Don't be misled into thinking that Mt. Gox is responsible for the current market situation. They will be returning tokens over the next three months, and exchanges will hold them for up to 90 additional days. This means that the last refund won't be available for sale for six months, which translates to approximately 800 coins per day, valued at around $40 million. Considering the daily volume is around $40-50 billion, the Mt. Gox refund is relatively insignificant. The recent price drop is not a dump, but rather a healthy correction. I expect the price to dip slightly below $50,000 before rising again towards $100,000 this year. I'm taking advantage of this opportunity to buy more Bitcoin and Solana, and I'm also keeping an eye on People coin. If it drops another 10-20%, I'll be buying more.

#SOFR_Spike #Write2Earn! #ETH_ETFs_Approval_Predictions #LayerZero #MtGoxJulyRepayments