Dear Token Metrics Community,
We are excited to bring you the highlights from our recent Premium Webinar. Your continued support and active participation are greatly appreciated.
We unveiled a new AI chatbot for our VIP and Premium users in the webinar. Currently, the chatbot is powered by Token Metrics data. However, we’re thrilled to announce plans to incorporate external data sources soon, enabling us to tap into crypto-related information, including white papers, blog posts, GitHub documentation, Twitter feeds, and news. We invite you to test the chatbot feature and share your feedback.
During our market update, we noted that the overall crypto market has recently stagnated. However, about 63% of tokens remain bullish, although there has been a recent shift back to bearish sentiment.
We delved into specific projects in the market, identifying Compound and Liquity as potential long-term investments due to positive signals and trading grades from investors. AlchemyX and Liquity were spotlighted as sleeper picks for future cycles thanks to their innovative loan-borrowing features using Ethereum collateral.
We briefly discussed the ratings for various projects, with Casper standing out as a top performer, boasting a 187% increase in value since its addition to our portfolio.
We also examined significantly changing trader-grade cryptocurrencies, including NEM and Axie Infinity. We analyzed the market caps, trading volumes, and liquidity of tokens like Polygon and Pocket Network, suggesting that Polygon might be a good investment due to its lower token supply than other L2 solutions like Optimism and Arbitrum.
We highlighted projects like Aztec and StarkNet as potential opportunities for alpha and discussed Pocket Network’s fundamentals and potential as a high-risk investment option with solid code but limited liquidity on exchanges.
We shared updates on Astra Dao, which is gearing up to launch on Arbitrum. We also discussed about Pendle, a project that has performed well this cycle. We introduced Unibot and DMT as new high-risk projects, recommending further research to determine their potential.
We value your active participation and look forward to your continued engagement in our future webinars.
Best Regards,
Token Metrics Team
