DeFi kings are back on the list of "Who's most likely to pump next?"
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And among all of them, there's one that decided to absolutely change and own the game
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That's @ethena ๐
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Remember when CT started noticing how stable oins were on a never-ending rise, wondering how to capitalize and speculate on it?
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โถ๏ธ Well, $ENA might just be that way
The $LUNA + $UST combination failed in creating a truly decentralized stablecoin AND in having a solid yield on one
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But it surely paved the way for a better model
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Right now, $USDe has a higher capital than $ENA itself (2.41x higher) and that's a strong contrast where it was the opposite (MC of $LUNA was 8x higher than UST)
And unlike Terra and Anchor, Ethena's yield comes from a transparent and much safer model
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To fully comply with the new American GENIUS Act, Ethena launched $USDtb as well, reaching a total TVL of $10B thanks to it
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Is it so crazy to think that $ENA should catch up to $USDe MC?
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We're talking a decent 3x or some more, and we've seen what good DeFi ideas can do to prices (see $HYPE for a good example)
Bottom is in, good place to start DCAing
A lot of Alpha going around on CT and TG channels on this one
$BRWS Your AI-powered browser for effortless exploration of the web and blockchain
In bull markets, new projects often offer the best R:R
Going for a different type of farming today
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You might have heard that @inkonchain, the proprietary $ETH L2 of @krakenfx, has made it official that there'll be an $INK token
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https://t.co/uDGC8shStk
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So far, the chain has very little volume and activity
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The TVL is only around $7.69M according to @DefiLlama, but that's steadily rising
There's a good opportunity to get a nice airdrop $ARB-style while also catching some early memes and dApp tokens mooners
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Hopefully
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I'm starting this whole adventure by bridging of course, and I'll use the official bridge on the https://t.co/u1qi78REC3 of course
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(which is powered by @RelayProtocol btw)
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Then we keep it up with a daily GM on the app made by the team themselves ๐
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https://t.co/aqVyIjg3jx
Next steps and dApps to check:
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๐ฃ @inkyswap and their InkyPump token creator
๐ฃ @deep_on_ink's yield platform
๐ฃ @SuperSwapINK's DEX aggregator
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I've already seen some +50% APRs on IL-less $ETH LPs on Deep, could be good
The moment of truth is coming for @KittenswapHype
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Their Points program has officially ended and that means the TGE has to be veeery close now
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An interesting points price prediction by @hypingbull based on a comparison with @ShadowOnSonic ๐
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https://t.co/CsYyMCJHQ2
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There are three things to keep in mind, in my opinion:
1๏ธโฃ The crypto market and the macro
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A bullish $BTC helps everything and everybody, and this makes no difference
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The current war climate could hinder the price of $KITTEN at least at the start, but this is not that important and as soon as things chill down it will pick back up quickly if everything else aligns
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2๏ธโฃ $HYPE Price Action and Hyperliquid health
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Not too different from point 1, but magnified for sure
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After all, $KITTEN will be valued in $HYPE from the start and a bullish HYPE PA will easily push things higher
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Again, if it does bad for a bit, it will just slow down the progress by some days or weeks
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More time to accumulate
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3๏ธโฃ The HyperEVM scene and KittenSwap in it
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If it doesn't wait too long, KITTEN (and veKITTEN) will be the first big token to launch on the HyperEVM chain
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Not a migration from HyperCore, an actual launch
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There have been smaller ones before and some bigger ones (these were memes though) and they've all been doing decently
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- The main meme and real first mover of the chain, $BUDDY, has reached up to $34M in MC
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- The first NFT of the chain, @tinyhypercats, also reached around 60 $HYPE in floor in ATH with an MC of around $3M at the time (selling price was 1 HYPE)
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- $KITTEN is another big first-mover
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โ If the stars align, this will be a crazy closing play for Q2
HopiumโฆWe are getting closer to KittenSwap @KittenswapHype TGE and I decided to do the moon math once again.
The situation has changed since my first calculation. KittenSwap team increased the airdrop percentage from 30% to 35%. Plus the platform TVL has stabilized and doesn't fluctuate a lot, meaning we can do a better math.
Let's take Shadow DEX as a base for our calculations. It's also ve(3,3) and it was launched not so long ago. If you visit Coingecko and take a look at the SHADOW price chart there, you can see, that it's trading at FDV/TVL fluctuating from 2 to 3. The price of the token depends on the TVL on the platform.
My math shows, that at 45M TVL, 1% of Kittenswap airdrop is valued at 315K - 472K USD.
The numbers are pretty wild, but the math is based on a REAL project. Itโs not something I saw in my dreams. The Shadow DEX has 40 Million TVL, 20 Million in daily volume, and ~46K in fees. KittenSwap has very similar metrics.
That's why the moon math is pretty real. Kittenswap generates 30k - 70k in fees daily. A project like this can't cost pennies.
#hyperliquid
DeFiโs a brutal arena, a Web3 gold mineโbig wins, bigger wipeouts.
Nura Labs isnโt playing small, theyโre rewriting the rules.
And $NURA just launched on Uniswap
https://t.co/W44yKtool9
Launch day is here ๐๐
$NURA goes live on Uniswap today at 4PM EST / 8PM UTC ๐
The first AI-powered, patent-pending DeFi wallet is ready & so is the future of Web3.
Letโs make history ๐ฅ
๐ https://t.co/1FrINsSkRi
Transparent, no BS, rewards onchain.
$NURAโs no memecoinโunlocks AI tools, premium features, ecosystem juice.
Patents pending, utility shipping, Nuraโs the real deal.
Launch day is here ๐๐
$NURA goes live on Uniswap today at 4PM EST / 8PM UTC ๐
The first AI-powered, patent-pending DeFi wallet is ready & so is the future of Web3.
Letโs make history ๐ฅ
๐ https://t.co/1FrINsSkRi
Sonic $S Airdrop Season 2 goes live TOMORROW, June 18!
๐จ This is not just another airdrop โ itโs bigger, smarter, and way more rewarding than ever before.
No more passive farming โ Season 2 rewards real activity.
Earn $S by deploying WL assets across Sonic apps:
-LPing
- Lending
- Much more coming
#Soonic #AirdropSeason2
Be ready, as soon as $BTC makes a new ATH you'll see a new wave of BTCfi protocols getting spammed on CT
Some of them will be really good
Some less
But if you pay attention to the market, that'll be a good area to make profits in
What an amazing public sale
$AQUA public sale is in price discovery and the numbers are insane:
-3M+ $S raised
-@SynapGG launching on @AtlantisOnSonic from @virtuals_io
-610%+ APR for $xAQUA and @SonicLabs GEMS
-FDV still 15x lower than @ShadowOnSonic 2 days left.
3M $S raised, and weโre still not done. ๐ฑ
Atlantis started as an idea.
The @SonicLabs community turned it into a movement.
$AQUA and $xAQUA are your tickets in.
Less than 48 hours to FARM at 600%+ APR and buy $AQUA at a discount.โณ
Join and farm: ๐
https://t.co/65hkwLVhKg
The @SonicLabs ecosystem keeps growing
$AQUA public sale is now live
Fair launch, instant yield, no private rounds and killer tokenomics
Good opportunity to get in early, looking forward to TGE
Atlantis Gates are finally open! ๐ฑ
$AQUA Public Sale is LIVE! ๐ข
Buy $AQUA, and farm both $xAQUA and @SonicLabs GEMS with high-yield APR from day one!
๐More details:
https://t.co/Xlg93dat97
Join and start farming now:๐
https://t.co/Umegnye99t