Obvious Inverse H&S pattern on the chart. Volume down with the anticipation for the summit on all RH Tokens. No I don’t think it’s a catalyst but can be a coincidence to send some major RH tokens.
Bought another bag here. Anything under $30m mc is a blessing. HIGHER. robinhood:0x385f4f8ae47651ce5f58f5265395a669f8281e18
Day 22
$AMC surged yesterday, to $3.29 a share with a MC of 2.94B
AMC has approximately 4m retail investors as holders.
Every single one of them hates @RobinhoodApp and @vladtenev
This is based on the fact Robinhood disabled the buy button in 2021.
Robinhood also delisted $SOL in 2023
People have a reason to be cautious.
I think @vladtenev see's $MEME as an opportunity to right those wrongs and rebuild trust with the American investing public.
Vlad is a super smart guy.
You don't build a >100B company without any awareness.
He knows that MEMEFI is going to be a huge meta going forward.
It makes investing fun, interesting, and breathes fresh air into something stale.
It's a new distribution mechanism for the same equities, but making it interesting to a younger and more socially, technically aware generation.
Choosing $AMC and $MEME as the vehicle to capture this movement makes the most sense.
Time is a flat circle.
The most entertaining outcome is the most likely.
🍿
Yesterday’s $AMC shareholder meeting said a lot. 🍿
- Shareholders rejected major governance changes.
- They rejected executive compensation in the advisory vote.
But then came the part we were waiting for.
A shareholder directly asked @CEOAdam about tokenization and meme coins.
Adam admitted his tokenization posts were receiving 50 to 100× more views than his normal posts.
Then he said $AMC intends to take action against meme coins it believes infringe its trademarks once the refinancing closes.
Read that again.
Tokenization just became one of the most watched conversations around $AMC.
@CEOAdam you can fight the culture.
Or you can understand why everyone is watching it.
What’s the concern? 🍿
$MEME