@remusofmars Also add in today people have far easier access to perps via Coinbase and built directly into wallets, which wasn’t the case in 2021. Likely will make the run up much faster and more aggressive
the funniest bull case is that DOGE is purely performative (i.e cutting spending is a meme). a dance to cut spending without actually meaningfully reducing the deficit. and gradually as people realize this they'll just revert to their usual behavior
@cryptowriter This is just bc all of these are listed on the big CEXs. So new buyers transfer money from bank accounts, buy the old stuff listed on exchanges that they remember from last cycle, then eventually move their money to wallets so they can buy the new stuff on a DEX