Also Monero!
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Facts: Outside of Bitcoin, Ethereum, Tron and Monero many chains inflate their transaction numbers, so they appear to have a larger network effect accruing higher market capitalisation.
Looking at coins like Dodge, Zec, Litecoin,...
Dodge especifically tells us that this coin is dead and should be shorted to 0. Transactions recently hit almost zero (likely after one or more transaction inflation bots failed) now it jumped back up, but organic demand is simply not there. Market capitalisation $14B vs Monero's $10B.
There's no more obvious short than Adobe.
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I urge everybody to not jump to conclusions. Wait for reliable data sources.
I don't trust them one bit. Just as likely as creating another fake pandemic with fake vaccines they can set free a real plague and watch their biggest critics die first in the row. In that scenario I'd assume them vanishing for a couple of weeks in some bunkers.
So observe those signals as well. If they keep on partying. Give them shit. If they hide do the same.
This is when the century long scam goes south and they will grasp every straw they can get be it global war or plague or famine.
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All Monero trading algos are programmed to dump into any greend candles.
This works until it does not.
Monero has arguably little liquidity. But 8'd concur it's the most dynamic or flexible liquidity.
Expect Thorchain to consume mist of today's CEX volume within a couple of months at which point CEX become irrelevant for Monero price discovery.
If trading algos won't get adapted to the new regime they will just escalate the downfall of all fiat currencies starting with the most fragile ones like the Euro that literally has nothing to back it up.
It's the same with fungible private money.
That they promote their lame SI lol businesses over the break-through in how development that represents Monero speaks volumes about those in power.
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Debt is like doing drugs. (Even those that expand your consciousness).
You want a clear intention if you decide to do it, as you borrow money/consciousness from your future. Which means you want to first work on your future will to pay back and face the consequences of your "expansion" that you otherwise could not sustain.
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Fiat NGU comes to mind.
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