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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
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1 458
Took a break from crypto today, didn't see anything interesting other than rotations between some categories
1 458
Oof not a fan of this. This will cause issues down the road.
May be great when the etf starts up but will suppress actual execution of demand during low times
1 458
Repost from Wu Blockchain News
Popular SocialFi product Friend Tech said it has identified and removed 600k accounts identified as bots from the feed's vote distribution and has been working to reduce botting. Friend Tech has been criticized for indulging in bots, and many new usersβ KEYs are purchased first by bots. β link
1 458
However in the grand scheme of things, ETH will have a massive pump and will have periods where it will simply destroy other alts in it's wake.
This will probably be the first cycle that ETH has a chance to flip BTC realistically though I think it will be a short lived flip.
This is also in the charts.
1 458
People are bearish on ETH while bullish on alt L1s
I can understand their standpoint, also chart doesn't lie
ETH looks weak and my belief is that ETH 2.0 pump bag holders are still dumping to break even
1 458
Certain CT accounts about to go MIA again after coming back out for a few minutes
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