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#MemeWatch2024 Dogecoin Creator Teaches GameStop Bull Roaring Kitty Major Lesson. 📣 Dogecoin co-creator criticizes GameStop bull Roaring Kitty's social media approach, offering important advice ✍️ Keith Gill, widely known as Roaring Kitty, recently made a comeback to social media, three years after his influential promotion of GameStop's stock in 2021. Gill's return saw the stock soaring nearly 300% within a week, largely driven by his hourly and then half-hourly meme video postings. 🔹This surge of content left many, including crypto enthusiasts and fans, deciphering hidden passphrases in the videos, though the exact messages remained elusive. 🌐 Michael Saylor Delivers Surprising Meme Bitcoin (BTC) Statement 🔶 Amid the craze, Billy Markus, co-creator of Dogecoin, known as Shibetoshi Nakamoto, voiced his frustration over the frequency of Gill's posts. Markus advised that less frequent posting might be more impactful, suggesting that Roaring Kitty should limit his video posts to every few hours instead of every few minutes. 🔷 Markus clarified that his intention was not to prevent Gill from sharing his content but to offer constructive advice. He emphasized that spacing out the posts could make each one more effective. 📣 DOGE also dismissed any personal interest in GameStop stocks, neither supporting nor opposing the stock. He noted that many of Gill’s followers were reacting defensively to any criticism of their perceived leader, displaying what he considered insecurity and a lack of critical thinking. 🌐 Dogecoin (DOGE) Creator Breaks Silence on Ethereum ETF 🔶 Markus further questioned the notion that Gill's frequent posts were an attempt to avoid suspicion of stock manipulation. He argued that if Roaring Kitty had not faced such accusations before, the increased frequency of posts was unlikely to change that. 🔷 Instead, he suggested that strategic timing and thoughtful content could serve Gill better in maintaining his influence without overwhelming his audience. $DOGE $MEME $BTC

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#MemeWatch2024 Shiba Inu (SHIB) Witnesses Epic 1,510% Growth of Key Metric, But There's a Catch 🌐 Shiba Inu's crucial whale on-chain metric surges by 1,510%, reflecting changing investor sentiment amid market volatility; what does this mean for SHIB's price? 🔶 In an eye-catching turn of events, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has experienced an epic surge in a crucial on-chain metric within the span of just 24 hours. ✍️ This Next Shiba Inu (SHIB) Resistance Is Pivotal: Details 🔷 The Large Holders Outflow metric is instrumental in tracking the movement of funds exiting addresses held by whales or investors, each owning over 0.1% of the cryptocurrency's circulating supply. Such monumental increases in outflows typically raise red flags, hinting at potential panic-induced selling. 🔶 On the other hand, however, it can mean significant withdrawals from exchanges, which is traditionally a bullish signal. ✍️ What does it mean for Shiba Inu (SHIB) price? 🔷 This surge in outflows can be interpreted in multiple ways. On one hand, it may indicate large holders offloading assets amid heightened market volatility to manage positions and dodge liquidations. 🔶 Conversely, the exodus of funds from exchanges, which often hold substantial amounts of cryptocurrency, suggests a different narrative, possibly indicating a shift in trading strategies or investor sentiment. $SHIB

🌐 #BitcoinETF💰💰💰 Bonanza: Largest Holder of #BlackRock Ark Funds Revealed #ETFvsBTC 🔹Bracebridge Capital, a little-known hedge fund in Boston, has emerged as one of the largest holders of spot Bitcoin ETFs, holding hundreds of millions of dollars worth of the assets in total—including the largest individual tallies in the BlackRock and Ark Invest/21 Shares ETFs. 🔸“They went wild, basically” wrote Bloomberg ETF Analyst Eric Balchunas in a post on Twitter (aka X), pointing to the firm’s $363 million in Bitcoin exposure across ETFs issued by BlackRock ($81 million), Grayscale ($20 million), and Ark Invest/21Shares ($262 million). 🔹Excluding market makers and so-called authorized participants, which play a key part maintaining accurate prices for spot Bitcoin ETFs through the creation and redemption of shares, Bracebridge Capital’s holdings represent the “new high water mark, Balchunas said. 🔸Established in 1994, Bracebridge Capital has approximately $12 billion in assets under management, according to the firm’s employment page. Described as the largest woman-run hedge fund in the world in 2016, the “secretive” firm also manages funds from the endowments of Princeton University and Yale University, 🔹A filing with the Securities and Exchange Commission (SEC) values Bracebridge Capital’s spot Bitcoin ETF holdings at $434 million in March—not including options. The snapshot of the firm’s U.S. traded equities in the first quarter, among other positions, came when Bitcoin’s price was close to $72,000. Now it's around $62,700. 🔸Behind $300 million in Ark Invest and 21Shares’ Bitcoin ETF Bracebridge Capital reported holding $100 million in BlackRock’s Bitcoin ETF, and $26.5 million in Grayscale’s Bitcoin Trust. 🔹In addition to holding shares of BlackRock’s spot Bitcoin ETF, Bracebridge Capital held options for the product worth $284 million at the time. Not including other spot Bitcoin ETFs the total exposure to BlackRock’s product represented 47% of Bracebridge Capital’s reported holdings. $BTC

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