Crypto Holders No It's Not Over...
Lark Davis
Introduction to Crypto Market Discussion
The speaker discusses the current state of the crypto market, addressing the fear and sentiment among crypto holders. They express that the market is not over, despite price fluctuations.
Sentiment Analysis and Market Predictions
- A poll indicates that 20% of participants think the market top is already reached.
- The speaker believes in a local top in March, April, or May, potentially reaching $150K for BTC, with altcoins having a nice run before that.
- A potential final top of $250K for BTC is suggested, possibly happening by the end of the year, depending on macroeconomic factors.
Trump's Influence on Crypto
- The speaker highlights Trump's pro-crypto stance, mentioning his launch of a meme coin and support for crypto-related initiatives.
- The new administration is seen as pro-crypto, which could positively impact the market.
Market Analysis and Coins
- Discussion on various coins such as Solana, XRP, and Ethereum, with the speaker expressing bullish sentiments towards Solana and XRP due to their strong momentum.
- Ethereum is criticized for its bloated team and lack of competitive spirit, but the speaker notes it's still a significant player.
Q&A Session
- The speaker addresses questions on the bull run, living in Dubai, and thoughts on various coins and projects such as Cardano, Waces Rose, and AI-related projects.
- Caution against scams and imitation projects, emphasizing the importance of due diligence.
Conclusion on Market and Trump's Impact
- The speaker concludes with thoughts on the Trump coin and its potential volatility, suggesting it's not done yet.
- Speculation about Trump's potential purchase of a basket of crypto coins, which could include Bitcoin, XRP, Solana, and Ethereum, sparking interest in a potential crypto reserve by the U.S. government.