“YOLO”: Ripple CTO Reacts as Analyst Swaps BTC, ETH, XRP, SOL for DOGE/BONK
- Crypto analyst shifts from large-cap assets to meme coins, betting on higher returns.
- Bitcoin and Ethereum show mixed signals, with volume declines hinting at consolidation.
- Bonk surges 6.26% as retail interest grows, signaling rising speculative momentum.
Crypto analyst Tony Edward announced a significant portfolio realignment the other day. He revealed exiting holdings in large caps Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) to instead favor meme coins Dogecoin (DOGE) and Bonk (BONK).
Edward expressed confidence these meme coins, though highly speculative, will outperform established crypto leaders in the current market cycle.
His stance notably drew a brief, humorous reaction from Ripple CTO David Schwartz, who simply replied on X (formerly Twitter) with the popular acronym, “YOLO.”
This response arguably highlights a broader current market mood involving high speculation, risk-appetite, and the potential for unexpected asset performance.
How Are Major Cryptos Performing?
Bitcoin, currently trading at $84,971.94, saw a modest 2.04% daily increase despite a weekly d…
The post “YOLO”: Ripple CTO Reacts as Analyst Swaps BTC, ETH, XRP, SOL for DOGE/BONK appeared first on Coin Edition.
Read More
“YOLO”: Ripple CTO Reacts as Analyst Swaps BTC, ETH, XRP, SOL for DOGE/BONK
- Crypto analyst shifts from large-cap assets to meme coins, betting on higher returns.
- Bitcoin and Ethereum show mixed signals, with volume declines hinting at consolidation.
- Bonk surges 6.26% as retail interest grows, signaling rising speculative momentum.
Crypto analyst Tony Edward announced a significant portfolio realignment the other day. He revealed exiting holdings in large caps Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) to instead favor meme coins Dogecoin (DOGE) and Bonk (BONK).
Edward expressed confidence these meme coins, though highly speculative, will outperform established crypto leaders in the current market cycle.
His stance notably drew a brief, humorous reaction from Ripple CTO David Schwartz, who simply replied on X (formerly Twitter) with the popular acronym, “YOLO.”
This response arguably highlights a broader current market mood involving high speculation, risk-appetite, and the potential for unexpected asset performance.
How Are Major Cryptos Performing?
Bitcoin, currently trading at $84,971.94, saw a modest 2.04% daily increase despite a weekly d…
The post “YOLO”: Ripple CTO Reacts as Analyst Swaps BTC, ETH, XRP, SOL for DOGE/BONK appeared first on Coin Edition.
Read More