Cross-posting an observation puzzling me. $METAL ran hard, leaving $XPR & $LOAN in the dust, those latter 2 even moved *down* as $METAL rose. Imo, $METAL players not into the Metallicus eco or they'd sweep into entire infra. Then, after a ~2+ -day lag, $LOAN finished stubbing its toes (spelled right) by getting off its recent lows and $XPR healthily recovered. Did new $METAL peeps rotate into Metallicus infra once they looked under the hood? Or are these entirely new $XPR & $LOAN buyers.
I suggest the following:
- #fednow speculators bought $METAL
- recent rotation from $METAL to $XPR & $LOAN
- spec buyers based on announced MetalPay app enhancements (V3)
How $METAL holders benefit from $XPR & $LOAN transactions, and vice-versa, is beyond the casual $METAL spec buyer. I don't think that's a cautionary tale, so to speak, but an open question I would be curious about if I were a new naive $METAL investor. However what they all have in common is a spec on compliant adoption. $SNIPS (decentralized social media) and $STRX (decentralized "Amazon" could also benefit from this adoption wave as well. Finally, none of this is financial advice, do your own research. I picked up Proton assets in 2021 and remain engaged, lending, LP-ing, staked, and stoked.
Like
Comment
Tip