Solana attempted to be a layer 2 to ETH in the interim while ETH was building out proto danksharding.
Narratives -
1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and...
As of writing this ETHBTC is trading at .4508
Current arena - Ethereum was once the future of finance, however other sybil friendly VC chains have front ran it on crypto's greatest value proposition of creating rug pulls with dogs on them.
Technicals - On a monthly timeframe ETHBTC has just completed it's first death cross . And has dumped front running this...
Robinhood IPO'd during a period of dovish monetary policy and high retail speculation. It shortly after giga-nuked as retail speculation wrapped up to find a bottoming range between $6-$12 for a period of 2 years. The volume shelves are actually insane.
Whats next?
Robinhood has broken out in orderly fashion, but has not seen a parabolic rise yet.
A old...
After exiting DOGE publicly in April I have been waiting for a setup for reentry
twitter.com
Doge seems to have been following a 30 month cycle for the past 7 years.
My previous cycle count had a blowoff into May, retracement to key moving averages around month 28 and a final blow off into the end of the year.
We're on month 25 of the current cycle with...