I often get asked what MM’s feelings are towards the crypto space and I’m always guarded with answers due to my level of understanding and at times disbelief in this new asset class, a perfect case in point has unfolded over the last week as the little known digital token with the name Omicron, which has just over 1000 followers, rose almost 10x before proceeding to tumble by 75% – when a financial instrument can move like this on pure name association it still feels more like a casino as opposed to a serious financial market.
MM is currently neutral to positive Ethereum around $US4500
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