Crypto Banter Signals
Hyperliquid
Hyperliquid is a decentralised perpetual futures exchange that aims to provide traders with a full-featured, transparent, and secure trading experience.
Recently, Hyperliquid has frequently featured in the top spot among all Perpetual DEXs. We have tried many perp DEXs, and Hyperliquid stands out with its superior UI/UX.
Hyperliquid
Hyperliquid is a decentralised perpetual futures exchange that aims to provide traders with a full-featured, transparent, and secure trading experience.
Recently, Hyperliquid has frequently featured in the top spot among all Perpetual DEXs. We have tried many perp DEXs, and Hyperliquid stands out with its superior UI/UX.
Crypto Banter Signals
So, why are we talking about Hyperliquid today?
Well, the DEX is gaining popularity, but it hasn't launched its token.
More importantly, it has a points system โ points farming often signals an airdrop on the horizon to reward early adopters. This points program, launched on November 1, will potentially run until April, distributing 1,000,000 points weekly.
Action plan:
1. You will need USDC on Arbitrum (you can directly withdraw USDC to Arbitrum from CEXes).
2. Go to Hyperliquid's website and deposit USDC.
3. Trade on the exchange and create volume.
4 Deposit USDC into their Hyperliquidity Provider (HLP) vault.
Tips to improve your eligibility
1. While the exact methodology for distributing points isn't public, we've observed that trading volumes over $1k earn points at approximately 1 point per $1k traded.
2. Trades under $100 seem ineligible for points. Make sure to size your trades accordingly.
3. Hold your positions for at least 10-15 minutes. It is unclear, but Hyperliquid seems to be filtering out sybils and wash-traders from the points system.
4. Try to accumulate at least 10-20 points. The more, the better. This can be challenging if you have little capital; however, you have until April to amass the points.
5. Hedge your position with other Perp DEXs with a points system (e.g. Zeta markets, Drift, Lyra, etc.). For example, you can open $1000 BTC long on Hyperliquid while also having $1000 BTC short position on Drift. In this scenario, you are holding a delta-neutral position (It doesn't matter whether the price will go up or down; you won't suffer huge losses).
6. Feel free to use the "CPRO" code to receive a 4% discount on fees.
AIRDROP 2: JOIN CONFIDENTIAL CIRCLE, TO READ MORE
AIRDROP 3: JOIN CONFIDENTIAL CIRCLE, TO READ MORE
So, why are we talking about Hyperliquid today?
Well, the DEX is gaining popularity, but it hasn't launched its token.
More importantly, it has a points system โ points farming often signals an airdrop on the horizon to reward early adopters. This points program, launched on November 1, will potentially run until April, distributing 1,000,000 points weekly.
Action plan:
1. You will need USDC on Arbitrum (you can directly withdraw USDC to Arbitrum from CEXes).
2. Go to Hyperliquid's website and deposit USDC.
3. Trade on the exchange and create volume.
4 Deposit USDC into their Hyperliquidity Provider (HLP) vault.
Tips to improve your eligibility
1. While the exact methodology for distributing points isn't public, we've observed that trading volumes over $1k earn points at approximately 1 point per $1k traded.
2. Trades under $100 seem ineligible for points. Make sure to size your trades accordingly.
3. Hold your positions for at least 10-15 minutes. It is unclear, but Hyperliquid seems to be filtering out sybils and wash-traders from the points system.
4. Try to accumulate at least 10-20 points. The more, the better. This can be challenging if you have little capital; however, you have until April to amass the points.
5. Hedge your position with other Perp DEXs with a points system (e.g. Zeta markets, Drift, Lyra, etc.). For example, you can open $1000 BTC long on Hyperliquid while also having $1000 BTC short position on Drift. In this scenario, you are holding a delta-neutral position (It doesn't matter whether the price will go up or down; you won't suffer huge losses).
6. Feel free to use the "CPRO" code to receive a 4% discount on fees.
AIRDROP 2: JOIN CONFIDENTIAL CIRCLE, TO READ MORE
AIRDROP 3: JOIN CONFIDENTIAL CIRCLE, TO READ MORE
Crypto Banter Signals
Decoding Bitcoin Ownership: Who Holds the Majority?
We've got some fresh data that paints a fascinating picture of Bitcoin ownership as of February 2024. Here's the breakdown:
๐ฅ General Public Dominates: Individuals hold the lion's share with 11.97M BTC, representing 57% of the distributed supply. This shows the decentralized nature of Bitcoin, with 81.7 to 130.4 million people participating.
