Shitcoin Newsletter #125 - Elon, Doge, Moon!
What a time to be alive. Elon is pumping Bitcoin and Doge, everyone is adding quiffs to their profile pictures in support of r/wallstreetbets and our portfolios look better than ever. We hope you enjoy this latest edition of the newsletter, there’s a lot to get through.
Big news this week was that the world’s meme-iest Billionaire finally told the world he likes a little Bitcoin.
There was also a crossover between stonks and crypto that we hadn’t really witnessed before. Justin took the opportunity to pump TRON.
And get a dope new profile picture in the process.
As the GME hype train subsided it was only a matter of time before the money moved into decentralised markets. The r/wallstreetbets homies expanded their horizons and entered crypto (via Doge), at one point pushing the price to $0.07 per coin.
Elon called it.
Peter also called it. Although we’re unsure on the legitimacy of this particular claim.
We are happy to report that Cobie managed to get some diamonds out of the pump. Well played ser.
Some were not so lucky. This video is must watch.
As the Doge pump levelled out, Elon dropped another bomb on us as he started inadvertently shilling.
After all, it’s prime time to be getting out of that filthy fiat with the dollar shorting itself…
If all of this isn’t enough for you to change your investment/degen thesis then here is a great explanatory meme that you need to check out.
Cousin gets it.
With all of this going on it’s worth reminding you how worse off you’d be if you followed Peter Schiff’s advice.
Now to Romano. He has been busy schooling Twitter with life lessons.
Unfortunately though, even if he calls his parents by their first names he was having a rough day on the stomach and dental front.
Here’s a post from Peter. He bought his Dad a sick new whip!
Sam Bankman-Fried on the other-hand is not buying any new vehicles as he believes your withdrawals should be free. Should we start a GoFundMe to get Sam a PJ?
We are happy to report that FTX has enjoyed insane uptime. They appear to be able to manage the volume. Coinbase have not been so great in recent weeks.
In the final bit of company news this week, Jihan is out of Bitmain.
Now to round this one off we venture into an interesting corner of crypto. Crypto astrology. Maren has popped up and built a cult audience. Here is one of her latest tips.
The best bit about this is that astrology twitter hate her.