đ
Daily Crypto Recap, August 4
$SNDK just climbed 6.68% today, now trading at $1,322 on Binance's stock perpetuals.
This is the same memory chip story we flagged days ago, when SanDisk and Micron ripped 14-22% in a single session on Microsoft's cloud earnings and Samsung's record DRAM profits. The rally's still running.
Funding rate sits slightly negative at -0.0176%, meaning shorts are paying longs, positioning still leaning bullish even as price climbs.
Same "AI bubble or supercycle" debate. Still unresolved. đ
â ïž Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights đ
$SNDK
#BinanceSquare #crypto #AI
đłïž Bubble, or supercycle?
$SNDK just climbed 6.68% today, now trading at $1,322 on Binance's stock perpetuals.
This is the same memory chip story we flagged days ago, when SanDisk and Micron ripped 14-22% in a single session on Microsoft's cloud earnings and Samsung's record DRAM profits. The rally's still running.
Funding rate sits slightly negative at -0.0176%, meaning shorts are paying longs, positioning still leaning bullish even as price climbs.
Same "AI bubble or supercycle" debate. Still unresolved. đ
â ïž Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights đ
$SNDK
#BinanceSquare #crypto #AI
đłïž Bubble, or supercycle?
đ Supercycle, AI is in demand
52%
đ Somewhere in between
7%
đŽ Bubble, this reverses soon
31%
đ Holding regardless
10%
42 Votes ⹠Vote fermé