Dear Crypto Enthusiasts,
This week’s webinar was bursting with updates, deep dives, and insights to keep you on the cutting edge of the crypto space. As always, we aim to provide valuable insights without any promotional intent. Here’s our latest update:
Market Sentiments: As of our last webinar, we observed a bearish trend in the crypto market, with minimal movements. Bitcoin and Ethereum have shown relatively stable prices, while there’s been notable activity in various venture projects.
Market Movers & Ratings: Among the potential trades worth observing are Coin 98, Golem, Lido Staked SOL, Gitcoin, Celo, Marlin, DigiByte, Solana, and Alpaca.
Joystream Analysis: Joystream has been on our radar due to its promise to build decentralized applications like YouTube. The project’s attractive valuation (under $10 million FDV) and strong fundamentals (77% fundamentals score and 85% code review score) present potential high returns. If you’re based in the US and considering Joystream tokens, OTC desks like Amber group and Flowdesk might be your best bet.
Hidden Gems: In our continued exploration of underrated projects, we’ve examined Rollbit, Parcl, Octaspace, Espresso, and Dyor. Rollbit‘s buy-and-burn feature stands out alongside its impressive revenue generation. Our discussions with industry peers have shown bullish sentiments on Joystream and Parcl, a crypto-based real estate trading app. Espresso is another promising project aiming to revolutionize the sequencing layer in blockchain networks, although its token issuance remains to be determined.
Render’s Promise: Our analysis suggests that “Render” could break into the top 20 or even the top 30 market cap. As always, tokenomics plays a vital role, and we advise caution with projects showcasing unfavorable tokenomics or VC ponzonomics. We also looked at projects like Siren, Alchemist, Liquidy, Chia, Kaspa, and Rollbit. Alchemist and Liquidity shine with their on-chain data and token economics, while Chia impresses technically but has questionable tokenomics.
The Journey Ahead: Investing in the crypto realm is akin to a moon landing – filled with uncertainties, challenges, and immense opportunities. We at Crypto Insights Weekly strive to provide a calculated perspective to navigate this dynamic landscape. Stay tuned for more updates, insights, and deep dives in the coming weeks.
Wishing you a successful week in crypto,
The Crypto Insights Team.