Dear Reader,
It's called the multiplier effect in crypto.
In short, because of a lack of supply, small inflows of cash can create major moves in the overall value of the crypto.
And it's particularly strong in one $3 crypto.
For example, in March of this year, an investment of just $80 million pushed the value of the crypto up by $17 billion in just 4 hours!
It went up in value 212 times MORE than the investment.
That's a 212 times multiplier.
Then, in April, a $12.8 million investment over just eight hours sent the crypto up in value by $7.7 billion!
That's a 601X multiplier!
On June 7, a $17 million inflow of cash increased the market cap by $11 billion – a whopping 647X multiplier!
Now here is why this is important for you today.
This $3 crypto has NINE new ETFs on the verge of approval. And JP Morgan estimates these ETFs will push $8 billion into this $3 crypto.
How high could this push this crypto?
Well, crypto analysts are suggesting it could rise to as high as $100 by next year.
See why it could rise so high right here.
But I don't suggest waiting on this.
The ETFs could be approved any day.
Yours in smart speculation,
Ryan Fitzwater, Publisher
Monument Traders Alliance
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