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Ok, it is time for my brain dump. Do with it as you wish. I am a nobody.
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I only know what I have observed.

Musk begins drawing attention. Relevance and notoriety are gained. Volumes of fiat are shuffled. Millions are made. Whales are born, and outer whales are drawn in. Memes are created. Emotions cause volatility. Utility is discussed. Utility is created, and still being created. SNL happens. Whales take profits. An announcement is made... regarding transaction efficiency improvements. Coinbase releases adoption date. Whales move to lower the floor. The floor lowers. Waiting for news about transaction efficiency.

That efficiency will be necessary. Coinbase is not the alpha nor the omega, but it is a catalyst.

The whales will want new profits. They have the market volume influence to guarantee this.

Doge is not, nor will it be β€œdone.”

However, it will be utilized by whales to dump and boost. Not quite sure where the new ceiling or floor will be, but they will rise and continue to fluctuate... but the basement will no longer be .2 or .3

Buy the basement while we have it, I suppose, but at your own peril.

No risk, no reward.

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3 years ago