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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Token buybacks are the new meta this cycle. Pay attention to the projects announcing it..

But only the ones which are actually backed by real revenue + moat. Most are noise!

I’ve filtered it down for you. 5 buyback meta tokens worth keeping on your radar.

Shared a thread below: 👇

( LIKE & RT ) ♥️

https://x.com/axel_bitblaze69/status/1957130122227548311?s
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Eigen hit ATHs in:

- TVL
- Token Holders

but reached an ATL in :

- USD Inflows
- Daily Active address

The protocol still have $566.19 Million in staked value that is 131.35% of mcap.( up from the bottom of $277m). For price to revisit ATH, growth must come from new users + higher onchain activity, not just TVL stacking.
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Ethereum’s leveraged short positions hit a record high.

- If ETH moves $400 up, total liquidations will be around $4.5B.

- If it goes down $400, total liquidations will be around $1B.

- If ETH hits ATH this week, total liquidations will be around $10B.

The squeeze setup is loaded… question is: which side gets rekt first?
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Aptos has flipped solana in RWA value despite Solana pushes utility with onchain tokenized stocks through xStocks.
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Bro raised $216M just to end up making $45 a day.

And the biggest victim? Heritage Distilling. On Aug 11, Jason Zhao offloaded $82M OTC, and by Aug 16, he quietly stepped down from the board.

FYI – this was Heritage Distilling’s first and only Web3 bet 😭
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Pumpfun is facing FUD for never officially announcing a buyback. Instead, they just did random buybacks to generate hype.

And honestly, that’s somewhat true. Even on their own tracking site, Pumpfun mentions: “we may modify or discontinue buyback at any time.”

So far, Pumpfun has spent $45M on buybacks. IMO, they won’t stop anytime soon because if they do, FUD will skyrocket. Whatever little narrative building we saw won’t come back again. Thoughts?
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Stablecoin adoption on Aptos is growing fast.

Onchain transfer volume hit an ATH,  up nearly 9x this year.
From $6.4B to $58.6B.
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Kanye West Just Launched His Memecoin $YZY!

Currently at $2B MC
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Big for linea

MetaMask announced mUSD, its native stablecoin launch later this year on Ethereum and Linea, where it is positioned to play a foundational role in the Linea ecosystem.
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Yesterday BTC ETF saw a net outflow of -$194M.

while, ETH ETF saw a net inflow of $287M.

Net flows say smart money’s betting on Layer-1 narrative. Watch the Wall Street rotating from BTC into ETH right now.
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Markets on edge today

Fed Chair Powell speaks at 2 PM UTC.

Meanwhile, rate cut probabilities have dropped from 99% to 69%.
If he leans dovish → PUMP
If he turns hawkish → DUMP
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