C.R.E.A.M. #37 - Get ready for the pump with this undervalued Altcoin!

Dear Lizards,

The aftermath of the Bitcoin halving has left us in a somewhat subdued market environment. Despite the anticipation surrounding this event, we're not witnessing the expected surge in prices - which is, by the way, completely normal. Halving usually does nothing, price increases follow months later. Instead, both Bitcoin and Altcoins continue their correction phase, leaving investors in a state of cautious anticipation.

During this period, BTC dominance has been steadily on the rise, indicating a preference for the leading cryptocurrency amidst ongoing geopolitical tensions and macroeconomic fluctuations. The Israel-Iran-Gaza conflict and unexpected GDP fluctuations (1.6% rise instead of 2.5%) add to the uncertainty, influencing market sentiment. This puts the FED in a difficult situation: fight inflation with interest rate hikes and put the US into a recession? Or lower interest rates and risk a further increase in inflation?

In this landscape, BTC-ETFs have remained reserved in their approach to Bitcoin, preferring to wait for the launch of the Hong Kong Bitcoin ETF by the end of April. This cautious stance underscores the current market sentiment and highlights the importance of patience and vigilance.

Despite these challenges, we remain optimistic and committed to uncovering opportunities amidst the market's correction. We're excited to present you with a new altcoin opportunity that, despite its current downturn, holds significant potential for growth in the ongoing crypto cycle.

Yours,

Stockmoney Lizards