There are always some myths of getting rich quickly in every round of the cryptocurrency circle, and this round will definitely be the same 💴
Every round of the cryptocurrency circle has its main theme:
The first round: Bitcoin itself leads the way, the second round: ICO, the third round: DEFI/NFT
This round of native narratives lacks the ability to go viral, but is supplemented by "compliant" narratives 🇺🇸
So far, there are only two types of coins with high certainty:
1. ETF compliant coins (BTC, ETH) (multiple configurations to stabilize the position);
2. MEME coin (MEME is always present in every round, you will become rich if you choose the golden dog).
Speaking of this round of MEME Golden Dog, let’s first review the last round of Golden Dog:
$DOGE rose 156 times from the lowest point to the highest point in 2021 (the first 100-fold coin);
$SHIB rose 1,148,701 times from the lowest point to the highest point in 2021 (part of the increase was taken).
Why are these two coins so popular in 2021? Of course, this is the fundamental condition during the bull market, but it also needs to be connected with the big brother, this person is "Musk" 😁
Let’s review:
April 2019 Musk says BTC "looks tempting"
In March 2020, Musk wrote "Doge is cool"
In May 2020, Musk said Tesla's stock price was "too high" and he would "sell almost all of his material possessions," sparking speculation about whether he would turn to cryptocurrency.
August 2020 SHIB (Shiba Inu Coin) launched
In December 2020, Musk published "One Word: Doge"
January 2021: Release of a parody of the cover of "Dogue" magazine, causing a surge in the price of Dogecoin
January 2021 Add "#bitcoin" to his Twitter profile
February 2021 Posted a series of tweets about Dogecoin, calling it the "people's cryptocurrency" Tesla announced that it had purchased $1.5 billion worth of Bitcoin. Tesla also stated that it plans to accept Bitcoin as a payment method.
In March 2021, Musk announced that Tesla would begin accepting Bitcoin for car purchases.
April 2021 Musk claims SpaceX will send "an actual Dogecoin to the moon"
In May 2021, all kinds of animal memes rose wildly. May 12, 2021: Musk suddenly announced that Tesla would stop accepting Bitcoin payments, and Bitcoin's first peak correction (the first stage of the bull market ended)
July 2021 Musk revealed that he personally holds Bitcoin, and SpaceX also holds Bitcoin (Bitcoin takes a turn for the better)
In October 2021, Musk posted a photo of his Shiba Inu pet Floki on Twitter, and the price of SHIB rose by more than 40% in 24 hours ($SHIB officially started its one-month journey to super god)
The above is the last round of Bitcoin and MEME about the super-god journey of celebrities. It is enough for ordinary people to catch it once. At the same time, congratulations to everyone and me who are still in the market because we have the opportunity to catch the next mad bull golden dog.
The clear main narrative at present is "compliance". The big brother of this round of platforms has changed from "the richest man" to "the president", and the level has been raised to a higher level. The narrative space of MEME has been maximized 🥳
In December 2022, Trump officially announced the release of his own limited edition NFT series, each NFT priced at $99 (Old White also went to play)
April 2023 Trump releases second NFT series
November 2023 Trump's 2024 presidential campaign team announced that it would begin accepting Bitcoin (BTC) and Ethereum (ETH) as donations
December 2023 Trump launches third NFT series
Additional benefits: Those who purchase 45 or more NFTs will have the opportunity to attend a dinner with Trump at the Mar-a-Lago Club in Palm Beach, Florida. Other rewards include the opportunity to have a one-on-one video call with Trump. Physical souvenirs signed by Trump, such as golf balls, cups, etc.
In May 2024, Trump openly supported cryptocurrency in his campaign speech and said that "Biden doesn't even know what cryptocurrency is" 😂
July 13, 2024 Trump was shot, and election MEMEs rose wildly
July 14, 2024 BTC Inc. CEO David Bailey said he spoke with the former president’s team. Despite the failed assassination attempt in Pennsylvania on July 13, former U.S. President Donald Trump is still scheduled to speak at a Bitcoin conference in Nashville, Tennessee.
(The event runs from July 25 to July 27, with Trump set to give a speech on July 27.)
The above is the core summary. Can you find some inspiration through the summary? Twitter: @bclaobai 🤝
At present, several factors have prompted the development of MEME Golden Dog:
1. The “original narrative” is weak;
2. “Compliance narrative” comes first;
3. The “US election narrative” is hot (affecting global political economy);
4. The super-individual narrative of “Trump, the Chosen One”.
So far, the direction that is most likely to produce the Golden Dog 🐕 has gradually become clear - "Election Trump" 👑🤴
The timeline of the hype is also clear - "election process"
Therefore, it is necessary to focus on this direction 😃
Of course, Trump is a pragmatist, and he will most likely not favor a particular currency when running for president, so we still need to observe and search carefully. At the same time, the market is ever-changing, and the narrative may also be adjusted.
Follow Lao Bai @bclaobai to learn about the latest developments of Golden Dog in real time. Love you guys 🫰
Note: Lao Bai’s abilities are generally limited, and the above content is pure nonsense. It is for reference only and should not be used as any basis for investment. You are welcome to discuss.
