🚨Standard Chartered report says many DATs are now falling below the critical mNAV level, making it difficult for them to acquire more assets. Only major players with cheap capital and solid strategies can survive. The rest are at risk of being crushed by consolidation.

[Foundation backed alt DATs for most coins in the top 50 are coming. Ignore the mNAV compression FUD and BTFD before Wall St starts aping!]

🚨Moody’s puts the 12-month US recession probability at 48%, just below the 50% threshold. Historically, the probability never got this high without a recession following up.

[Still many months of bull left. Ignore recession FUD, BTFD!]

🚨Blackrock: We stay risk on as the Federal Reserve likely resumes cutting policy rates this week. A softening labor market gives the Fed space to cut, helping ease brewing political tensions from higher interest rates.

Blackrock knows the September FOMC meeting is not just about a rate cut, but marks the beginning of a new rate cutting cycle.

[$3tn are about to flood markets, BTFD before everything moons!]

🚨Fund manager sentiment (per Bank of America) rose to the highest level since Feb '25 in September.

🚨Bitwise expects an imminent ‘ETPalooza’ similar to the ETF boom following the 2019 ETF rule once the SEC signs off on the Generic Listing Standards for ETPs proposed by major exchanges.

Expected impact on the Crypto ETP Space:

*reduced time-to-market
*Increased number and variety of products beyond BTC and ETH
*increased accessibility for retail and institutions

[BTFD before Wall St starts aping!]

🚨American Bitcoin now trading on Nasdaq. Ticker: $ABTC

American Bitcoin mines and accumulates BTC. It holds >2,400 BTC and recently raised $2.1B planned capital for expansion.

[Big money is about to flood crpto, BTFD before everything moons!]

🚨Crypto app rankings show retail still on the sidelines.

[We're still early, BTFD!]

🚨BofA Survey: 2/3 of fund managers have 0 allocation to crypto

[We're still early, BTFD!]

🚨Total funds borrowed for leveraged trades in retail margin accounts has climbed another 5% since reaching $1tn in June

[This is mostly from the top 10% income bracket. We're still in the pre-retail phase!]

🚨SOFR, the interest rate that dealers pay to borrow cash from each other overnight in the Treasury repo market, has spiked to 4.51%. This is 0.18% above IORB, the interest the Fed pays to the Banks on their Reserve Balances.

[A good reason for Powell to panic and deliver a 50bps cut tomorrow! BTFD!]

🚨MANY PRIVATE CREDIT FUNDS ALSO TRADING BELOW 80 CENTS ON THE DOLLAR FOLLOWING TRICOLOR COLLAPSE

[Another sign of systemic stress and a good reason for Powell to panic and deliver a 50bps cut tomorrow. BTFD!!]

🚨Early Cycle Signs: Temporary help services and overtime hours in nonfarm payrolls have bottomed and are rising.

Historically this has marked the start of a new expansionary cycle.

[This is inline with our base case of 9 more months of bull. BTFD!]

🚨BofA Survey: 47% of professional fund managers expect the Fed to cut rates 4 or more times in the next 12 months.

[It's not just tomorrow, we're at the beginning of a whole new rate-cutting cycle. Bullish, innit?]

🚨Over $25B flowed into DATs in Q3 so far, 54% of that went into ETH alone. The rest flew in alts like SOL, BNB, SUI and even newer entrants like HYPE.

The DAT trade is expanding beyond BTC/ETH signaling corporate treasuries see asymmetric upside in alts.

[Most altcoins in the top 50 will get DATs. BTFD before everything moons!]

🚨More onchain evidence of fresh "dry powder" building up for deployment ahead of FOMC: over $9bn in stablecoins has flowed into exchanges in the past 48 hours.

[BTFD before big money pumps everything!]

🚨Yardeni: Another round of rate cuts in this cycle likely to not lower the unemployment rate and to cause inflation to remain above the Fed's target, while fueling speculative fires in the stock market.

[BTFD before speculative fires intensify!]

