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DRIP Drains to All-Time Low
Are you familiar with the concept of a half-life?
It is a scientific term used in reference to radioactivity, referring to the interval of time required for one-half of the atomic nuclei of a radioactive sample to decay (change spontaneously into other nuclear species by emitting particles and energy), or, equivalently, the time interval required for the number of disintegrations per second of radioactive material to decrease by one-half.
I’m not a scientist, but I have followed this cult-like crypto that people either love and shill to the bitter end or recognize for what it truly is — a scheme.
I cannot help but contemplate the price of a DRIP token in terms of its half-life.
True, it has dropped by far more than half since hitting its all-time high of $169 six months ago. That is more like a 97% drop.
DRIP had fallen hard to around $55 four months ago in March. Two short months after that, I wrote a popular story about DRIP…