Couple of guys on here mentioned the USDT.D chart and said that we broke a resistance, implying we enter the bear market now.
They are not totally wrong, we are at a very critical level right now.
But they are not right yet.
Let me explain 🧵⬇️
Why isn't it possible, that the cycle theory is over?
Wasn't it clear, that at some point in time, the 4-Year-Cycle will be over?
If yes, why not this time?
Be cause we "topped" on the "perfect predicted date" and prices are down since then?
A thread 🧵⬇️
Mark my words, @toiletdustsui and @BoredToiletClub will make the biggest Comeback on $Sui.
Once this final dip through September is over, the Altcoins and lowcaps will finally get their attention they deserve. And the community $toilet build so far, will then welcome everybody
Repricing=Imminent.
So the proportion will very likely rise + the general pumping of Memes and NFTs in the last phase of the bull cycle, will pump it even harder. That's why I did the smart move and got me one. Position yourself BEFORE the hype, not after...
#crypto
So the Yetis sit at about 1,5% of the valuation as their memecoin. If you take a look at other Meme/NFT combos, you see a different proportion.
Pudgy Pengiun (ETH):
Memecoin: 610M/NFT: 200M mc
Proportion is 30%
Retardio (SOL):
Memecoin: 26M/NFT: 3,2M
Proportion is 12,3%
And with @lofitheyeti being one of the biggest memes on $SUI, its obvious that he will get much attention in the Alt-/Memeseason. They have an NFT project too, called the Mystic Yetis. $Lofi is sitting at around 36M mc and the Mystic Yetis at just 430k mc.
Been looking into NFTs more and more in the last weeks. NFTs are now super cheap. Once the Altseason starts, they are getting their comeback.
And with $SUI being one of the best performing Alts this run, it would be dumb to not take a look at the Sui NFTs too.