Do0bie (@do0bie) • Hey

Researcher🧵and Analyst🌐 | Web3 & DeFi

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Gm To Those Who Still Believe In Airdrops 🧑🍳
Crypto Rule: If you don't hold or miss any good ponzi then you don't talks shit and fud other ppl bags. Better keep the mouth shut n trade in silence.
The Secret To Outperforming In Web3 AI: Web3 AI is vast & often poorly understood. Dwell too long on the tech & you may miss the major moves. Focus solely on price & you could be stuck with vaporware. Luckily, there's 1 simple factor that drives most of the results... Before diving into this critical insight, let's clarify something important. Many people wrongly associate complexity with quality, especially in Web3 AI. However, in reality, simplicity often leads to the best outcomes. In the chaotic AI sector, a straightforward approach is not only practical but essential. This is why I embrace a principle called Occam's Razor. It's the idea that among many solutions, the simplest one is usually the best. Consider the elegance of Einstein’s equation, e=mc^2. It's just three variables, yet it explains vast cosmic phenomena. This is the power of simplicity in understanding complex systems. I've distilled the key driver of Web3 AI to one key consideration: "The flow of attention in the mainstream AI industry." Whereby, Web3 AI simply trades as a general proxy to AI progress. Let's break it down. Big breakthroughs in AI have garnered significant attention in recent years. This has created strong momentum for AI-focused crypto projects. While, AI x crypto show great potential together, many practical challenges persist. Valuations methods are also unclear. This is why mainstream narratives often overshadow crypto-centric ones. 1. How do you value the negative externalities of centralized AI? 2. How do you value the importance of ‘decentralizing’ AI? 3. How do you value great tech with no true product market fit yet to show? A bottom-up approach is very difficult. Instead, a top-down approach is often more straightforward & effective. This method begins by analyzing the attention flow in the mainstream AI industry. It's more important to focus on which 'wave to ride' than which boat to choose. How influential is broad attention in AI? Can it surpass the overall market's strength? In certain cases, it indeed can. Despite practical bottlenecks, many AI tokens have outperformed $BTC & $ETH; As well as major AI stocks like $NVDA and $MSFT, particularly in Q4 2023. This performance is attributed to two main factors: 1. The broader crypto market's performance 2. AI news headlines The chart below shows the performance dispersion of AI tokens on days when $BTC traded downwards. How do you leverage this insight? 1. Start by identifying key drivers of AI progress in the broader industry. 2. Next, pinpoint crypto market segments that align with this attention. 3. Lastly, identify the most 'mispriced' projects in these categories. (Note, this assumes that the bull market is in play) E.g. GPU projects like $RNDR surged in the lead up to $NVDA's GTC event in March. Similarly, when open-sourcing AI models became trendy, projects like $TAO excelled. The core tech often remained relatively unchanged during these shifts. The real difference lies in the focus of mainstream attention, which amplified valuations. The Ultimate Example - $WLD Coinbase recently provided compelling evidence supporting this theory. A prime example is $WLD, demonstrating how AI tokens closely track AI headlines. For instance, after Sam Altman promoted $WLD on December 15, the token surged by 50%. Additional evidence emerged with OpenAI's release of Sora on February 15, 2024. This 3x'd the price of $WLD, despite no direct announcements on $WLD's Twitter. At one point, $WLD valuation reached $ 80B, closely mirroring OpenAI's valuation of $ 86B in Feb. Tis highlights the substantial influence of broad AI attention on market movements. Final Thoughts: In short, Web3 AI doesn’t exist in a vacuum. Understanding the broader industry context is essential when decentralized projects compete with centralized ones. Though Web3 AI projects are novel, they're not as feasible as centralized ones yet. As a result, mainstream AI narratives will probably keep driving the market. Keep an eye on real-life AI narratives to predict AI x Crypto market trends. But remember, there are high risks involved. With many promises but little adoption, risk management & prudence are essential. This is not financial advice but purely educational.
