“The limited amount of net liquidity is creating a high-stakes game of music chairs,” shared Rafe Tariq, Senior Quant at SingularityDAO in the research note. “Everyday investors are being lured in with the hopes of big profits but the reality is that a small percentage of investors will walk away with profit, while everyone else will get burnt.”
Related posts
-
Nearly 30% of crypto trends focused on meme coins in 2024, survey shows
2024 has seen a dramatic surge in interest in meme coins, with almost a third of... -
Bitcoin price is still undervalued, MVRV indicator shows
Bitcoin price has had a strong performance this year as it jumped by 120%, beating popular... -
Historical Data Shows How High DOGE Will Go This Bull Cycle
Este artículo también está disponible en español. Crypto analyst Dima James has again raised the possibility...