Seeing top calls across the TL. I’m not making a call, but I believe most participants in these markets are failing to grasp the DAT meta — We have Strategy clones popping up for all majors that are price agnostic. Their sole goal is to buy more -> raise more -> repeat. Nearly all of these DATs are diluting their shares to raise, not taking on debt, so they aren’t forced sellers. Think about how much Strategy helped prop up BTC over the past 2 years, now apply that to smaller less liquid assets.
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