Gm, Muurings!

We’re 5 days away from Dencun, so I dropped a thread covering its effects so you clearly know what to expect.

Enjoy!

Quick overview of the Data Availability landscape ↓

• NEAR Protocol, $NEAR – NEAR DA, $6B market cap
• Celestia, $TIA – $3B market cap
• Eigenlayer, $EIGEN [to be launched] – exp. $8B+ market cap
• Avail, [token not announced] – exp. $2B+ market cap
• Covalen, $CQT – $250M market cap
• Syscoin, $SYS – $220M market cap
• Crust Network, $CRU – $55M market cap

The 1,000x culture in CT is pure junk that only ends in frustration.

Classic thing: Your timeline bombards you with promises of 10x – 100x gains, a shortcut to riches just a click away.

You ape – and what's next?
Somewhat like x2 – x3 if luck and skills are on your side.

You won, but the underdog feeling lingers. They claim x100, you cashed out at x2. A loser you are.

Next time, you'll act smarter: You'll wait.

And most likely, you'll end up with a real loss.

Bloggers often underestimate the hidden cost of engagement farming.

Threads like these reach wider, touch more hearts, and sow the seeds of greed, only to reap fear later.

I'm not shy about it.
In my 8 years in web3, I've never hit 100x trades.

Only a few have yielded 10x, and even that comes at a price.

Sniping - a killer strategy, right?

You check DexScreener. A trader drops $300, walks away with $15,000. Ez money?

Here's the catch: Snipers bribe their way in with a few $ETH to be first in line for a meme. The real profit? Nowhere near 50x.

Memecoin flippers?
No one boasts their AVERAGE returns per month.

Narrative riders?
Not all coins in a portfolio grow. So even in a bull market, the average yield for people who formed their bags 6 months ago is close to x3. Not x100.

You're not an underdog if you cash out at 2x.
You don't have paper hands.
You're just a realist, and you're doing great.

F*ck 1,000x, and f*ck engagement farming.
It's destructive for the world we're building here.

ICYMI: After hitting a new ATH, Bitcoin has surpassed silver to become the 8th most valuable asset in the world.

To claim the top spot from gold, $BTC would need to increase its value tenfold.

Found an interesting AI protocol optimized for Solidity coding.

Really a helpful thing for devs, might become one of the leading protocols riding the AI narrative.

Quick overview here.

Dencun will make L2s cheaper.
Alternative DA layers will make them almost free.

Arbitrum pays $16Mn using Ethereum as a data layer.
Celestia? $2,000.
NEAR? Only $87.

Notice the difference.

New research is coming your way ⚡️

General
➖ CoinShares: Digital Asset Bi-Weekly Digest
➖ CoinGecko: 15 Countries Leading AI Crypto Narrative in 2024
➖ CoinMarketCap: Celebrating Crypto Leaders of the Year: A Deep Dive Into the Visionaries of the Blockchain
➖ CoinMarketCap: What Is Aevo? The Derivatives L2 Chain
➖ Coinbase: Crypto's AI Mirage
➖ Galaxy: Top Stories of the Week - 3/8
➖ Galaxy: Ethereum All Core Developers Consensus Call #129 Writeup

Market
➖ CoinGecko: Crypto Market Sets 4-Month Record Without ‘Fear’ Sentiment
➖ Coinbase: Weekly: Bitcoin's Big Rally
➖ Coinbase: Monthly Outlook: Bitcoin Halvings – Supply, Demand and Statistics
➖ Binance: Monthly Market Insights - March 2024
➖ Glassnode: Finance Bridge: Bitcoin's New All-Time High
➖ Glassnode: Bitcoin Breaks to New Highs
➖ Galaxy: Bitcoin and Gold New All Time Highs

Blockchains & networks
➖ 4pillars: Sui: Why Do We Need Another Layer 1?
➖ 4pillars: [Astar Series] #1: The Past, Present, and Future of Astar Network
➖ ConsenSys: What the Dencun Fork Means for Ethereum Scalability
➖ Galaxy: Learnings from ETHDenver 2024: Ethereum Embraces a Multichain Future

Tokens & currencies
➖ Binance: ether.fi (ETHFI)

With the price of $BTC above its ATH and $ETH approaching it, Google searches for "Bitcoin" and "Ethereum" are not even half the amount compared to November 2021.

Retail investors are still on the sidelines. Keep calm, we're heading towards higher levels.

Just dropped a detailed product report covering Limitless, a protocol that offers LP staking as an alternative to classic DeFi flywheels.

Quite innovative imo, have a look!

Are you using Etherscan?
Most likely, you’re only leveraging 15% of its potential.

Here’s my guide to Etherscan’s hidden features that will be super helpful in your grind.

I know it’s kida mainstream, but I created this for one of the threads I’m cooking and can’t resist sharing, especially in such a red day <3

For LRT farmers and Pendle users: Thetanuts has revealed their new LRTfi product built on top of Pendle’s PT-eETH (somewhat like a yield optimizer).

Here’s a quick overview!

Quick Saturday fact: Over the last 30 days, a portfolio of tokens from the top 15 in the AI category by market cap has yielded an average return of 280%.

For everyone trying to maximize their EigenLayer Points through LSTs: PrimeStaked will launch a Bonus week on Monday allowing you to increase your Eigenlayer points by x4.20 without using leverage.

Details here.

The comprehensive Blast DeFi ecosystem map

+ Bonus: The list of 150 dApps and services built on Blast.

$265,770,000 were liquidated in the past 24 hours, among that, $134,11,000 were longs and $131,660,000 shorts.

$BTC is undecisive right now, so while it ranges around it might give opportunities for alts to pump, that would certainly be the ideal scenario.

Q2 2024 is expected to be eventful.

Here’s my breakdown of the most important events and released scheduled for Q2 2024.