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Dogecoin (DOGE) whales are shifting their focus from meme-based assets to early-stage utility tokens, as evidenced by their interest in a new altcoin that has surged over 300% since the start of the year. Analysts note this trend reflects a broader change in the crypto market dynamics.
Peter Schiff argues that Bitcoin holders are missing out on gains even though the asset is not crashing yet. source:
Murad Mahmudov argues that belief-based assets provide the only asymmetric upside for retail investors as rampant inflation erodes traditional wealth. The post New Thesis: ‘Cult’ Coins Only Path to Outsized Returns first appeared on The Shib Daily. source:
Momentum is building behind efforts to pass a crypto bill, though observers say it still lacks the Democratic support needed to become law. source:
Top Cryptocurrencies Fall; Bitcoin Holds Above $89,000