yeah, I am not specifically into stocks, but I have seen so much of this in other spaces. people get herded (ponzi/rugpull style) for the benefit of a few and, when price action is the only consideration, you have to be where everyone congregates to read the room and establish the groupthink.
I suspect that degens/apes are gonna be very hard to pull over to a new space without some real deep gravity well to attract them.
yeah, I am not specifically into stocks, but I have seen so much of this in other spaces. people get herded (ponzi/rugpull style) for the benefit of a few and, when price action is the only consideration, you have to be where everyone congregates to read the room and establish the groupthink.
I suspect that degens/apes are gonna be very hard to pull over to a new space without some real deep gravity well to attract them.
Which is a real shame. Hopefully we get some things going soon. It's still early days v
I've no idea what's been going on with the stock since reddit blackout