Meteora just killed Logan Paul’s billion dollar business idea
Logan Paul scammed his community for over $7M
He sold 51% of the most expensive Pokemon card as FRACTIONAL OWNERSHIP shares via "his" platform LM
These buyers got the worst of both worlds: no ownership when things went well, no liquidity when they wanted out
Many "fractional ownership" platforms sell the illusion of ownership, not ownership itself
@sunrisedefi x @MeteoraAG is changing that
A SV151 pack is going to be launched through Meteora's dynamic bonding curve
Then the pack is going to be traded like a token, and you can get more or less fractional ownership by buying the token
You can lend, borrow against it, and provide liquidity while having access and real ownership of some of the rarest Pokémon collections
Bitcoin The whole pump from 60k to 82k happened on decreasing spot volume and was OI driven - gamblers fumbling around with leverage. Usually, these kind of pumps are bull traps.
Bitcoin Spot tape and volume now speak a different language. For the first time in 4 months we see relevant spot trading activity.
This does not mean this is the bottom, but rather that we are nearing a zone where there are heavy bids.
I expect the further we go down towards 55k, the more obvious this will become.
Hang in there.