Are memecoins truly a springboard for gains this bull run?

• What memecoin trackers don't reveal
• Key factors driving cult coins
• The current stage of the memecoin cycle
• The onboarding risk of the meme thesis

In-depth research ↓ Many call this year the "Year of Memecoins," with charts showing memes outperforming all other Web3 narratives.

This thread highlights key points from my latest research.
For a more in-depth exploration, please read my publication on Substack ↓
stacymuur.substack.com/p/are-memecoin…

Sharing my Web3 research framework:

USP data → Metrics → Tokenomics → Runway → Clout rate → Future catalysts

All factors to pay attention to & template ↓ In Web3, the data load is massive, with thousands of protocols spanning dozens of categories. Many investors either narrow their focus to specific narratives, or rely on pre-made insights from influencers and analysts.

In this thread, I’ll share a customizable research framework ↓

Decentralized computing stands out as one of the most competitive sectors in Web3, significantly reducing computing costs for global businesses.

@ICN_Protocol is a noteworthy protocol with immense potential.

Here's why & how to be early ↓ Impossible Cloud Network (ICN) is a decentralized, multi-service platform designed to revolutionize cloud infrastructure. ICN distinguishes itself through:

• SLA Oracle Nodes, ensuring reliable performance and transparency.

Margin notes for @a16zcrypto's "State of Crypto 2024" report:

Key data highlights and additional context you might need for a full understanding of the market ↓ When a16z dropped their annual "State of Crypto" report, most media outlets, X accounts, and Telegram communities, started sharing their beautiful charts. All these charts can be united with one simple red line: “We’re optimistic, and here’s why”.

https://twitter.com/1539681011696603137/status/1846586491171975681

Quick Fact: Liquid Restaking is just 33% of @puffer_finance's product stack.

Here's everything you need to know about Puffer as a comprehensive Ethereum scaling solution, its traction, and TGE expectations ↓ Many know @puffer_finance as an LRT protocol, currently the 2nd largest by TVL after @ether_fi.

But in reality, Puffer's product is built on 3 core pillars:
• Anti-slashing LRT
• UniFi Based Rollup Stack
• UniFi Preconf AVS

Last week, @rise_chain announced a $3.2M seed round with participation from @VitalikButerin to develop a Gigagas L2.

Let's break down the Gigagas buzzword and see if it's worth keeping an eye on ↓ The new generation of Ethereum L2s is now emerging, focusing on extremely high throughput.

This progression follows the shift from the "Just scale" thesis to "Scale for max speed." @rise_chain is the second to join this race, following @megaeth_labs – both supported by Vitalik.

The three driving forces of Web3 are degening, speculation, and yields.

First, we had the memecoin frenzy.
Next, @Polymarket saw a 300% TVL increase since July.
Now, @LogX_trade has reached $20B in volume.

Here's the LogX's playbook as go-to platform for speculation ↓ While infrastructure and technology are crucial, the primary use case of crypto has always been earning—whether through high-risk degening or low-risk passive investments.

In this domain, @LogX_trade aims to be a super app for all these activities.

One of the common blockers for Web3 adoption is privacy.

From dark pools and privacy-first social platforms to private AI and healthcare dApps – all these use cases demand robust privacy infra.

@nillionnetwork understands this priority better than anyone, and here’s why ↓ In the current setup, once data is encrypted and stored on-chain, it must be decrypted for computations and then re-encrypted.

This decrypt-compute-reencrypt cycle not only introduces potential security vulnerabilities but also leads to inefficiencies in data handling.

GameFi has long been a strong bet for driving adoption.
However, over time, the bottlenecks have become more apparent.

What's the current state of Web3 gaming?
And what are the games to watch?

Check out my summary of @Delphi_Digital's "Mid Year Gaming Review" study ↓ To add extra value to this research, I've included key highlights from Delphi's Report along with a list of noteworthy new Web3 games.

The list is quite extensive, so please check my Substack publication for the details ↓
stacymuur.substack.com/p/the-state-of…

In the first quarters of 2024, following a series of disappointing airdrops, the hype has diminished and competition for allocations has eased.

Here is my compilation of airdrop programs worth joining in Q4 2024, with FDV expectations ↓ Covering every detail of each airdrop in a thread is quite challenging.

For a more in-depth exploration and steps to farm each airdrop, check out my publication on Substack (and don't forget to subscribe!) ↓

stacymuur.substack.com/p/airdrops-to-…

Are token unlocks potential sell signals?
What does historical data reveal about trading these events?

