The core of the altcoins’ outperformance against BTC in Nove | thedefivillain on Binance Square

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The core of the altcoins’ outperformance against BTC in November actually lasted... 13 days.

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To get a sense of the risk involved in the MSTR trade, think of it as a 1.2x-1.3x BTC levered long that only gets liquidated if BTC trades below the liquidation level for like 4 years in a row

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Bought a lil bit of XMR just because it feels right Slowly creeping up, gives low downside vibes, is genuinely useful, pristine asset

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If you pico-sniped the tariff lows on $TIA, congrats king, you are now up +19% 👍

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Similar magnitude move up on $BTC as in November, but this time we have WAY less froth on altcoins Few examples of stuff that happened in Nov-Dec : - $PNUT to $2.4bn in a few days - $XRP from $60bn to $300bn FDV in 3 weeks - $TRX 2x'ing in a day to almost $40bn MC - $GOAT was a $1bn coin and several on-chain coins were reaching $300M+ market cap - Dead coins like $IOTA went up 6x in a month

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$BTC up +50% to a new ATH basically in a straight line Most altcoins barely moved On-chain coins capped at $20M mcap Zero froth It all feels a bit strange

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