Blaming ‚Inverse Cramer‘: Crypto Leaders Fight Financial Crisis with Wit

• The recent downfall of American banks caused a stir in the crypto world.
• Crypto traders applied the ‚Inverse Cramer‘ tactics to benefit from Jim Cramer’s public criticism of several altcoins, resulting in multiple rallies and Bitcoin (BTC) hitting the $26,000 mark.
• Prominent figures in the crypto sphere commented on the banking crisis with light-hearted and edgy takes, blaming it on printed-out fiat currencies and Do Kwon’s failed execution of a crypto-backed stablecoin.

Inverse Cramer Strikes Again

The recent downfall of American banks didn’t bypass the crypto market, as seen in the recent case of the Silvergate bank crash. Soon after, Silicon Valley Bank shares plunged after revealing that they had to sell their securities at a loss. Many leaders in the crypto space believe that CNBC’s Mad Money host Jim ‚Inverse‘ Cramer is to be blamed for this financial crisis due to his confident endorsement of Silicon Valley Bank just one month ago.

The Inverse Cramer Tactic

Crypto traders have been applying ‘Inverse Cramer’ tactics since then, enjoying multiple altcoin rallies after Jim publicly blasted Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and most recently – Bitcoin (BTC). After these comments were made, BTC broke the $26,000 line for the first time since June 2022 and surged 18% daily after FED rate announcement.

Tweets by Crypto Leaders To Lighten The Mood

Many prominent figures in the crypto sphere voiced their opinion regarding this banking crisis with both humorous and serious takes on it – all while pointing out how government labelled crypto as “super risky” despite Circle/Paxos/Tether holding collateral mostly in cash or T-bills without any setbacks occurring. Binance Boss Changpeng ‚CZ‘ Zhao laid blame on printed-out fiat currencies before adding that Do Kwon was right to make a crypto-backed stablecoin but failed miserably when executing it.


The recent events surrounding American banks crashing has left many investors feeling apprehensive about their future investments – but leaders of cryptocurrency are here to lighten up spirits with some witty tweets about this situation! Despite governments labeling cryptocurrencies as “super risky” due to past events like those involving Circle/Paxos/Tether or Do Kwon’s failed execution – people still enjoy using inverse cramer tactics to benefit from altcoin rallies!


Cryptocurrency may be deemed “super risky” by some governments but its members are here to show us why it might not be so bad after all! With its potential for multiple altcoin rallies through inverse cramer tactics – perhaps investing into cryptocurrency is more beneficial than we think!

Cardano NFTs: 8 Million Assets Sold in 7 Days, IOG Founder Raves

• Charles Hoskinson and Tamara Haassen discussed CNFTs in a recent livestream.
• Cardano NFT projects have seen high sales volumes in the past 7 days, with Goombles surpassing $1.2 million.
• ADA remains unchanged, trading at $0.33 despite climbing to the #7 rank by market capitalization.

Cardano (ADA) Founder Raves About CNFTs

The founder and president of IOG have discussed CNFTs in a recent livestream. Hoskinson has shared that NFTs are the most vibrant part of Cardano, with more than 8 million assets issued thus far and more than half being „in some way NFT-related.“

High Sales Volumes for Cardano NFT Projects

Cardano NFT projects have enjoyed high sales volumes over the past seven days. On March 6th, 2023, Goombles claimed the first spot in the ecosystem by surpassing $1.2 million in sales volume.

Marlowe & Atala PRISM Working on Cardano NFT Ecosystem

The developers behind Cardano are looking into Marlowe for an easier way to issue NFTs, while Atala PRISM is working on linking identity with NFTs for a verified standard. Tamara Haassen has noted that cross-ecosystem enablement is another opportunity for Cardano to facilitate interoperability between different marketsplaces.

Price of ADA Unchanged

At the time of writing, ADA is trading at $0.33, reflecting dips across the board despite climbing to the #7 rank by market capitalization following the live stream video discussion about CNTFS on Cardano’s network.


The progress made with regards to CNTFS on Cardano’s network shows great potential for further development within this sector – something that many members of the crypto community can benefit from as they look towards future opportunities within this space!