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Raoul Pal @RaoulGMI on x 1.2M followers
Created: 2025-06-23 19:18:28 UTC
(Taps screen) - Remember XX% of Bitcoins price action is driven by liquidity and XX% of the NDX. The rest is adoption effects.
Relative performance of tokens or stocks are driven almost entirely by provable network effects (adoption)
Your
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