I know it's too early, we should have another good part of next year of bull market ahead. But since when is retail so cool-headed and calculated? I think it was in my latest Week through Adrian's Lenses (or the one before), where I linked an article that, based on an analysis, concluded that retail demand for bitcoin is the highest since 2020. So, they are here... Of course, if they are buying bitcoin now, that's FOMO... You just don't see it displayed everywhere like we are used to.
But maybe that's the reasoning. It's still too early. If mass euphoria would start now, imagine where things would go from here.
I asked Grok my first question, to tell me which top 1000 coins or tokens by market cap have reached their ATH already. Yeah, I know, what else could have been more important than price at a time like this, right? LOL! This is its answer:
Of course, it had its misses (like with ETH), but it bases its responses on what people are tweeting, and I suppose people have been excited about the possibility that ETH might finally reach its ATH, which it didn't... yet. It hit the yearly top and retraced.
Nice to see a LEO hitting an ATH in that list. Unfortunately, it's not ours, it is the token behind the BitFinex CEX.
While from the answer we don't understand this may be a complete list, it is interesting to note that only about a dozen coins or tokens have had their ATH this cycle so far. But wait... no meme coins in there? Ah, I asked the wrong question. If I ask which ones have had their ATH this year, I come up with a relatively different answer:
ETH again... SOL which was close, but wasn't an ATH. XRP didn't have an ATH either.
Looks like the answers were based on the sentiments in the market and wishful thinking of the participants, rather than facts and information.
Then again, how could I get even less results the second time than the first time, when I asked which are at ATH now instead of this year.
Well, looks like these have been complicated questions for Grok at this time.
But still, what wonders me is that it didn't include any dog or frog coin in the results, especially since a top market cap frog coin had its ATH this year, and I'm sure they must be talked about on X, since they are all about hype. Is Grok trained to ignore them or decided that on its own? Even knowing Elon Musk's presumed preference for a certain dog coin? That's heresy! They should "disassemble" Grok and feed to dogs! 🤣
