hitesh.eth Profile picture
May 1 1 tweets 1 min read Read on X
I've analyzed 18 past airdrops, and here are my findings:

◾️ @jito_sol did the most fair airdrop, with a 10% supply allocation at TGE and 5 Figs airdrops for many participants.

◾️ @JupiterExchange has allocated 40% of the supply for community incentives; they have airdropped 10% of it in the season 1 airdrop.

◾️ $TIA had the highest ROI from D1 Close among all other coins we've tracked post-airdrop.

◾️ $PARCL is the worst performer with a -60% drop from D1 Close.

◾️ Most of these projects have @binance listing from D1.

◾️ @EtherFi had the most positive post-airdrop PR in recent times.

◾️ These projects have allocated an average of 5.87% of the supply to public airdrop at TGE; you could use it as a benchmark for future token airdrops.Image

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More from @hmalviya9

May 8
Less than 1% of the Bitcoin supply is currently used in DeFi.

With the rise of Bitcoin L2s/Sidechains, this number could easily increase to 10%.

Botanix has the best potential to emerge as the market leader in Bitcoin DeFi.

My Investment Thesis on @BotanixLabs 🧵
Around 0.8% of the Bitcoin supply is on Ethereum right now, mostly issued as WBTC and under the custody of BitGo.

The WBTC supply has actually seen a massive decline over the past 18 months; it has fallen from 0.92% to 0.80%.

Some people have moved to hBTC and tBTC, but those numbers are also down.Image
You could simply conclude that people are losing interest in wrapped BTC for multiple reasons, such as: BitGo holding the custody of your assets, liquidity issues, and multiple DeFi protocol hacks in the past.

Read 20 tweets
May 7
Berachain is a mysterious project.

99% of Crypto Twitter has no clue about what they really want to build.

My unfiltered thoughts on Berachain 🧵
DeFi is facing an endless liquidity problem..

New protocols often struggle to attract liquidity, resulting in many new primitives failing and ultimately becoming a ghosted town. Image
DeFi Liquidity Problem is something very similar to the economic security problem.

Before Eigenlayer, it was super hard to bootstrap economic security for a new web3 service protocol.

Now it's easy because Eigenlayer built a coordination layer that connects ETH validators with web3 service protocols.Image
Read 19 tweets
Apr 26
How to find the next 100x memecoin using Onchain Data.

The Alpha 99.99% of people have no idea about 🧵
just pay your full attention for 3 mins, you gonna end up knowing the process to find the next 100x memecoins real quick.

LFG 🔥👇
Call me idiot or genius, it's your call, but I'm gonna share a data-driven method to find the next hot memecoin on Ethereum.

The tool I'm going to use is Etherscan... a very simple tool. Image
Read 9 tweets
Apr 11
Top 10 Crypto Narratives to Watch out for in 2024-25

My Unfiltered Thoughts 🧵
Market Trends Ahead

No Funding Rate Cut cut until June , No clarity on when the FED will resume funding cut again.

"Futures traders have reduced bets on how much the Federal Reserve will cut rates this year to the lowest level since October" - @Reuters

.. and that's concerning.Image
Presidential debates will start in September; we could expect Bitcoin to go sideways during the whole period until the election in November.
Read 24 tweets
Apr 9
We built Alpha Screener, which can help you find the right alpha within 10 minutes.

Its trending on DUNE right now.

A Step by Step Guide 🧵 Image
Alpha Screener is launched by @dyorcryptoapp, an on-chain data analytics platform that is building data dashboards and models for the next generation of crypto investors.

The platform is currently in the invite-only stage. Here is the referral code you could use: FfihWVRCpe. Image
Alpha Screener What?

Alpha Screener helps you navigate the best crypto narratives on different time frames.

Once you figure out the top-performing narratives, you can dig deeper into the list of coins indexed within the narrative.
Read 14 tweets
Mar 29
In the bull cycle, you'll always find some laggards.

Once these laggards find the right catalyst, along with narrative alignment, they will blow up.

Let me share a methodology to identify those laggards that are ready to blow up 🧵
In a bull market, not every coin will go up all at once.

They take their own time, they need the right narrative alignment, and they require the right catalyst to trigger the crazy price action.
Some of these coins, which take their own time, are called laggards.

Spotting them is easy, but filtering the right one is tough.

You need to know the Onchain ratios for that.
Read 18 tweets

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