When I saw DOGE hit 60c I thought this would be a great time to take a snapshot of the top 10 cryptos weighted by market cap so we can check back in a year from now and say "WTF was going on?!?"
For now crypto is where the money is at, hard to ignore these gains. The community is growing daily. The millennials and others have learned not to be bagholders in the markets. Who in their right mind wants to be longterm in stocks that trap them deeper and deeper. COIN,PLTR,CPNG,etc.,etc, and ALL of Cathie Wood funds are nothing but bull traps making suckers out of the longs on a daily basis. Fax your list over to Warren and Charlie, give them something else to whine about. I only trade the markets for the downside profits, fear sets in and its like shooting fish in a barrel. Gives me more to play the crypto empire. Think of the bagholders in COIN That turned out to be a great investment.
I see a lot of people ragging on COIN, but at these lows here, its still $55B in market cap! To put that into perspective, that is bigger than Prudential, ING, Metlife, CIBC, Llyods, Barclays and hundreds of other legacy financial institutions. IPO hype drove it up, but its a solid company for those who time this bottom right.
When DOGE was at .004 it was brought to my attention by some young uns, I listened to them and laughed cause it made no sense to me cause their reasoning was "in with our generation or drown old man" and this is all they could tell me about it. They convince me to buy at .056 and if I loose they will give me back my few $s but if its a winner then I owe them big time. I guess with Mark and Elon plus the MEME stonks crowd they young uns must be onto something we old hard hat men don't understand and never will.
DOGE is likely going to tank hard after this weekend. All the buying has been in anticipation of the SNL appearance.
I cant imagine he will be on live TV and pump a coin. The SEC will be all over that. Anybody buying it here in hopes of flipping it on a spike might be rethinking that strategy.
I like $COIN integrating staking and their marketcap is pretty much growing right now. Interesting that $BTCS has the same business model and almost 2x the assets. (IDK now with the recent drop of crypto) I wasn't able to get in early but had enough to scoop some early this month.