[Taklimakan Blog] Billionaire Mark Cuban Suffered a Loss on the Collapse of the Titan Token to 0
The cryptocurrency depreciated in less than a day. Probably what happened is related to the flaws in the project tokenomics.
Billionaire Mark Cuban suffered a loss due to the collapse of the Titan token from $60 to $0 in less than a day. The owner of the NBA basketball club “Dallas Mavericks”, which was one of the providers of altcoin liquidity, tweeted that he suffered along with the others.
“I suffered like the others. The craziest thing is that I went out deciding that they were increasing the number of funds under management enough. And then bam, Cuban wrote. Until he explained in more detail what happened and his losses.
Cuban wrote about the Titan token on his blog on June 13th. The billionaire revealed that he is providing liquidity for the QuickSwap decentralized exchange. Cuban warned that he could withdraw his funds at any time and noted the high risks of this way of earning.