Crypto Clash: Saylor Gets Doge-Piled! 😱
But the Dogecoin team, bless their cotton socks, simply weren’t having it. Absolutely not.
But the Dogecoin team, bless their cotton socks, simply weren’t having it. Absolutely not.
Robbie Ferguson, co-founder, sent word through the twittering woods, a herald announcing milestones not in whispers but bold declarations: a turning tide for this company and the sprawling kingdom of Web3 games.
Though the great fields of stocks have lost a tenth of their bounty this year, Novogratz frowns and mutters that such a decline seems but a timid bow to the tempest that quietly brews. “We are wrapped in a cloak of caution,” he declares, as if the market itself hesitates at the precipice of reason.
The blockchain reveals a rather fascinating tidbit: the Bitcoin didn’t come from just anywhere. No, it was sent from a wallet tied to BIT.com (Matrixport), a centralized exchange that, I kid you not, boasts over $101 million in total assets. A far cry from a humble piggy bank, if you ask me.
“Ah, Bitcoin,” he mused, “that fickle friend of the hopeful. Its stability, a mere mirage, a trick of the light, held together by the frail threads of human hope. Investors cling to it, dreaming it might one day shine like gold, but let me tell you, folks, patience is a virtue that wears thin.” He leaned in, a conspiratorial grin on his face, “When the day comes that folks are fed up with waiting, oh boy, that’s when the real crash will happen. A sell-off like you’ve never seen!”
Now, let’s talk about the magic wallets. According to the ever-reliable Lookonchain (because who doesn’t trust a name like that?), three wallets were hoarding this “Base is for everyone” token like it was the last slice of pizza at a party. And guess what? They made a staggering $666K profit from what was essentially pocket change. Talk about a glow-up! 💰✨
Meanwhile, the altcoins, those fickle friends, have decided to dust themselves off after yesterday’s little tantrum. Solana, that sprightly fellow, is now prancing past $130, while Ethereum, ever the reliable companion, has managed to tap $1,600 once more, as if to say, “Look at me, I’m still relevant!”
On the 16th of April, Base, with a flourish worthy of a seasoned raconteur, graced Zora – an on-chain social app, a digital salon where posts metamorphose into tokens – with a pronouncement: “Base is for everyone.” A sentiment as saccharine as it is, perhaps, disingenuous. Minutes later, the official Base X account echoed this pronouncement, linking to the “Base for everyone” token page on Zora. A veritable digital fanfare! The token, in a fit of exuberance, surged, achieving a market cap of $17 million. But, alas, hubris is a cruel mistress. It soon plummeted, leaving a trail of tears and $15 million in vaporized value. 💸
Bitcoin ETFs have eked out positive inflows past month and YTD and $IBIT is +2.4b YTD (Top 1%). Impressive and IMO helps explain why btc’s price has been relatively stable: bc it’s owners are more stable! For the past 15mo the ETFs and Saylor have been buying up all ‘dumps’ from…
In fact, as the U.S.-China tariff battles rage on, Bitcoin has casually decided to play footsie with the Aussie dollar-yen exchange rate (AUD/JPY), the currency pair known for its uncanny ability to gauge market sentiment. Yes, Bitcoin—once a lone wolf on the investment frontier—has now joined the risk-signaling herd, much to the dismay of hopeful bulls who thought it was a safe haven in a world gone mad.