Week Ahead 06/12 | 2024
Token Unlocks > % Cir supply next week:
$EUL: 0.36% ($394.71k) - May 11
$AEVO: 757.94% ($1.23B) - May 10
$DYDX: 0.71% ($4.82M) - May 16
$APT: 2.64% ($105.18M) - May 18
Nothing in crypto projects tracking & macro...
BTC ETF net flows start to gain positive traction, and GBTC sees inflow for the first time; still need to see fresh inflow.
Please read the last few posts; those are the sectors going to run whenever the market starts moving still in good range/dips : narratives AI + Memes + Meta & Tech. Justin Sun has been buying millions worth of ETH and sWETH as well; he's preparing bags for an ETH ETF anytime in Q4/Q2 2025... Hedge funds have been shorting JPY and longing EUR; Buffett's cash piles are hitting record ATHs.
Token Unlocks > % Cir supply next week:
$EUL: 0.36% ($394.71k) - May 11
$AEVO: 757.94% ($1.23B) - May 10
$DYDX: 0.71% ($4.82M) - May 16
$APT: 2.64% ($105.18M) - May 18
Nothing in crypto projects tracking & macro...
BTC ETF net flows start to gain positive traction, and GBTC sees inflow for the first time; still need to see fresh inflow.
Please read the last few posts; those are the sectors going to run whenever the market starts moving still in good range/dips : narratives AI + Memes + Meta & Tech. Justin Sun has been buying millions worth of ETH and sWETH as well; he's preparing bags for an ETH ETF anytime in Q4/Q2 2025... Hedge funds have been shorting JPY and longing EUR; Buffett's cash piles are hitting record ATHs.
The gaming sector might came in for a short-term summer thesis run to earn, Shoes to run like $Stepn, $SAND gaming, and others.
$SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with AI, already employing trained AI bots and technology. Partnerships within these tokens might further hype the prices.
$SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with AI, already employing trained AI bots and technology. Partnerships within these tokens might further hype the prices.
Alpha
The gaming sector might came in for a short-term summer thesis run to earn, Shoes to run like $Stepn, $SAND gaming, and others. $SAND had a short-term run during the same months last year, including $GALA, $AXS, etc. However, gaming is somehow linked with…
Animoca Brands related address received 4.5M $SAND ($2.05M) from Cobo Custody.
Many compare MC (Market Cap) to its FDV (Fully Diluted Value) to evaluate a token's true value. But is it actually relevant?
Last run in 2021, gaming Web3.0 DeFi coins were top performers with $$ billions in FDV.
These have since retraced down to $1 billion and the tokens have lost 90% of their price value. Who dumped that $1 billion in market cap causing 99% drawdowns? Most of these tokens, with high inflationary tokenomics or VC's dumped their bags.
Last run in 2021, gaming Web3.0 DeFi coins were top performers with $$ billions in FDV.
These have since retraced down to $1 billion and the tokens have lost 90% of their price value. Who dumped that $1 billion in market cap causing 99% drawdowns? Most of these tokens, with high inflationary tokenomics or VC's dumped their bags.
But a higher FDV does not always mean higher drawdowns, especially during a bull market. In fact, you might miss the run just by looking at the FDV.
Celestia $TIA topped $20 with an FDV of $20 billion versus a market cap of only $3 billion, which is 7x the market cap. Starknet has not started its run yet but has $14 billion in FDV (it was $25 billion during the launch) and $1 billion in market cap.
Celestia $TIA topped $20 with an FDV of $20 billion versus a market cap of only $3 billion, which is 7x the market cap. Starknet has not started its run yet but has $14 billion in FDV (it was $25 billion during the launch) and $1 billion in market cap.
The FDV metric will tell you about the "sell pressure from investor and team vesting." The more vesting holders are in profit, the higher the possibility that they might take profit because the bag is getting heavy.
Since the data regarding circulation and vesting is very limited, and many projects don't even want to share it as insiders pump it, the best bet is to track their vesting plans and front-run them.
Since the data regarding circulation and vesting is very limited, and many projects don't even want to share it as insiders pump it, the best bet is to track their vesting plans and front-run them.