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How to buy Bitcoin without buying Bitcoin

+ the most memeable memecoin ever

Gm🌤️

It’s Friday, April 21—and oops, our newsletter is a day late. So sorry if you were eagerly waiting, but our editor had an unexpected sick day (it had nothing to do with 420, we swear).

What we have for you today:

  • The most memeable memecoin ever

  • How to buy Bitcoin without buying Bitcoin

  • Have dinner with Trump by buying his NFT

📈 MARKETS

This WeekThis Year
bitcoin logo Bitcoin28,797▼ 4.4%▲ 74.1%
Ethereum logo Ether1,934▲ 0.9%▲ 61.7%
Nasdaq logo Nasdaq12,157▲ 1.9%▲ 15.1%
S&P 500 logo S&P 5004,155▲ 1.5%▲ 7.8%

Bitcoin's wild ride took a breather recently, and guess what? Our research duo, John and Harry, totally called it. Yep, that's two weeks in a row we've nailed the Bitcoin predictions! 🎯 We must be doing something right with our data crunching and market instincts. Stay tuned, folks; we're on a roll! 😎🔥

Meanwhile, stocks are continuing their incremental rally, boosted this week with 90% of S&P companies beating estimates during earnings week.

🍩 DONUT HOLES
MEME COIN

The most memeable memecoin is here

@pepecoineth, Twitter

We go $250 to a millie, real quick

Get this: one lucky investor dropped a mere 0.125 ETH ($250) on a brand-new meme coin a few days ago, and now – brace yourselves – their investment is worth a jaw-dropping MILLION bucks, 4500x the initial investment! 🤯 

You must be wondering which coin pulled off this magic trick. Meet $PEPE, the meme coin inspired by our beloved green meme-machine, Pepe the Frog! 🐸

Meme coins that came before…

Now, meme coins like $PEPE, Dogecoin, Shiba Inu Coin, and Dogelon Mars are usually just for fun, not meant to hold real value. But sometimes, with some internet hype and tweets from Elon Musk, they can explode in popularity and bring crazy, unexpected gains.

Where is PEPE headed?

Launched just last Sunday, $PEPE is already making waves in the crypto ocean. So far, it's attracted 33,000 token holders and has a market cap of $100 million. Sure, it's not quite at Dogecoin's $12 billion level, but this frog's got some serious hops! 🚀

As $PEPE keeps climbing, the question on everyone's lips is: can it dethrone Dogecoin and rule the meme coin kingdom? The future's uncertain, but one thing's for sure: the crypto world never ceases to amaze, and we're living for the excitement. 🎉

BITCOIN

How to buy Bitcoin without buying Bitcoin

BTC v. MSTR, TradingView

Last week, we chatted about MicroStrategy and its CEO, Michael Saylor. With a whopping 140,000 Bitcoins, they're the top dog in the Bitcoin-holding biz, and they only started buying in 2020 🤯.

MicroStrategy stock = BTC

Even though MicroStrategy is technically an "enterprise analytics platform," they're so loaded with Bitcoin that their stock practically follows the price of BTC. Just look at the graph above!

In fact, MSTR's market cap is $3.81 billion, while its Bitcoin reserves sit at $3.92 billion. So yeah, it's safe to say their other operations barely make a dent in the company's valuation.

Any alternatives?

If you want other options, MSTR isn’t the only stock that follows Bitcoin. Marathon Digital Holdings (MARA) is a Bitcoin mining company, so its stock follows Bitcoin's moves too.

If you're itching to invest in BTC but don't want to dive into the blockchain/Web3 rabbit hole, MSTR or MARA might just be your ticket to ride! 💸

🐦 TWEET OF THE WEEK

Trump was clearly lovin' the whole NFT scene back in December when he raked in a cool ~$1M from his first project. So, like any savvy entrepreneur, he thought, "Why not do it again?" 💁‍♂️ And that's what he did – he dropped a second series on Tuesday.

Sure, the floor price didn't skyrocket like it did for his first series (the one that 2x’ed right after the sale). But hey, our former prez still managed to pocket another milly, just like that. 😎

Alright, that's a wrap for now 🙌. If you made it to here, let us know by voting below. Catch you next Thursday!

If you can't wait for more, follow us on Twitter for real-time updates and insights.

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Disclaimer: None of the content in this email is financial advice. Do your own research before making any financial decisions. We aim to be a part of that research, but please exercise caution and carefully conduct your own due diligence before making any financial decisions.
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