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Price action now is probably just large US institutions positioning with $SIVE. JP Morgan went from .4% to 5.3% ownership, and are likely increasing. Fidelity Research and other active investors have now appeared on the cap table. And wouldn’t be surprised if they ended up filing an ownership disclosure like JPM. Then there’s Blackrock and others for passive inflow… Regardless, glad the large US institutions validated my thesis if they’re taking active stakes.

Shiba Inu's price action is an absolute rollercoaster!! @Shibtoken is now down -11% over the week, while still being up +3% in the past 24 hours. This crazy price action follows a sharp spike in $SHIB's price witnessed across July 25 and July 26. The memecoin story is never boring...

well given the price action in today’s global equity markets it might be fair to say that people are a little nervous going into $MU earnings which is a far better reason for a selloff than rate hikes… crude hit BELOW $70 today and we are still talking about rate hikes?!