ROARING KITTY IS BACK, REVEALING $200M $GME STOCK POSITION!
FOR THOSE WHO DO NOT KNOW, ROARING KITTY KICKSTARTED THE WHOLE MEMESTOCK CRAZE LAST CYCLE
THIS IS MASSIVELY BULLISH FOR #MEMECOINS.
IMO, $FLOKI WILL BE ONE OF THE BIGGEST WINNERS FROM THIS!
SHOULD BE A GOOD WEEK!
BIG week for #memecoins IMO!
Roaring Kitty, the memestock and GameStop legend, just revealed a $200 million GameStop position and a bullish vibe!
This is massively bullish for memecoins like $FLOKI, $DOGE, $WIF, $PEPE, $SHIB, and $BONK.
I expect #FLOKI to benefit the most from this due to its strong fundamentals and massive supply shock.
I've said last January that I am
extremely bullish on 2024-2025
Well, now I am GIGA BULLISH.
Here's why
1/ First #Bitcoin Election
It is called the First Bitcoin Election not because the frontrunner ex-President Donal Trump is a pro-crypto but because the current President has shifted his tone towards crypto.
In the past 2 weeks, President Biden has begun reaching out to crypto industry players asking for guidance on the crypto community and policy.
We know Trump is pro-crypto and his big promise is to free the Silk Road creator on day 1 as President.
Whoever wins the election can drive crypto adoption as long as they keep true to their promise.
I believe that the November election will be the catalyst for the EXTREME bull run.
Wild theory: Biden will pardon the Silk Road creator and rob Trump of the opportunity.
2/ Crypto Regulations
FIT21 passed the House of Representatives with 71 of the Democrats voting yes.
Will the Senate vote Yes? We don't know. But the shift of the 71 Democrats means that there's a need for strong crypto regulation and FIT21 could be the start.
The CBDC Anti-Surveillance State Act passed the House. This prevents the federal government from issuing CBDC. Big win for privacy.
The U.S. Senate and the House joined forces to vote to repeal SAB121. President Biden has until June 3 to decide if he will veto the bill.
Senator Cynthia Lummis said that they are building a pro-crypto army in Congress.
3/ El Salvador initiative
We all know that El Salvador is the first country to accept Bitcoin as legal tender. More to that, President Bukele announce a program that buys 1 $BTC per day as long as they can.
The passport program. El Salvador's Congress has approved a migration law granting citizenship to foreigners who make Bitcoin "donations" to government social and economic development programs.
El Salvador uses geothermal energy to power and mine #Bitcoin .
Recently, President Bukele met with the president of Argentina to discuss Bitcoin and economics. Take note, Argentina is bigger than El Salvador.
Cathie Wood, the founder of ARK Invest also met with President Bukele to discuss Bitcoin and other opportunities.
4/ Other initiatives
The State of Oklahoma has announced that its people can self-custody their Bitcoin, use it to buy goods, and use it for transactions. The State also mention about legalising house-based crypto mining and node operations.
5/ Spot ETF Narrative
The U.S. Spot Bitcoin ETF started trading on January 11. In the past 100 trading days, the ETF issuer amass 852k BTC. That's 4% of the total Bitcoin supply.
The Spot Ethereum ETF 19b filling just got approved. We are waiting for the S-1 statement to get approved before ETH ETF can start trading.
The Spot BTC ETF technically fought for 10 years to get approved. Look where we are right now. Both BTC and ETH ETF surprised us.
Supply shock?
6/ Adoption
Around 700 financial firms and institutions show that they have shares from ETF issuers according to their Q1 report to the SEC.
Many notable names including Millenium Management ($1.45 Bn), Susquehanna International Group ($1.18 Bn), Bracebridge Capital ($406 Mn), Jane Street Group ($498 Mn), and Schonfeld Strategic Advisors ($344 Mn) have ETF shares on their balance sheet.
Institutions are joining the ride.
If this doesn't make you bullish, I don't know what will.
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Many are underestimating the impact of the $ETH ETF approval, especially for ETH #memecoins like $FLOKI and $PEPE.
#FLOKI has outperformed since the approval, with rumors circulating that a spot #Coinbase listing is next, as it has just started trading on Coinbase Futures.
#MEME
Güncel görünüm.
Dün paylaşımımdan sonra gün kapanışını belirttiğim direnç seviyelerinin üzerinde yapmayı başarmıştı.
(Hatta copy trade kısmında güzel yerden girip güzel yerden çıkarak iyi de bir kâr yaptık)
Şuan bu direnç bölgesine özellikle 4 saatlikte daha net görünen bir retest yapıyor.
Yükselişin tekrardan başlaması ile grafikte belirttiğim seviyeyi hedefleyecektir.
Yakın takibinizde olsun.
Sekuya has just securely locked $1.15 million in $SKYA tokens for a 12-month period using #Floki's mainstream DeFi locker protocol, #FlokiFi Locker!
@sekuyaofficial is a GameFi project that aims to revolutionize the gaming landscape with a community-driven approach in a new anime epic fantasy universe. Sekuya Multiverse serves as their flagship project, combining MOBA and RPG genres.
A steadily increasing number of projects prefer to lock their digital assets using FlokiFi Locker, showcasing a growing trend of trust and confidence in the products of the $FLOKI ecosystem.
—
NOTE: This isn't investment advice or a project recommendation.
A lock with us doesn't mean we endorse a project. Instead, this post highlights the usage of Floki's crypto locker protocol, @FlokiFi Locker.
FLOKI REACHES ECOSYSTEM TVL OF $820 MILLION — AN ALL TIME HIGH
#Floki just hit a total value locked (TVL) all time high of $820 million across two of its key ecosystem products:
- Floki Staking: $700.24M+
- FlokiFi Locker: $120.13M+
This impressive TVL record, which is the highest of any #memecoin in the industry, surpasses the combined TVL of other top memecoins including $PEPE, $WIF, $BONK, $DOGE, and $SHIB.
This impressive accomplishment also shows that there is a lot of interest in the Floki ecosystem, as it combines its iconic meme appeal with strong fundamentals as it works towards becoming the world's most known and most used cryptocurrency!
🔵🇮🇹 Enzo Maresca's contract at Chelsea until June 2029 will be signed soon, while the club will also pay compensation for the staff.
At least five assistants will leave Leicester City to be part of Maresca's staff, including former #CFC GK Willy Caballero.
#SHIB
Biraz uzun bir bekleyiş olsa da yükseliş başladı.
Umarım devamı da gelir.
Yükselişin devam etmesi durumunda grafikte belirttiğim seviyeyi hedefleyecektir.
Takibe devam.
Every time $WIF goes up, this 1,000x winner sells part of $WIF for profit.
He spent only $5,879 to buy 6.1M $WIF($23.7M currently) on Dec 8, 2023 and then sold 4.7M $WIF($1.57M) successively.
He still has 1.4M $WIF left, worth $5.47M.
His profit on $WIF is ~$7M, a gain of 1,197x!
https://t.co/tqR7Cid6pg
#Floki is once again the talk of the town on X, trending alongside #memecoins, $SHIB, $PEPE, and Binance.
$FLOKI is generating significant excitement due to the #FlokiTradingBot beta launch and the start of trading on Coinbase futures tomorrow! 🔥
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This 2.5 months of consolidation under bullish demand has been very good for #Bitcoin, it means price has more room to run before topping out.
Chart: BMO moves 1 level down, now has 2-3 levels to climb before a macro market top.