Definitive $EDGE is now LIVE.
CA: 0xED6E000dEF95780fb89734c07EE2ce9F6dcAf110 on @base
$EDGE is available for trading on @krakenfx, @Gate_io, @AerodromeFi and Definitive, with more exchanges coming online.
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12/1/24
Chaewon Capital Crypto Market Update
HYPE: Hyperliquid recently dropped their token for decentralization. With an affinity for doing things the right way and putting community first, HL had the best TGE in recent crypto cycles. Opening circa $2.8 on the open market, HYPE has now surged to $10 per token or 10B FDV.
Chaewon Capital remains bullish on Hyperliquid and believes it will breach the ranks of top 30 coins on CMC.
Photon: As one of the fastest-growing on-chain trading platforms, Photon is proving to be a major player. Its $200M in gross revenue and user-friendly trading terminal solidify its place as a top product. With $HYPEโs airdrop already making waves, the anticipation for Photonโs potential airdrop next year is palpable.
Chaewon Capital remains bullish on that Photon will be one of the biggest trading-bot airdrops this cycle.
JUP: JUP is looking poised to break out of its multi-month consolidation and accumulation range and may make a swift return to ATHs.
Chaewon Capital remains long on JUP and ranks it as a hold due to its integral part of onchain infrastructure on SOL.
NOTABLE MEMES
ALCH: Leading the wave of AI-based Solana plays in the past 48 hours, $ALCH has surged to a $65M market cap. There seems to be an air of speculation as it is followed by Binance.
BRETT: Hitting a new ATH at 2bn, $BRETT continues to dominate. The tokenโs performance suggests a resurgence in Base memes, driven by new liquidity on the chain - perhaps as more folks speculate on the possible BASE token despite the founder of BASE being vocally against a token at this juncture.
SCHIZO: Drawing attention with notable follows from popular CT traders like Owen and Smileycapital, $SCHIZO is purportedly created by GAIA and has been gaining traction as traders speculate on its future with GAIA's involvement.
C.C. NOTE
The market is primed for big moves as BTC.D draws lower and alt season comes into focus. AI memes continue to remain the top interest for liquidity onchain. Chaewon Capital expects a strong surge across the board on majors this month to close out the halving year and recommends continuing to look out for onchain AI projects with strong fundamentals.
@beaniemaxi@CryptoNad_@skorch@farokh Hamas literally fought isis yet u compare them, also the oven thing u talk about IS A LIE, i can litterally show u hundereds of videos where innocent palestinian children get bombed by the people u support
big bags small brain so u still end up with nothing