XYO
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XYO Outlook Downgraded to Short after Project Announcements on X

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After a series of X posts announcing an upcoming announcement relating to XYOUSD future projects in the development phase , we have finally learned some new data about the proposed Tesla collaboration project from our source and hype man @ScottScheper

TL;DR
- The Project will be independent of XY Labs
- The proposed project vehicle will mine DOGEUSD or DOGEBTC , instead of XYOUSD as previously hinted at
- The project’s new brand, website and marketing materials will not contain the term “XYO”
- The project will follow a business model similar to Consensys in that they will promote the use of the underlying technology (eg. XYO) rather than developing it directly

Read the full post here:
x.com/ScottScheper/status/1867361773260841217

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