FT reports that SpaceX's IPO next month is aiming for a valuation of $1.75 trillion, and hedge fund D1 could rake in $20 billion in one go. Goodness, that size is like half of the total crypto market cap; a pure liquidity siphon is about to kick off 😂
But from a narrative perspective, the Ma Yi Long concept is the real Meme engine. With the hype heating up before the IPO, these veteran 'Mars Dogs' are likely to make a comeback. However, this script feels way too familiar: FOMO spikes before the listing, then a classic pump-and-dump on listing day, where profits are taken and prices are slammed. In the short term, you can capture some emotional premium, but chasing high bids often leads to unfavorable risk-reward ratios, so don't get too hyped and end up bag-holding. #SpaceX
#MemeNarrative $DOGE