Forwarded from Watcher Guru
Forwarded from Watcher Guru
JUST IN: Over $1,100,000,000 liquidated from the crypto market in the past 60 minutes.
Bitcoin: Fell under $76,000
ETH: Fell under $2,300
Solana: Fell under $100
@WatcherGuru
Bitcoin: Fell under $76,000
ETH: Fell under $2,300
Solana: Fell under $100
@WatcherGuru
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The end is either near and we bounce or the usual crypto winter begins
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Forwarded from Watcher Guru
Forwarded from Watcher Guru
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Forwarded from OverDose Gems Calls
Everyone keeps asking why alts and utility tokens are getting destroyed.
Just look at this heatmap. Most SaaS stocks are down 30-55% in merely a few weeks, Adobe, Snowflake, Datadog - all getting wrecked.
Now think about what most utility projects in crypto actually are. They're SaaS on steroids. Same AI disruption hitting them, but with way lower market caps and 1000x the volatility.
If billion dollar software companies with MILLIONS of paying users are getting punished this hard - imagine what happens to a low MC utility token with barely any revenue and customers?
Yeah. Exactly what we're seeing rn.
So how come I'm still BULLISH long term? Because IMO - crypto's biggest use case hasn't even been unlocked yet.
Every AI agent in the world is going to need a financial layer. Something permissionless, programmable, 24/7 - the purest form of crypto.
The more AI grows, the more it's going to need an easy and secure access to funds. And the more the entire ecosystem thrives.
The potential here is bigger than most people realize.
BELIEVE
Just look at this heatmap. Most SaaS stocks are down 30-55% in merely a few weeks, Adobe, Snowflake, Datadog - all getting wrecked.
Now think about what most utility projects in crypto actually are. They're SaaS on steroids. Same AI disruption hitting them, but with way lower market caps and 1000x the volatility.
If billion dollar software companies with MILLIONS of paying users are getting punished this hard - imagine what happens to a low MC utility token with barely any revenue and customers?
Yeah. Exactly what we're seeing rn.
So how come I'm still BULLISH long term? Because IMO - crypto's biggest use case hasn't even been unlocked yet.
Every AI agent in the world is going to need a financial layer. Something permissionless, programmable, 24/7 - the purest form of crypto.
The more AI grows, the more it's going to need an easy and secure access to funds. And the more the entire ecosystem thrives.
The potential here is bigger than most people realize.
BELIEVE
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Forwarded from Watcher Guru
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Forwarded from OverDose Gems Calls
Ever since the 10/10, $BTC has been red for 5 straight months.
The last time this happened was 2018 - 6 red months in a row and $BTC was sitting around 6k.
What happened next though?
$BTC more than 2x'd within 6m, and hit 69k two years later.
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I'ΚΚ Ι΄α΄α΄ α΄Κ DM Κα΄α΄ κ°ΙͺΚsα΄ | Ι΄α΄ α΄α΄Ιͺα΄ Ι’Κα΄α΄α΄ | Nα΄α΄ κ°ΙͺΙ΄α΄Ι΄α΄Ιͺα΄Κ. DYOR. Sα΄α΄ κ°α΄ΚΚ DΙͺsα΄Κα΄Ιͺα΄α΄Κ HERE
The last time this happened was 2018 - 6 red months in a row and $BTC was sitting around 6k.
What happened next though?
$BTC more than 2x'd within 6m, and hit 69k two years later.
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I'ΚΚ Ι΄α΄α΄ α΄Κ DM Κα΄α΄ κ°ΙͺΚsα΄ | Ι΄α΄ α΄α΄Ιͺα΄ Ι’Κα΄α΄α΄ | Nα΄α΄ κ°ΙͺΙ΄α΄Ι΄α΄Ιͺα΄Κ. DYOR. Sα΄α΄ κ°α΄ΚΚ DΙͺsα΄Κα΄Ιͺα΄α΄Κ HERE
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Forwarded from Watcher Guru
JUST IN: Binance's stablecoin reserves surpass $45 billion, now holding 65% of all stablecoins on centralized exchanges.
π° Full Story
@WatcherGuru
π° Full Story
@WatcherGuru
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