Crypto com also can mint more tokens so that's a risk
People didn't really bid the $CRO news today that Trump is launching a prediction marketplace with Crypto com
I think that is a mistake because if you look at the valuations polymarket is getting that is a crazy discrepancy between the two.
Crypto com is also an exchange, has visa cards, perps, a DAT backed by trump, and now prediction marketplace
So I mean no one bid it if you look at the chart bear market lows are roughly -50% from here... So what's the risk 50%?
Probably less because if we're in a bear you'll know before it goes -50% and can cut but this is like worst case scenario right
Last pump on the DAT news it went to 0.33 which is over 2X from here. So if conditions improve this quarter, which I think they will, and then they launch a Polymarket competitor with Trumps blessing and backing, can it go over 0.33?
Why not. How long does it take?
Not sure but maybe they do something this quarter I don't think Trump would have said anything if it was a year away.
I bid though seems like good RR
896
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