Last night, I was telling my buddy that $AAVE was heading to 87; the bounce was crazy strong!
This fool just wouldn't believe me, so dumb!
But honestly, I was the bigger fool; I got stopped out by that diving candlestick last night. Otherwise, I would be sitting on at least 600 points of profit right now! I'm so pissed, ugh! 😭
Spcx's unlock schedule, still bearish! To put it bluntly, these big names are always just for harvesting profits; there's no dream of flying to Mars, it's all a game of capital. What we need to do is face reality! Don't get blinded just because he's Musk. During Trump's presidency, I won't trust anyone connected to him, let alone Musk as Trump's golden finger! $SPCX
SPCX is about to hit a market cap of 3 trillion, and after that, it’s all about Apple and the likes. For a company with a revenue of 19 billion USD, but a net loss of 4.9 billion after costs, a 300 billion market cap is way overvalued. Considering Musk's premium, anything over a trillion is just too high. Just be patient; soon, the employees and VC stocks will unlock, and once the hype dies down, the price will start to dip $SPCX
On Friday, my buddy went long on SPCX at 177, and later asked me about it. Although I don't get the US stock market and have never traded it, based on my years of experience with major projects in the crypto space, I told him this: it was pretty obvious that after the market opened, it dropped below 155!
So I took a closer look and found out:
With a market cap of over $SPCXB 2 trillion, they only generated a bit over 100 billion in revenue last year. After deducting costs, they ended up with a net loss of 4.9 billion—total red! Meanwhile, during the same period, smaller market cap companies like Meta and Amazon had revenues in the hundreds of billions and net profits exceeding 70 billion! So, I believe SPCX's value will retrace to around 115 USD! #SPCX
Regarding the upcoming rewards mechanism upgrade for Audiera on July 1, here’s the lowdown on the main changes: the gold rewards will fully switch from $BEAT tokens to stablecoin rewards; the team is injecting a solid monthly reward pool of 50,000 USDT stablecoins as a strong backing; the distribution mechanism will strictly follow the players' share proportions. Currently, $BEAT is priced at $5.5, and any unclaimed historical rewards will automatically migrate. This upgrade promises a more stable and sustainable earning experience, signaling the dawn of a new era of reliable rewards. $BEAT