As of yesterday, Ripple Labs Inc.'s CEO, Brad Garlinghouse, announced that SEC intends to charge $2 billion in fines and penalties against the company regarding allegations related to trading of XRP.
More details will be publicly released over the next month.
It seems like XRP is doomed to fail, or majorly underperform compared to other altcoins this cycle. The legal pressure on the token, alongside slow ecosystem developments and up-side for reward/return is low.
It has stayed among the Top 10 highest mcap list for years, and I don't exactly foresee it leaving the list, but realistically, it does not have much legs to run anymore.
AI, RWA and GameFi coins are likely to outperform in narratives for 2024. I would not be buying XRP.

Don't be fooled into believing that $BOME was the sole success story; that's nonsense.
Avoid the regret of not purchasing at launch. Initially, only insiders who are promoting it now had access, and they're likely to sell off now that it's on Tier 1 exchanges.
The narrative that there's only one winner is often spun to trap you for future gains at your expense.
In reality, when a massive surge occurs, it's not just one but typically 3-5 others that also perform remarkably well – maybe not to the same extent, but sufficiently enough for us all to benefit.
Remain vigilant and eager in your pursuits, and your time to thrive will come.
DON'T FOMO!

XRP showcased a bullish continuation pattern, illustrating a classic bull flag formation often seen in strong uptrends. A key confirmation will be its ability to surpass the $0.75 resistance level, a major threshold I've highlighted repeatedly. A breakthrough of $0.75 could swiftly lead to $1.33.
March is pivotal for XRP. Anticipate the largest green monthly candlestick this cryptocurrency has ever produced. Once we surge beyond $1, expect widespread FOMO, with discussions on ETFs, its role as a bridge currency, and even as a potential world reserve currency.
"Secure your gains."
My objectives are:
TP1: $1.33
TP2: $2.09
TP3: $3.7

When Bitcoin surpassed its previous all-time high of $20,000, the Weekly Relative Strength Index (RSI) stood at 87. Over the next four months, it surged by 232%. The initial decline happened after Bitcoin doubled to $40,000, leading to a 30% pullback. Currently, Bitcoin's weekly RSI mirrors this earlier peak at 87.
This comparison is promising and should be seen as a positive sign. It's not to suggest that history will repeat itself exactly, but rather to highlight a common oversight: underestimating momentum and the potential for significant gains.
The notion that a high RSI equates to an imminent peak or weakness should be challenged. Resist the impulse to equate market strength with the necessity for a downturn.
We are in a phase of acceleration.

Being on the sidelines during a bull market can feel extremely disappointing. Yet, there's a convincing argument to be made that it's not too late to engage, particularly for those looking to experience the most dramatic increases of the cycle. The key is to overcome hesitation and act promptly.
As of now, Bitcoin's ascent has been impressive, and despite how improbable it may seem, there remains a window of opportunity to enter the market. The necessity for immediate action is underscored, with a hint that the forthcoming periods could offer significant returns.
Observing Bitcoin's vertical price movements can induce a sense of having missed out, yet succumbing to this belief ensures missing future gains. A broader perspective reveals we're potentially at a pivotal moment in Bitcoin's cycle, positioned just before or at the onset of its most explosive phase.

Bitcoin is thought to be transitioning from the accumulation phase to a phase of rapid growth. The narrative suggests two possible outcomes: an immediate surge or a beneficial dip preceding the halving, both presenting opportunities for substantial gains.
The emphasis is on the broader cycle and potential ahead, especially with the halving event on the horizon, which historically triggers a prolonged market upswing. Bitcoin's leadership in the cycle suggests that altcoins will soon follow, marking an even earlier stage for investment in these assets.
Practical advice includes formulating a long-term strategy, focusing on macro levels rather than getting swayed by short-term fluctuations. This approach minimizes emotional decision-making and promotes a disciplined investment process, targeting entry points in early cycle phases for altcoins and adhering to a plan for scaling out during peak cycle stages.
In essence, the counsel is to act based on a comprehensive plan, ignoring fleeting emotions and market noise, which often lead to missed opportunities. The focus should remain on significant, strategic moves rather than attempting to capitalize on every minor market fluctuation, thereby aligning with the cycle's broader trends and positioning for substantial gains.

ETH surpasses the $3K mark
Since before February, this milestone was last achieved in April 2022.
Is it possible we'll witness a gradual ascent leading up to the tentative approval date for the ETH ETF on May 31st?
Polymarket currently estimates a 45% likelihood of approval.
Factoring in Blast rewards and various other airdrops, the first half of 2024 could conclude with significant momentum.

The reduction in ETH supply can be attributed to the implementation of fee burning mechanisms combined with ETH's relatively low annual issuance rate.
The surge in ETH demand is driven by the expansive range of activities available on Ethereum and its Layer 2 solutions, alongside the anticipated influx of interest from ETF investors.
Given this scenario, how do you foresee the impact on ETH's price?
Prepare for an interesting ride.

