Just like the old days...

in LeoFinance3 months ago

Hey, I just watched this video from Altcoin Daily, and it’s got me really thinking about what's happening in the crypto world right now. The video basically says we're at a critical moment, kind of like what happened in 2013, 2017, and 2021, and that if you're not in the game, you might miss out.

The main point is that there's a huge supply squeeze happening with Bitcoin. There's less and less Bitcoin on exchanges, which the video says is at its lowest level since 2019. Plus, with a lot of institutional money coming in through ETFs, the demand is going up. They even mention Ark Invest, which has upped its price prediction for Bitcoin to $2.4 million in the next 5-10 years.

But it's not just about Bitcoin. The video also highlights Ethereum and Solana. It calls this Ethereum's "2017 Bitcoin moment," explaining that a lot of big players are starting to adopt it. This is happening because of things like stablecoins getting a green light and the SEC pushing for the entire financial system to move to the blockchain. Ethereum is seen as the go-to for Wall Street because it has had zero downtime and is legally compliant.

Then there's Solana, which the video calls "the new Wall Street." It's being built to handle things like tokenizing stocks and bonds, and it's seen as a strong competitor to Ethereum. The video talks about how both Larry Fink of BlackRock and SEC chairman Paul Atkins are saying that all financial assets are going to move to blockchain-based rails.

Finally, the video wraps up by saying that it's not just Bitcoin, Ethereum, and Solana that are set to explode, but other quality altcoins as well. It mentions that many financial institutions are racing to file for altcoin ETFs, which is a big deal. They also mention that some major banks are predicting Bitcoin could go to $200,000 by the end of the year. The overall message is that the failure of fiat currency could lead to a massive and quick surge in crypto prices.

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