 as the value of the crypto currency plummeted and layoffs were widespread.
There are over 19,000 cryptocurrencies and dozens of blockchain platforms. This is the underlying technology of cryptocurrencies. Not all surviveAnd some crypto industry leaders expect The era of “creative destruction” Wipe out many players.
Mark Cuban, who recently became a major investor in blockchain-based technology Compared crypto crash “The calmness that the Internet has passed through” during the dot-com bubble. He tweeted that there were too many impersonators there. “Chains that copy what everyone else has will fail,” Cuba tweeted. “Not all chains need NFTs or DeFi.”
Earlier this year, the Chopra Foundation partnered with a crypto crowdfunding platform. Earth Fund Launching a collection of NFT tokens aimed at helping people achieve mental and emotional health. According to a March statement, token holders will receive rewards that will allow them to “crowdfund the national treasury and, as a community, determine which mental health projects will get the money needed to make a difference.” I can do it.
The Chopra Foundation also participates in Hollywood actresses Emilia ClarkeThe SameYouNFT initiative was launched in November 2021. It aims to provide better treatment for people who have recovered from a stroke or injury.
“We are using artificial intelligence to talk to people who are in mental difficulty. If counseling is needed, EarthFund tokens can be used to democratize welfare around the world. We do, “says Chopra. “This is the future. We want to create a global community of attention, affection, gratitude, and acceptance where people are there to support and support each other.”
NFTs are a type of digital asset created to track ownership of virtual items using blockchain technology.Earlier this week, US prosecutor publication That they are pursuing insider trading fees, including these digital assets, for the first time.
“I hope people don’t get hooked on soap opera. [of NFTs]Because the market always reflects the whimsical human mind. One day it’s up, one day it’s down, there’s a bit of news, we’re in the bull market, the next day we’re in the bad news, we’re in the bear market. “
“After all, history shows that economic development will occur because we are creative people, but we need to stay there and support each other. Now is not the time for competition. It’s time for cooperation, “he added.