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jdorman81
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This is like a Y2K moment for Coingecko and TradingView when
ETH
his $10,000 by day's end... hope their systems are ready to handle 5-digit ETH
#ETH
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jdorman81
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Wall Street doesn't understand new concepts...until they do $HOOD - from hated PFOF, to beloved stock $COIN - from hated conglomerage to slightly less hated crypto proxy $CRCL - From failed IPO, to hottest IPO ever $GLXY - likely next. AI Data center powerhouse + Crypto InvBnk
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A major geopolitical event unfolded Friday, & escalated thru the weekend. Oil spiked. EM currencies gapped down. Digital assets tumbled (though in a pretty muted response compared to historically). And what do U.S. equity & debt investors get to do about it? Nothing. 👇
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Don't worry CT, this dip will be over as soon as all of those mutual funds that @jerallaire & @circle allocated $CRCL shares to start bidding for $BTC $ETH & $SOL. I mean, none of them have wallets, they don't work weekends, & they hate crypto, but still a great plan by Jeremy
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My final statement on the botched Circle IPO, with less profanity and more detail on how Circle and $USDC have become the antithesis of everything crypto stands for https://www.ar.ca/blog/circle-ipo-is-the-antithesis-of-crypto-ethos
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Pretty soon you will realize 2021 was an anomaly, not the norm. The influencers / VCs you idolize were likely one hit wonders. Highly inflationary protocols w/ massive VC unlocks & “network effects” are not going to outperform revenue producing companies w/ token buybacks.
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