It’s way to easy to create a list like this as justification for why everyone should be up bigly right now. The list of reasons for why people haven’t made it is much bigger, so here’s some empathy for the degens down bad. - Most degens operating with very small portfolio, few L’s and your burnt - You was told that memes are outperforming everything, so your entire port is shitters (port isn’t big enough to diversify) - For every meme runner there’s 100’s of others that nuke to zero (the ones you buy) - If you didn’t get in unibot early you most likely roundtripped most your gains - More likely is you missed it and got burnt on buying second movers - Psyoped by Twitter / supercycle talk, selling any ‘quaility’ alt for 4-5x feels stupid when market is raging - Let’s not act like any meaningful gains where made off FT from 99.9% of people other than creators I could go on and on
The best crypto playbook for projects: 1. Attract users by teasing airdrop 2. Earn these users real money via using the protocol. 3. Gib juicy airdrop 4. Because users are earning real money, they will stick around. No need for "multiple" airdrops and complicated ponzinomics
No need to be a maxi for anything this cycle. There's one simple rule: follow da money. You can win in Ordinals, Runes, and whatever comes next.
Are you still sidelined?
Study L3s. Study appchains. Degenchain doing more txn than Ethereum. Appchains are the Endgame.
Claimed my 'thank you' gift from @lens/bonsai to celebrate the fundraise! 🎉
Investing is a long journey! Whether this is an uptrend or a downtrend market, you still have to maintain discipline in your investing. Otherwise, you will lose money in an uptrend even if everyone is making a lot of money or even die before you can wait for new wave of uptrend. So invest with money you can lose. Make sure if tomorrow that money goes to zero, you still have enough money to buy food, clothes and pay rent. If you have profit, don't forget to cash out to buy real assets. if you don't take profit, others will take profit. If you are still holding a good coin, then be happy, because the falling market is an opportunity for you to accumulate more. Have a nice weekend! Don't check the chart too much.
Fear is a stronger human emotion than greed. Don't forget that.
I just claimed my $BONSAI reward on @lens/orb!
**Airdrop Alpha 🪂** For all my low-capital farmers, Getgrass_io might literally be made for you You need no funds, no wallet, only an internet connection and their browser extension and you will farm their points for basically no costs. Basically the catch is that they are using your unused internet bandwidth and provide it to vetted institutions and high-profile companies that need more of it, you're literally turning a wasted resource into potential rewards. Get Grass recently announced a $ 3.5M raise on top of that. Sign up here: https://app.getgrass.io/register/?referralCode=JzV3DtE7Lh2OXOK
There's no shortcut to greatness in this space: GRIND 10h+ a day: - Read research papers - Attend major conferences (or watch replays) - Join degen communities - Track smart money moves + Dune dashboards - Listen to podcasts That's how you get ahead of the curve.
🪂@zksync Airdrop🔜 😁We r grinding @zksync Era since day1 📆24Mar2023 📆346days 😉We also grinded on zkSync Lite(v1) 👇I was able to grind 300k volume 🌉Bridge 41k 💱157 txns 🎨63 unique contracts 🤔What's your first txn date 👇Post 📸 of your stats 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1764571190360985676?t=QoWrudy4hESt7hWfEHmD8A&s=19
Just posted on X, lens, & Farcaster simultaneously using @thefireflyapp 👀🔥
hated coins still run the hardest I really don't know fundamentally why it happens (apart from big ones you can short), and would love to get a wise explanation from someone like GCR but in the meantime, you just submit cause you know it works almost 100% of the times
It's $LENS time now.
Some areas you should absolutely have atleast some exposure moving forward in the cycle; 1. AI blue chip stuff - good chance they blow out every L1, L2 & restaking shit out of the water in terms of returns. We are already seeing it. Greatest bubble ever in the nascent stages. 2. Ordinals - there's a paradigm shift occuring in front of our eyes. Things which were never possible on Bitcoin are now taking place in full force. New experiments that could last. Bitcoin whales are the largest in space. Watch out. 3. Metaverse - Good chance this narrative comes back from the dead. New shiny stuff being built around this which also aligns AI applications 4. Cosmos - Yea cosmos eco could finally have it's time. We keep hearing this from years, but might actually be time. I'd suggest getting used to navigating that space. Shit's annoying af but that's how you build edge 5. Memes - well established stuff, which has achieved that escape velocity. Things in which bigger players have an active stake now. Some of these will get sent through the stratosphere. Matter of time. Time to build positions and conviction is now. Soon, every bs out there will go parabolic and there won't be a moment left to think. You'll end up chasing every pump out there without capturing any sizeable return. Good luck.
