Welcome to the latest edition of our professional crypto newsletter. This issue will discuss various projects and market trends that could provide investment opportunities. Our team recently attended a Token Metrics webinar where we heard from industry experts about the current state of the market and upcoming projects. So Experts believe that Bitcoin has become more scarce after every Bitcoin halving, and there has been a bull run in all cryptocurrencies. The next Bitcoin halving is estimated to happen in April 2024, which leaves approximately 11 months to accumulate valuable crypto assets before the next bull run.
The market is bullish on crypto for the rest of the year but expects a super mega bull run after the next Bitcoin halving. They predict that whatever bull run happens this year will be nothing compared to what happens after the next halving. The next significant capital flow into crypto will happen after Q2 2024, when the next halving is expected.
One key takeaway from the webinar was the bearish market environment and the suggestion to focus on VC investing rather than short-term trading. Some highlighted several projects that caught their attention, including GameSwift (the focus of Polygon zkEVM) and ImmutableX, both of which have been praised for their marketing efforts. They are web3 middleware decentralized infrastructure solutions (in one solution for building web3 games).
The conversation also touched on various projects related to hardware and network infrastructure, including Helium and Airwaive. The team also discussed privacy security tokens and potential projects like BOF, Dione Protocol, Obscuro, Olavm, Gravity Group, and Kaspa, D8X.
The team also shared their thoughts on Astrobot Society, which recently decided not to buy back and burn Astrobots. They provided information on where to list Astrobots for sale and how to select from available options. The team then suggested a watchlist of potential investments (Idex, Livepeer, Cartesi, Fetch, Ocean Protocol, Kaspa, Injective, Aragon ANT) based on specific criteria on app.tokenmetrics.com, including liquidity threshold, FDV ratio, and investor grade.
Lastly, the conversation concluded with an invitation to attend the team’s upcoming event in Austin for Consensus.
As always, our team remains committed to providing valuable insights into the world of crypto. We hope you find this edition informative and helpful in your investment journey.
Thank you for reading.
Token Metrics Team