Every day, users like you do something epic on the Stocktwits app or web. Here is today’s little dose of awesome, brought to you by user quant_guy.
And because we’re about safety at Stonktwits, get your arm floaties ready because you might get flooded with new followers and, unfortunately, once-in-a-lifetime investment opportunities to restore a deposed monarch, currently living in exile somewhere back to power.
I’ll keep the details short and simple here because time is running out, and if I’m not done on time for pizza night with the kids, my wife will be very mad. 🍕
I almost wrote she’d kill me, but if I did that, there’d probably be a SWAT team and an army of social workers making sure I’m ok.
Look at the 1-minute chart below from yesterday’s intraday price action on $SHIB. 🤯
It was one of the craziest swings of all the major market cap memecoins by far, just an insane move. And how did the Stocktwits SHIB stream react? Like you’d expect any high class degen to react: Unf*cking fazed.
Will Bitcoin ever match the gold in investors’ portfolios? 🏅
JP Morgan ($JPM) thinks that for Bitcoin to rub shoulders and match the allocation of gold in investor portfolios, its market cap would need to skyrocket to $3.3 trillion.
I wanted to add this to yesterday’s Litepaper, but there wasn’t enough room. 🪗
There’s a lot of folks on social talking about the monthly RSI and how it’s above the default overbought level of 70. That’s happened before.