1/21 2024 - 2025 Narratives

Narratives drive crypto. Before entering a long-term trade I consider whether favorable narratives will sooner or later pump my bags – consistently picking the right narrative/sector can be important than occasionally picking the leading project. 2/21 Read on for a summary of the narratives I’m playing over these next 12-24 months.

TLDR – here are the sectors where I’m placing the majority of my bets:

Intents
Restaking
BTC defi
RWA
$LYX Eco
@Base Eco
Crosschain dapps

1/ You’ve been ignoring $DEUS / $SYMM, but it’s time to pay attention. Thread below on @symm_io. @symm_io 2/ $DEUS through its upcoming token migration to $SYMM is about to put its checkered past in the rearview mirror as it will soon be rolling out its groundbreaking derivatives tech, capital efficiency, and liquidity on a chain near you.

1/ How I’m Playing the Next 6 -12 Months + Maybe Some Alfalfa

I’ve been quiet on Twitter, Telegram, and Discord for the last few months, both because I’ve been busy having a great time IRL and there wasn’t a whole lot of action nor money coming into crypto. 2/ That's about to change in my opinion. Although I’m not predicting massive moves in the short term, the Blackrock ETF news has started what I think will be a slow grind up for BTC and ETH over the next 6 months.

1/ DEGEN ALERT

This play is not for the faint of heart.

Team is not doxxed, smart contracts are novel, and it's a clear ponzi game.

However, it just launched on Arb yesterday, not yet on @dexscreener, has a MC of $2m, and it's team has been around for 6 months. The coin is... 2/ $CHAOS @ordernchaos_fi

@ordernchaos_fi is a twin system of algorithmic stable coins $ORDER (the stable) and $CHAOS (the utility token). Effectively it's a novel ponzi game, taking inspiration from the best parts of $OHM and $LUNA, but with reduced downside risk.

🧵Why ETH L2 Gambling Coin is a Good Coin

1. Narrative

Gambling narrative is hot. Everyone wants the next $RLB.

Gambling coin also does options. Once $DPX etc. kicks of option season, gambling coin will catch a bid there also.

1/7 2. Super Bowl

Gambling coin operates the only on-chain sports AMM. Expect a lot of volume this Sunday. That volume creates fees, which moves the price, which creates hype, which creates more volume♻️

2/7

1/ $OATH - The Next Big Flywheel - 🧵

You wouldn’t know about it due to the lack of chatter on CT, but for the last two years the @bytemasons have been quietly building the various components of a novel defi flywheel. 2/ That flywheel will soon start spinning, generating non-dilutive yield that will be funneled to users and the $OATH token.

Read on for how they’ll do this…

1/ @FinanceLiquid Thread

$LIQD is a new defi primitive that dropped around a month ago. I was following it from the beginning after @BrTarolg tipped me off, but I missed the pre-sale and pump from $4k to $40k because I was partying too hard. 2/ But the good news is that it’s now back at $4k-ish. And with a MC of $1.3m and $900k of liquidity, one can size in decently for a microcap.

1/ $XCAD @XcademyOfficial Thread

I have been accumulating $XCAD for the last month or so since it has some significant upcoming catalysts. $XCAD is different from my recent defi plays (such as $FOLD $SPA $TCR $GNS), but after doing a deep dive, I’m just as bullish. 2/ There is a lot to $XCAD, so in this thread I’ll cover:

-A quick TLDR
-What is $XCAD?
-XCAD’s different dapps
-Tokenomics
-Founder and team
-Investors
-The chart
-Narrative, Upcoming releases and catalysts

1/ $SPA @SperaxUSD Update Thread

Since my last thread on Sperax and $SPA, the $SPA price has been consolidating around the $0.013 – $0.015 levels before breaking out again yesterday. 2/ In this thread I’ll go into the latest and upcoming developments and catalysts that caused this breakout and will lead, IMO, to $SPA continuing its uptrend.

