Linn's Leverage #337 is out: (Link in tweet below)
- @pendle_fi Prime Yield
- @NolusProtocol Updaterooni
- @NetmindAi OpenAI Invitation
- @GammaSwapLabs Prepackaged Straddles
- @WINRProtocol First Onchain Video Slot Game
Please Like/Repost to support :)
Giveaways help with growth but do you know what helps more?
Good writing.
You don't need to be a guru
Just understand the basics!
• Active voice
• Write for one
• Clear & concise
• Use white space
Nothing can cover up for bad writing !
🚨 Some Major news from yesterday🚨
- $Friend airdrop debuts at $12 but tanks to $2.5 in 30 minutes ahead of V2 rollout
- zkasino team member arrested in Netherland and $12M in assets seized
- $BTC Jack Dorsey’s Block will invest 10% of its BTC profit to DCA BTC every month
- $TON USDT now listed on Coin98wallet, you can now send USDT instantly via telegram
- $Eigen EigenLayer to 100 more EIGEN to token holders
- $Coin Coinbase generated $1.6B in revenue in Q1
- $GRT Starting May 1, their Sunrise Upgrade Program backed by up to 4M GRT ($1.2M USD), will reward community-driven missions that promote data democratization through on-chain and off-chain activities.
- $ZK Polyhedra break zkp record speed record with launch open-source ZK proof system, Expander, that’ll generate proofs nearly 2x faster than other alternatives while enhancing security and efficiency
- $Ape AnimocaVentures plans a $10M fund with ApeCoin with AIP proposal announcement
- Eclipse FND, an SVM protocol, says first to break the EVM-SVM compatibility barrier with the deployment of Neon Stack
- $NIBI Nibiru appoints two Asian leads—
Yura Nam, ex-head of StarkNet Asia, to lead Asia growth, and Nicholas Lo, a former APAC Growth Manager at Bored Ape Yacht Club developer Yuga Labs, to oversee Asia business development.
- $CELO RWA protocol Untangled Finance backed by Fasanara Capital opened its first private credit pool on the Celo with French fintech lender Karmen
- $ZIL Zilliqa to release the V9.3.4 network upgrade on May 20
- JamboTechnology announce strategic partnerships with Injective and Galxe.
- Pantera Capital invests in TON with initiative to access Telegram masses
- Paragraph raises $5M from Union Square Ventures and Coinbase Ventures. They also acquired Mirror blogging platform
- Build on Bitcoin, BOB, a BTC-EVM L2 launches mainnet
- Lukso, an EVM chain designed for the new creative economy $1M grant to cultivate a vibrant ecosystem of user-centric, social and creative projects built on Lukso
- Tether teams up with blockchain company Chainalysis to monitor txns with its tokens on secondary markets
Daily Market Overview
May 03, 2024
#BTC price trades around $59K
🔸Top Gainers:
$TRB
$ALEPH
$ZETA
$TOSHI
$DEGEN
🔸Trending Searches:
$MINA $TRB $SOL $HOOK $AEVO $PEPE
In the past 24 hours , 43,022 traders were liquidated (65.12%Short), the total liquidations comes in at $108.58 million
If you don't have a #Binance account yet.
Enjoy 20% trading fee discount on new registration
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https://t.co/2AaNUNp9nm
#ReserveRights appears to form a head and shoulders pattern on the hourly chart. A sustained drop below the neckline at $0.0051 could trigger a 60% correction to $0.0021 for $RSR.
#RSR needs to reverse and regain $0.0072 as support to invalidate the bearish outlook!
1/ Had a great time picking the brains of @tn_pendle and @Rightsideonly from Pendle.
Some said that $PENDLE is done for after the recent dip and LRT season.
They're too shortsighted.
A 🧵 on my key takeaways as a $PENDLE holder since $0.3
GameFi narrative is gonna boom hard!
I have been researching for a while and stuck across @Portalcoin.
It's the most profitalbe launch on Binance Launchpool with over 5M views on Dota tournaments.
Pubg about to get added too, watch this one closely 👀
#Bitcoin still acting in a range for more than three weeks.
Breaking through $69K and we'll get an ATH test, but ultimately the volatility is going down and we're likely rotating towards altcoins.
BTC halving in 20 days
This gives you a limited window of 20 days to farm BTC airdrops
Costs: $0
Potential: $20,000
Users: Only 30k — huge rewards pattern
Your last way to secure life-change 👇
The gem of this cycle is dropping this month 💎
We always talk about how crypto hasn't found its real use case and has no connection to the real world, particularly in the last period with the memecoin mania.
