BobbyBuckle on Nostr: I haven’t read the report from K33, nor do I know much about ETH or futures ETF. ...
I haven’t read the report from K33, nor do I know much about ETH or futures ETF. But I immediately thought about @allen and ‘Only the strong survive.’
If I take things a little bit out of context and also simplify a lot, is the low trading volume (less than 0.2% of the volume of the launch of the Bitcoin Futures ETF) an indication that ETH (and other shitcoins) are mostly trading back and forth between pumped-up tokens? Is this an indication that there is far less ‘real money’ behind ETH’s $200 billion market cap?
@ODELL @MartyBent @Lyn Alden
https://x.com/bendikschei/status/1709249682986131598?s=46&t=RuwEec5tyZOWYoE3-p6pAQ 
Published at
2023-10-03 20:00:26Event JSON
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