The Crypto Money Printer is On
357: Alt Coins, Memes, and Bitcoin Adoption
Alright lords strap in. We got a lot to cover and money is falling into peoples laps left and right this bull cycle.
Many of you have DMd me or shot me a note thanking me or talking about how the calls you’ve seen in Arb Letter have made you money — I’m glad. That’s the entire point of the financial aspects we cover in this newsletter.
I hope it’s becoming apparent to readers that might still be skeptical or hesitant that I’m not in the business of fluffing things up or misleading you with noise like other influencers and figures online.
Whether it was the Trump assassination predictions we made, the god pump from $PLTR, or the recent string of cryptos that have absolutely taken off into the nebula galaxy (XRP, LINK, AAVE, PEPE, etc.) the core goal in Arb Letter is to provide you with unbiased and clear calls on what I think is going to happen so that you can make your own judgement and benefit. Thats it.
The track record looks good.
I will aim to keep the wins coming.
I’m not going to get everything right of course, but by compiling information, data, and signs consistently and by crowdsourcing the takes and sentiment I see online daily, we can attempt to give you the most sober view of what’s happening and what’s likely to happen in the future.
I have found so far that being a contrarian, skeptic, and realist has helped me in this endeavor. Probably because there’s so much noise, bullshit, and horrific takes form those the establishment deems and labels as “official” and credible, but I digress.
Everything ends up coming to light in due time.
Bitcoin persevered. It isn’t a ponzi or fad. It’s immutable hard money.
Covid was found to be a scam and man made phenomenon (more on that later).
The Biden administration lied endlessly and still pardoned Hunter.
The media said Kamala would win and she didn’t.
Time has a way of revealing the truth and rendering the charlatans and liars powerless.
Today we have a lot to cover as there’s been some major geopolitical updates that will impact the U.S. and world moving forward. In addition to covering that towards the end of today’s post we will spend the majority of today walking through crypto market action, what we can expect next, and which tokens/plays I am viewing right now as the alt coin market heats up (like I said it would).
Major alt coins that many had since written off as dad are fucking ripping. People are making a shit ton of money. The bull cycle is in full momentum:
Bitcoin Institutional News:
MicroStrategy Adds to Bitcoin Holdings (Saylor is a lunatic):
Recently acquired 15,400 Bitcoin, bringing its total holdings to over 402,000 Bitcoin.
Invested more than $1.5 billion this week, continuing its aggressive accumulation strategy.
Despite this move, the company's stock has seen minor fluctuations due to overall market volatility.
Chainlink in Europe:
Chainlink Partners with Tokenized Securities Provider:
Partnered with a Frankfurt-based firm to enable the settlement of tokenized assets across blockchains using Chainlink's Cross-Chain Interoperability Protocol (CCIP).
The partnership operates under German financial regulations and aims to further integrate blockchain solutions into traditional finance systems.
Price Updates:
Cardano (ADA):
Currently trading around $1.28, with recent fluctuations between $1.06 and $1.30.
Showing a positive trend with potential for continued growth in the short term.
Ripple (XRP):
Currently priced near $2.72, with recent movement between $2.24 and $2.81.
Experiencing strong upward momentum, boosted by positive legal and investor developments.
Quite a bit happening. Let’s start with my take on why these alt coins are ripping, what these major news updates mean for Chainlink, Bitcoin, and other tokens/assets, and then we will move into strategy and what I expect to happen next in terms of the cycle and when “tops” might come into play.
Your success in this market and how much money you take away are going to come down to timing and having the best information and sentiment reads you can compile. People are changing their lives this cycle and gaining independence, freedom, and economic prosperity. Don’t sit on the sidelines too long or you are going to miss a once in a lifetime opportunity.
Let’s get it — these bandos are waiting young kings.