Just spitballing here, haven’t fully thought this through.

But what if the bubble this time isn’t BTC Treasury Companies, but rather, Shitcoin Treasury Companies..

People trying to outperform BTC might be attracted to them starting from a lower base, thinking they can get outsized gains. So the Robinhood gambling-type leverage goes there.

These entities aren’t holding BTC though, so when they run into problems they don’t have #Bitcoin to dump and flood the market with; just their illiquid shitcoins.

Is it possible for Crypto to implode and Bitcoin to continue on unaffected? 🤔