Glad to have the momentum back with my content! Aside from that, I'm doing something uncomfortable, interviewing people in different language haha #podcasting
Weekly Token + Narrative Watchlist 🔎
The ETH rotation is in full force, with many L2/DeFi alts showing positive signs.
Looking for continuation across multiple coins. Here's what I'm watching this week.👇
$ETH: Continues to exhibit strength, especially vs $BTC. I'm still holding my ETH/ETH-beta longs from 2 weeks ago.
Still holding above $3k, which is a major psychological level - however, be aware that Justin Sun has been fuelling a of this buy pressure, purchasing $500m+ worth of ETH over the past few days.
Still bullish on ETH and ETH-betas into the proposed ETF dates in May + Dencun in March. I also see ETH/BTC potentially breaking out + Andrew Kang relentlessly adding to his ETH long position.
$UNI: This was the news of the week. The fee switch proposal is underway. From a regulatory stand point, as Uniswap is actually a US based company, this could be massive for the industry as a whole. Watching other DeFi 1.0 tokens such as $CRV, $COMP and $AAVE in case it triggers a broader rotation. Also eyeing $FXS, $RUNE, $GMX.
$BLUR: The Blast L2 is expected to launch this week, and as we know - Blast was also founded by the Founder of BLUR. BLUR stakers will receive tokens from the Blase airdrop, but I'm also expecting BLUR to be further integrated into the ecosystem somehow. Give many funds/thought leaders are bullish on blast: BLUR is another way to get liquid exposure.
$XAI: Things are heating up on Arbitrum, and it's rumoured that ArbDAO are going to announce a gaming grants system. XAI is a leader in that sector. Additionally, XAI staking goes live this week - and fits the broader gaming narrative.
$DYDX: Off the back of the Uniswap news, DYDX has started to move nicely. However, it does have a big unlock coming this week. Given how much it has recently run, it could potentially entice some of the unlock recipients to sell, hence providing a gift in the form of a dip.
$RBN: The rumours around the $AEVO launch are getting louder. This is definitely a narrative I want exposure to: Pre markets + IOU markets will gain massive attention, especially with the amount of new token launches coming. They also had record fees of $4m this week.
$PEPE: Due to me being relatively bullish on ETH in the coming weeks/months: I think PEPE is being slightly slept on. Each time we have seen an ETH season, on-chain meme coins tend to move, and PEPE has been quiet recently. One I'm keeping a close eye on.
$COTI: Since mentioning COTI in my thread/video last week, it's up over 100%. Chart has now broken above major resistance, and is seeing a strong volume uptick. They have a lot of things lined up, with the launch of their new privacy-enabling L2 - which as we know is a hot narrative with the upcoming Dencun upgrade.
$FXS: The Revenue sharing narrative is building, and I expect to see teams jumping on this, and FRAX is one that has already responded. The FRAX team have already teased on their Twitter that they may switch on revenue sharing. Given what happened to UNI, there could be opportunity here.
AI COINS: Right now market rotations are quick, and I think that AI coins might take a temporary breather. This is the time to watch which coins maintain relative strength, and to keep building out your AI watchlists. I have no doubt that AI will be one of the leading altcoin sectors this bull run.
$RLB: Finally started showing some signs of life over the weekend. People forgot that RLB (due to its burn mechanics) is actually a leader in the “Rev share/real yield" narrative. If we go into an explosive bull run, I expect the casino/gambling narrative to take off. Rollbit has been underperforming for months, so there is room to grow.
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Beloved, Jesus is our good shepherd (John 10:11). When He is your shepherd, you will not want for anything. He leads you to places of rest, refreshing, healing, and renewal of strength!
“The LORD will guarantee a blessing on everything you do and will fill your storehouses with grain. The LORD your God will bless you in the land he is giving you” (Deut 28:8 NLT). It is our Lord Jesus’ heart to bless you so that you may be a blessing wherever you are.
I’m going home. After being away too long looking after the needs of other people, it is time to serve my family for a change. Enjoying peace and quiet in these challenging times will probably be my life’s greatest reward.