The LEO Roundtable is back and in this episode we talk about the Robinhood, Wall Street Bets and AMC trading frenzies. @nealmcspadden and I bought call debit spreads in AMC in anticipation of a successful short squeeze. We're still waiting to see how it plays out the rest of this week.
ScaredyCat (Mitch) brings up some monthly charting analysis on BTC. Is a dip to $17k imminent or will the markets continue to rise on the heels of USD being printed to the moon and devalued to Earth's core?
We also talk options trading, a $250m price target that @taskmaster4450le wrote about and more. There are a lot of developments happening on and around LeoFinance but the world at large is also waking up to corrupt financial markets and the benefits of Bitcoin/DeFi.
All of this is good news for LeoFinance. The more that people wake up to censorship - be it social censorship or financial censorship - and see the need for platforms built on decentralized technology, the better positioned LeoFinance is to onboard them to Web3 and DeFi.
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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