Everything will pump! Just sectors likely take turns being the meta for the week. Dont buy the top of each meta and sell it at the bottom for the top of the next. Find solid plays to hold for mid-long term. Or buy bottoms of sectors you know will get bids in the near future.
OMG I'm so fucked 😭
OMG I'm so fucked 😭
**🪂 Rabby Points are live. Ready to claim?** Rabby wallet dropped initial points to every EVM address. Check Rabby now to see your stash! Check and Claim your rabby points guys: https://rabby.io/rabby-points?code=WEB3
We have updates for $ALT AltLayer eligibility criteria. Hint: EigenLayer restakers get 13%. Airdrop in 2 days Also- $RABBY launched RabbyPoints. How long before MM is "forced" into a token? Lubin already confirmed they will launch a DAO+token 👀 $ALT & $RABBY details👇 https://twitter.com/OlimpioCrypto/status/1749790249130361188 https://twitter.com/OlimpioCrypto/status/1749790249130361188
Think of airdrop farming like how a Venture capitalist views seed investments. Expect the majority to be trash, but the occasional unicorn airdrops like Arbitrum or Jito can compensate.
Daily research routine: 1) Check news 2) Deep reading such as protocol articles & white papers 3) Go through tools, metrics, charts, & dashboards 4) Go through my narrative/protocol watch lists 5) Learn from others: Twitter, discords 6) Journal 7) Cry from the overwhelm
**🎉 Pixels Airdrop season 2 is live:** last chance to earn $PIXEL 🎁We already made decent profit in $BERRY tokens in play to earn **👇Join season 2 now. It will be live for 2 weeks only** 🔗 dashboard.pixels.xyz/contest/pixels_airdrop_2?rid=6597a68429f26c3a5ba8ec3b ✅Finish quests 🎁To win $PIXEL
**This Week's Smart Money Analysis** Wallets tracked: 23 Assets: $ 27m We saw a crash this week, which wiped out a massive $ 500m in liquidations. Let's see what the wallets did. **What They Bought:** This week continues the strong buying trend in GambleFi protocols, a pattern established last week. • GambleFi remains strong with both $ROLLBIT and $WINR are maintaining their momentum. Quite a few of our wallets are invested in both - indicating RLB as the alpha and WINR as the beta play in this sector. • Perp Dexs. There was a notable increase in buy signals for $GMX and $LVL. This trend suggests a potential short-term resurgence in interest in Perpetual Decentralized Exchange (Perp Dex) protocols. Interest in Levels could be due to rising metrics, and a major catalyst on the way with version 2.0. • They're also buying $Mubi. MultiBit is a bridging platform that transfers tokens between Bitcoin and EVM networks. **What They Sold:** • This week, we observed a significant selling event in $WBTC, particularly among users heavily engaged in DeFi activities. This activity and certain stablecoin trends we'll discuss later indicate a growing sense of caution among investors. • Another key point to note is our smart money group's substantial sell-off in $INJ. After peaking at an all-time high of $ 44, $INJ experienced a pullback to the $ 36 range. This movement might present a potential buying opportunity for vigilant investors. • Additionally, the first week of 2024 has seen notable selling activity in $MKR and $ALCX, marking a shift in investor sentiment for these tokens. In this week's buying activity, we continue to see strong confirmation of interest in gambling protocols on Layer 2 networks. This sustained focus underscores the growing market enthusiasm for these platforms. Additionally, the recent comeback of the Solana DeFi ecosystem is worth noting, as it has attracted a significant inflow of stablecoins. Signaling once again strong investor interest and opportunities. For the first week of 2024, despite experiencing a brief flash crash, The P&L analysis of our smart money investments indicates a positive trajectory. Overall, there has been a noteworthy 15% increase in profit, demonstrating resilience during volatile market conditions. We're developing a correlation index to compare the P&L of our smart money investments against the market's relative strength, focusing mainly on Bitcoin and Ethereum. **This week, our index indicated a correlation ratio of 0.88.** Despite the average, The stablecoin market saw an uptick, trending towards the 20% allocation. These signals are usually telling us of more cautious investors towards the market. There was a little spike towards the mid-end of this week (20% allocation during Wed-Thu) due to natural selling pressure. We found some opportunities thanks to volatile times, which will be further explained in the next smart money weekly update. **Degen Shitcoins** Please be advised that the tokens listed here have been subject to engagement classified under our 'degen' interactions by the smart money watchlist. These tokens represent new launches and currently possess a market capitalization of less than $ 1 million. It’s important to note how we use smart money alerts. They’re meant to be a way to spot potential gems and to find trends early. They’re not meant to be buying signals. Use these as a way to spot gems to conduct further research.
