1️⃣ GambleFi
New projects perform well, leaders are shipping, more and more interesting developments, rev share becomes more common
Notable projects $COCO (the most promising), $DMT (poker), $WINR (be aware of emissions), $RLB (#1), $GAMBLX (degen)
2️⃣ Bots
New bots do well (at least short-term), $UNIBOT PA is still strong, if it starts outperforming again + increase of volume (which has significantly fallen recently), might see bot szn #2
Maybe BASE bridge will help to spark it
Notable projects: $UNIBOT (#1), $WAGIE (#2) +
bots that have unique or new products like $ESPR, $SAINT, $UNITY etc.
3️⃣ Shit/memecoins
New launches on ETH are doing relatively well, yet their lifespan is rather short. Either you are early, or you should ignore them
4️⃣ BASE
It was fun but painful 😆
Still see some wallets aping shit/memecoins there, but besides that there is nothing to do 👇
it will take time to build and launch good projects there, so I think that it is the same case as with Mantle and Linea 😌
I believe that sooner or later BASE will be a good chain for DeFi and normal stuff, but this is not the case atm🤪
5️⃣ Shibarium
Yes, yes, it is finally August and Shibarium launches this month, don't expect anything groundbreaking, but I have started hearing more and more about it, some tokens have already started running, so might be worth to get some allo.
Launch might be sell the news.
Unfortunately all other sectors are relatively dead even my beloved DeFi, but it doesn't mean that you should do nothing (if you don't trade current narratives), research, learn, develop, network 🤓
I think narratives like LSDfi, RWA, AI will return + new narratives like 4844
Besides it we finally have new interesting launches for LSDfi (@SenecaUSD on 7th, @parallaxfin soon, etc) and perps/DEX like @HMXorg and @Spartadex_io
So they might revive some interest towards DeFi (hope so) 🤞🏻
What narratives/plays are you looking for? What else can pop up and start the new trend?
Drop your thoughts in the comments below 👇
For today it is all, if you find this thread useful, please like and retweet it ☺️
When I hear ppl talking about Arbi > ZKSync rotation, I want to show them these charts ⬇️
Mark my words, once these 2 things happen, we will see a resurrection of Arbi eco imo 👇
✅ $ARB token pumping
✅ $ARB incentives start
Yes, the airdrop was sell the news event, but I was trying to figure out where the capital can rotate🤔
ZkSync?➡️there is almost nothing rn and it will take some time (months) to build at least some kind of an eco. Yes, I think that MATIC zkEVM launch can prop this narrative👉
...but what will you buy? Things with 70k TVL like $FRIN? or $ZZ with liq like shitcoin? $MUTE with 50M+ MC while things like THENA is at 5M MC and TVL much more than the whole ZKSync chain? 🤔
Btw, all ZK tokens are dumping, sell the news event in its beauty 🤭
Sometimes you just need to be attentive, use your logic and you'll find narratives 👀
After FTX debacle clear winners were:
1. DEXs 2. Perp trading
3...Wallets
Right now wallet tokens $TWT, $BLANK, $XDEFI are flying (the latter has just started)
Will it be sustainable? 🧐
TBH, I don't think so since these tokens have no utility (except governance, which is useless in 99.99%), knowing this, you must position yourself accordingly and consider them as short-term plays 😎
Once all more or less decent wallet tokens pump, the show will move on⏬
Then we will return back to DEXs with smart tokenomics and perp trading protocols generating #realyield 🔽
Also I can see the rise of projects that utilize and enhance DEXs or perp trading.
I know, degens, that you are shocked by recent event 😱
And I'm not an exception! But while we all are waiting for the dust to settle, it is high time to continue developing your crypto skills, that's why I've made a MEGA THREAD about FREE crypto tools I use for my research🧵🔽
Note: in this thread I am going to split tools in several categories with few options in each one, so you will be able to pick the one which is the most suitable for you 🧐
If orderbook lacks of liquidity, AMM will backstop it!
As for Perpetual trading and lending, @vertex_protocol will allow cross-margined trading: you can simultaneously use different tokens as collateral or for spot trading 💪