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SharpLink Soars 7% on Bold $30M Ethereum Bet—Wall Street Scrambles to Keep Up
SharpLink Soars 7% on Bold $30M Ethereum Bet—Wall Street Scrambles to Keep Up
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Another day, another trad-fi firm chasing crypto's coattails.
SharpLink's stock skyrocketed after plunging $30 million into Ethereum—proving once again that even legacy players can't ignore blockchain's gravitational pull.
The move sent shockwaves through traditional markets, with analysts scrambling to justify why they hadn't recommended ETH at $1,500. Meanwhile, crypto natives shrugged—this is just Tuesday.
One hedge fund manager was overheard muttering: 'We told clients it was a scam until our own balance sheet needed rescuing.'
Will this trigger a wave of copycat investments? Almost certainly. Will most institutions arrive late to the party? History says yes.
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