$SPA @SperaxUSD Thread: The Most Asymmetric Bet on Arbitrum

I stumbled across $SPA in a random Twitter spaces last week while searching for Arbitrum plays. I was impressed with what I heard, so I dove deeper.

https://twitter.com/SperaxUSD/status/1557388692959944705?s=20&t=YZRlrB-KZbm-KUWH1YZ0-g

1/ I'll explain in this thread why I'm so bullish on $SPA, an Arbitrum native stablecoin project. There are multiple reasons why I think it’s set to fly (but DYOR, not financial advice of course), including: 2/

$TCR @TracerDao Thread

I’ve been waiting for $TCR to turn on the fee switch. They’ve just announced plans to do so through a $MYC token swap and I don’t think the market has come close to pricing it in. This thread explains why. 1/ Intro

Tracer was one of the first on-chain perps protocols on Arbitrum. The founders are $LINK OGs who’ve run $LINK nodes since close to inception. 2/

Manifold Finance Thread 2 - Block Building

So it appears you like $FOLD too. My thread yesterday (below) only scraped the surface of it. Here’s a short thread on why $FOLD will dominate the block building game after $ETH goes to POS.

https://twitter.com/BillyBobBaghold/status/1554555994201628673?s=20&t=q6-aoOIxTWkT2Mw1tLQ3uA

1/ $FOLD will be a block builder when $ETH becomes POS. Block builders order transactions (typically aiming to build blocks with the highest MEV) and then submit those as blocks to block producers like $LDO, $RPL. 2/

Manifold Finance Thread

@foldfinance $FOLD is an EVM middleware infrastructure project that designs MEV, scaling, and usability solutions for defi dapps and protocols. You’re probably wondering wtf that all means and why should you care. 1/ Well, this thread explores and explains both and more. In short, it will soon print cash, but first here’s a TLDR: 2/

GainsNetwork $GNS Thread

When searching for the next $GMX or $SNX I filtered through several protocols before finding $GNS. After researching it and gTrade, I’m very bullish. 1/ In this thread I’ll touch on what @GainsNetwork_io is, the $GNS token and tokenomics, revenue model, the team, roadmap, risks/weaknesses, and the chart. But first, here’s a TLDR: 2/

The recent success of $SNX and $GMX has helped enforce the narrative trade surrounding fundamentally strong revenue producing protocols and leverage platforms.

And they got me thinking what else it out there...

1/6 Revenue producing protocols were always going to outperform more speculative tokens during a bear market, just as more fundamentally strong stonks do better than their tech and high growth counterparts.

2/6

Evmos Thread

@EvmosOrg is slated to re-launch tomorrow, 26 April. Due to (i) the false start of the initial launch in February and (ii) general market bearishness, fewer eyes are on Evmos than before.

1/34 I still think Evmos could be a great play, both for short term rotation and long term value. In this thread I'll touch on:

- What is Evmos
- Dapps
- EVMOS airdrop
- Tokenomics
- Chain launch details
- My plan

$NEWO @neworderDAO Thread

I've been buying more $NEWO. Even in today's choppy market, I believe there's still opportunity out there if you look hard enough. And I've been looking hard at @neworderDAO. Here's why I'm bullish.

1/n First a TLDR:

- @neworderDAO owns 10% of @redactedcartel
- Airdrops incoming
- ve tokenomics to get seed allocations
- Big brained team

It’s been a while since my last thread, so I am excited to drop this one for a new project I’ve been accumulating for the last 2 months that I am very bullish on.

That project is….

$FOREX @handlefi handle.fi

1/n In this thread I’ll cover the protocol, the market opportunity, bullish upcoming releases, the $FOREX revenue model, tokenomics, team, investors, charts and more.

$METIS Bullish Unlock

A few people are bearish about $METIS's upcoming 13 Feb token unlock. I'm not and here's my reasoning.

TLDR:

1. Not all VCs will sell, and not all will sell on market
2. Massive buying pressure post unlock
3. $MAGIC unlock comparison
4. It's $METIS

1/11 488k tokens (23% of circ supply) unlock on 13 Feb. Excluding team and MetisLab tokens (133k), this leaves 356k tokens unlocked (h/t @Whit3Rh1n0).

2/11

$MELT Update🧵

In the last week since I posted my first @defrost_finance thread, a lot has happened:

- $MELT has announced new partnerships with @ankr and @elk_finance
- Bullish PA
- Increasing TVL
- H2O closer to peg

1/n See below for more detail on of those points above.

I’ve already mentioned details of the partnerships, but I think it’s best to reiterate and expand on them given their potential.

2/n

$MELT @defrost_finance thread

@defrost_finance is a combination of @MIM_Spell and @Platypusdefi on $AVAX. Although we got in at $600k - $800k 1 week ago, it’s still crazily undervalued at a MC of only $2m.

1/n And after all the Sifu, $TIME and $SPELL drama I predict it’s about to get a lot more attention.

So time for a thread, but first here’s a summary:

2/n