Some big launches await us in the coming time:
• $ALT - Jan 25
• $JUP - Jan 31
• $DYM - Soon
But, considering the numerous new launches expected this year, here's my opinion:
➜ Testnets are often overlooked
➜ Points system is often undervalued
➜ Behind-the-scenes projects will gain a lot of attention over time
What is often underestimated is usually the most rewarding. That's why I emphasize the importance of being early.
◢ Here's a list of the biggest projects you can't miss:
- @AleoHQ
- @anoma
- @AvailProject
- @aevoxyz
- @berachain
- @Calderaxyz
- @eigencloud
- @Entanglefi
- @EclipseFND
- @fuel_network
- @Hyperlane_xyz
- @initiaFDN
- @monad_xyz
- @movementlabsxyz
- @sovereign_labs
Be early, by any method necessary. However, if for some reason you can't do so in a particular project, make sure to keep working diligently.
ALL THE TOOLS YOU NEED AS A CRYPTO DEGEN
🔖 Bookmark this for later
1️⃣ On-chain Analysis Tools
➢ @glassnode - Advanced metrics and customizable dashboards
➢ @nansen_ai - Deep insights into on-chain data
➢ @DuneAnalytics - Dashboards with real-time on-chain data
➢ @MessariCrypto - Research reports and market insights
➢ @ArkhamIntel - Wallet tracking and interactive analysis
➢ @bubblemaps - In-depth token supply distribution analysis
➢ @Footprint_Data - AI-powered data analysis and visualization tools
➢ @santimentfeed - On-chain and social metrics
➢ @uniwhalesio - Tracking whale transactions in real-time
2️⃣ Portfolio Trackers
➢ @CoinMarketCap
➢ @Dropstab_com
➢ @zapper_fi
➢ @nansenportfolio
Wallet trackers:
➢ @DeBankDeFi
➢ @zerion
3️⃣ Trading Tools
➢ @coinglass_com - Heatmap, liquidations data, and funding rates
➢ @cryptoquant_com - Market trends, trading activity, and other insights
➢ @DEXToolsApp - Charts, price alerts, and transaction info
➢ @GeniiData - Real-time AI trading assistant
4️⃣ Sniper Bots
➢ BonkBot for SOL - https://t.co/yM8n90H2WN
➢ UniBot for ETH - https://t.co/ktz3wjrKaa
➢ Maestro Bot for BSC - https://t.co/EaSkF0OfgL
➢ Prodigy Sniper for ARB and other L2s - https://t.co/c0E4BOjbzw
5️⃣ Security
➢ @Token_Sniffer - Rug checker
➢ https://t.co/gxjNXErI0h - Honeypot detector on BSC/ETH
➢ @RevokeCash - Revoke approvals
➢ @_joinfire - Transaction simulator
6️⃣ Airdrop Tools
➢ @earndrop_io - Discover unclaimed airdrops
➢ @myAlphaDrops - High-potential airdrops categorized
➢ https://t.co/Dx8gxMSp5z - List of tokenless projects
➢ @airdrops_io - Daily airdrops and bounties
7⃣ Funding rounds & investors:
➢ @crunchbase
➢ @CryptoRank_io
➢ @Token_Unlocks
8⃣ Charts:
➢ @DEXToolsApp
➢ @GeckoTerminal
➢ @dexscreener
➢ @tradingview
Of course, there's no need to use all the tools I've mentioned in this tweet.
Instead, choose the ones that resonate with you the most and master them. This way, you can reap the maximum benefits and alpha they can offer.
BitTime shows us clearly that we are following a cycle more like cycle 2 (2015 - 2018).
It proved this when #Bitcoin made its first early top (yellow dot) in July, and bottomed in August just like 2015 did.
Because of this, I think it makes perfect sense to end our first Blue Year rally in December, while most are waiting for January and ETF speculation.
The cycles told us this rise was coming before anyone was talking about ETFs, and in fact when most were advocating for a recession dump.
Not long ago I made the claim that I believed Bitcoin was topped at 45k, and I still stand by it.
The next scheduled sideways period is quickly approaching (small black horizontal arrow).
The 48k price target may be delayed until the second early top scheduled to come +/- 21 days from July 9th, 2024 (purple dot).
I firmly believe the power of the cycles will not be broken, even with potential ETFs on the horizon.
RWA is definitely destined to become one of the biggest narratives in the market's history.
But to achieve 100x success, must realize the power of Ecosystem.
Mega thread about important sectors, projects and catalysts for 2024.
0/50 🧵⬇️
🚨 Bitcoin has been a catalyst for crypto recently.
While most traders are waiting for Bitcoin ETF approval, there are many more Bitcoin catalysts.