Everyone is focussing on if we go up or down with the Bitcoin ETF. My advice is to stop focusing on the drama and hysteria around the ETF. In crypto, there's always something around the corner that will spell our doom or make us all billionaires. And you know what happens? Every single time it has less impact than either side thinks it will. And then we move on to the next bit of news that will supposedly change everything. Sure, this ETF approval is one of the biggest things in a long time... but you know what? It's all just noise. I don't care where crypto is going in the next couple of days because I know where it's going in the next couple of years... Much f**king higher
Which NFTs are the cutest? Chains don't matter.
**Airdrop Alpha 🪂** For all my low-capital farmers that missed it, **Getgrass_io** might literally be made for you You need no funds, no wallet, only an internet connection and their browser extension and you will farm their points for basically no costs Basically the catch is that they are using your unused internet bandwidth and provide it to vetted institutions and high-profile companies that need more of it, you're literally turning a wasted resource into potential rewards Get Grass recently announced a $ 3.5M raise on top of that so I'd say the risk reward is definitely interesting here considering you basically need nothing but an internet connection to start. **Sign up here:** https://app.getgrass.io/register?referralCode=JzV3DtE7Lh2OXOK Good Luck
You’ll fumble the bull market if you can’t manage your time. Think about Olympic athletes. They have a **small window of opportunity** because of their athletic primes. They're set for life if they can go all in & win a gold medal. But what’s preventing them from achieving their goals? Distractions, lack of focus, and the inability to manage their time. **You also have a small window of time to make it in Crypto.** While there will be more bull cycles in the future, they’ll have fewer returns as the market becomes more efficient. **This upcoming cycle is “the big one.”** You gotta do everything you can to make it - leave nothing on the playing field. I’ve been thinking about time management and how I want to play the next two years. Here are 3 principles I’m focused on: **1. ELIMINATE THE DEAD WEIGHT** "*Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost.*" - Alphonse Elric I remember watching an action movie once. They needed the airplane to take off, but it was too heavy. So, they spent the next few minutes throwing out all the non-essentials (like airplane seats). Once the dead weight was off, the plane could finally take off. That’s how your life is right now. You need to focus on Crypto, but too much weight is holding you down. **What’s the dead weight?** • You’re saying “yes” to too many opportunities and people. • **Cheap dopamine:** watching sports, Netflix, social playing, video games, or chasing tail. **Trying to pursue everything means you'll end up with nothing**. Life is about making a series of conscious trade-offs. I hear about the legendary stories of Kobe’s work ethic: practicing 6 months, 6 days a week, for 6 hours a day. I'm sure he was tempting to skip workouts and cheat on his diet. But his discipline is why he's a legend. I’m not telling you to give things up permanently. Life can’t always be perfectly balanced. Instead, it operates more like seasons. This is the season to focus on Crypto. You’ll have plenty of time in the 2027 bear market to catch up on One Piece. **Action Steps:** 1) Audit your time. You can use apps like Toggl or your calendar to see where your time is going. 2) Analyze. Decide which activities you want to cut or downsize. 