PiP
5.1K posts

PiP
@PiPonHL
💧even the tiniest PiP can create waves of change💧


ApeChain is not affected by the Kelp DAO situation. Out of an abundance of caution, we've decided to pause any bridges that rely on Layer0 until we have a full understanding of the situation. There's no need to move things around. There are plenty of bridges if you want to bridge for any reason.


GameStop (GME) hit an intraday high of $483 on January 28, 2021, and closed at approximately $347.51. From a fundamental perspective, GameStop was at the time merely a struggling physical video game retailer with steadily declining annual revenue; most analysts considered its “fair value” to be no more than $10–20. In other words, sentiment and collective action propelled a “company with a fair value of $10” all the way to $483—a premium of over 40 times. The psychological mechanisms behind this are well worth understanding: 1. FOMO: Watching others make money causes rationality to instantly collapse. 2. Sense of collective identity: The “Us vs. Wall Street” narrative on Reddit turned buying GME into a matter of “taking sides,” rather than an investment decision. 3. Self-fulfilling prophecy: When enough people believe “it will keep rising,” it actually does—until the music stops. 4. A Mirror of the Crypto Market: This week’s $RAVE story is a carbon copy of GME. The only differences are that a physical stock was replaced by a meme coin, and Reddit was replaced by X (Twitter). I highly recommend watching *Dumb Money*🤪—the movie about the 2021 GameStop event. There’s a lot to learn from it.

Combined Map is live on Borsa! Bids + short-liqs − asks − long-liqs, summed in USD per bucket and rendered as one signed heatmap. The right-edge curve shows cumulative net pressure from mid outward. The bars show the walls. The curve shows how they're stacked. Try it out: app.borsa.cc
























