I remember 10/10 pretty vividly, luckily i wasn’t as exposed as most people to the market
bnb szn was on its tail end and i remember checking my phone and watching everything send to zero within minutes
Neet was hanging around 16million that day and got sold down to 10 mil within minutes
It also was the quickest coin to recover back to its original levels & higher within a couple of hours
what do you think is gonna happen when market gives us risk on indicators? especially after showing this level of strength in a bear?
neet/acc
gamble to stack more neet
I don’t really see that scenario for a lot of displaced white collar workers
i think the government may have to step in at some point and or the companies that lay them off with either stimulus checks and large severance packages
if these companies are laying of workers due to the ability to cut costs by ~40%, then this seems plausible to me
what happens when a bunch of white collar workers (who have done well historically) now are handed a year severance with all the time in the world? surely some will look to gamble to get ahead. The rise in percentage of young people investing is skyrocketing, proof is in the numbers, look at sports betting, prediction markets, crypto
i believe in the long degeneracy thesis
obviously this is an optimistic take but that’s my thought process
NEET is, for this next upcoming cycle, the equivalent to memes what remilia was for NFTs
an alive-internet-theory cult winner emerging from an otherwise soulless PnD shiftest asset class that captures the collective consciousness of ensouled market participants
Signal's to suggest that $NEET is heading to $1bn+, a short thread 🧵
1. $NEET has outperformed every crypto over a 3-6-9 month comparison window
In a time where memes have gone to absolute sh*t, $neet has bucked the trend and outperformed the market