Streamer coins net net will end up the same path as every Sahil rug and celeb coins hands down … or like friend keys was :..
Unless you are doing massive viral shit … there is no upside. If the top 3 influencers in crypto launched and only streamed and didn’t do anything exciting all the charts will all look like Christmas tees
But Sahil rugs and celeb coins pumped before zero so … there is money to be made. Rug them before you get rugged
Bought $100k worth fyi lol but told @spencer delivery will have to be on a 250 foot yacht in Miami
People don’t seem to understand crypto trickle down economics …
Loook at BTC … it ran to 125k+ on back of ETF flow but no altcoin hit ath … Solana was only one and it took the president to launch a coin.
Ethereum got to ATH on the back of etf and treasury company flow but no memes on eth ran up back to ath or anywhere close to….
Solana running now back up but no memes on Solana pumping … the two biggest fartcoin and pengu below ath … and the Wif and popcat way lower and volume in trenches at lows ….
This is because trickle down economic doesn’t exist in crypto when the buying power comes from ETF and treasury flows… only the core asset pumps. The buying isn’t happening on chain or the coins are not being bought from retail bags…. This is whales and Wall Street buying from each other and pushing things higher…
Change your mindset. On chain pumps only when retail and localized crypto owners bags are bought which as everyday goes further has become less and less as clearly you can seee with price action last 4 years …
Inflation came on the screws right on expectations, market reaction seems weird to me.
Would long this for scalp.
YoY Growth:
🇺🇸 CPI (Aug), 2.9% Vs. 2.9% Est. (prev. 2.7%)
🇺🇸 Core CPI, 3.1% Vs. 3.1% Est. (prev. 3.1%)
MoM Growth:
🇺🇸 CPI (Aug), 0.4% Vs. 0.3% Est. (prev. 0.2%)
🇺🇸 Core CPI, 0.3% Vs. 0.3% Est. (prev. 0.3%)
Weekly Wizdom stays winning 😍😈😈
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