Zoom out to 2021 and they have been absolutely crushed, even in dollar value! 🫡🙌

Interesting: the biger the "reserve" pump the more useless the coin is as this reserve is its only hope for relevance.

give it time. i wouldn't be shocked if bitcoin does not get its market cap weighted % in the reserve. I'd bet on bitcoin being sub 50% of the reserve.

I'd also bet on the seized bitcoin making up most of the bitcoin portion of the reserve causing government buying only on the shitcoins so those will pump in price while minimal net new buying from government on bitcoin.

Indeed. It will be a Darwinian selection process inside the reserve, like everywhere else.

Never let facts get in the way of a good story….unless it’s shitcoins. Then make sure you remind them of the truth. Often and with vigor.