Parabolic

There’s no question that 2022 has been rough for every sort of investor––but perhaps none more than long-suffering crypto holders. From the Terra collapse to the Celsius debacle and the sensational FTX meltdown, the crypto world is currently in complete and total disarray, with over $2 trillion in market capitalization obliterated seemingly within a matter of months. Metaverse tokens like Axie Infinity (AXS) and The Sandbox (SAND) were once witnessing record-high returns at the peak of speculation in late 2021 but have…

Twitter stock (TWTR) rallied a little after Bloomberg reported that Elon Musk will be closing his deal to purchase Twitter on Friday. The biggest beneficiaries of that news, however, have been Dogecoin (DOGE) and Shiba Inu (SHIB) – popular cryptocurrencies known to use the Shiba Inu dog as their mascot. The Floki (FLOKI) cryptocurrency also seems poised to be a major beneficiary. Dogecoin has so far rallied 15% by Wednesday evening and looks poised for a more explosive rally. The latest move was fueled by Elon…