๐ฆ Institutional Presence: Businesses and Funds/ETFs are significant holders with 3.6% and 3.9% respectively, translating to 758K BTC held by businesses and 818K BTC by funds.
๐ Governments Getting a Slice: State actors have accumulated 565K BTC, which is 2.7% of the total. This indicates growing recognition and adoption at the sovereign level.
โ๏ธ Miners Holding Strong: Miners are hodling 714K BTC, making up 3.4% of the total. They play a crucial role in the network and their holding patterns can impact market dynamics.
๐ Satoshi's Stash: The mysterious Satoshi Nakamoto is believed to hold ...
Decoding Bitcoin Ownership: Who Holds the Majority?
We've got some fresh data that paints a fascinating picture of Bitcoin ownership as of February 2024. Here's the breakdown:
๐ฅ General Public Dominates: Individuals hold the lion's share with 11.97M BTC, representing 57% of the distributed supply. This shows the decentralized nature of Bitcoin, with 81.7 to 130.4 million people participating.
๐ฆ Institutional Presence: Businesses and Funds/ETFs are significant holders with 3.6% and 3.9% respectively, translating to 758K BTC held by businesses and 818K BTC by funds.
๐ Governments Getting a Slice: State actors have accumulated 565K BTC, which is 2.7% of the total. This indicates growing recognition and adoption at the sovereign level.
โ๏ธ Miners Holding Strong: Miners are hodling 714K BTC, making up 3.4% of the total. They play a crucial role in the network and their holding patterns can impact market dynamics.
๐ Satoshi's Stash: The mysterious Satoshi Nakamoto is believed to hold ...
Crypto Banter Signals
How to find overlooked coins with 10x to 100x potential
We are at the start of another bull market.
Would you like to be the person who turned $10k into $20k, $100k, or $1million?
The power to choose is in your hands!
But hereโs the thing: you make a profit when you buy and realise it when you sell!
Let that sink in.
The price at which you buy a coin is the main factor determining whether you get a 5x, 20x, or 50x.
Today, we share alpha on improving your odds of getting the maximum upside possible when you buy a coin.
Sounds exciting?
Letโs dive in.
How to find overlooked coins with 10x to 100x potential
We are at the start of another bull market.
Would you like to be the person who turned $10k into $20k, $100k, or $1million?
The power to choose is in your hands!
But hereโs the thing: you make a profit when you buy and realise it when you sell!
Let that sink in.
The price at which you buy a coin is the main factor determining whether you get a 5x, 20x, or 50x.
Today, we share alpha on improving your odds of getting the maximum upside possible when you buy a coin.
Sounds exciting?
Letโs dive in.
Crypto Banter Signals
Hereโs how to spot winnersThe top performers in a bull market are often a combination of both old and new tokens. Most people pay attention to the new tokens โ exciting, innovative projects offering a first-mover advantage and being propelled by a strong narrative and hype. And thereโs nothing wrong with that โ we cover many of them here. Our most recent list includes OLAS, HMX, and DYM, among others.
But one often overlooked fact is that some old coins can also deliver an outperformance if you catch the wave of their resurgence just at the right point.
Take a good look at the chart below.
Hereโs how to spot winnersThe top performers in a bull market are often a combination of both old and new tokens. Most people pay attention to the new tokens โ exciting, innovative projects offering a first-mover advantage and being propelled by a strong narrative and hype. And thereโs nothing wrong with that โ we cover many of them here. Our most recent list includes OLAS, HMX, and DYM, among others.
But one often overlooked fact is that some old coins can also deliver an outperformance if you catch the wave of their resurgence just at the right point.
Take a good look at the chart below.
Crypto Banter Signals
The stages start with a top-performing coin, getting a viscous downtrend, followed by a little less viscous downtrend, and then the gloom and doom when most people abandon the project. A no-one-cares period follows when the project could as well be dead, until the first signs of a recovery show โ and then boom โ it picks up, and weโre soooo back!!!!
The stages start with a top-performing coin, getting a viscous downtrend, followed by a little less viscous downtrend, and then the gloom and doom when most people abandon the project. A no-one-cares period follows when the project could as well be dead, until the first signs of a recovery show โ and then boom โ it picks up, and weโre soooo back!!!!
Crypto Banter Signals
The aim is not to enter a project after a breakout rally. The goal is to build a position before the project breaks a major consolidation or downtrend pattern. The value discrepancy is between price action and indicators or metrics.
However, value discrepancy can vary significantly from one crypto to another.
