Thread by @JQT_CoinLinked

I was asked why do I believe 𝙍𝙤𝙗𝙞𝙣𝙝𝙤𝙤𝙙 (𝙍𝙃) will be listing $SHIB of all the #dogecoin copycat meme tokens?

... a thread 🧵

It's quite simple:
1) If you understand how RH makes money, which is 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐨𝐫𝐝𝐞𝐫 𝐟𝐥𝐨𝐰 (𝐏𝐅𝐎𝐅). Here's how it works:

https://twitter.com/JQT_CoinLinked/status/1447717935137509379

2⃣ A broker sends a commission-free retail trade to a wholesaler or market maker instead of sending trades to the traditional stock exchanges bc market makers say they can provide better prices.

I was once a 𝓶𝓪𝓻𝓴𝓮𝓽 𝓶𝓪𝓴𝓮𝓻 and there is 𝓝𝓞𝓣𝓗𝓘𝓝𝓖 illegal about this.

3⃣ So, how does RH really make money? PFOF is the compensation. Pays as much as 1 penny/share, which RH can receive from a market maker in exchange for routing trades to that market maker. It is a controversial practice that has been called a "kickback".

Kickbacks in America!👇

4⃣Unlike #Coinbase where they charge a COMMISSION (fee) PER TRADE AMOUNT, RH strategically chose the ZERO commission/fee approach. 👀

But you see, RH makes on the PER SHARE (or per token) vs CB makes on PER DOLLAR/TRADE AMOUNT.

See Examples Next Tweet...

5⃣ Example:

RH - 100,000,000 $SHIB at a HALF of a HALF of A PENNY PER TOKEN for 𝐏𝐅𝐎𝐅 = 😱
vs.
CB - 100,000,000 $SHIB at $ 0.000030 = $3,000 trade

CB you’ll pay a fee of 3.99% for $3K = $119.70

Who do you think will make more money on this trade? 🤓

6⃣ So, Why $SHIB of all the meme coins?

It has already been tested on #Coinbase as I'm sure CB & RH are each other's biggest competitor as both are publicly traded.

RH will release wallets soon expecting most #dogearmy #dogefam will probably exit (to buy #Tesla 🤣🙃 @elonmusk )

7⃣ A replacement is needed for #dogecoin — that's $SHIB!

As a TRADER, who wouldn't want to TRADE on RH when it's 𝐅𝐑𝐄𝐄 than paying a FEE on CB?

/end

🚨 NOT Investment Advice. Expect $SHIB to be MORE VOLATILE once on RH.

🚨🚨 ONLY #DOGE & #BITCOIN will never be rug pulled!