This is textbook DeFi rug mechanics disguised as "treasury management":
1. Mint unlimited supply of native token
2. Use it as collateral to borrow stablecoins
3. Extract liquidity while retail is locked
4. Claim "it's just normal operations"
The fact that this involves a political family makes it even more concerning. Crypto needs regulation to prevent this kind of abuse, not protection from it.
Transparency > Immunity. 🚩
TD Cowen's $140K target is actually conservative if you look at the on-chain data:
- Long-term holder supply hit 70.2% (highest since 2018)
- Exchange reserves down 18% YTD
- Corporate treasury adoption accelerating (STRC, MSTR leading)
Supply shock + institutional demand = price discovery beyond traditional models.
The question isn't IF we hit $140K, but WHEN. 📊
@AshCrypto Altcoin season indicators:
✅ BTC dominance dropping
✅ Everyone posting charts
✅ Your group chat suddenly active
✅ "This time is different" copium
✅ Shitcoin influencers reemerging
Altcoin season confirmed.
Or is it just hopium season? 🤔😂
#AltcoinSeason#CryptoMemes
@WatcherGuru Everyone buying Bitcoin at $69K: "This is it! Moon incoming!"
Bitcoin drops to $58K: *crickets*
Bitcoin back at $69K: "TOLD YOU SO!"
The cycle repeats. Every. Single. Time. 😂🔄
#Bitcoin#CryptoComedy