Oh honey, you won’t believe the latest drama in the crypto world. Remember when Donald Trump, our former commander-in-chief and self-proclaimed “stable genius,” decided to dive into the cryptocurrency pool with his World Liberty Financial project? Well, darling, it’s going about as well as his hair in a windstorm. πͺοΈ
Picture this: They’re selling their Ethereum faster than Mar-a-Lago’s kitchen staff during a health inspection. The project just dumped 5,471 ETH at a price that would make even a garage sale look profitable. It’s like watching someone try to return a wedding dress after the divorce – desperately taking whatever they can get. π°ββοΈπ
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But wait, there’s more! Some whale (crypto-speak for “rich person with too much money”) who’s been hodling ETH longer than most people keep their New Year’s resolutions finally threw in the towel. After sitting through the $4,000 high like it was a boring congressional hearing, they settled for scraps. I haven’t seen someone miss an opportunity this badly since I tried convincing my French host family that I was fluent in their language by saying “mercy bucket.” π
The market experts (aka people who stare at charts all day while drinking Red Bull) are now predicting ETH might find support at $1,200. That’s like saying your dating life might find support at your mother’s dinner table – technically possible but painfully optimistic. π
And just when you thought it couldn’t get more entertaining, some analysts are suggesting we’re at the “cycle bottom.” Which, if you ask me, is eerily similar to what my trainer says right before making me do another set of burpees. The Fed might start printing money again in May, which could help ETH recover – because nothing says “sound financial policy” like throwing money at problems until they go away. π’
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2025-04-09 08:43