Miao Shen

Like you mentioned about Dogecoin, not just Dogecoin, other cryptocurrencies during the market crash in October, some tokens went down to almost zero, which is crazy to think about, right?

I think that hurts especially retail investors because retail investors are those who tend to buy a lot of AutoCoins and they got wiped out from that market crash.

And right now you just don't see a lot of demand from these AutoCoins.

I think it's two different stories, right?

We're talking about the MicroStrategy, MicroSailors, like Bitcoin sort of like buyers.

And then we have the AutoCoin buyers.

I think that we need to separate this too as two like driving forces.

I think on the Bitcoin side, because fundamentally speaking, nothing really changed on Bitcoin specifically.

So there are still buyers.

But I think what's happening in the market has been like sort of like got into the Bitcoin market as well.

That's where we're seeing what's happening with Bitcoin.

I think that's sort of the aftermath of what happened with all the coin crashes and the October market crash, except.