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War Room - 20 November 2023
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War Room - 20 November 2023
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"Pump, baby pump": The stables market cap has troughed in Nov 2023 and kept rising
The crypto ecosystem is receiving new inflows. USDC and Ethena USDE are gaining shares vs. USDT.
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Nansen Risk Barometer, shallower crypto drawdowns
Overlaying the Barometer from 2021 on vs a BTC buy-and-hold strategy would have delivered a shallower drawdown of -41% to -44% vs. -77%.
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