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Goldfinch African Crypto Lending Project Collapses, GFI Token Plunges 99.8%

Source: X Community

Goldfinch, a decentralized lending protocol focusing on African markets, has suffered a complete collapse, causing its GFI token to drop by 99.8%. The project’s failure highlights the risks in emerging market crypto lending, with potential implications for RWA tokenization efforts in the region.

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