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ALΞX
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I don’t know why people give $
ETH
a hard time. It’s the best coin ever.
You just buy it between $1K to $2K and sell it at $4K and repeat until it stops working.
#ETH
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Two rich ugly overweight guys that didn’t get enough love from their dads and have a massive chip on their shoulder are fighting. Interestingly $BTC is still over $100K and is still designed to free you from enslavement at the feet of these false idols.
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The pros of crypto is that it removes barriers to entry. The cons are that it removes barriers to entry. But in the end capitalist systems and the market will do their thing and create new forms of distributed market efficiency.
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Why is PumpFun raising $1B at a $4M FDV? The answer is simple; because they can. I’d do the same if I was them. This industry is all about greed and extraction. They’re just better at it than everyone else. Can’t hate on that.
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Going to be interesting to see how the $BTC monthly closes. What looked bullish could risk turning somewhat bearish in the final hours.
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Undisclosed paid shills have been a big issue in this space. Thankfully we now have these mindshare products. They provide an excellent and transparent list of those lacking credibility that we should block and ignore.
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