Alpha
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WHITE HOUSE AND NEGOTIATORS FOR HOUSE REPUBLICANS HAVE REACHED AN AGREEMENT IN PRINCIPLE TO AVERT A DEBT DEFAULT-SOURCE FAMILIAR WITH THE SITUATION
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$BTC ~ $27,000; 1.21% after news of a debt limit agreement..
Upcoming week with a few important events:
Project Events:
Optimism Token Unlocks on May, 31.
Optimism Mainnet Upgrade: Upgrading to the new Bedrock version on June, 06.
Humans ai Mainnet Release on June 1.
Economic events:
Initial Jobless Claims (United States, May 22, w/e, June 1).
Non-Farm Payrolls (United States, May, June 2).
Other notable updates:
Debt limit voting set for Wednesday next week.
The Hong Kong Application for the virtual asset trading platform's operating license begins from June 1.
Apple's rumored AR headset reveal on June 5.
Project Events:
Optimism Token Unlocks on May, 31.
Optimism Mainnet Upgrade: Upgrading to the new Bedrock version on June, 06.
Humans ai Mainnet Release on June 1.
Economic events:
Initial Jobless Claims (United States, May 22, w/e, June 1).
Non-Farm Payrolls (United States, May, June 2).
Other notable updates:
Debt limit voting set for Wednesday next week.
The Hong Kong Application for the virtual asset trading platform's operating license begins from June 1.
Apple's rumored AR headset reveal on June 5.
"inverse sell the news" <> (debt ceiling news)
But since the final vote is pending for Wednesday this week,
Sell the news happens when it's unexpected *FOMO kicking back inn*
But since the final vote is pending for Wednesday this week,
Sell the news happens when it's unexpected *FOMO kicking back inn*
Alpha
Only area to consider ~ $26000 / Logout
(recalling)
The market reversed three times from 26,000.
The market reversed three times from 26,000.
Alpha
image_2023-05-15_23-55-47.png
You had a chance to bid $1...
$EDU now $1.37 ~ 31%
$ARB now $1.28 ~ 18%
$SUI now $1.08 ~ 14%
$BTC ~ $28300
$EDU now $1.37 ~ 31%
$ARB now $1.28 ~ 18%
$SUI now $1.08 ~ 14%
$BTC ~ $28300
Upcoming Major Unlocks This Week:
Galxe ($GAL): On May 30th at 20:00, 0.587 million tokens will be unlocked, with an approximate value of $840,000. These tokens account for 0.293% of the total supply.
Optimism ($OP): On May 31st at 8:00, 154.619 million OP tokens will be unlocked, valued at approximately $255 million. This represents 3.6% of the total supply.
Hedera ($HBAR): On June 1st at 8:00, 1,273.353 million HBAR tokens will be unlocked, worth approximately $68.38 million. These tokens account for 2.547% of the total supply.
Acala ($ACA): On June 1st at 15:00, 27.433 million ACA tokens will be unlocked, valued at approximately $1.29 million. This represents 2.743% of the total supply.
1inch ($1INCH): On June 2nd at 8:00, 249.808 million 1INCH tokens will be unlocked, worth around $101 million. These tokens account for 16.654% of the total supply.
Nym ($NYM): On June 2nd at 8:00, 25 million NYM tokens will be unlocked, valued at approximately $4.93 million. This represents 2.5% of the total supply.
Sui ($SUI): On June 3rd at 8:00, 61.083 million SUI tokens will be unlocked, worth around $64.93 million. These tokens account for 0.611% of the total supply.
Galxe ($GAL): On May 30th at 20:00, 0.587 million tokens will be unlocked, with an approximate value of $840,000. These tokens account for 0.293% of the total supply.
Optimism ($OP): On May 31st at 8:00, 154.619 million OP tokens will be unlocked, valued at approximately $255 million. This represents 3.6% of the total supply.
Hedera ($HBAR): On June 1st at 8:00, 1,273.353 million HBAR tokens will be unlocked, worth approximately $68.38 million. These tokens account for 2.547% of the total supply.
Acala ($ACA): On June 1st at 15:00, 27.433 million ACA tokens will be unlocked, valued at approximately $1.29 million. This represents 2.743% of the total supply.
1inch ($1INCH): On June 2nd at 8:00, 249.808 million 1INCH tokens will be unlocked, worth around $101 million. These tokens account for 16.654% of the total supply.
Nym ($NYM): On June 2nd at 8:00, 25 million NYM tokens will be unlocked, valued at approximately $4.93 million. This represents 2.5% of the total supply.
Sui ($SUI): On June 3rd at 8:00, 61.083 million SUI tokens will be unlocked, worth around $64.93 million. These tokens account for 0.611% of the total supply.
Alpha
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$APE down 33%, still think it can go below $3 soon!
A proposal has recently emerged on Optimism.
This proposal aims to set the inflation rate from 2% to 0% from April 2023 to May 2023 due to a significant supply unlock scheduled for the Partner Fund, Seed Fund, and Unallocated categories of the original token distribution
No additional tokens will be minted during that specified period.
This proposal is based that the current 2% inflation rate unnecessary.
If the proposal is approved, there will be no minting of additional tokens. Conversely, if it is not approved, 3% of the total supply will be minted. (UNLOCKS)
The Fear!
This proposal aims to set the inflation rate from 2% to 0% from April 2023 to May 2023 due to a significant supply unlock scheduled for the Partner Fund, Seed Fund, and Unallocated categories of the original token distribution
No additional tokens will be minted during that specified period.
This proposal is based that the current 2% inflation rate unnecessary.
If the proposal is approved, there will be no minting of additional tokens. Conversely, if it is not approved, 3% of the total supply will be minted. (UNLOCKS)
The Fear!
Update; going forward:
The channel is going to be more focused on exploring different protocols, (Unlocks, macro, on-chain or narrative trend, deals, in depth view) with a daily curated recap at a specific time (to be determined via a poll).
There will be a weekly in-depth newsletter featuring research on trends and narratives, along with a perfect and unique wrap-up. (free ofc) , V imp updates in channel only!
And I appreciate the support of the valuable People who enjoy the content and benefit from it and supporting the Cause. The purpose of the channel has always been to create change and make a difference!
The channel is going to be more focused on exploring different protocols, (Unlocks, macro, on-chain or narrative trend, deals, in depth view) with a daily curated recap at a specific time (to be determined via a poll).
There will be a weekly in-depth newsletter featuring research on trends and narratives, along with a perfect and unique wrap-up. (free ofc) , V imp updates in channel only!
And I appreciate the support of the valuable People who enjoy the content and benefit from it and supporting the Cause. The purpose of the channel has always been to create change and make a difference!
Suggested platform for content/research:
Anonymous Poll
36%
Substack
58%
Twitter (Twitter has become a new platform for newsletters.)
5%
beehiiv