3) Build rules. Not watching anything is a little unrealistic. You can set a rule that you can only play video games or watch movies on Saturdays. Or you’ll only go to the club max once a month. **2. DECIDE WHAT’S NON-NEGOTIABLE** One of my weaknesses is that I can become too obsessed to my detriment. In previous bull markets, there were days when I forgot to eat. Neglecting some of my core habits held me back. You need to figure out what’s non-negotiable to you, and they’ll serve as your “guard rails.” First, I always prioritize my sleep and my health. I know we glorify the “no sleep” culture, but it’s hustling backward. You make money from your thinking and decisions. Making the best decisions is hard if you’re sleep-deprived and Cheetos and Mountain Dew fuel you. You have to figure out what’s non-negotiable in your life. It could be your health, time spent with your family, or your relationship. **Here are some non-negotiables for me:** • 8 hours of sleep a night. • Gym 3x a week at least (Hint: Having a kettlebell + pullup bar at home is a solid workout if you’re short on time.) • No work on Saturdays. One day off to completely relax. • A weekend trip to the mountains/beach every quarter to recharge. • I call my mom every Sunday. **Action Steps:** 1) Create a list of activities that are non-negotiable for you. 2) Set them up as repeating events in your Calendar. For example, date nights could be essential if you’re in a relationship. So block off Saturday nights for them. 3) Follow the system. **3. BUYING BACK YOUR TIME** We all have the same 24 hours but not the same results. I’ve always wondered how some CEOs and celebrities can do so much. One secret is they can buy back their time. Beyonce has an army of maids, nannies, and assistants helping her. Some CEOS have chefs, assistants, and private drivers. Your time is worth something. Would you accept $ 1 to do a Crypto consulting call with someone for an hour? Probably not. Would you accept $ 10,000? Most of us would. The good news is this has become more accessible than ever for everyday people. You can hire a private driver through Uber or someone to buy groceries through Instacart. This whole system boils down to the difference between how much money you make and your cost of living. **Person A:** Makes $ 10 an hour and lives in Singapore (high cost of living). It doesn’t make sense for them to start outsourcing yet. **Person B:** Makes $ 50 an hour and lives in Bali, Indonesia (low cost of living). They should be outsourcing everything possible. Here are some ways I’ve bought back my time: • I have a full-time virtual personal assistant for $ 500 a month. I need a haircut or a restaurant reservation booked? I can send her a 20-second voice memo on Whatsapp, and it’s handled. My assistant's value isn’t that she saves me time. She helps me think and find my blind spots. I recently had her book a flight to a different country. I had completely forgotten that I needed a visa to enter it. She spotted this error and took care of it. • I have a housekeeper who comes twice a week. I don’t do laundry, fold clothes, or do any heavy cleaning. • I moved to a building with a real gym inside. Now, my commute is a 30-second elevator ride, compared to several hours a week stuck in traffic. • I get the same groceries delivered every Sunday and Wednesday: eggs, steak, chicken thighs, bananas, bell peppers, etc. I also have a solid meal prep company I can order from if I don’t have time to cook. The Cycle: Make money -> use money to buy back my time -> use the time to make more money. I’m constantly building systems and leverage. This is how some people can seem as if they’re superhuman in their productivity. Finally, this isn’t just about saving time. You’re also saving mental bandwidth. Making too many decisions is exhausting (*This is why Steve Jobs wore the same outfit every day*) Each system I build is a way for my time to compound. **Action Steps:** 1. Calculate how much your time is worth. Let’s say you make USD 100,000 a year at your job. You spend 60 hours a week working (Actual work + commuting time). Your time is roughly worth $ 32 an hour. 2. Write down all the activities/errands that you do weekly. 3. Research how much it’d cost to outsource them. See if it makes sense to start outsourcing or delegating. 4. Start outsourcing. Hiring and delegating well are skills that get better with practice. For advanced study, read “**Buyback Your Time**” by Dan Martell, and listen to “**Build with Rob**” podcast by Robert Dyrdek. **GOING HARD** I have few regrets in life. But if I had to name one, it’d be that I didn’t go harder on opportunities in the past. The next two years will be some people’s best chance of making generational wealth. Don’t waste it.
