Over the last 30 days, decentralized AI and meme coins have shown the highest relative strength.

In contrast, Web3 Gaming, DePIN, and RWA remain the least popular by this metric.

The last token sale on CoinList – the best launchpad by ROI numbers – was in July.

Now, they are back to the game with a node sale opportunity from 0G.

Here's how you join the sale with a 5% discount ↓

Key narratives for 0G: AI + infrastructure.

Node sale: You get an 0G Node NFTs that contain node licenses and enable the owner to operate an AI alignment node and earn token emissions for securing the network.

To participate: coinlist.co/0g-node-sale

Discount code: STACYMUUR

PS: Please DYOR before investing. NFA.

10 Demons of Web3 ↓

1️⃣ Low circulating supply & high FDV
2️⃣ High inflation tokens
3️⃣ Endless Galxe, Zealy, and points campaigns
4️⃣ Unfair airdrop distribution
5️⃣ Wash trading and market manipulation
6️⃣ Fake activity numbers
7️⃣ Insider token vesting of less than 1 year (team, VCs, advisors)
8️⃣ Founders blaming the community
9️⃣ Engagement farming and 1,000x threads
🔟 Undisclosed KOL rounds

Anything else?

Following the U.S. elections in November 2024, Binance and Coinbase exchanges saw a substantial inflow of approximately $9.3 billion worth of ERC-20 stablecoins.

Historically, large inflows of stablecoins to crypto exchanges, such as those seen between September 2020 and February 2021, have coincided with bullish rallies in the market. This trend might repeat if the market sustains its support.

Solana network validators earned $445 million in October, highlighting the significance of the Solana ecosystem and its continued high network usage.

This performance could attract attention to Solana, increasing the value and popularity of its native tokens.

Over the past six months, DeFi ecosystems on the Sui blockchain have grown, attracting significant TVL.

Notably, Deepbook on Sui launched its DEEP token, while Aptos TVL reached $911 million ahead of USDT’s release on the network. The increasing TVL highlights the popularity of these blockchains among DeFi protocols and suggests potential investor interest, especially with the anticipated growth in stablecoin usage.

Crafted a strategy that leverages Infinit, Ethena, and mETH

• USDT + USDe → 52%-102% APR
• USDT + USDe + mETH + cmETH → 66% – 114% APY

Here’s the guide

Cardano is making waves as it surges over 25% in the past three days, potentially drawing in retail interest.

This growth has been eagerly anticipated by the ADA community after a lengthy wait.

Messari’s "State of BNB Chain Q3 2024" report reveals a notable surge in NFT trading.

Average daily volumes increased by 283% QoQ.

You can read the full report here.

Funding rates still look pretty hot. Careful with leverage for the next couple of days.

While market sentiment has noticeably improved, it’s a good time to revisit the DePIN narrative and complete some activities.

I’ve found a few projects that have added new activities over the past month:

— Aggregata: Install the extension and allow it to monitor conversations with ChatGPT to earn points.
— Uplink: Register on the project’s website and track the status of your routers in the Dashboard.
— Nodepay: Install the app and complete tasks in the Missions tab.
— Nexus: Connect to the beta version on the website and earn points while the tab remains active.
— Kuzco: Install the software and complete actions as instructed.
— Gradient Network: Install the extension and complete tasks in the Rewards tab.

Ofc, don’t forget to DYOR before starting any tasks.

Prediction markets can offer valuable insights into the likelihood of various outcomes and provide plenty of analytical food for thought.

Here’s my mini-thread on 5 insights from Polymarket on the current bullrun.

On the retail side, it's not the U.S. driving Bitcoin demand.

It's Nigeria.

Dogecoin surged 51% in the past 24 hours to $0.43, with a $63.5 billion market cap.

This rise is tied to the U.S. election outcome and support from Elon Musk, with many investors optimistic that these factors could fuel further growth.

The percentage of shorts on Binance is decreasing.

Be attentive, guys; more turbulence might be on the way.

The U.S. leads in traffic to Web3 research apps.

Remember when they mocked us for saying crypto policy would be crucial in these elections?

Research apps and their top countries now:

• Glassnode: USA 14.3%
• Messari: USA 20.18%
• Token Terminal: Indonesia 18.3%
• CoinMarketCap: USA 21.6%
• Coinglass: Japan 19.8%
• Cryptoquant: Korea 25.5%
• Tradingview: India 23%
• DEXTools: USA 32.5%
• Dexscreener: USA 31.3%

To put this into perspective: Dexscreener receives 20M monthly visits.
Americans account for 6.29M of them.

Data source: Similarweb

NFTEvening and Storible’s 2024 conducted research and came to the interesting conclusions:

– 98% of 2024 NFT drops are dead.
– Only 0.2% of 2024 NFT drops return profits to investors.
– 64% of 2024 NFT drops have fewer than 10 mints.
– 98% of 2024 NFT drops have fewer than 10 trades in the first week.
– In 98% of 2024 NFT drops, the price falls by at least 50% within the first three days.
– 84% of 2024 NFT drops have ATH price equal to mint price.

See the full report and data here.

USDT netflow on exchanges set a new record at 1.3 billion for the second time in six days.

Speculation goes brrrr.

November 2021: Crypto market cap at $2.86T.
Today: Crypto market cap at $3T.

November 2021: BTC at $66K.
Today: BTC at $90K.

November 2021: ETH at $4,800.
Today: ETH at $3,100.

November 2021: SOL at $258.
Today: SOL at $210.

Why so?
For traditional capital, Crypto = Bitcoin.
Much like for investors outside the US, the US market = S&P 500.

I get the Bitcoin maxis.
This thesis is evergreen.