Crypto YouTuber Sues Another YouTuber

Controversial crypto influencer Ben Armstrong (BitBoy) is suing another YouTube influencer, Atozy for defamation. According to the filing in the United State District Court for the Norther District of Georgia, Atozy is accused of defamation, infliction of emotional distress, and tortious interference with business relations or potential business relations. 

Atzoy was served at his home and took to YouTube. He opened a GoFundMe to help provide for his defense against BitBoy’s lawsuit. So far, $52,124 is raised, with an anonymous $25,000 donation as the biggest.

However, that’s only from the GoFundMe site. Well known crypto trader, Cobie, reportedly donated $100,000 for Atzoy’s defense

This will be fun to watch.

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One Way To Use Stocktwits’ Social Data Tools

Have you ever heard the phrase ‘volume precedes price’? It’s an old-school technical analysis 101 maxim. For example, if an instrument is in a downtrend but then you start to see volume tick up, the theory is that price will follow the volume. 🧑‍🎓

It’s what technical analysts call a leading indicator—a heads-up or a warning that the probability of change is high and that it might happen soon. Analysts and traders might apply that principle (volume precedes price) to the Stocktwits Social Data. 

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Seriously, SHIB People, Are You Ok?

Look at the 1-minute chart below from yesterday’s intraday price action on $SHIB. 🤯

It was one of the craziest swings of all the major market cap memecoins by far, just an insane move. And how did the Stocktwits SHIB stream react? Like you’d expect any high class degen to react: Unf*cking fazed.

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