BitClout Is Dead to Me (For Now)
The rise and fall of Vine 2.0
Published in
5 min readMar 12, 2022
I was bullish on BitClout (aka DeSo).
Last December, I wrote about how it’s not a scam. The app’s currency, $DESO, had just been listed on Coinbase. This is one of the biggest online platforms for buying and selling crypto.
“With this week’s news about Coinbase, I’m confident the platform is here to stay. Whether it’ll achieve its mission and go on to disrupt the social media landscape remains to be seen.”
— Author, December 2021
The price of $DESO had risen to $180.00 and my coin price was $127.67:
Since then, things have unravelled.
The price of $DESO has fallen and coin values have tanked. Mine’s down over 94%. It’s a similar story for other users:
