So how's Blue's pension fund performing, cryptically named 'LSP'? Good question. Short answer? Really well. DOGE$ surged to record highs this week, climbing from .07 to .20 at time of writing.
This week's astounding dog run started Tuesday after two months consolidation in .05 land rising to .07. Expert techs saw a bull pennant with breakout potential if the People's Crypto broke through resistance in the upper .07s, or something like that.
Lo and behold, it did. Ma LSP was resting upstairs after implant surgery in her upper jaw when I checked Shiba value. Huh, .086, not bad. A scyfy short story later I checked again, not being obsessive, and what? .09. Time for a glass of wine.
That poured, check again, .010. Wow. Bear in mind experts were saying that'd be year end price. And the next thing you know, the pup's charging through .11, .12, and .13, hitting an all time high of >.14. What?!? Reddit seemed stunned. I went to sleep expecting the popular dog-faced crypto to crash. But it didn't.
Wednesday saw consolidation at .13 and the promise of another run with higher highs and higher lows as the pup rose between parallel lines to reach the point of an ascending triangle. Would it break above and repeat Tuesday's stellar performance? Sure enough it did.
The playful Shiba was clearly bored with .13, unlucky number, and decided to run again, maybe just for the fun of it. Boom. .14, .15, .16 in a matter of minutes. I looked at my handheld computing device in shock and awe, what's going on?
It didn't hurt to have massive PR in the form of big celebrity endorsement from Elon Musk, Mark Cuban, Guy Restaurant Person, the Kiss dude, Snoop Dogg and the media, see WSJ, Forbes and all the rest.
Also, COIN (Coinbase crypto exchange) had a good IPO on Wednesday, lifting crypto credibility. Add that to the growing and fanatically loyal meme coin following and you've got growth. In this case explosively. Think GME but affordable and at minimal risk.
So Blue's happy his retirement fund's at .20 and rising. If it crashes and burns like a Focke Wulf going down on Prinz Albrecht Strasse? Well, he won't know the difference.
Ad Lunam,
LSP
