70k Bitcoin. It’s time. Get in here! Alongside BTC nearing record highs this Feel Good Friday, we’ll discuss why Tesla’s stock increased. Who is Taylor Mathis? And what motivated ‘Joker 2’ to become a musical?
Seriously? The Joker… singing? Someone should have informed the director that wasn’t the correct direction.
Before diving deeper, ATTENTION Bitcoin holders—here’s a chart you should definitely keep in mind today:
If you believe past crypto cycles had substantial gains in the half-year following halving, this time is no different. Real price data indicates we’re right on schedule (just in time for the election, too!).
Now that we’ve cleared that up, let’s dive into this week’s Feel Good Friday.
Why Did Tesla’s Stock Surge?
If you’re wondering why Tesla’s stock shot up, there are two main reasons:
1) Yes, Tesla achieved its highest quarterly profit in over a year.
2) More importantly, all those who panic-sold after Elon was caught using actual human operators for his robots got burned.
If you sold after Tesla’s robotic event earlier this month, you got played. It’s okay.
Next time you buy the dip, consider doubling down. For those who purchased the dip (including myself), TSLA saw an increase of +20% on Thursday following its earnings call and is slightly up 2% today.
Tesla’s current price is still 35% off its all-time high.
Many on Reddit or anyone disagreeing with Elon’s political views might seize this opportunity to claim Musk is a showman and that nothing he or his companies propose should be trusted, suggesting the stock will falter again. Don’t buy into that. Remove emotions and focus on Tesla’s long-term outlook. It’s a 5x from these levels.
And by the way, Tesla didn’t sell any of its Bitcoin. Quite impressive.
Who is Taylor Mathis? What’s Going on with MEW Crypto?
Taylor Mathis, a rising influencer in sports betting known for her “Walking Bets” posts, is now under scrutiny. The DraftKings ambassador faces allegations of financial misconduct—promoting a self-branded crypto token and withdrawing before the crash.
Is it just me, or does this seem to happen as frequently as I take showers? And trust me, I shower a lot.
Anyway, fans of Taylor Mathis created the $TAYLOR token, leveraging her image for support. In return for her promotions, Mathis secured 20 million tokens, a neat 2% share of the total. The token surged shortly after she endorsed it to her large following, reaching a market cap of $6 million, only to plummet below $1.5 million days later. Sketchy!
The Taylor Mathis situation with $TAYLOR has turned quite messy.
For a bit of background, Taylor Mathis works as a sports betting content creator and analyst for DraftKings and is well-known for her "Walking Bets" videos.
This is where her story intersects with crypto (and begins to unravel)
TLDR:… pic.twitter.com/JRfL7cBBKt
— TylerD 
(@Tyler_Did_It) October 24, 2024
Currently, Taylor is not in serious trouble, so no need to panic—just kidding. As of today, she has locked her X profile and removed the DraftKings Ambassador title from her biography, suggesting a potential fallout with the sportsbook giant. If the allegations of market manipulation prove valid, whether intentional or not, Mathis could attract the SEC’s attention.
Lastly, as we wrap things up for the weekend, one altcoin that just reached all-time highs is the meme coin Cat in a Dogs World (MEW). We interviewed the founders of MEW last month, and it appears the sky’s the limit for this coin! That concludes this week’s Feel Good Friday; enjoy your weekend. Get outside!
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