▪️ Bitcoin Catalyst
• BTC Halving
• Bitcoin Spot ETF Approval
• Expanding Ecosystem
• (???) 🧵
1⃣ Market trends
Expectations for a rise in BTC spot ETFs are reflected in the market.
Bitcoin Prices Rise And Network Fees Rise
• Bitcoin network fees hit ATH in the aftermath of the BRC-20 boom in May this year. It is now on the rise, chasing that figure.
BTC Futures Open Interest
• CME's BTC OI, which used to be 2/3 of Binance, has now surpassed Binance
• CME's BTC OI topped $4B for the first time since October 2021, when Bitcoin broke $60K.
Prediction
• Arthur hayes (Bitmex President) expected $1M In BTC by 2026
• Matrixport predicts BTC to hit $45K by year-end
In addition, there are a lot of catalysts coming, including Bitcoin halving, Fed pivot, etc. 👇
2⃣ Increasing adoption of BRC20
$ORDI is the first token created in accordance with the BRC-20 fungible token standard on the Bitcoin blockchain.
With the recent listing of $ORDI on Binance, there is a renewed interest in BRC20 tokens.
Expanding the ecosystem
💠 Animoca Brands
• Animoca joins Ordinals Ecosystem @sparksordinals.
• With Sparks, @Darewise will build a Bitcoin metaverse ecosystem and has raised $3.5M in an upcoming token presale
• This is notable because it is the first token in the Bitcoin ecosystem to be used in the metaverse.
• Applications for SPARKS cube minting will close soon.
💠 DWF Labs
• Andrei Grachev, Head of DWF Labs, is looking for BRC20 projects, wallets - marketplace. (Early Nov)
> DWF has been an outstanding crypto mainplayer this year, so the interest in their BRC20 project is worth noting.
>> They narrowed it down to selecting @Multibit_Bridg $MUBI.
https://t.co/HMsWQVW24G
Increased BRC20 Token listings
• BRC-20 leader $ORDI has listed on Binance, and several BRC20 coins are seeing price gains.
• $SATS, $RATS was recently listed on Bybit.
• Binance and Bybit have been in a volume war recently, so if BRC20 tokens see a lot of trading, there's a chance they could be listed on Binance Future.
*Please be cautious when trading at this time as most volumes are very low and prices are volatile.
3⃣ Bitcoin Ecosystem Trend
Accelerate ecosystem projects
The number of projects joining the Bitcoin ecosystem is growing.
Launchpad platform @bounce_finance recently successfully launched @Multibit_Bridge, a bridge between BRC20 and ERC20.
• The $MUBI sold out in a flash and is currently showing an ROI of X77
• Next, BitStable's $BSSB, which allows users to issue DAII with bitcoin ecosystem collateral assets, also sold out quickly. (Probably mostly bots)
>> It shows the high hype around Bitcoin ecosystem projects.
💠 @bounce_finance has announced Bouncebit, a Bitcoin L2
>>It is likely that there will be a project to support many bitcoin ecosystems led by Bounce.
>>$AUCTION is showing great upward momentum, and Bounce's move could be an initiative for other Launchpad projects.
Trying new concepts
💠 $RUNES (Not $RUNE)
• In September, Bitcoin Ordinals founder @rodarmor proposed a new Bitcoin-based fungible token protocol known as "runes" on his blog
• Ordinals Wallet also mentioned the launch of $RUNES, so it's worth noting.
https://t.co/WbM4Ci38b9
>> When $RUNES can be fair launched, it will likely overtake $ORDI
💠 Inscriptions
Layer projects are popping up that are adopting inscriptions inspired by Bitcoin Ordinals (BRC-20).
• Avalanche (ASC-20)
• Solana (SPL-20)
• Fantom (FRC-20)
• Near (NRC-20)
• Tron (TRC-20)
• Doge (DRC-20)
>>The Bitcoin ecosystem becomes an initiative of the Layer project.
>>Layer's adoption of inscriptions seems to be driving up gas fee and token prices, but we expect this to be temporary.
>>Once each project's first inscription token is listed on a small exchange, the hype can bigger
💡My Opinion
The Bitcoin ecosystem is likely to expand rapidly, and convenience will increase.
In addition to ETFs and halving, Bitcoin itself can act as a catalyst for a bull run.
If the Bitcoin Spot ETF is approved and remains bullish, the Bitcoin ecosystem could also be in the spotlight. Stacks showed strong momentum in the last BRC20 boom.
DeFi backed by Bitcoin also has the potential to gain traction if Bitcoin's price rises.
* * * *
I hope you've found this Market view helpful.
💞Please Like/Retweet to support :)
Thanks for reading! 🫡