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The reason that I'm showing this data Gonzo is because I think Bitcoin is Having a supply shock and I think that's About to affect the altcoins as well if It isn't affecting them right now we're Going to see that impact this Market Over the next six to nine months Jones Had a great Twitter thread that we'll Read later in the episode where she Addresses how what's gonna happen to These mem coins is regulation regulation Is six eight 12 months away and the Biggest Market that's going to take a Hit from that should be tokens like shba Enu and Doge but we can discuss that Later in the show Bitcoin Supply shock Is happening right in front of us Andrew And the stats really do speak for Themselves over 10,000 Bitcoin are being Purchased off the open market right now Daily and with only 900 new coins being Produced that's an 11x Supply vers Demand ratio com in April daily Production is going to be reduced to 450 Bitcoin daily creating an astonishing 22 Times the demand vers the open Supply in The market that's where these insane Price targets and the insane momentum Comes in
