Crypto Is In For A Wild Ride

If you thought the stock market was crazy well Crypto is about to get more wild.

Wall street bets seems to be onboarding into crypto land and with that amount of money things are sure to be in for a number of wild dips and bumps as more billions start to be thrown around.

A new coin has hit the market at least from what I can tell so far. and with it comes a fresh 24 nearly 25 billion dollars of market cap.

Massive amounts of bitcoin are being bought again as it seems to be the main entry point for most people when coming into crypto. It's even greatly outpacing Ethereum at the moment.

Just yesterday this group called out Doge coin which already had a number of things going for it such as it's DeFi listing. The price of Doge jumped all the way up to $0.08 per but has fallen back to $0.05 each.

This is just the start folks but unlike shorting stocks there is HIGH risk. Many of these tokens have big whales in them as loads of fresh money starts being injected there is bound to be people that cash out. Personally I feel your a fool if you didn't cash out Doge at $0.07 - $0.08 last night. I could totally be wrong but a 800%+ profit is nothing to joke about.

The question now is what coins are next and what kind of havoc will it cause in the system?

It's for sure going to inject a lot of market cap however unlike shorting stocks where you know you can make a profit this is going to start looking like pump and dumps across various coins that may leave a lot of inexperienced people in crypto out to dry.

On another note it does seem like our wonderful friend joking Justin Sun is trying to buddy up with this group. This is going to be interesting...

What's the next coin to moon? Leo? Hive?

Posted Using LeoFinance ^Beta