Crypto experienced unprecedented expansion last year, propelled by the introduction of Bitcoin ETF Spot and innovations such as LSDfi, AI, Layer 2 technologies, Airdrop/Retroactive mechanisms, Telegram Bots, and GameFi.
As 2024 dawns, marking the advent of a new market cycle and the anticipated Bitcoin Halving in April, speculation abounds regarding the future of the crypto sector.
This article outlines five key predictions for the crypto market in the forthcoming year.
1. The NFT sector is expected to witness substantial growth on the Avalanche platform.
Despite the fading of NFT markets in ecosystems like Polygon and Flow, others such as Ethereum, Solana, Bitcoin, Sei Network, and Aptos have seen sustained growth, with NFTs attracting new participants. The challenge lies in discovering worthwhile NFT investments within established ecosystems like Ethereum or Solana, prompting a shift towards exploring new horizons.
For predicting NFT growth, factors such as proven ecosystem capabilities, active NFT market development, the emergence of noteworthy NFT and Builder collections, and growing interest in the ecosystem's NFT market are considered. Avalanche emerges as a strong contender against Solana in the DeFi arena, with a focus on Web3 Games in collaboration with studios like SKT and TSM, and the establishment of Avalanche Arts & Culture to compete in the NFT market.
2. The rise of Mantle and the Layer 2 competition is imminent.
Starknet and zkSync are set to be major Layer 2 players, anticipated to launch with high valuations. The current landscape, featuring Arbitrum, Optimism, zkSync, and Starknet, mirrors the dynamics of Solana, Ethereum, Avalanche, and Polygon, offering opportunities for platforms like Fantom, Near Protocol, and Polkadot in the Layer 2 domain.
Mantle Network, backed by substantial bitDAO funds and the acquisition of Trader Joe's copyright, demonstrates significant ambition. The anticipation is high for the emergence of next-generation Layer 2 platforms, including Linea, a zkRollup-based blockchain developed by Consensys, and Base, created by Coinbase using Optimism’s Optimistic Rollup technology.
3. Restaking could be the dominant narrative of 2024.
The momentum behind this trend is propelled by EigenLayer's official launch, significantly enhancing ETH staking profits and ETH LSTs. Puffer Finance successfully raised over $5.5M in funding from entities like Binance Labs, Faction, LBank Labs, SNZ Capital, and notable angel investors, indicating strong market interest.
Currently, investment opportunities in Liquid Restaking and Liquid Native Restaking projects are somewhat limited, with many yet to launch their tokens. The most promising avenue now lies in participating in Airdrop/Retroactive schemes, benefiting both the projects and EigenLayer.
4. The phenomenon of Airdrop/Retroactive is expected to surge.
Now is an opportune moment for token launches, with a potential bullish market in 2025 if current trends persist. Launching tokens in 2024 positions investment funds and development teams advantageously in a favorable market, while Airdrop/Retroactive initiatives for early supporters benefit retail investors.
If Airdrop/Retroactive continues to gain momentum, capital will circulate across different blockchains, fostering smaller-scale opportunities. Current interest is notably concentrated in Airdrop realms such as Infrastructure, Layer 1, Layer 2, and DeFi.
5. Emerging narratives surrounding Bitcoin focus on two main aspects.
Inscriptions have become a known factor in the crypto market, leading to challenges like elevated transaction fees and network congestion. Among the evolving narratives, Bitcoin Layer 2 stands out, with the development of the Map Protocol drawing inspiration from Ethereum’s approach, indicating a path forward in the evolving crypto landscape.

1) Every investment decision you make is your responsibility. Blindly following others' advice without forming your own opinion or applying critical thought is risky. This approach not only prevents you from refining your investment skills but also increases the likelihood of financial losses in the future.
2) There's a noticeable increase in misunderstandings in discussions, and many experienced figures in the community appear worn out, whether they express it publicly or in private. This suggests a new influx of participants who might not fully grasp their personal responsibility in investment decisions or the broader market dynamics. Embracing a humble attitude enhances learning opportunities.
3) It's essential to distinguish between long-term investing and short-term trading, identifying the assets, styles, and timeframes that suit your strategy. Over time, refine your approach by focusing on these elements.
Continuing, many try to tackle too much at once, casting a wide net in hopes something will work. It's crucial to understand that you can pursue anything you wish, but not everything simultaneously.
4) Understanding the background, reliability (especially through various market cycles), and the specific investment preferences of the experts you follow is crucial. Also, strive to comprehend their motivations behind their advice.
5) While preparation can increase your chances of success, luck still plays a role, and it won't always be in your favor. Some people think I possess a magic solution or algorithm due to past success, but that's far from the truth. I'm as fallible as anyone, and market predictions are always speculative, based on probabilities.
6) Idolizing figures in the investment world is a mistake; instead, develop your own viewpoints. Those who have achieved 'idol' status did so through innovation, not imitation. Engage with mentors or peers from whom you can learn and grow in a reciprocal manner.
7) Many approach the market with an overly simplistic mindset, categorizing everything as either positive or negative, smart or foolish. This binary thinking might offer short-term satisfaction but doesn't lead to consistent success.

