image using ai.
we're in the 5th month and Q2 most interesting month "may" which is popular for selling off but as of now it's just a long boring month with no price movements.
Now in the last two days I'm noticing something is happening and it might fuel crypto bull run in this summer.
Majority of influencers I'm following are already calling "this cycle top is in" and now we're just relying on ETFs daily volume and grayscale showing mercy.
This thing could bring retails back in crypto and if it doesn't than this cycle ain't going to end well for us.
The Comeback of Memes Stock in Tradfi with the biggest short squeeze
I knew about GCR in crypto who can make market moves with his statement but honestly I had no idea about roaringkitty until yesterday.
He's a known trader who called GameStop bull run case and turned 50kish to millions and now just tweeted for the first time since 2021 and GameStop started moving again.
From last two days all I'm hearing about is Tradfi people and wall street guys ripping on gme and it's up 400% within two days.
About more than 2 billions of shorts are already liquidated and it's not ready to chill yet.
They're halting trading over and over again
Yesterday they halted gme and AMC stocks for like 15+ times in a day and today they halted for more than 30 times.
Image by Ahmad Ardity from Pixabay
Like imagine you're trying to buy a stock or sell a stock but you can't because of trading is halted.
They're so cooked like we all know how hedge funds and others short intentionally to squeeze investors and now when they're rekt only way they can save themselves from losing billions is halt the trading.
the most bullish thing for crypto
It is bullish for crypto like it is trade able 24 hours and 7 days a week. All the memecoins are trading and doing most volume without any pause.
Image by Lubos Houska from Pixabay
Now when retailers are making money from Tradfi space and soon these halts will make them decide if they want to continue trading the same meme like GameStop or diversify into other memes.
And that will be investing in memecoins in crypto. I believe solana is going to be the place where memecoins season is going to happen and retails are coming back in couple of days or weeks.
Wrapping Up..
All I want to hope is that roaring kitty will tweet about crypto once this gamestop thing calm down we'll see summer memecoins or altcoins rally.
It's just another hopium to stay in the market and diamond hand my coins cuz there's no way anyone want to miss out on the bull run gains that's mostly made in the last few days or weeks before the bull cycle ends.
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