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JUST IN: 🇭🇰 Two Hong Kong based asset managers just reported owning us-based BTC ETFs. $38m by Yong Rong $74m by Ovata Did you bought the dip? #BlackRock #MicroStrategy #Bitcoin #buythedip

JUST IN: 🇭🇰 Two Hong Kong based asset managers just reported owning us-based BTC ETFs.

$38m by Yong Rong

$74m by Ovata

Did you bought the dip?

#BlackRock #MicroStrategy #Bitcoin #buythedip

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Fundamental Analysis on $SAGA Write in front: 1) $SAGA is a horizontal technology, not a vertical technology. If I want to publish my own game, I don’t need to use SAGA. I can use the SDK to publish my own chain and use my own tokens as gas fees. 2) $DYM TIA COSMOS is a vertical technology. If I publish my own game, I need to use the data layer (DA for TIA), settlement layer (settlement for DYM), SDK (SDK for cosmos), then I use DYM, TIA and Cosmos technology is necessary. My thoughts on SAGA: 1) I think $SAGA is redundant technology. The games that have been announced on SAGA so far don’t have many followers on their official Twitter. Airdrops may not be valuable. 2) SAGA’s current circulation is 200M, with unlimited printing. This is not like a chip game, but more like a one-sided slaughterhouse. VCs stake without a vesting period and are able to sell their rewards. At current prices, VC is still profitable at nearly 18x. It was listed in April. According to calculations, VCs only need to sell rewards for one month in a row to make back their capital. 3) SAGA's current airdrop is itself, which may cause the price to drop, and requires loyalty, encouraging people to stake rather than sell. This is more of a scam, making investors an ATM. 4) There are differences within SAGA’s team. 5) Anyone can say they are an adviser to Biden, but whether to do so publicly is another matter. I don't believe in the identity of the CEO, Rebecca Liao. 6) The team established a rat position and they had no funds to protect the market. SAGA will be in shock for at least 2-3 months. Whether it will rise significantly is another matter and needs to be based on market analysis. And there are no market makers.
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