It’s over. The stock market is dipping and no one is left to buy. Top firms that have historically bought dips due to their reduced P/E ratios saw the rasmr stream and realized their strategy was all wrong.
Jamie Dimon was quoted as saying “Typically we deploy on these types of draw downs, but we heard Cupsey and DV sold so we just dumped it all. We’re now 100% in cash and just waiting for the next runner.”
This is setting up Solana for success in the tokenized stock game. Reading into this- it seemingly isn’t legal for US residents to own or trade robinhood tokenized stocks, but many of coins airdrop stocks to the token holders. RH is completely centralized so I wonder if they have any liability?
1. Can you imagine what type of omen the Romans would have ascribed to this?
2. I could 100% imagine seeing this and inventing mythology about giant birds of fire