“Since the circulating supply is very small, it is technically possible to create a short squeeze, although the impact in the overall market could be very limited and hard to sustain over a longer period of time,” Samir Kerbage, crypto asset manager Hashdex’s chief product and technology officer, told CoinDesk.
U.S. Senate Votes to Kill SEC’s Crypto Accounting Policy, Testing Biden’s Veto Threat
"It is clear there is overwhelming opposition to SAB 121, and I urge President Joe Biden to reconsider his previous...