You survived Luna, 3AC, and FTX collapsing. You stuck around when BTC dropped to $ 16k. You kept investing despite the world moving on to AI and other bright, shiny objects. Be prepared for: "Wow, I can't believe how LUCKY you got with Crypto"...fuck them.
⚡️ 🌿 ⚡️ 🌿 ⚡️ 🌿 ⚡️ Holders of an ENS domain or a Farcaster profile can now claim a Lens profile directly in the Buttrfly mobile app. → https://buttrfly.app/download
$JTO Airdrop Checker is out Only **9,852 users** qualified in aggregate, and I'm proud to be one of them → Everyone with at least 100 pts qualified Just as Tensor S1-S2, it appears Jito was HEAVILY underfarmed Looking forward to sweet governance rights https://jito.network/airdrop/
web2 vs web3 default pfps Empty pfps on @lens/hey will now default to Lennys!
RWA will be the **biggest** narrative in 2024, especially for institutional money. Here are the **must-know** RWA gems, part 1! **Big Caps**: $MKR @MakerDAO Maker is an OG DeFi platform that is using treasuries to back their stablecoin $DAI. $MPL @maplefinance Maple is an institutional lending platform that utilizes RWAs like treasuries. $PENDLE @pendle_fi Pendle is a decentralized yield-trading platform offering RWA yields. $NXRA @allianceblock Nexera offers tokenization services and is building a decentralized Tokenized Market. $GFI @goldfinch_fi Goldfinch is a decentralized credit and lending protocol. **Mid Caps**: $CHEX @ChintaiNetwork Chintai is a digital asset marketplace that does tokenization as a service. $RIO @realio_network Realio enables decentralized trading, investing and leverage of RWAs. $TOKEN @tokenfi TokenFi aims to make tokenization of RWAs easy. $CPOOL @ClearpoolFin Clearpool is a decentralized credit marketplace with institutional lending. $STRX @TradeStrikeBVI Strike is a Web 3 wallet service that also offers tokenization. $TRADE @Polytrade_fin Polytrade is the marketplace for all kinds of RWAs, from treasuries to even car loans. $IXS @IxSwap IxSwap is the first exchange for real-world private investments such as startups. **Small Caps**: $DEXTF @DomaniProtocol Domani Protocol tokenizes digital asset ETFs to make it easy to invest in baskets. $SMT @SwarmMarkets Swarm Markets is a decentralized RWA exchange. $CBY @Carbify_io Carbify is a protocol that brings carbon credits onchain and uses gamification to encourage eco-living. $KLIMA @KlimaDAO Klima is a protocol that offers decentralized digital carbon credits. $FACTR @defactor_ Defactor is building the infrastructure for RWAs onchain. What RWA projects should I include for part 2? Comment down below!
$JTO Airdrop Checker is out Only **9,852 users** qualified in aggregate, and I'm proud to be one of them → Everyone with at least 100 pts qualified Just as Tensor S1-S2, it appears Jito was HEAVILY underfarmed Looking forward to sweet governance rights https://jito.network/airdrop/
There won't be a chain narrative rotator in this cycle. Every chain becomes so much better at attracting attention (as do the protocols on those chains). The quality of those protocols is overall impressive. And the winner will be the one who connects all those dots.
How to use DeFillama to spot new trends early. 1. Go to Chains and filter based off highest 1 day or 7 day change. 2. Find the chains that have the biggest changes in TVL. Make sure the chain has a decent baseline for volume. 3. Click on the chain to see what protocol is driving inflows. Shimmer and MultiverseX stand out to me so I want to see what is driving growth. 4. Do more research and see if there are catalysts for the chain. 5. Look at the price of the token compared to recent TVL. Volume often precedes price changes. 6. Go to Fees/Revenue to find revenue info on specific projects. If you find a project with growing revenue but no price movement, that could warrant more research. 7. For new chains, you gain exposure either through holding the native token or looking for farms on app protocols. 8. Remember that the newer something is, the more risk it carries. Make sure the chain and app are legitimate before putting your money in.
