40 sats \ 2 replies \ @Cje95 28 Sep \ parent \ on: How shitcoining ruins equity Stacker_Stocks
Yeah its one of those for election season they will reap the rewards so I guess if they become a every 2 year phenomenon then okay they just have to navigate the cycles. Long-term feasibility just doesn't seem to be there and launching a token I think could be the quickest way for them to blow themselves up
Have to wonder if some of those big name investors are expecting a bull market and looking to maximize return on their investment on what would probably initially be a very popular token. I think that would be short lived but they could get it to pump long enough to make a killing.