A new funny coin called MAGA became very popular and went up in value, while other coins like Dogecoin and Shiba Inu did not go up as much. A person who likes Bitcoin said that the whole money world might have a big problem soon, but Bitcoin will become even more valuable. Some people are burning their Shiba Inu coins, which means they are getting rid of them. Read from source...
1. Inconsistency: The author claims that MAGA coin is new and outshines Dogecoin and Shiba Inu, but later admits it was launched in August and only had a 20% surge in the last 24 hours. This suggests that MAGA coin is not as popular or successful as the headline implies.
2. Bias: The author seems to have a pro-Bitcoin stance, as evidenced by the favorable portrayal of Max Keiser's prediction and the mention of Bitcoin ETFs and mining operations. The author does not present any opposing views or alternative cryptocurrencies that could challenge Bitcoin's dominance.
3. Irrational argument: The comparison between the 1987 market crash and a potential crypto market crash is flawed, as the two scenarios are fundamentally different in terms of causes, effects, and recovery rates. Using such an extreme analogy without providing any factual basis or supporting evidence weakens the author's credibility.
4. Emotional behavior: The use of phrases like "Make Crypto Great Again" and "impending market catastrophe" shows that the author is injecting their personal opinions and feelings into the article, rather than sticking to objective facts and analysis. This could alienate readers who are looking for a balanced and informative perspective on the crypto market.