Alpha updates. 🪓 – Telegram
Alpha updates. 🪓
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Welcome to the Alpha Updates Telegram! 🌟

Here, you'll receive the latest scoop on upcoming IDOs, airdrops, altcoins, including lowcap gems, narrative-driven coins, meme coins etc

My twitter: https://twitter.com/axel_bitblaze69
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$ETH is trading at a 7-month high..
$BTC dominance is slowly cracking
And alts are starting to move…

Feels like the pressure’s building for a full blown altseason

We just need one last catalyst to trigger the altseason we have been waiting for. 5 things im watching rn:


shared a thread below. PLEASE ENGAGE ♥️

https://x.com/axel_bitblaze69/status/1946569069345558683
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Grass had one of the cleanest, no-nonsense airdrops in 2024 and Season 2 might be dropping in early August.

🚨 About 52.2 million $GRASS tokens are about to be unlocked on 1st August.
Season 1 also had 9 epochs and currently the 9th epoch of Season 2 is ongoing, which will end on 27th July. After that, an Airdrop announcement is expected.

If you are farming from the web extension, try switching to the mobile app for 3x daily points.

https://www.grass.io/download
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RWA asset holders are up 54% in just 30 days but the total onchain value is only up 5.3%That kind of mismatch usually doesn’t last long.

Retail is already positioning early. RWA narrative is already in motion. Most just haven’t noticed it yet.

The largest RWA market (excluding stablecoins) is Private Credit and after Ethereum, ZKsync is leading the charge with ~18% market share. That’s nearly 5x bigger than Solana.
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Took some profits ngl… felt right to de-risk a bit but i’m still holding most of my bags.

I ran through all 30 of my top indicators not a single one is flashing red.

No top. No exit signs. Nothing.

Let me show you what i’m seeing rn. A thread: 🧵👇

( PLEASE LIKE RT )

https://x.com/axel_bitblaze69/status/1947370044465549561?
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I don't think you should participate in the Espresso presale and here’s why:

Dead Hype:
Despite being the first project on Kaito Capital Launchpad, it’s not even in the top mindshare not in the last 3 months, not even in the last 24 hours.

Overvalued:
The sale is happening at a $400M valuation which is insanely high.
This isn’t 2024, very few projects in 2025 have made it to this kind of valuation.

🔒 Token Locked:
You get 0 tokens at TGE. lol
Then 50% unlocks after 1 year cliff, and the remaining 50% via linear vesting over another year.

🐻 So basically, you’ll receive the tokens during the bear market. And if the project manages to survive till then, you can just buy the token in the bear market it’ll likely be cheaper than tomorrow’s presale anyway. 😁
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Used AAVE recently? You might have SPK Airdrop waiting.

If you’ve supplied or lent DAI on AAVE (ETH mainnet) anytime since May 2024, You are Eligible!

Check here: https://app.spark.fi/SPK/airdrop

Spark’s metrics are comparable head-to-head with top DeFi protocols that have Billion dollar market caps.

- $8B in TVL and generating $300K in fees in the last 24 hours alone

- Spark alone is generating $226M in annual revenue for Sky Protocol (previously MakerDAO)

Yet $SPK sits at $120M market cap.
Math not mathing. Value is hiding in plain sight.
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CT now 🤡
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What's up with Mantle?

It's in the top 3 treasuries in the space with $2.5B in treasury.

Active addresses and transactions have exploded over the last 2 weeks on Mantle.

Biggest chain after Ethereum in terms of inflow in the last 30 days.
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Alpha updates. 🪓
Ethena's $USDe just flipped $DAI to become the 3rd largest stablecoin. TVL is near ALL-TIME HIGH, while $ENA is still down ~70% from its ATH.
Around $2 Billion inflow in a week in USDe, that doesn't seem normal.

What is causing this massive buying and how can it impact $ENA ?

Here are the 3 biggest catalysts that are fueling USDe & ENA


1- 10% APY on sUSDe

The highest scalable yield in crypto right now. The high APY is leading more people to use repeated lending and borrowing on top DeFi platforms.

2. Revenue Model Linked to Perpetual Funding Rates

Unlike traditional stablecoins like USDC, USDT that rely on treasury yields, Ethena earns revenue from perp funding rates.

Higher rates = Higher revenue = Bullish for $ENA.

Right now funding rates are rising.

3. Listing soon on NASDAQ

Ethena has partnered with StablecoinX, a treasury firm preparing to go public on NASDAQ under the ticker $USDE.

Recently they raised $360M,
out of which $260M will be allocated for open-market $ENA buybacks over six weeks, around 8% of the circulating supply.
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Ethereum has outperformed every narrative in the space over the last 30 days.

But what’s interesting is that Memecoins are still the top performing narrative after ETH.

Next in line, Prediction Markets and Decentralized Identifier (DIDs) gaining strong momentum.
Some projects under these narratives have already rallied 500-600%.

(First chart is ETH vs the narrative - growth in %)
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$ETH strength despite this selloff in btc is bullish 💯

https://x.com/axel_bitblaze69/status/1948783845383569542?
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$PUMP is down 60% from ATH and getting hate from everywhere, people calling it a straight up rug even after raising $600M

is it really over for it?

I went back, ran the numbers & compared it with past meme launches like $PENGU, $BONK & $HYPE

Here’s what I found. A thread:🧵👇

https://x.com/axel_bitblaze69/status/1949074281318568008
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