Bloomberg Crypto
Bloomberg Crypto
Bloomberg and iHeartPodcasts
The Hunt For Zombie Coins
17 minutes Posted Jul 13, 2022 at 9:00 am.
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Show notes

If you want an example of the intense optimism of certain crypto investors, here’s one: Some investors are still buying the token known as Luna Classic, which has flatlined towards zero in the aftermath of the collapse of the TerraUSD stablecoin. Why are people so willing to buy up zombie coins? In this episode, Bloomberg  senior editor Mike Regan and Bloomberg reporter Misyrlena Egkolfopoulou stop in to discuss the motivations of these risk-takers. 

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