Bitcoin Maximalism is like saying E-Mail is great its the Future! i'm only going to use the web for e-mail, but web-sites (not e-mail) are vaporware too many scam websites , websites going to ZERO. im E-mail only . 🤡
Everything is going exactly as I told you.
Now Bitcoin is sitting at the level where bull traps end.
$59K → $65K → $62K → $55K → $47K → $200K
Next stops:
→ Dump to $55K (happening)
→ Market cycle bottom at $47K (next)
Reminder: I’ve called all the market tops and bottoms for the last 15 years, including the Bitcoin bottom at $16,000 and the top at $126,000.
The next call will be even more important. I’ll post it here publicly like I always do.
Turn notifications on. If you’re not following yet, you’ll understand why that was a mistake later.
BTC is a mass collective delusion
Not that different from the tulip bubble, dot-com bubble, or the more recent subprime mortgage crisis
The truth is that mass self-custody is impossible, inflation will increase beyond 21M & security is falling
BTC is an emperor with no clothes
Gm!
In all seriousness, Gugugaga is a sub-$100k coin with the execution, content, and active community of a multi-million-dollar project.
In just 3 months of CTO, we've already been through almost everything you can imagine, but we've never compromised on our standards.
That's what a true gem looks like: a multi-million-dollar market cap project larping as a $90k coin.
Yes price goes up is important, but we already have ( and growing) the most valuable asset any coin must have: community
Higher.
Absolute gugugaga!
Happy Monday from The Tokenization Tower.
Absolute whirlwind of a weekend with the Knicks and Canes taking their respective championships home, and the World Cup starting.
Add in the Iran & USA peace news, Anthropic restricting access to Mythos, and you've got a recipe for a big move across the board for digital assets.
Hayes' trifecta is moving hard, and we're seeing broader sentiment turn around after those with Saylor Derangement Syndrome have quieted down (for now).
Good show today.
1:00PM ET: @samboboev
2:00PM ET: @wagmiAlexander - @AerodromeFi
See you there.
High quality Original daily content still one of our core principles despite mcap´s.
People spent months gravedancing our market cap while completely missing what was being built.
Yes, the PvP on Solana and later on BNB created noise. It shook out weak hands and distracted those who only look at charts.
Meanwhile, we've spent 90+ days building, growing, and onboarding one of the strongest communities in the space.
The market will eventually price in what we've already known for months.
Millions of views. A relentlessly growing community. A viral IP with real staying power.
$GUGUGAGA is still absurdly undervalued relative to where this story is heading.
When the ceiling starts moving higher, most people will wish they had paid attention sooner.
make no mistakes
absolute ticker gugugaga on solana ca: 6cgUrnK8ix3ahDSCVcctCW4LNaegMn8SnPexMh4Upump
The reason ETH sells off more in these “doom” scenarios — the ZEC bug, a Saylor BTC sell-off, a stock market sell-off, etc. — is, ironically, the same reason ETH will ultimately win.
We’ve seen this a thousand times already, and the question always comes up: Why is ETH dumping more than expected?
Simple answer: It’s the most liquid asset in DeFi. It’s the hardest money we have, and people sell it first when shit hits the fan and they need more liquidity in the market.
So why don’t people sell their shitcoins, you ask? Why do they sell their ETH?
Well, try selling your shitcoins in a down market. There simply isn’t enough liquidity for large holders to offload anything meaningful. ETH is their only option.
ETH is structurally the most important asset crypto has. Bitcoin is barely a side note here. You simply can’t use BTC natively in DeFi.
So why is ETH not eternally doomed?
Over time, this leads to an insane distribution of ETH into hundreds of millions of hands, making it much more resilient — and, incidentally, making it a kick-ass store of value.
Yes, you can offload hundreds of millions of dollars in BTC easily as well. But can you buy literally any other asset you want with the click of a button, trustlessly?
No. You need to go through CEXs and/or jump through hoops to do that.
ETH is the only native collateral for DeFi and the only logical digital store of value for crypto — and, eventually, the world.
ETH is money.
You can dunk on ETH and Tom lee all you want, but Saylor has been cheering for and buying BTC for 6 years, spending more than 4X Tom Lee's ETH bet, and the mfer is still down bad.
The problem with BTC is that price action is all there is to it. There are no network effects beyond that, so when the price is down the narrative collapses.
Ethereum's fundamentals progress when price is up, but also when price is down. The network lives, the asset will recover. Tom Lee is right and he will be vindicated.
Ethereum with $10 Trillion valued secured puts the lower bound security floor price at $40,000/ETH
Very likely it will trade at a 2-3x premium of $40,000
Go to https://t.co/j4uOIQMsIV model different scenarios.
$AERO $ETH Fractal
An Elliott Wave Look at the Fractal Pattern
ETH had the same move on both sides
When ETH RSI broke above 50 the price completed wave 1 up
AERO RSI consolidating below 50 - wave one will complete when RSI breaks above 50