This Week's Alpha - Catalysts for the month, LSD Narrative, AI Narrative, And More
Your Alphas curated to save you time
GM frens.
Did you follow the LSD Narrative? Did you catch up on AI Narrative?
How is it playing out? Let’s see this now.
Find your alpha! 👇
Let's see first how the LSD Narrative is playing out.
TheDeFISaint is comparing the performances of the different LSD protocols.
Your alpha here is $SD & $RPL mainly. DYOR
Rocket_Pool share of deposits to the Beacon Chain is growing.
Stats provided by Jasper_ETH
ThorHartvigsen believes LSD narrative will see a local top before the Shanghai upgrade.
Instead of buying the top of this narrative he advises to identify upcoming trends.
Here are a few of them according to him.
One of them, which many of us are thinking about, is the AI Narrative.
And it makes sense that if many of us believe it will be a narrative in the future, it becomes one.
CryptoGirlNova picked 5 promising AI projects.
Here is the top 10 of the biggest narratives for 2023 according to korpi87.
They may not all take off this year but this is definitely a solid list for the long term.
And to complete it, a list of sectors poised for growth in 2023, gathered by TheDeFinvestor
Now let's see Data & Events in the last few days and what it allows us to predict.
TheDeFinvestor gathered a few events from last week.
A few alphas to grasp there, like the short-term end of the uptrend for $GNS since the arrival of gTrade on Arbitrum was the catalyst.
$BSC is hemorrhaging users while $MATIC surges ahead; a data provided by Flowslikeosmo
The BSC retained users because it was a cheap chain, by Binance, with a lot of "casual" users, and supported by top MC shitcoins.
It seems that now Polygon may become the "mainstream chain"
$ETH being deflationary on a Sunday in a bear market, data provided by BenGiove
I do believe that with the Merge which went smoothly, $ETH deflation, the L2s scaling Ethereum, and all the dApps and new DeFi protocols being built on it, Ethereum is severly under valued.
Arbitrum & Optimism following each other closely, catching up on Polygon in Daily Active Addresses.
Data provided by Flowslikeosmo
While Polygon was here and popular during the previous bull market, we still haven't seen upside potential for Arbitrum & Optimism in a bullmarket
$26M of stablecoins bridged to $CANTO yesterday, data provided by Dynamo_Patrick
Is something happening in $CANTO, something to keep an eye on?
If you don't know what CantoPublic is: https://docs.canto.io/
The number of Ethereum NFT Trades is rising to August 2022 levels.
Data provided by hildobby_
Might be mostly wash trading, and a lot of other data is to take into account. Still we're seeing more activity in general lately.
To keep an eye on for a potential NFT rally.
Let's see Catalysts for the Real Yield Narrative, provided by RiddlerDeFi
I'm keeping an eye on vela_exchange and expect more upside potential before the public beta.
CamelotDEX is gaining strong partners and is building towards being the main native DEX on Arbitrum.
A few projects to keep an eye on in 2023,
First we have unlaunched L2s, massive alpha provided by 1_Point_618
A lot of opportunities to be early.
Projects in DeFi & NFTfi to keep an eye on, by DegenSensei
I have my eyes on all of them but nftperp seems interesting to innovate NFTfi, landxfinance for real world assets, GammaSwapLabs to solve impermanent loss issue, & redactedcartel for the upcoming stablecoin.
Let's end this edition on a quick alpha of noteworthy teams or CEOs and the product they're building.
Provided by wauwda
Investing in projects lead by CEOs or teams that succeeded before can be a good starting point. It's not giving any guarantee though.
That’s it for today frens!
Thank you for sticking around, your future self will thank you.
Don’t forget to follow the people who wrote these threads. They are big brains sharing their knowledge. You can also follow me on Twitter @CryptoShiro_.
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