/biz/ - Business & Finance

>>59126423
Price rose 12% while volume decreased by 38%. Yet another massive transfer into diamond handed anons. The metrics corroborate your memelines.

>>59048526

>>58985904
During this little runup, likely. We're already in T1 perps.

>>58676376
This is a fact.
>>58677180
If you say "technically" what you mean is "not at all but I want it to be so."
Fact is, this is a token with fuckloads of traction in a market where nothing has reason to exist in the first place and no token can have merit beyond sentiment. Nobody should be rationalizing anything, just enjoying the comfy times.

>>58479182
It's been fucking genius. I'm just sad that I missed the rug.
>Be me
>Put a few hundred into my favorite frog
>Watch him 15x
>Every night making memes
>Sister calls
>"Anon can I stay over and have ride to airport and also picked up from airport later and also my toddler?"
>Enjoy weekend with comfy family
>Pop back in Monday
>/biz/ catalog FULL: "Frens, I am rugging"
>Pink wojaks to the horizon
>NOT MY APU!
>Check prices
>Its been 2 days, we're already back to ATH
>TFW missed a literal 2nd chance to buy my favorite frog at rock bottom
>Still riding my initial, 200x up
>Not selling until #1 shitcoin

>>58452148
This is actively happening. The currency people use for daily transactions is whatever is most liquid AND least wanted. So even when people are just trading the same silver coin, they'll still trade the tarnished silver first. If you have gold silver and copper coins, people tend to horde the gold and spend the copper - they'll have 1000 copper pieces in rotation but the same 5 silver coins for a year. Presently, everyone kinda knows the USD is dieing. So everyone is buying what they can with it in a global game of musical chairs. The moment it actually dies is when people shift from buying hard assets into buying different currencies.
That's the bank-run where people don't want any less liquidity than they do now (more and better stuff won't help them,) but they still want to shift out of the old currency. In other words, there's a massive currency shift WITHOUT a change in the total M1 money supply. All the stablecoins like USDC will follow the dollar into the grave. Stablecoins like RSR will absorb the entire M1 money supply.
This is because M1 is pure liquidity. Bitcoin will still absorb the M2 supply, representing long term savings, because its deflationary. But fees will always keep it in that M2 niche - you can't buy a hotdog with BTC unless you don't mind a $50 hotdog. So liquidity coins that base their value on a stable basket of goods, who're saying "this token will always be equal to 12 eggs, 1 gallon of milk, a loaf of bread, and a moist towelette," and execute this contract on an L2/L3 rollup with near zero fees, they're the best bet for digital money in a post-fiat world. Things like XRP could moon, but their value is tied to underlying contracts rather than baskets of goods, making them speculative vehicles rather than stable money.

>>58404700
Checked and Apu-pilled

>>58338165
Bangin'

>>58312777
Checked and peace-pilled. I think he's a genius that create a narrative for his coin to float on, and is probably posting anime girls in this thread RIGHT NOW to maintain the energy. What a chad~

>>58273711
Checked. You *always* buy the top with Apu. It's the /biz/ way.

>>58151222
trips of truth - toad more likely to moon than shib

>>58137957
you're thinking strapON

>>58060837
have a semi OC apu.
this is now a rare apu thread. post rare apus