See, this is what happened with this coin! Do you think this coin is the next $LAB Let me know! $BTW at a $23B market cap?!
Compare it with monster coins like $LAB — this valuation is already massive. Pushing another 2x from here won’t be easy, but if the momentum flips, the downside could get brutal.
A 90% correction wouldn’t even surprise me with a coin trading at this kind of valuation.
For me, the upside is getting harder to justify while the downside risk keeps growing.
I’d rather look for a SHORT than chase this thing higher.
#BTW is getting too expensive for my taste. 👇
Compare it with monster coins like $LAB — this valuation is already massive. Pushing another 2x from here won’t be easy, but if the momentum flips, the downside could get brutal.
A 90% correction wouldn’t even surprise me with a coin trading at this kind of valuation.
For me, the upside is getting harder to justify while the downside risk keeps growing.
I’d rather look for a SHORT than chase this thing higher.
#BTW is getting too expensive for my taste. 👇