$58k Gang Adjusts For Inflation, Now Is $156k Gang
$58k gang is pivoting, following a tweet by @SatoshiDeniz saying that, "We will never go below $58k again." Deniz proposed adjusting the meme gang's dollar name for inflation to $156k Gang temporarily. This adjustment would allow the gang to be relevant for a short time before having to adjust again.
The dollar massively inflating as Bitcoin rallies before the halving makes it incredibly difficult to build any sort of branding around a dollar valuation. $58k gang is learning how McDonalds felt after they completely eliminated their dollar menu, and how must restaurants are going to digital menus to be able to address pricing based on volatility.
Analysts predict that $156k Gang will have to be adjusted again this cycle and will be no where near the peak of the bull cycle. Dylan Leclair told the Bugle, "Deniz really needs to eye $250k gang as that was the price Odell promised us last cycle. This cycle feels different with the ETFs though so who knows." Dylan's expertise of price targets and naming of meme gangs is much appreciated.
Many are wondering if measuring anything in dollars is a good way to value things because of it's volatility and ties to political/geopolitical volatility.
