TL;DR

• @TheRoaringKitty posted a picture of a cartoon dog on X, which means there’s a solid chance a bunch of degens are going to take it as a sign to start buying dog-related crypto assets.

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You know it.

We know it.

If @TheRoaringKitty posts something on X, degens are going to read into it like your kooky aunt Suze reads her tea leaves.

Difference between most degens and aunt Suze?

1. Degens can’t pull off grey hair with a purple streak, Suze can and does.

2. Degens take massive trades off the back of the tea leaves they read online (at most, Suze will use them to inform her lottery numbers).

So when Roaring Kitty posts a picture of a cartoon dog on X, there’s a solid chance that a bunch of degenerates are going to take it as a sign to start buying dog-related memecoins.

It might not happen. But the stage is well set:

• Crypto markets are rebounding

• Crypto Twitter is in search of a narrative to ape in to

• Solana (the home of memecoins) got its first US ETF application

Let’s see what unfolds this weekend.