Coding is not easy, I hope you can support it with one click and three consecutive attempts! ! !
1. After the Ethereum Shapella update, the funds flowing into the LSD and LSDFI ecosystem are gradually increasing. The Devconnect activity of ETH on November 13th may drive the LSD and LSDFI tracks.
LSD: $LDO $RPL $SSV
LSDFI: $PENDLE $FXS $CRV $CVX
Here we focus on the analysis of $FXS, the triple track superposition: stablecoin+layer2+rwa
$FXS - Prism Finance, Curve, Convex, Frax powered LSD-Fi’s Fee (7d) ranks in the top 10. - Prism Finance is generating demand for Frax Ether and TVL is indeed increasing. FSX has huge ecological potential. Recently, we have seen whales collecting funds. fxs will launch the second layer test network in early 2024, which will support stablecoin or LSD developer projects. In addition, catalyst will launch layer2 specifically for LSD later this year. FXS tokens will be used for staking and receiving transaction fees from the sequencer. In the RWA project launched by sFRAX, veFXS locked tokens account for 48% of the circulating supply on the market. Supply and price are easily driven up.
2. South Korea’s upbit UDC meeting on the 13th is good for tokens $ASTR $IOTX $STG $GAL
(Logic I have said before, you can read the previous post analyzing astr and iotx. iotx and astr are the two founders other than Mina who will give speeches. There is no Korean won pair yet, and there is speculation about the launch of the Korean won pair. Expected. GAL is a large-scale unlocking of 7.61 million tokens, and there is no Korean won pair yet)
3. Let’s talk about $STG next. Layerzero has registered a foundation domain name, and it is rumored that it will be airdropped soon. This news stimulates the rise of stg and rdnt. If the rumors come true, more funds will flow into stg and rdnt later. Regarding the L0 airdrop, stargatefinance can vote on proposals by pledging stg, which also allows its tvl to grow rapidly, which is good for the price increase of stg.
4. Both $GRT and $OCEAN hint at big activity this week.
5. $MC starts rebranding on the 7th
6. Binance Blockchain Week starts on the 8th, where $CHZ will announce one of the largest big projects.
7. $MDT will have airdrop expectations, as well as AI narrative expectations, one of the DWF product portfolios
8. $CKB will be halved near the 19th. It also has bybit and binance contracts, and it is expected to be carried by the stick.
