Wraith18 (wraith18)

A donut chart breaking down NFT sales by category (art, gaming, collectibles, and virtual real estate).

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After Bitcoin breaks $90,000 in early March 2025, a short-term correction due to profit-taking is likely. Historical patterns and current sentiment (Fear & Greed Index at 25, Extreme Fear) suggest overbought conditions may trigger a sell-off. Analysts predict a dip to $80,000-$85,000 before stabilizing, driven by ETF outflows and market volatility.

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Trump’s family meme coins, like $TRUMP and $MELANIA, have sparked mixed effects on broader market trust. Their rapid rise and subsequent volatility—$TRUMP peaking at $15 billion then dropping, $MELANIA surging 12,000% before retreating—highlight the speculative nature of meme coins, eroding confidence among cautious investors. Critics argue the Trumps’ involvement, owning large shares, blurs governance and profit, raising ethical concerns and fears of manipulation. Yet, supporters see it as a bold crypto endorsement, drawing new users. Overall, it fuels skepticism about crypto legitimacy while amplifying interest, creating a polarized trust landscape.

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I just collected "Farcaster: Lion"

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