The latest altcoin narrative is ironically altcoin treasury companies.
Ethereum, Solana, Doge, Litecoin, etc treasury companies.
Just like past cycles, they’ll have their day in the sun and then roll over into obscurity again.
Discussion
Fading to oblivion..
I wonder what kind of companies do that.
Yup
I’m starting a Pokémon card treasury company. Probably would do better than an altcoin version 😆
That's already Gamestope
Honestly though what half decent self respecting capital allocator is falling for this shit. Surely they corruptly see it as a pump and dump on retail and just don't care.
all these years later and still trying to find a use case eh?
They should buy airline miles to the companies' treasury while they are there. It's a great deal.
whaaaaaaat. I think “one of these things is not like the others” … and it goes two ways.
i look forward to their demise
If they are smart the ones that yield via staking better be using that to stack Sats.
Then they are not smart in the first place
I just don’t understand how someone would think a Doge treasury company has any logical reason behind it
The last idiot is not born yet.
And that will be hilarious to see when it happens.
Hopefully take out some institutions that ought to have passed on long ago
Well, there are people out there gullible to all kinds of scams. Just as there will always be poor people in our world, there will always be suckers too. Stay humble and stack sats! Thank you for all your hard work and education Lyn! #CelebrityDeathRaffle
do you think peter thiel is the gullible type or is it possible he knows something we don't?
Not so obscure that everyone knows these as well as they know Bitcoin.
The only real decentraluzation can come from a multicoin economy.
100.
Stay humble stack sats
agreed its all trash. but does peter thiel know something we don't know?
Yes, he knows that retail investors are his exit.
Yes …. What work has got into Tom Lee’s brain??