Dear Crypto Enthusiasts,
Welcome to this week’s digest of the crypto universe, where we aim to provide you with a detailed update on our recent Premium webinar with a deep dive into the market’s performance and its most intriguing sectors.
Bullish Days Ahead
The crypto market is in an upward swing, with Bitcoin’s bullish trend catching our eye. With gains expected to spill over to altcoins, it’s a time of great anticipation. And as always, we’re keeping a close eye on various sectors—entertainment, gaming, metaverse, derivatives, infrastructure, and exchange tokens—which are making strides.
Chainlink stands out with its cross-chain capabilities. As we dug deeper, its potential as a large-cap play became evident. We’ve earmarked it for further exploration in our upcoming analyses due to its upside.
The Rise of Status
Another mention goes to Status, the crypto messaging platform. It is a strong buy with 82% TM Trader grade. While the reasons behind its current positive trajectory remain unclear, our team is committed to unveiling the story behind its ascent. They are on F-Droid, which is the open source marketplace for developers to test products.
Spotlight on Potential Projects
We reviewed Galxe and Fasttoken for current market potential. Theta, a project once known for its impressive tokenomics, hasn’t been catching the limelight recently. However, its underlying strength warrants a closer look, given its deep roots in the web3 blockchain infrastructure for video, media, and entertainment. We also reviewed Airtor Protocol and Canto. Canto moved from Cosmos to ZKVM.
NFT Projects to Watch
NFTs continue to make waves, and two projects caught our attention. First, Nouns DAO, an innovative project focusing on self-sufficient noun generation, intrigues with its daily NFT sales. Meanwhile, Botto, another AI-driven NFT endeavor, places community voting at its heart, with AI crafting artwork based on community input. Economics is good, and the comb combination of cart plus users plus AI is pretty good.
The Cross-Chain Conversation
The debate around cross-chain trading, decentralized exchanges, KYC requirements, and different blockchain protocols remains evergreen. We found ZK roll-ups particularly fascinating, with projects like Arbitrum, and Obscuro showcasing potential investment avenues.
On the Radar
Our continuous search for the next potential breakthrough led us to audio-related projects, small-scale startups, and new tokens awaiting a bull run. With potential 100x returns in view, we’ll delve deeper into these opportunities in subsequent newsletters.
Character GPTV2 of Alethea AI and Botto made headlines for their decentralized governance. Though content moderation seems challenging, these platforms continuously evolve, with developments in utility phases and reputation staking via iNFTs.
In Conclusion, the crypto realm is vast, dynamic, and ceaselessly captivating. We are committed to being your beacon through its intricate corridors, ensuring you stay informed and ahead. Till our next update, wait, curious and invested!
Token Metrics Team
Disclaimer: This newsletter is purely informative and doesn’t constitute financial advice or endorsement of any crypto asset or project.