This Week's Alpha - Macro predictions for 2023, LSD Narrative, NFT Lending, Early Stage Projects, And More
Your Alphas curated to save you time
GM frens.
A lot of alphas today. Some that are really not to be faded!
You will find:
Macro Predictions for 2023
An NFT Lending project
LSD Narrative & events for these projects
AI Narrative & interesting projects
Early Stage Projects that raised money
Bitcoin Data
Arbitrum Innovative Projects
And much more.
Find your alpha! 👇
1/ Predictions
We're coming to an end for the "predictions for 2023" season.
Yet, here are a few of them you should really not fade.
Let's start with Macro.
7 Macro Themes for 2023, provided by tedtalksmacro
I shared rektdiomedes' predictions for 2023 already, but if you missed it, here they are.
A lot of Macro predictions too in there.
And a belief for the flippening in 2023.
Here we have alpha_pls' crypto ideas for 2023
And he doesn't think the flippening will happen this year.
I liked that he featured TheTreeverse, one of the most legit and genuine team in GameFi. They have been doing nothing but building for the past year.
And we end these 2023 predictions with NFT predictions
I've shared these already but this is great content so I'm making sure you did not miss it.
Even if you are not into NFTs it's still a good idea to stay up to date.
A thread by 0xPrismatic
2/ Narratives
Talking about NFTs
I see NFT Lending as a long term narrative and I don't think we will see dozens of projects appearing and capitalizing on it as we're seeing with AI.
And JPEGd_69 is on its way to lead NFT Lending.
A thread by CryptoKaduna
We've seen a significant growth for the LSD narrative
If you're still feeling left out, here is a summary on the topic written by ViktorDefi
I found my alpha with stakewise_io: Low Mcap, use of $SWISE for insurance.
DYOR
In this LSD narrative, fraxfinance also sparked my interest
It is way more than a Liquid Staking Protocol, it's actually pretty new in this narrative. Learn more about Frax.
noblemillions has a few reasons to find Frax interesting too
When it comes to narrative trading & analysis
0xkyle__ is your man.
Find here his first Weekly Narrative Coverage.
And if you missed it
here is his guide on how to conduct narrative trading.
Learn how to enter a thread, how to think while in a trade, and how to take profits.
3/ AI Narrative
I believe we can expect some AI low caps to pump
As long as $FET/$AGIX are pumping, and ChatGPT is still being discussed & popular,
Here are a few of them introduced by CryptoHub210
One of them is $AIRI aiRight_io
It seems to react pretty good to AI pumps, and is made by Orai Team. NFA
Here is an overview written by midoji7
And some interesting thoughts on $AIRI price action by resdegen
4/ Events
Let's see what happened in DeFi this week
as always provided by TheDeFinvestor
Avalanche's partnership with AWS triggered a well needed renewed interest for AVAX.
$SD has already done 3X since the start of the year, but still is a low cap and ETHx is bullish
What is coming this month?
karl_0x provides us with monthly alphas on upcoming Events & Narratives.
Everything here is highly interesting and not to fade.
I'm curious to see if Bedrock upgrade will propel Optimism as the main L2. Still in Testnet though.
ve(3,3) DEXes are picking up pace
Info provided by Slappjakke
$VELO is growing along with Optimism. Still a good play to me.
3xcalibur, after a massive downtrend, is finally racing again with the other DEXes of Arbitrum, like CamelotDEX.
The $VELA token will launch on Camelot in the coming week
vela_exchange is one of the most anticipated perpetual protocols in the space
CamelotDEX aims to become the native Arbitrum DEX and is more and more popular.
This is a bullish partnership for both of these projects!
FraxFinance going multichain
Info provided by chonkypandu
Votes are closed and approved.
Gigaswap is preparing launch for V2
Info provided by LFGINARI
If you want to learn more about GigaSwap, an OTC Exchange, you have this thread by thelearningpill.
5/ Stats, Data & Numbers
GMX fees have gone through the roof lately
Stats provided by Govanisher
GMX is a strong asset for 2023 with a good MCap growth potential.
For more stats on GMX here is a great Dune Dashboard.
by JamesCliffyz
Average Daily Transactions over the last month
provided by NarbTrading
We can see Optimism & Arbitrum are still really far from Polygon.
They have room to grow.
Curious to see what will happen when Arbitrum's token releases.
$1.2B of $ETH are being burnt yearly
mhonkasalo believes that if you did not sell $ETH until now, there is no reason to sell now. (Excluding Macro reasons?)
Meaning we might have found the bottom at the latest dip.
Another great Dune Dashboard
this time provided by hildobby_
Find every on-chain data you need on Bitcoin.
$2.4M in TVL less than 24 hours after stETH SSOVs being live on dopex_io
LidoFinance & $stETH are available on more and more protocols.
dopex_io is being increasingly used and attracts more liquidity.
Great Yields on traderjoe_xyz
Yields are lower now but still around 100% APR.
6/ Projects
Every month DefiIgnas tells us about Early Stage Projects that raised money.
You can hardly be more early. Learn about future gems before the crowd.
A Megathread on the most innovative projects coming to Arbitrum
provided by TheDeFinvestor
I learnt about a few projects thanks to him, and oh my, great things are coming for Arbitrum.
Early stage projects
shared by toffee248
You should know that already one of them in the list rugged, SugarSwap. So be very careful with these new projects.
Bullish points for CamelotDEX
provided by SirBootsOfIron (founder of Camelot)
$GRAIL looking pretty bullish to me.
Thesis on why the Smol Brains NFT collection would grow
It is among the biggest NFT collections on Arbitrum, so seems fair to me that it will grow along Arbitrum's growth.
Some projects have enough funding to survive through tough times
Projects launched in a bear market, or project backed by huge companies outside of crypto may be signs of enough funding.
A point made by CryptoGirlNova
I personally like $MLT for long term.
BONUS
You probably heard about Logan Paul's project Cryptozoo, that would allegedly be a scam.
Well here is Degen_Zoo, a project made in 30 days with a low budget that aims to be a Cryptozoo like, but better, and to give profits to charity.
Info provided by ibcig
This project is made by czdaomaker, founder of DAOMaker.
You can follow the daily development through videos and explanations.
You can join the Telegram group to try to earn $DZOO tokens or participate on DAOMaker.
18 tweets & resources to turn into a pro and find alphas.
A thread by crypto_linn
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_.
If you liked this edition and love to learn and share knowledge about crypto, you can share this post with your crypto frens!