However, we can all agree that DePIN related to cloud computing might actually find product-market fit outside the Web3 space.
I won't dive much into this, as you have heard the story 1000x times, but for the amateurs, here is a TLDR:
1.) AI is growing
2.) A lot
3.) AI needs computing power
4.) A lot
5.) Computing power : AI = Food : Human
6.) Computing power comes from GPUs & CPUs
7.) Not enough GPUs/CPUs in the world
8.) Shortage of computing power
Key take - The global GPU market is inefficient.
DePINs gather idle GPUs/CPUs worldwide and provide computing power, filling this gap.
Before diving into the gem, here are some quick numbers on the sector:
2023 revenue of the largest cloud computing providers
AWS - $90.757b
Microsoft Cloud - $38.18b
Google Cloud - $33.088b
- $162.2b combined -
$NVDA, the largest manufacturer of GPUs, is worth $2.7 trillion.
On the other hand, the entire decentralized computing sector is only worth $7 billion.
Now, let's talk about the gem. I won't dive much into the technical aspects in this post, but more on the maths.
@ionet_official
It is by far the largest network in terms of GPU supply with:
✦ 340678 total GPUs
✦ 41375 total CPUs
This is:
• 35x the number of GPUs on @rendernetwork
• 55x the number of CPUs on @rendernetwork
• 322x the amount of GPUs on @Filecoin
• 1257x the amount of GPUs on @akashnet
The last round of Ionet was at $1b, so we can expect a $5b - $20b range for its FDV.
How can we be sure of this?
Well, this is the situation of the last "Tier-1" launches:
• $STRK is trading at $19.2b of valuation (being one of the less-utilized L2s in the space).
• $JUP is trading at a $17.0b valuation.
• $ENA is trading at a $17.8b valuation.
• $W is trading at a $12.9b valuation.
The pattern is pretty clear. From now on, all new "Tier-1" launches will trade at $10b+ post-launch.
Don't see how Ionet will trade lower, considering the growth it's showing and its massive potential. And, if it does trade at a lower valuation, then it'll definitely be the easiest 10x of this bull run.
Another factor that could potentially boost the value of $IO is the team's consideration of launching a separate L1. Given the already extensive network of nodes worldwide, the chain could have the largest validator set globally.
Reminder -> Cardano reached a $94.74b market cap in May 2021.
And the biggest L1s' FDVs currently range from $5b to $33b (excluding ETH, SOL, and BNB).
Could really see $IO being in the $50b - $100b of FDV by the end of the cycle.
Quick Notes on by @IndianaAltzz
• Lightning speed, surpassing AWS.
• 90% more cost-effective than conventional cloud services.
• Operating in 139 nations.
• Set to deploy 1 million GPUs on $SOL, crafting the globe's largest AI compute cloud.
• Provides clusters of GPUs - without clustering or supercomputers you are not competitive in the GPU space.
Discloser: I'm an angel investor of the project.
$BRETT on #Base presents a very good risk-to-reward ratio at the current levels because if #BRETT rebounds, this #memecoin could rise by 80% toward a new all-time high of $0.130!
Meanwhile, the stop loss can be placed anywhere between $0.070 and $0.066, representing a 7% to 10% loss.
If you're looking to join me in this trade, head over to @coinexcom, sign up through my referral link https://t.co/j3vXgIScpR, and let's ride the wave!
I'm preparing a huge thread 📈
You will learn how to find under-radar gems, enter them early and profit 1000x
Have been gathering this alpha for over a year now, time to share!
400 Likes and im going to drop it.
So we had:
- Bullish weekly close
- Bullish monthly closure above 2021 ATH and highest monthly in history
- Bullish quarterly closure as confluence (add even more strength to the monthly closure)
- Monday open interest flush
While the short-term might hold some chop price action to grab liquidity left and right, these signs clearly highlight solid strength and the willingness on the part of smart money to push the price more.
Therefore, any pullback can be considered healthy and exploited as an opportunity to load up on your bags.
The plan for seeing further acceleration and shortening of the cycle continues to perfectly work.
Smart money are cooking the move.👁️
Coinbase and Blackrock have entered RWA!
Many who followed their investments in the last bull run made:
300x on $MATIC 80x on $APT 60x on $AR
I spent hours tracking them and was shocked...
Here're their 15 RWA coins with 10-100x potential 🧵👇