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Degens Deteriorating
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Dick Cheney’s casket arrived at Washington National Cathedral with a wrinkled cloth draped over it.

Cheney was the architect of wars that cost the lives of American service members and countless children overseas.

He also allowed a major terrorist attack to occur on U.S. soil.

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Chief of the French Armed Forces:

"Prepare yourselves: in 3-4 years a war will begin. And we will have to agree to sacrifice our children"

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WHY are markets crashing? Our logical explanation:

There is quite literally only ONE headline that can even be partially blamed for such a sudden market crash.

At 11:20 AM ET, the US Labor Department said the November and October employment "situation" will be released on December 16th.

By this point, the S&P 500 was already down -70 points from its high seen at 10:30 AM ET.

However, in the 40 minutes after this announcement, the S&P 500 crashed another -120 points.

We now know that the Fed is effectively entering another interest rate decision with an economic data blackout.

Markets do NOT like information asymmetry.

But, is this really enough to erase nearly -$2 trillion in market cap in a matter of minutes? In our view, this was just the "switch" that shifted sentiment. The reality is that investors are on edge in this market.

When a sudden decline begins, investors rush to the exit because the "bubble is popping." This works in the opposite direction as well.

When stocks surge, the rally accelerates quickly as capital rotates back into AI stocks, because "AI is the next big thing."

The reality is that we now live in a market where ANY headline can drive trillions of dollars of market cap in a matter of minutes for one sole reason:

Sentiment is more polarized than ever.

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U.S. President Donald J. Trump advocates for the arrest, prosecution, and execution of several Democratic lawmakers and military veterans who recently published a video urging servicemembers to refuse β€œillegal orders” and uphold their oath to the Constitution, calling them β€œtraitors” and accusing them of β€œSEDITIOUS BEHAVIOR AT THE HIGHEST LEVEL.”

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BREAKING: Kalshi traders forecast Bitcoin to drop as low as $80,000

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When you tried to warn everyone Bitcoin is going to $26,000 but no one believed you

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BREAKING: The S&P 500 falls nearly -2.5% in 80 minutes and turns negative on the day as crypto collapses

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NEW: A hyperventilating Democrat Senator Chris Murphy drops the F bomb while raging about Trump's recent Truth Social post.

Murphy fumed over Trump's suggestion of the death penalty for Congress members who called on the U.S. military to refuse orders.

"Maybe it's time to pick a f*cking side!"

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This is one of the fastest moving crypto bear markets ever:

On October 6th, crypto hit a record $4.27 trillion in market cap.

Today, crypto's total market cap is back below $3 trillion.

That's -$1.3 trillion in 45 days.

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β€œOil is the second most prevalent liquid on Earth”

β€œIt’s called fossil fuel for the public to think it’s going to run out”

β€œIt’s not going to run out for an awfully long time”

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Grant Stinchfield speaking out against the Islamification of America

β€œThe end goal: Complete Muslim take-over. Our leaders need to take this threat more seriously”

β€œThey want the white man eradicated. They want our cuisine eradicated. They want our churches eradicated. They want our kids to be indoctrinated into Islam. They want to take over the world, and for some reason, we here in America are letting it happen”

β€œWe are in a world of hurt, as this expansion of radical Islam, Sharia, takes over Texas. Texas. We cannot let that happen.”

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Someone snipped like 7.1% of the Jesse token, can we please add like some MINOR protections please. At least for the hyped launches. Like jessepollak had to know this was going to be hyped. I’m not trying to hate here I’m just genuinely curious why there aren’t more concerted efforts to stop the creator/content coin snipping.

they also disabled the profile fetching api on their website at the very first minute of the launch (as a counter measure I presume) but wouldn’t this just mess up regular users just trying to get the CA from the website, and help the snipers? Since they are doing it at the contract level?

I’m low key starting to think at this point it’s in house snipping and that’s why they don’t want to fix the issue. (I want to be wrong)

But feeding 900k(ish) to pure mercenaries can’t be good.

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