DoomPosting
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Degens Deteriorating
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Strangely, many memecoins continue to pump

Whereas usually memecoins would dump far harder whenever the majors dump

Strange times

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ„ΎπŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ”₯2πŸ‘€1
After checking the crypto charts I thought I'd go for a drive to clear my head

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
😭6πŸ’―2
Just WOW.

I dont know if this will ever happen again.

This is truly an unprecedented day in so many ways.

The 1 year liquidation map now has:

- $100m longs

- $29bn!!! Shorts

That is 290x more shorts than longs... WOAHHH!

They have quite literally cleared the entire book of longs.

Holy ffffffff.

Honestly cant believe how wild this is.... JFC.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘€2
BREAKING:

$1 trillion wiped out from US stocks.

$330,000,000,000 billion wiped out from crypto today.

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🫑2
The last time Bitcoin had 5 consecutive down months it bottomed. 58% drawdown during that period, this time we are at about 50%. The candles look bigger and are scarier but percentage wise very similar

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
What is happening in crypto?

Since October 10th, crypto markets are now down -50%, erasing $2.2 TRILLION worth of market cap.

Bitcoin has officially erased ALL of its post-election rally, now down -10% since Trump's election.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
DoomPosting
What is happening in crypto? Since October 10th, crypto markets are now down -50%, erasing $2.2 TRILLION worth of market cap. Bitcoin has officially erased ALL of its post-election rally, now down -10% since Trump's election. πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
As of 8:00 AM ET today, Bitcoin has officially erased its post-election rally.

Yet, over the last 60 days, the fundamental picture for crypto is actually vastly unchanged.

This is why many investors are confused.

Why is crypto crashing if the fundamental picture is unchanged?

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
😁1
How it feels to be a delusionally optimist bull around beartards

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😁2
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NEW: The World Anti-Doping Agency is reportedly investigating whether or not Olympic ski jumpers are injecting their pen*s' with hyaluronic acid for a competitive edge.

The announcement comes after German newspaper Bild reported on the bizarre accusation.

The outlet reports that multiple people were previously banned from competing after it was revealed they adjusted their suits around the crotch area to provide extra lift.

The scheme made the suits larger, reducing the rate at which they descended.

One study found that for every 2cm in "suit size circumference," there was a 4% reduction in drag, increasing lift by 5%, which can reportedly add an extra 5.8 meters in the length of the jump.

"Jumpers have switched to other methods to game the system when they are measured for their suits, data for which is taken by a 3D scanner from the lowest point of their genitals," the Guardian reported.

"They include injecting acid into their penises or putting clay in their underwear to make their measurements temporarily bigger and therefore their suits looser for when they compete."

In response to the report, Wada president Witold Banka said he was "going to look at it."

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά