A decade Run snapshot.

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.

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.

Animoca Brands related address received 4.5M $SAND ($2.05M) from Cobo Custody.

Swell Deposits Exceed $900m, 45% of them are from Justin Sun; And hes getting liquid tokens, sETH very decentralized.

Grayscale ETF's +

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.

Top ranked runners 2021.

What happened with those coins having billions in FDV after the bull market ended, sitting at -99% drawdowns, losing all their returns since inception?

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.

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.

$AXS

Profits Peak, bag drops

Upcoming tokens with > than 2% FDV and higher 7Day/emissions.

Binance investigators found that DWF manipulated the price of YGG and at least six other tokens and conducted more than $300 million in wash trading in 2023. DWF sold nearly 5 million tokens in two batches near the peak. they missed $TRB?

Binance stated that the false transactions discovered by the monitoring team were proprietary transactions and did not constitute manipulation. Binance also believed that the head of the monitoring team cooperated too closely with DWF's competitors on the case, which created fraud.