Alright, so let’s get this straight: the $TRUMP memecoin is now more valuable than $MSTR in terms of market cap. The first one was created two days ago, and the other holds 450k BTC.
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Replies (9)
Crazy huh.
That’s correct. Too much money idle the system. Yet, we need rates cuts in 2025. Nobody knows the price of money.
🤡
Absolute buffoonery
JFC
🤣🤡
Just shows how much idle liquidity is out there.
Something that didn’t exist a week ago has $12B of “value” already.
People I have been trying to orange pill for years have been contacting me recently and some even opened accounts with an exchange. But they contact me to "hear my thoughts" on the trump coin. Not one of them have even accumulated a single sat
Value is not liquidity.. That amount of money wasn’t poured in, it’s simply the total supply multiplied by the price it was last traded at ☝🏻