I think that was a good midnight splurge bro. Btc and Shib peaked around the same time. Btc off, ohhh I think about 55% or so from ath? Shib about 85%? To me, the additional 30-35% down for Shib is entirely due to the experience of the average trader behind each crypto. Anyone can afford a Shib Token. But the average household income in America is what, 60-65k? So 1 btc costs half a years income. You can buy 1 million Shib tokens for the same price as a pack of smokes. We haven't retraced at the same pace as btc HOWEVER, don't lose your shit if we do retrace another 50%. Btc 30% down from here is about 20k. I'd love to see it personally. If we outpace the downward spiral at the same rate, we're staring 000004's right in the face. But it's OK. The hype is gone. There's nowhere else to list that matters. This is a crucial time for the token. Does it equip massive utility or burn down in the 100's of trillions per year? Or both simultaneously? I think our Shib investment is just fine. The L2 will include transactional burns. At current price we will be burning 150 trillion tokens a year. As price goes up, burns slow down but the 'counterbalance' here is wallet holders. It's gonna skyrocket, at the same pace as price eventually. A perfect balance, so to speak. There are no coincidences in life imho, but wallet holders are growing, even amid the crashing price.
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