🗂THE DERO BULL CASE (exclusive research report by @bullcase)

Ticker: DERO
Mcap: $4.5M
Target Q3 2026: $5B
Supply hardcap: 21M
Circulating supply: 16M
First Halving: Q1/Q2 2026
Consensus: POW

WHITE FLAGS:

🏳️Attacked with heavy FUD since 2022
🏳️Knowledgeable community of hardcore cypherpunks that fought & won over the FUD

DERO COMMUNITY ACHIEVEMENTS:

↳ Expose the true history of Monero and how it was hijacked from its original dev thankful_for_today*
↳ Expose that Monero is traceable* and a honeypot*
↳ Expose Monero's Cake wallet for not being reproducible*
↳ Expose connections between Chainalysis and developer funding in monero*
↳ Trace a Monero transaction using a simple Monero block explorer*
↳ Expose how all UTXO privacy chains Monero, Arrr and Zec are traced*
↳ Expose Dandelion as an attack on Monero's communication layer privacy*
↳ Expose selfish mining attacks as part of an operation to switch Monero to POS*

List of main FUD points against DERO:

✅ DEANONYMIZATION FUD*: misrepresentation of an alpha wallet bug as a protocol issue through an untruthful vulnerability report. A Dero community investigation found that the Author, a Monero developer, lied in the report and coordinated with an entity that dumped 400K Dero* few days before the sensationalist bug report was released.

✅ INFLATION BUG FUD*: An entity called ‘Derolytics’ followed up on the wallet bug and built an explorer exposing amounts, sender and receiver of all transactions that used the vulnerable wallet. The explorer showed 1 transaction with negative amount. Derolytics subsequently published a report calling this transaction proof of an inflation bug. A Dero community investigation found that Derolytics’ report used a fabricated deroproof.

THE ACTUAL BULL CASE:

↳ DERO HAS THE MOST ADVANCED ONCHAIN PRIVACY TECH BY FAR: Contrary to all other privacy coins that rely on single use outputs (UTXO accounting model), Dero is the only privacy coin that uses accounts that are updated homomorphically in encrypted state.

↳ DERO HAS THE MOST PRIVATE PEER TO PEER COMMUNICATION PROTOCOL BY FAR: Contrary to all other privacy coins that use TCP and rely on VPNs, TOR, Dandelion or other L2 solutions to obfuscate traffic origin, Dero natively combines UDP, with TLS and erasure coding.

↳ DERO HAS THE ONLY INTERPRETER VM IN CRYPTO: Dero’s smart contracts run on an interpreter VM that executes code directly without relying on compilers. This eliminates compiler risk.

↳ DERO HAS THE MOST ADVANCED BULLETPROOFS IN CRYPTO: Bulletproofs are cryptographic proofs that verify an account cannot spend more coins than they have. BPs are the Achille’s heel of all privacy coins, a bug in BPs is always fatal. In 2018, Dero’s BPs didn’t have any of the vulnerabilities found in Monero’s bulletproofs by Quarkslab. Today Dero’s BPs are the first and only BPs designed to work with homomorphic encryption and smart contracts.

↳ DERO HAS THE MOST ADVANCED & EGALITARIAN POW MINING ALGO ASTROBWT*: The selfish mining attacks that keep happening on Monero and are forcing it to switch to POS are not possible on Dero.

↳ DERO SHORT SQUEEZE: Community activists have noted that the whales behind the latest 1 year and a half FUD campaign have sold a lot of Dero before the campaign started. The sheer sophistication of the campaign suggests a commercial motive: sell high, then drive the price down with the fabricated inflation bug report to buy back cheap when panic kicks in. Since the report was debunked in time, a short squeeze now looms as these same actors attempt to re-enter their positions.*

COMPETITION: XMR, ZEC, ARRR, ZANO none
WHERE TO BUY: nonkyc, Coinex
WALLET: Engram, download the latest Engram release here

✅ = Bullcase's most experienced analysts have independently reviewed all the facts in-depth and determined that it is FUD.

Disclaimer: This research report is for information purposes only. Never trust us, always DYOR before deciding. To discuss Dero in-depth with our analysts & researchers join @monerouncensoredchat

🚨September dot plot: 2025 median still implies 50bps of cuts, but the distribution has shifted lower (dovish tilt).

[Dots will keep moving lower, BTFD before big money floods in!]