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POSUDIK

@posudik

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@posudik
Thruh!
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@posudik
🫡 ALTSEASON. Read. >>> “When will altseason happen?!” Most top altcoin founders have a lot of BTC & ETH. These two assets are the oldest in crypto, and because of this, they contain all the liquidity in the market. Any altcoin has a mission for its founder—to gain profit: more BTC, more ETH, more USDT. Because of that, from time to time, we see weak altcoins and a strong Bitcoin. At this moment, they buy and pump altcoins a lot. The top chart is Bitcoin Dominance against other tokens. And now (31 Oct 2024), we see Bitcoin at an all-time high and altcoins nearly dead. But wait for it; you will see that liquidity will jump into your favorite token. The bottom chart is DXY, meaning the dominance of the dollar against other currencies. That’s why I think the Bitcoin team (corporations, not Satoshi) built a fiat-like system, and we should expand this theory to understand more. Remember, the end of 2025 - the end of the bull market.
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@posudik
Ready for volatility?
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@posudik
Write the ticker of the altcoin you have the most in your portfolio. I have $TLOS.
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@posudik
Key Industry News 🌏 -Hong Kong Stock Exchange is launching indices for Bitcoin and Ethereum. -A partner at DWF Labs was accused of misconduct. -Canary has applied to launch a Solana ETF. -MicroStrategy plans to raise $42 billion over three years. -Franklin Templeton launched a tokenized fund FOBXX on Base. -Coinbase announced a $1 billion share buyback. -Tether will launch a dirham-pegged stablecoin on TON. -Paxos introduced a new regulated stablecoin, USDG. -Immutable received a Wells notice from the SEC. -21Shares filed for an XRP ETF. -Kraken laid off 15% of its staff, and Reddit sold part of its crypto assets. Interesting Project Updates 🌐 -Swell Network is migrating to Optimism. -World Liberty Finance (a project linked to Trump) plans to issue its own stablecoin. -Stacks released the Nakamoto update. -Optimism Foundation will grant Kraken 20 million $OP to launch its Ink solution. -dYdX cut 35% of its team, and Consensys laid off 20%. -Zeta Blockchain experienced block production failures.
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@posudik
Diamond hands only! Let the paper hands do their job while we HOLD!
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@posudik
Everything will be decided this month!
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