“Is it safe?” For any cryptographic inverter with any remaining cash, that is the key question after the collapse of prices.
Markus Thielen of 10x Research had been correctly bassist in this last recession and is not yet ready to buy the dip.
Like the speculative bubble in Defi/NFT that collapsed after the 2021 bullish market (which gave ETH’s blow to which it has not yet recovered), this time there has been a similar collapse in Memecoins, which has punished not only to Solana (Sun), but a series of associated tokens, he argued.
“This structural decline indicates a weakening base, which makes it a time for
Caution: not the complacency, “Thien wrote in a Tuesday report.” Bitcoin (BTC) is constantly directed towards $ 73,000 … If the story is a guide, the next Movement (UP) will require a new narrative. “