🚀 DeFi news and Catalysts for Nov 2nd 2023 🚀 • Arbitrum is voting on activating $ARB staking for 12 months. As of now, pro-staking side is winning. • Swell Network introduced Super swETH. You can deposit stETH in this vault and earn up to 18% yield from staking + redirected DAO revenue. • Jito, the leading Solana liquid staking platform, introduced StakeNet. It's a transparent and decentralized protocol for operating stake pools. • Ether fi has scheduled the mainnet release of their liquid restaking token, eETH, for November 6th. Initially, it will be whitelist only. • Liquity Protocol's LUSD is now natively available on StarkNet. This expansion is made available by Nimbora. • Zapper launches social app Chainchat on Base. It's share-gated group chats that share fees from share-trading proportionately among holders. • Uniswap DAO has voted to invest 3 million UNI (~$12MM) in Ekubo Protocol. The DAO will receive 20% of Ekubo's future gov token. •StarkNet has allocated 50 million STRK tokens for the Early Community Member Program. If you've contributed to the community, you can apply. • Landslide Network is building the IBC light client for IBC light client that'll connect Cosmos and Avalanche ecosystems. Its testnet is open. • Vertex Protocol announced $VRTX Liquidity Bootstrapping Auction from Nov 13th to Nov 20th. It is their mechanism for launching $VRTX token. • PancakeSwap introduced Position Manager for PancakeSwap v3. It presents features like automated LP and auto-compounding rewards. • ApeCoin DAO voted to create a platform to enable the required infrastructure for ApeCoin powered payments and rewards for games. • Celestia mainnet is now live. They airdropped 60M TIA tokens to active users on Ethereum L2s, Cosmos and Osmosis stakers, and crypto developers • Solana Breakpoint, their conference, is going on in Amsterdam. There might be bullish announcements related to the ecosystem. • Arbitrum Orbit is now mainnet-ready. It allows devs to create layer-3 chains on top of Arbitrum L2s permissionlessly. • Frax Finance domain name was hijacked for ~6 hours. The website directed users to a fake website. We don't about any loss of user funds yet. • SnowTrace, a blockchain explorer for Avalanche, will shut down its Etherscan-powered explorer. Speculators are blaming Etherscan fees for the close. • ZachXBT advises degens to be careful about De dot Fi's $DEFI token sale. They have yet to distribute tokens to the IDO which happened 1.5 years ago. That's it for this week's edition. I'd love it if you could retweet or engage with this post to help boost it.
Those who persevered and didn't give up are reaping rewards. Kudos to you if you're still here, putting in the effort. - You've endured the bear market. - You've weathered the FTX FUD. - You've stood strong through the Binance FUD. You truly deserve this bullish market.
Pro tip: when it comes to DYOR, you know imma LinkedIn maxi. I want see past founder/leadership experience, track records of success (or lack thereof), and so much more. But what do you do if a project doesn’t have a LI company page? Step 1: Google “ X( Project Name) + ‘Founder’ ” Step 2: Then search for those names on LinkedIn (try filtering by industry - tech, finance, IT - or country to get better results faster). If they don’t come up repeat step 1 and 2 with ‘advisor’. Step 3: If you think you’ve found them on LI, see if they have terms like Web3, DeFi, Blockchain, etc in their title, bio, or role descriptions. That’s likely them. Step 4: Go to their experience section to fully confirm that’s them (hopefully the project is named or referenced - or its use cases/benefits are described). keep doing this for as many folks as you can find. But what if you’re certain it’s them but the project still isn’t listed but they have an active role somewhere else? Step 5: Google that project, explore its website, explore its crunchbase page. It might be the project’s true parent company. What does that company look like? How long has it been around? Has it successfully scaled? Does it have legitimate partners? Does it seem like total BS? Rinse and repeat 💦
is anyone able to articulate why they think $SOL is overvalued relative to the other alternative blockchains? it still has a higher transaction count than any other mid-large cap blockchain, and third highest user count after BSC/TRX (which are used differently, i.e Tron is almost entirely for stablecoin transfers) it has proven itself as one of the most performant blockchains in practice (not just theory). Visa selected them as their blockchain of choice for a reason. it has one of the best brands and network effects in all of web3 right now, and is well received by institutions and retail participants, which creates a strong path for future growth. mobile stack enhances this. it has the largest NFT and general community presence outside of Ethereum ecosystem. it has the highest number of total developers working on it after Ethereum according to Electric Capital's 2022 developer report. it also has far greater value accrual compared to the beloved L2 tokens, which are only used for governance at this time, yet no one on my tl seems to have an issue with them. so tell me again why it doesn't deserve to have the number 1 spot among alternative blockchains?
