Are you confused as to why $SHIB finally broke out after months of consolidation, anon?
Let me attempt an explanatory 'twitter thread' on 1 hour of sleep
[1]
[a] As soon as coinbase listed it, I knew it was inevitable, and was pretty vocal about it, both in groups and twitter
Let me attempt an explanatory 'twitter thread' on 1 hour of sleep
[1]
[a] As soon as coinbase listed it, I knew it was inevitable, and was pretty vocal about it, both in groups and twitter
[2] [b] Was also predictable the "round 1" listing pump would fizzle out, as it was heavily accumulated by insiders in the runup, and they had bags to take profit on [cynical traders, not retail]
[c] After the initial pump got faded, people assumed the story was over on this
[c] After the initial pump got faded, people assumed the story was over on this
[3] d] But if you looked at the order books on coinbase, the sell side was paper thin to infinity after the large players had distributed the round 1 pump
[e] This created a situation where you had meme token on the main retail exchange, valued at 'fractions of a penny'
[e] This created a situation where you had meme token on the main retail exchange, valued at 'fractions of a penny'
[4]
with memories of how everyone's newb friend made generational wealth on $DOGE in early 2021
[f] But retail doesn't chase stagnant coins, and the
SHIB narrative had fizzled; it really needed a catalyst
with memories of how everyone's newb friend made generational wealth on $DOGE in early 2021
[f] But retail doesn't chase stagnant coins, and the
SHIB narrative had fizzled; it really needed a catalyst
[5]
A spark and momentum for reflexivity to kick in, and induce 'get rich quick' fomo; to remind retail how "rich" doggo stocks could make them
The fuse was lit due to a combination of factors [floki, some CT so called "influencers"], and 'reflexivity' is a hellavu drug
A spark and momentum for reflexivity to kick in, and induce 'get rich quick' fomo; to remind retail how "rich" doggo stocks could make them
The fuse was lit due to a combination of factors [floki, some CT so called "influencers"], and 'reflexivity' is a hellavu drug
[6]
A meme token on coinbase at 0.00001; the irresestible fruit tempting you to take a bite [see $XYO, $AMP, and $ACH pumps]
This is not financial advice [no, really, it's not]; I gave great entries in the past, but you're on your own now; this thread was simply explanatory
A meme token on coinbase at 0.00001; the irresestible fruit tempting you to take a bite [see $XYO, $AMP, and $ACH pumps]
This is not financial advice [no, really, it's not]; I gave great entries in the past, but you're on your own now; this thread was simply explanatory
[7]
$SHIB and $DOG are the top 2 trending coins on coingecko [hrmm, how did that happen? must be alchemy]
$SHIB and $DOG are the top 2 trending coins on coingecko [hrmm, how did that happen? must be alchemy]
![[7]
$SHIB and $DOG are the top 2 trending coins on coingecko [hrmm, how did that happen? must be a...](https://pbs.twimg.com/media/FBBG9KIUcAslOvM.png)
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