DOGEUSDT20241228P3450
Dogecoin / Tether USD Dec 28 2024 3450.00 Put
crypto

The role of DOGE has never been to reduce spending, it was to stop investigations into Musk and steal everyone's data

Anyone who thinks DOGE failed isn't paying attention. Undermine government agencies they don't like or disagree with? MASSIVE success.

No I won’t recommend things I’m not sure of. BTC and ETH are my only conviction plays. The rest, make sure you look at the use case, developer adoption (who’s building on it), TVL (total value locked) but be careful this is more a metric around DeFi, and tokenomics. Also check whether it’s growing or dying - not by price but by activity. Developers, Dapps, unique wallets, unique wallets, etc. Just steer clear of all memecoins as they literally have no utility. Only the big ones like DOGE if you must, since it’s been around long enough and has at least ongoing transactions and activity. Otherwise consider that pure gambling if you’re playing down that end.

Elon has shit on California over and over. He used DOGE to destabilize the EV industry knowing it would help Tesla. This is fair play.

ABC: Iran downed 30 U.S. MQ-9 Reaper drones since the start of the war, U.S. official says.
LOL, that's $9 Billion of taxpayer money! Where is DOGE when we need them?

Who used DOGE to doge accountability for said fraud.

where are our DOGE stimulus checks?

Sell-side analysts serve their employer's interests, not outside investors. Their job is increasing transaction volume and fees, often through rationalizing absurd valuations.
No indication SPCX has ever made a GAAP profit, and there's a good chance it won't even have positive free cash flow net of adjustment for SBC dilution this decade. Near saturated markets for launch and connectivity that will face increasing competition near term. We're watching in real time the deflation of the AI bubble: so much malinvestment in a tech with little moat that will be commoditized. My price target is under $40/share.
Not really a concern for me. Musk's companies have in aggregate not made a dime in 22 and 24 years respectively (see retained earnings), nor have they returned a dime to shareholders via dividends or buybacks. That's long enough, so zero investment appeal. After Musk's relentless promotion of reactionary racism and DOGE's unconstitutional cuts to USAID, I'll never invest in SPCX due to moral revulsion.