If you simply just: - Digest crypto news. - Understand crypto technicals. - Read crypto alpha. - Track smart money. - Find new projects. - Track money flows. - Look at token unlocks. - Find good yield. Then your crypto growth will be unrecognisable over the next 24 months.
Current narratives : - $BTC had a massive green candle week (+14%) and outperformed many altcoins - $SOL remains one of the strongest majors despite FTX starting to sell their tokens - AI coins are hot, OpenAI conference on Nov 6 : $WLD (+14% over 7d), $RNDR (+21%), $FET (+55%), $AGIX, $OCEAN, $AKT, $PHB. - $LINK has finally broken out of its >1y range : +23% this week - $PEPE : the team burned $6M worth of tokens and that ignited a huge pump of +65% in a week - Strong coins : $INJ (+52%) $RUNE (+44%) - $DYDX will distribute fees to validators and stakers : +24% - $APE has a strong support at null and Apefest on Nov 3-5 - $FLOKI up +52% after the launch of $TOKEN, their new staking reward token - On-chain memes pump the most : $BITCOIN (+76%), $JOE (+200%), smurf cat (+520%), $MOG (+115%). - "Beta to BTC" coins have (surprisingly) not moved up this week : $STX $BCH $BSV
People with bear market ptsd still thinking that $700-900k MC is exit liquidity. Have a look at the charts and see how things are sending. Crypto gives opportunities that don't last long. You need to be able to adapt if you want to make money. It's quite difficult to buy high to sell higher, but much more difficult to be sidelined when everything is sending. The casino forces you to play.
When it comes to meme coins: - $PEPE is excessively overrated, with a delusional community and a shady team. - $DOGE is solid, with good memes and the backing of Elon Musk. - $SHIB is currently building their L2 chain called Shibarium. - $FLOKI is embracing the RWA narrative with its platform at @tokenfi.lens which meme coin do u like?
Current narratives : - $BTC had a massive green candle week (+14%) and outperformed many altcoins - $SOL remains one of the strongest majors despite FTX starting to sell their tokens - AI coins are hot, OpenAI conference on Nov 6 : $WLD (+14% over 7d), $RNDR (+21%), $FET (+55%), $AGIX, $OCEAN, $AKT, $PHB. - $LINK has finally broken out of its >1y range : +23% this week - $PEPE : the team burned $6M worth of tokens and that ignited a huge pump of +65% in a week - Strong coins : $INJ (+52%) $RUNE (+44%) - $DYDX will distribute fees to validators and stakers : +24% - $APE has a strong support at null and Apefest on Nov 3-5 - $FLOKI up +52% after the launch of $TOKEN, their new staking reward token - On-chain memes pump the most : $BITCOIN (+76%), $JOE (+200%), smurf cat (+520%), $MOG (+115%). - "Beta to BTC" coins have (surprisingly) not moved up this week : $STX $BCH $BSV
Simple systems for people to navigate a crypto bull market for the first time: First stage: - Bitcoin price will rise. - Bitcoin dominance will rise. - Alt-coins get destroyed. Second stage: - Ethereum plays catch-up. - Ethereum takes the lead. - Alts get excited. Third stage: - Capital rotates to alt-coins. - Look at the ones that did well compared to the rest in stage one + two. Fourth stage: - Dump your crypto gains.