When the likes of DOGE and SHIB start pumping that's when you know the market is getting frothy.

Bitcoin is heading to being up almost 200% over the past year and Ethereum 130%... but look out here come the Alts almost right on cue.

Like almost every crypto market bullrun in recent history, the pump of BTC and ETH is proceeded by the pump of the Alts... none more so than the meme coins such DOGE and SHIB.

DOGE is up almost 100% in the past month and SHIB heading for almost 190%.

Once again memes will still start flowing on social media, retail will start FOMOing,. your grandmother will start asking you if [insert] dog coin is a good investment. The news will start featuring stories on the latest dog coin millionaire or those that have sold their home, wives and kids to yolo into crapcoin.

There will be another wave of Finfluencers shilling the latest and greatest scamcoin. A huge subsection of retail will be partying on the beach.... when suddenly something happens... a Silk Road, Mt Gox, China Ban, FTX etc that sees the tide go out.

Again all that will be left on dry land, although somewhat battered and bruised will be BTC and ETH. Another chunk of retail will be left drowning at sea.. most likely ending up as salty no-coiners hating on the "scam" that is crypto.

Here's a chance to save yourselves. Don't do it. Just keep on DCA'ing into BTC and ETH and when crypto becomes greater than 10% of your net savings pot take profit.

Edit/update:

Since this post SHIB is up 45% in the past 24hrs and has gone top ten by marketcap according to CMC. There's now two dog coins in the top ten which I believe is a first in crypto history. Together they currently have a combined market cap of almost $50bn.

Grab the popcorn the popcorn ???? and await the public neutering ???????? Doggy Degens are having their day ????

Edit/update:

24hrs later the market is currently dumping the hardest it has in past month. Dog coins being hit hardest. Not to say the shows over, it never is! More just the end of an episode..so stay tuned! ????

Edit/update:

Doge currently down -25%.. the biggest loser in the top 50... apart from Bonk (-26%) & Pepe (-26%) Wow, Much Fun ????