Meme coins are coins that do not need any narrative, backer, or hype.
When nothing works, > meme season.
When no narrative is working >Meme season.
When large caps are pumping (and alts are not pushing), it's meme season.
When DeFi just keeps going down, > meme season.
Who controls the meme controls the market.
When nothing works, > meme season.
When no narrative is working >Meme season.
When large caps are pumping (and alts are not pushing), it's meme season.
When DeFi just keeps going down, > meme season.
Who controls the meme controls the market.
No buying from institutions since last week, but BTC is still not stopping.
Friday saw the first significant net outflow day at -$139.6M, mainly due to another large outflow from $GBTC at -$492.4M.
Mainly volume coming from perps vs spots, be cautious after the BTC ATH lvls.
Friday saw the first significant net outflow day at -$139.6M, mainly due to another large outflow from $GBTC at -$492.4M.
Mainly volume coming from perps vs spots, be cautious after the BTC ATH lvls.
Grayscale Dumps are slowing, while BlackRock and Fidelity dominate with $824.69M inflow. BTC ETF saw $562.74M inflow (1-week high) >, boosting BTC price past $68K.
Market wiping the memetic volume,
Meme coin volume still did not exceed previous highs. The cumulative daily volume average in previous runs was in the range of $800 million to $1 billion. Currently, it's $400 million on a daily basis. Each spike marked the local top in BTC, as it did this time as well [graph attached].
Top performers will continue to perform well.
Meme coin volume still did not exceed previous highs. The cumulative daily volume average in previous runs was in the range of $800 million to $1 billion. Currently, it's $400 million on a daily basis. Each spike marked the local top in BTC, as it did this time as well [graph attached].
Top performers will continue to perform well.
Alpha
BID whatever showing hands, performance
Memes are up 30-45% from yesterday's dip.
Binance listings usually do very well [another ATH for WIF soon].
ETH outperforming BTC » ch2
Binance listings usually do very well [another ATH for WIF soon].
ETH outperforming BTC » ch2
Alpha
BID whatever showing hands, performance
BTC ~ $70000 [hit $64000 dip]
ETH ~ $4000 [hit $3400 dip]
WIF ~ $$2.40 [hit $1.20dip]
[SOL/RNDR/PEPE top performers continued to perform well]
ETH ~ $4000 [hit $3400 dip]
WIF ~ $$2.40 [hit $1.20dip]
[SOL/RNDR/PEPE top performers continued to perform well]
Alpha
image_2024-02-27_17-39-37.png
Coinbase bidding happened weeks ago. Alert above [coinbase listings]^