I know some of you would much rather see me give up & lose & thats fine. You simply dont see what I see & you're a hater & thats fine also.
But
$ANDY WILL go on a historic tear to the upside whether you like it, like me, like the meme, like the community or NOT!
There's all this yap every single day about "memes are dead" or "dilution killed this cycle" blah blah blah I genuinely dont care or want to hear it because thats not the primary cause of what we're dealing with.
This is what's really happened with this cycle so far...
1). It was an expedited cycle in the beginning &
$BTC made a new ATH before the halving.
2). Everything rapidly repriced off of the 2022 bear market floor; stocks, crypto etc.
3). New crypto tickers launched & pumped hard.
4). Then it become a delayed cycle. Multiple 6-8 month ranges for BTC & ETH. Things got behind historical schedules.
5). Fed too slow to cut rates in the US furthering the delay. Economy remains STRONG, but concentrated in blue-chip names because of the lack of access to cheap capital.
6). Risk assets have yet to have their true cycle because of the lack of cheap capital. QT is ending in 30 days... when QT ends that is signaling THE END of more restrictive policy that has been a HEADWIND for risk assets; Russell 2000 & crypto.
7). All legitimate beta that was born or pumped hard in 2023-24 was simply a beneficiary of ALL ASSETS repricing off of the 2022 bear market lows.
8). The strong/legitmate tickers will thrive when risk assets truly begin to participate in this cycle which they HAVE NOT yet.
If you look at this chart, I genuinely expect something like this for
$ANDY. But the truth is you can find a dozen ticker that look kinda like this. There are many great memecoins out there that showed their demand during the 2023-24 repricing out of the bear market rally & that demand WILL RETURN under the right conditions.