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Good Afternoon E.T Fam! It’s Thursday, and that means that we’re almost to the weekend finish line. So far, this has been another great week in crypto. Bridge protocols – particularly Anyswap – are beginning to experience some positive price movements. I covered bridges a while back, and Anyswap was definitely one that I’ve mentioned multiple times. I keep telling you all to pay attention to this channel if you want the best alpha.
Don’t let the information go to waste. The pumpamentals are in full effect for Fantom. Fantom’s ecosystem projects like Popsicle Finance and SpookySwap (which I also brought you early) are pumping as well. Return of the Memes continues. #Shiba has been climbing its way up the rankings ladder.
Today, it’s experiencing a bit of a cool off. It will be interesting to see how long the cool off lasts. This is one that we’ll be watching from the sidelines. Anyone looking to take a position should proceed with caution. It’s important that you all remember to be intentional when it comes to securing profits. The futures leverage volume is steadily increasing.
I predict that a possible liquidation event could be on the horizon. In the phase of the bull market that we’re in, liquidations equals discounts on good projects. So, you want to make sure that you have some dry powder on the side. It’s also important to remember how early we are. Keep in mind that our market cap is only $2T vs the Global Stock Market’s $91T.
Crypto is currently taking over the globe. So, if the sentiment is that our measly market cap is as good as it gets…..we ain’t seen nothing yet! Finally, Polkadot is gearing up for their parachain auctions. This has been long awaited and anticipated by pretty much all of us. You’ll be hard-pressed to find many that aren’t bullish on DOT and its ecosystem. So, the announcement of the launch of parachain auctions getting closer is very good news. Overall, it’s been a good week. Let’s see if we can finish out strong!
00:00 = Intro
01:06 = Bitcoin cooling-off
03:01 = Bridges protocols on the rise
04:33 = Fantom’s ecosystem is exploding
05:19 = Meme token season is back
06:22 = Is a cool down imminent?
08:05 = Putting things in perspective
09:59 = ZK-Rollups are coming faster than expected!
11:13 = First Polkadot crowdloans
11:35 = Outro
#cryptocurrency #ethereum #bitcoin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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