Based on the category, different factors can be valued more than others. For example, fees generated would be an essential metric for L2s or DEXs. Similarly, for the DeFi protocol, if TVL is leading price performance, it can be a valuable conviction.
Now, for topics like DePin and Gaming, you will not find open-source datasets. Hence, their adoption or fundamentals will be measured based on partnerships, funding, testnet activity, etc.
Below are a few additional metrics to double-check for value discrepancy.
1- On-chain activity: If the price lags on-chain activity, that is always a good sign. Transaction counts, daily active users, and trading volumes are metrics that indicate that there is relevant on-chain activity on a protocol.
2- Smart money inflows: You may need to use specialized tools to find this. But if you can spot smart money inflows, it could be a good indicator that the smart money agrees with you that the token has a value discrepancy.
3- Revenue or business model: The project should be generating revenue for its services or the token should be involved in some form of utility on the network. It can be in the form of transaction fees being paid, governance, staking, etc. A good Price-to-Sales ratio also goes a long way.
4- Community: The project should also have a thriving, vocal, and growing community. If the project has a significant following, there is education around the project online, and Twitter threads are being written, which is a major plus point.
The aim is not to enter a project after a breakout rally. The goal is to build a position before the project breaks a major consolidation or downtrend pattern. The value discrepancy is between price action and indicators or metrics.
However, value discrepancy can vary significantly from one crypto to another.
Based on the category, different factors can be valued more than others. For example, fees generated would be an essential metric for L2s or DEXs. Similarly, for the DeFi protocol, if TVL is leading price performance, it can be a valuable conviction.
Now, for topics like DePin and Gaming, you will not find open-source datasets. Hence, their adoption or fundamentals will be measured based on partnerships, funding, testnet activity, etc.
Below are a few additional metrics to double-check for value discrepancy.
1- On-chain activity: If the price lags on-chain activity, that is always a good sign. Transaction counts, daily active users, and trading volumes are metrics that indicate that there is relevant on-chain activity on a protocol.
2- Smart money inflows: You may need to use specialized tools to find this. But if you can spot smart money inflows, it could be a good indicator that the smart money agrees with you that the token has a value discrepancy.
3- Revenue or business model: The project should be generating revenue for its services or the token should be involved in some form of utility on the network. It can be in the form of transaction fees being paid, governance, staking, etc. A good Price-to-Sales ratio also goes a long way.
4- Community: The project should also have a thriving, vocal, and growing community. If the project has a significant following, there is education around the project online, and Twitter threads are being written, which is a major plus point.
Crypto Banter Signals
๐๐๐Avalanche๐๐๐
One current example of a coin in which a value discrepancy is possible is Avalanche.
The chart looks something like this: where the price has broken above its previous consolidation range.
Compare AVAXโs chart with the value chart from earlier in the report. Do you notice any similarities?
๐๐๐Avalanche๐๐๐
One current example of a coin in which a value discrepancy is possible is Avalanche.
The chart looks something like this: where the price has broken above its previous consolidation range.
Compare AVAXโs chart with the value chart from earlier in the report. Do you notice any similarities?
Screenshot 2024-02-25 at 4.40.17 PM.png
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Crypto Banter Signals
Crypto Banter Signals
After going through the above conditions, you would have developed a strong opinion or investment thesis on why a token deserves a spot in your portfolio.Now, this is where you develop a strategy for building your positions.
While a deep knowledge of technical analysis is not required, it is essential to understand market structure, long-term resistance and support, and momentum for market entry.
Hence, chart analysis is required to identify the buy-in zone after building a conviction.
Let us take two examples.
๐๐๐Injective๐๐๐
Injective is one asset which has gone parabolic over the past few weeks.
After going through the above conditions, you would have developed a strong opinion or investment thesis on why a token deserves a spot in your portfolio.Now, this is where you develop a strategy for building your positions.
While a deep knowledge of technical analysis is not required, it is essential to understand market structure, long-term resistance and support, and momentum for market entry.
Hence, chart analysis is required to identify the buy-in zone after building a conviction.
Let us take two examples.
๐๐๐Injective๐๐๐
Injective is one asset which has gone parabolic over the past few weeks.
Crypto Banter Signals
Now, Injective was paired with a strong narrative from top to bottom. It is under a trending category with the โmodular approach for decentralised financeโ narrative. Its tokenomics is strong, it has strong on-chain activity, and the community is thriving.
Hence, once the asset underwent a breakout, it was a very easy trade to hold, and from the actionable range, an almost 4x increase in value was evident.
