๐จ I got quite a few questions about the Global Net Liquidity chart and
$RMV.
So I put this visual together.
The blue line shows Global Net Liquidity.
Top:
$RMV
Middle:
$ETH
Bottom:
$SOL
What stands out to me is that while
$SOL and
$ETH, like most of the market, only saw a relatively modest move before stalling,
@Realitymeta actually moved exactly to what Global Net Liquidity would suggest.
Of course, there could be multiple reasons for that.
๐ต๏ธ RMV isn't listed on the major exchanges yet, which in my opinion may result in less short-term market distortion. (manipulation)
๐ ๏ธAt the same time, the project has strong utility, growing adoption, and a major wNFT event on the horizon. Those fundamentals can create additional strength.
๐งAnother interesting observation is what happens during liquidity pullbacks.
When Global Net Liquidity dips, RMV appears to hold up better than both ETH and SOL, with noticeably shallower drawdowns.
๐ซก One chart doesn't prove anything.
But it is fascinating to see that while much of the market seems disconnected from Global Net Liquidity, RMV has started behaving almost exactly how the liquidity cycle would suggest.
And even during the dips, RMV has shown relatively shallow drawdowns compared to ETH and SOL.
Definitely something worth paying attention to.