The tweet was deleted by the author.
But we saved everything 🙂.
Caleb Franzen draws attention to the recent performance of STRC, noting that while the token is not supposed to depeg, it has declined by 10 percent.
Franzen observes that capital invested in STRC was not positioned for this level of volatility, which may leave its investor base feeling misled. He contrasts this with BTC, stating a preference for taking on more volatility and downside in an asset like BTC, where the risks are better understood.
Franzen previously noted that financial sector stocks are in a downtrend and have underperformed the S&P 500 index compared to other sectors. He has also reiterated that Bitcoin remains in a downtrend after failing to clear its 200-day moving average cloud. These recent observations reflect a continued focus on downside risk across both traditional and digital assets.