3min chapter

Animal Spirits Podcast cover image

Is the Fed Trapped? (EP.239)

Animal Spirits Podcast

CHAPTER

Cryptongons - The Gateway Drug Inter Crypto?

Open sea raised three untere million dollars at a 13 billion dollar valuation. I see nfts as like the master class of this stuff, because the people who are trading in it are the people aready, really wealthy in crypto and had already made it. The foor prices on these things can literally go up a hundred % in 30 minutes. It is actual comedy, how volatile these things are. Do i think it's a bubble? Yes. Cause it's tiny. And yet the prices are so, so, so high. Like all these celebrity nfts that they were just cash grabs by celebrities, are all getting racked,. If there is, they're getting just absolutely destroyed.

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