• Key insights from @MessariCrypto's Cliff Unlocks report
• Crucial events to watch
• Tools to track inflation

All in one thread ↓ This in-depth report, now a classic feature, is also available on my Substack with additional context and details on key cliff unlocks and daily emission changes.

If you enjoy my work, be sure to subscribe ↓
open.substack.com/pub/stacymuur/…

The @NEARProtocol journey: From and program synthesis to becoming one of the largest L1s, powering:

• Chain Abstraction
• Open web experiences
• Affordable data availability

Get ready to dive into the story behind NEAR's Black Dragon ↓ NEAR.ai
NEAR was originally founded as in 2017 by @ilblackdragon and @AlexSkidanov. It focused on exploring program synthesis (computer-automated software development).

Initially, it was intended to be built on Ethereum, but the technology capabilities were insufficient.NEAR.ai

The red market is the ultimate stress test for protocols, exposing where the real users are.

Here's my big research on the state of Ethereum L2s, packed with visuals and on-chain data insights ↓ Since 2023, new Ethereum L2s have emerged rapidly, with @l2beat now tracking data on 74 L2s and 30 L3s.

However, only a few general-purpose rollups have gained mainstream traction, attracting significant TVL and users. This research focuses on the nine largest ones ↓

What does the future of @solana look like?

Key insights from @Delphi_Digital's "Solana the Modular" research ↓ In this thread, I will highlight:

• Solana's role in Ethereum and Bitcoin scaling theses
• The landscape of Solana L2s
• Solana Permissioned Environments (SPEs)
• Solana’s emerging role as a sequencer

Full version on Substack ↓
stacymuur.substack.com/p/what-does-th…

𝕏 offers quick data insights but can be overwhelming.

This year, my top move as a researcher was turning my email inbox into a goldmine of high-quality data.

20 awesome newsletters to follow if you're in Web3 ↓ #1: @TheDeFiInvestor's Substack

Topics:
• Weekly DeFi updates
• Market overview
• Crypto activities guides & strategies
• Projects and narratives overview

To subscribe: thedefinvestor.com

Chain abstraction is inevitable.

@SocketProtocol has released their Whitepaper, detailing their approach to streamlining the Web3 user experience.

Here's my ELI5 (and why Socket is a player to watch closely)↓ Since Ethereum announced its rollup scaling roadmap, we have seen many dozens of optimistic and ZK rollups entering the market and increasing the liquidity and UX fragmentation.

Back in 2021, Ethereum accounted for 90%+ of DeFi TVL.
Today, it accounts for just 56%.

The $MATIC to $POL upgrade is set for September 4th.

Here's what you need to know about the new @0xPolygon chapter ↓ The $MATIC to $POL upgrade goes beyond a simple rebranding to better align with the brand.

First proposed last year in PIP-17, $POL represents an upgrade from $MATIC, driven by Polygon Labs' new vision of an aggregated blockchain network (AggLayer).

Are CEX listings REALLY a price catalyst?

Every time a new token drops, the cry for "Wen Binance?" rings out.
But what really happens to prices after a Binance listing?

I’ve dug into the data on recent listings to find out ↓ Post-TGE CEX listings are often viewed as a bullish catalyst, boosting trading volumes and attracting new holders.

However, for protocols, these listings can be expensive, costing from $20K on smaller platforms to over $500K on Tier-1 exchanges.

The real effect? Very mixed ↓

Key reasons I'm bullish about @0xMantle and continue farming their ongoing $cmETH and $FBTC programs:

⊕ Two airdrops from Mantle are coming;
⊕ $3B treasury;
⊕ Impressive product traction & more.

Yield thesis ↓ Amidst over 40 competing Ethereum L2s, @0xMantle stands out with strategic products and partnerships, as well as the second-largest treasury in Web3.

Mantle's ecosystem now includes five tokens: MNT, mETH, FBTC, and the upcoming cmETH and COOK, each offering unique value.

8 surprising facts about today's Web3 market you'd never google ↓ This cycle has shown the poorest BTC price performance compared to all previous halving cycles, only comparative to 2016, according to data from @glassnode.

Sixty days after halving, BTC was up 6% in 2020, down 6% in 2016, and up 10% in 2010.

What happens if you trade using only the EMA 200?

Exploring EMA 200 trading across various crypto asset classes ↓ The EMA 200, or 200-day Exponential Moving Average, is a commonly used technical indicator in trading.

If simplified, it shows the average price of the asset over the last 200 days, with more emphasis on recent prices.

The indicator is super popular in trading.