Hello Token Metrics Community,
We are excited to share a detailed recap of the insights and discussions from our latest Premium Webinar held on July 10, 2024. Our focus was on evaluating current market conditions, investment opportunities, and providing clear analysis of potential high-return projects.
Highlights of the Webinar:
Blockchain Insights:
- Toncoin vs. Solana: We discussed why Ton is considered superior to Solana (SOL) for fast consumer Layer 1 (L1) use cases.Ton ecosystem signifies its strong potential. Ton is a large cap to watch, boasting a significant Fully Diluted Value (FDV) of $37 billion and demonstrating resilience during market corrections.
- Natix Network and Hivemapper (Honey): Natix is seen as undervalued when compared to Honey. With its lower FDV, Natix presents an interesting trade opportunity despite the market’s current risk-off environment.
Platforms and Market Conditions:
- Coinlist and Binance: These platforms emerged as notable places to discover projects with substantial potential for high returns. Launchpads on these exchanges are highlighted for offering quality projects backed by solid fundamentals and advanced technology.
- Market Analysis: We likened the current bearish trend to the period following the last Bitcoin halving, suggesting potential for market flatness and corrections.
Potential Projects:
- BounceBit and Lista: Both are potential projects to monitor. However, skepticism remains about their capability to achieve 100x returns. BounceBit’s FDV appears overly ambitious at this stage.
Investment Opportunities:
- Mid-Cap Tokens and Meme Coins: There was a discussion on mid-cap tokens and meme coins, including Brett, and Pepe. While the speculative nature of meme coins was acknowledged, there was an emphasis on selecting investments with trading volumes exceeding $10 million.
- Parcl (PRCL): Speculative insights were provided on the potential price range for Parcl during the next bull run, estimated to fall between a $2 to $10 billion FdV.
Technical Innovations:
- Fhenix Project and Fully Homomorphic Encryption (FHE) Technology: Fhenix, leveraging fully homomorphic encryption (FHE), raised $15 million from prominent investors. FHE technology allows encrypted data to be computed without decryption, offering robust privacy and security benefits.
- Zama‘s Contribution: Zama has built an Ethereum Virtual Machine (EVM) and raised $73 million, which is related to the team behind the Secret Network and Enigma.
Specific Token Evaluations:
- Peaq, Andrena, and Spacemesh: These projects were highlighted for their high potential despite the bearish market trend.
Market Strategy and Advice:
- Market Adaptability: Continuous monitoring and adaptability are crucial in identifying market winners.
- Altcoin Dilution: Challenges of altcoin dilution, particularly with the influx of meme coins, were discussed, emphasizing the importance of thorough research.
Investment Portfolio and Real-World Assets:
- Personal Portfolio: The discussion included investments in various networks, such as Astra Dao, Helium Network, and Solana, predicting Solana to potentially outperform Ethereum in a sustained bull run.
- Real-World Assets: Consideration was given to Swarm Markets and Mantra for investment in this sector.
- Non-Custodial Methods: Discussion on connecting to liquid assets using internal DEXs and non-custodial methods within the crypto space.
Concluding Remarks:
Our analysis stresses the significance of in-depth research, especially in a market characterized by high volatility and interest in speculative assets.
We recommend keeping a close eye on the highlighted projects, staying informed about market conditions, and maintaining a strategic approach to crypto investments.
Thank you for being part of the Token Metrics community. We look forward to navigating these market waters together.
Best Regards,
The Token Metrics Team
