SHITPERP, Low cap altcoin perpetual futures, down the toilet Short

Shitcoin Index Perpetual FuturesFTX

Description

⋅ May 23, 2020 9:05 AM

Interestingly named perpetual future contract incubated by the bitmex related Alemeda research, tracks 50 low cap altcoins (aka shitcoins).

In a descending channel near channel resistance with bearish divergences and falling volume. Down it goes, don't mind the gas.

Comments

ezpi

⋅ May 23, 2020 1:44 PM

holy - shitperp - they actually have an index named shitcoin
thats just cool
i love crypto market
finance 2.0 so much more mature than finance 1.0 kiddies
cant wait til boomer gen just dies off........

noobs

⋅ Jun 11, 2020 12:06 AM

Ralferator

⋅ May 27, 2020 6:59 PM

some will die - but there are very promising altoins too

Miamicane1

⋅ May 24, 2020 7:39 PM

Thank you for your expert analysis. Out of curiosity which alt coins do you see standing the test of Time? Stay strong

nagihatoum

⋅ May 24, 2020 8:05 PM

@Miamicane1, I am guess ETH and the privacy coins. These have most usefulness. Best to wait. Most will die by next year. Only after btc reaches ATH that the survivors will moon more than BTC. BTC for now. That's my theory.