Smart Money Insights. September: The Bear's Grip Tightens.
13 Sep 2023, 08:37
š Smart Money Insights š
š September: The Bear's Grip Tightens!
Smart Money remains cautious, with stablecoin holdings around 15%, a move likely in anticipation of "red September." They're preparing to buy when they believe we've bottomed.
In uncertain times, Smart Money accumulates stablecoins and liquid staking recipe tokens to earn interest during market uncertainty.
Excluding stables and recipe tokens, here's what they bought last week:
š„ Inflows (24h): GALA, MOG, LBR, GRAI, WLD
š¤ Outflows (24h): RLB, 0X, PEPE, FUMO, ACX
š¼ Holdings Inflows (7d): SHIB, STG, COMP, BADGER, DORA
š Holdings Outflows (7d): RNDR, LINK, LDO, DYDX, FXS
Most tokens are mid to high caps, typical during uncertain times, indicating a moderate appetite for risk.
$MOG ( @MogCoinEth ) is a microcap meme coin with a "420.690" billion supply, similar to PEPE. While micro cap memes are high risk, Smart Money seems comfortable with this gamble.
Despite short-term challenges, we remain bullish on the crypto industry due to ongoing development and increased institutional interest. Any catalyst can swiftly change sentiment.
Expect higher-than-usual FUD on social media, but use this time to prepare for the next Bull Market. Read, study, and practice to maximize your gains when it arrives.
Dash 2 Trade provides tools for these preparations.š
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13 Sep 2023, 08:52
š¢ Following the community poll, an executive vote (DIP-007) is proposed.
Vote for Deri V4ās Second i-Chain before 10:00 AM, Sep 15th UTC !š
Let's shape the future of Deri V4 together! šŖš«”š
Following the community poll, an executive vote (DIP-007) is proposed.
š¢ Following the community poll, an executive vote (DIP-007) is proposed.
Vote for Deri V4ās Second i-Chain before 10:00 AM, Sep 15th UTC !š
https://misc.deri.io/#/dipseven
Let's shape the future of Deri V4 together! šŖš«”š