CandleFocus ‘ShameFi’ takes over Crypto Twitter
2025-02-21
Author: Content Editor
The crypto community on Twitter has been engaging in a trend called "ShameFi," where traders shame others for selling off their tokens for fiat currency. The trend seems to have started with the Kaito Yaps token claiming event, where some users received large sums of tokens and promptly traded them for cash. Nansen AI CEO Alex Svanevik and others have been publicly outing and shaming these sellers. However, not everyone believes in ShameFi, with some arguing that it is the responsibility of projects to provide incentives for token holders to hold onto their tokens. Ultimately, the decision to sell or hold tokens depends on individual financial situations and risk tolerances.
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