Now, Injective was paired with a strong narrative from top to bottom. It is under a trending category with the โmodular approach for decentralised financeโ narrative. Its tokenomics is strong, it has strong on-chain activity, and the community is thriving.
Hence, once the asset underwent a breakout, it was a very easy trade to hold, and from the actionable range, an almost 4x increase in value was evident.
Crypto Banter Signals
๐๐๐Cosmos๐๐๐
Now, unlike Injective, there is another protocol which investors might be interested in analysing.
Cosmos blockchain is one network which hasnโt witnessed an all-out bullish breakout yet. This project is currently the base layer of multiple projects under the โtrending categoryโ in 2024. Some of such projects include Celestia, Dymension, Injective, Akashnet, and Kujira.
๐๐๐Cosmos๐๐๐
Now, unlike Injective, there is another protocol which investors might be interested in analysing.
Cosmos blockchain is one network which hasnโt witnessed an all-out bullish breakout yet. This project is currently the base layer of multiple projects under the โtrending categoryโ in 2024. Some of such projects include Celestia, Dymension, Injective, Akashnet, and Kujira.
Crypto Banter Signals
The objective remains to track projects that are at their lowest point in terms of sentiment when fewer investors are excited about them.
We're still early in this crypto bull run - the 2024/2025 cycle likely has much room left to run. As we've covered, this presents a prime opportunity to secure positions in overlooked gems before the herd piles in.
The keys are identifying true value discrepancies, spotting signs of a turnaround, and entering at opportune moments when volatility allows. However, patience and discipline are vital. The projects realizing 10x, 50x or more gains never get there in straight lines.
While certainly not without risks, by sticking to fundamentally sound crypto assets that have shown the previous ability to deliver, history suggests the odds of life-changing returns are firmly in your favour.
Imagine where you could be when this cycle reaches its peak.
Will you take the steps now to become one of the winners in this run? We're here to give you the tools, insights and conviction needed to win.
Remember, you make a profit when you buy and realize it when you sell.
So, stick to the script: buy low, sell high.
Donโt fumble the bag!
The objective remains to track projects that are at their lowest point in terms of sentiment when fewer investors are excited about them.
We're still early in this crypto bull run - the 2024/2025 cycle likely has much room left to run. As we've covered, this presents a prime opportunity to secure positions in overlooked gems before the herd piles in.
The keys are identifying true value discrepancies, spotting signs of a turnaround, and entering at opportune moments when volatility allows. However, patience and discipline are vital. The projects realizing 10x, 50x or more gains never get there in straight lines.
While certainly not without risks, by sticking to fundamentally sound crypto assets that have shown the previous ability to deliver, history suggests the odds of life-changing returns are firmly in your favour.
Imagine where you could be when this cycle reaches its peak.
Will you take the steps now to become one of the winners in this run? We're here to give you the tools, insights and conviction needed to win.
Remember, you make a profit when you buy and realize it when you sell.
So, stick to the script: buy low, sell high.
Donโt fumble the bag!
Crypto Banter Signals
ETHBTC: The chart is still following the roadmap that I communicated weeks ago. The potential was always there for a reversal and now the momentum actually seems to be turning on. It starts to look more and more promising and as long as long the 0.052 level is not broken to the downside I assume that ETH is now outperforming BTC. It is still very early in this trend reversal, so the structure is still fragile.
ETHBTC: The chart is still following the roadmap that I communicated weeks ago. The potential was always there for a reversal and now the momentum actually seems to be turning on. It starts to look more and more promising and as long as long the 0.052 level is not broken to the downside I assume that ETH is now outperforming BTC. It is still very early in this trend reversal, so the structure is still fragile.
Crypto Banter Signals
We are at the start of another bull market.
Would you like to be the person who turned $10k into $20k, $100k, or $1million?
The power to choose is in your hands!
But hereโs the thing: you make a profit when you buy and realise it when you sell!
Let that sink in.
The price at which you buy a coin is the main factor determining whether you get a 5x, 20x, or 50x.
Today, we share alpha on improving your odds of getting the maximum upside possible when you buy a coin.
Sounds exciting?
----- To read more, join the confidential circle -----
We are at the start of another bull market.
Would you like to be the person who turned $10k into $20k, $100k, or $1million?
The power to choose is in your hands!
But hereโs the thing: you make a profit when you buy and realise it when you sell!
Let that sink in.
The price at which you buy a coin is the main factor determining whether you get a 5x, 20x, or 50x.
Today, we share alpha on improving your odds of getting the maximum upside possible when you buy a coin.
Sounds exciting?
----- To read more, join the confidential circle -----