Even if the people on socials are poor they set sentiment around an asset. Rich people are just people with a lot of money. They still behave the same as anyone else.
And again ultimately new growth is needed to continue moving up towards global money. If growth stagnates that is a bad signal.
Login to reply
Replies (2)
Totally agree it’s a bad signal. But social media isn’t money-weighted real life: it’s poor people weighted version of real life.
Ok, look at on chain stats too then
New addresses and wallet distribution and such