@BigyanA77236090 Anyone know reasons why they would be increasing? (Other than the 'they are insiders' narrative?)
Genuinely keen on getting all possibilities on the table. Knowledge is power π₯
I think Kanyes going to peg the coin to the $ with his shop. My guess is 1 YZY to $1
Think about it, every other celeb coin bleeds to zero. That's so damaging.
This costs him nothing, he sells something, then swaps YZY for $ at 1:1
It feeds his ego, he has his own currency!!
@GeeEmTee_ That's my thought so for me it's worth a small gamble at 200:1 for a 5 million to 1 billion mcap, even if two out of three times this doesn't hit
@GeeEmTee_ I'm equal on 3 outcomes
1. Kanye is playing us for a perfect drop. Going to drop on shop open (not on X). Will be 1 YZY to $1 when spent at the shop, making his own stable coin
2. A Kanye insider had his phone hacked and is the dev
3. Kanye will change his mind and never share
This is not nothing.
Gamestop is sitting on $4.6 billion in cash. If they put half into bitcoin, they would instantly become the third-largest public Bitcoin treasury company.