Seeing all the recent craze over AltLayer after it's farming on Launchpool, but still don't know why people are buying $ALT ? Here's my ELI5 breakdown of the project!

1. Introduction to AltLayer: AltLayer is a protocol specifically designed for rollups, which are solutions in blockchain technology that help in scaling by handling transactions off the main Ethereum chain (Layer 1) and then posting the data back to it. AltLayer's role is to streamline and enhance this process.
2. AltLayer's Products - RaaS and Restaked Rollups:
- Rollups-as-a-Service (RaaS): This service by AltLayer allows users to create their personalized rollup solutions in a matter of minutes. A rollup, in simple terms, is a way of bundling or 'rolling up' transactions to reduce the load on the main blockchain. What AltLayer does is provide a platform where creating a rollup becomes as easy as a few clicks, taking care of all the technicalities and management for the team.
- Restaked Rollups: While the concept of RaaS isn’t exclusive to AltLayer, as seen in other examples like Caldera and Conduit, AltLayer brings a novel innovation with its restaked rollups. These are an advanced type of rollups that integrate features from EigenLayer's restaking technology. This integration yields three significant enhancements:
1. SQUAD for decentralized sequencing, reducing the risks of centralization in handling transactions.
2. VITAL for ensuring the accuracy and integrity of the rollup's state.
3. MACH for achieving quicker finality, meaning faster confirmation of transactions.
3. Advantages of Restaked Rollups: Restaked rollups can be thought of as an upgraded version of standard rollups. They incorporate EigenLayer's technology to offer increased decentralization, better security, and enhanced performance. This means they are not only faster but also more reliable and secure compared to traditional rollups.
4. Addressing Centralization Issues: A common challenge with most rollups is the issue of sequencer centralization, where the entity managing the rollup has excessive control over it. AltLayer's approach, particularly through restaked rollups, moves towards mitigating this issue by promoting a more decentralized and secure framework. This advancement is crucial for the broader blockchain ecosystem as it aligns with the core ethos of decentralization in blockchain technology.
5. Accessibility and Ease of Use: One of the key highlights of AltLayer is its ability to democratize the creation and management of rollups. It makes it possible for individuals or teams who lack substantial funds or technical expertise to still have their custom rollup, decentralized and backed by Ethereum's security. AltLayer essentially bridges the gap between complex blockchain technology and its practical, user-friendly application.
Hope this helped! It's a rather technical piece, but always DYOR first.

In the upcoming week, Solana is set to witness its largest airdrop to date, focusing on the $JUP token. As the crypto community eagerly anticipates this event, here's an insightful analysis on the potential trajectory of $JUP and strategies for engaging with the airdrop.

Jupiter, since its inception in 2021, has been committed to crafting the finest decentralized trading experience within the Solana ecosystem. It accomplishes this by integrating a variety of DeFi functionalities into a unified application, prioritizing a user-friendly experience. Originally starting as a swap engine, Jupiter has expanded its offerings to include a diverse range of products catering to various user needs, such as Dollar-Cost Averaging (DCA), limit orders, perpetual trading, and more recently, a launchpad.
In 2023, Jupiter experienced remarkable growth, with its monthly volume increasing tenfold - from $650 million in January to a striking $7.1 billion in December. This surge peaked in November with a record-breaking monthly volume of over $16 billion. Such growth has cemented Jupiter's position as a key component of the Solana ecosystem, accounting for over 70% of the organic volume among all Solana DEXs and becoming the go-to platform for retail traders on Solana.
Looking ahead to the launch of $JUP , it is anticipated to differ from JTO, but some parallels can be drawn. The first day of trading is expected to be highly volatile, presenting opportunities for short-term traders. Similar to JTO's launch, $JUP might experience a significant initial increase - potentially doubling the initial reference price, indicating a selling opportunity. Conversely, a decline exceeding 50% from its initial price could present a buying opportunity.
During JTO's launch, pricing the token involved considering the relationship between JTO's Fully Diluted Valuation (FDV) and LDO’s FDV. Ratios above 1.6 signaled an overbought situation, while 0.4 indicated a strong oversold condition.
Applying this valuation approach to $JUP is challenging due to its multifaceted nature, combining features of an aggregator DEX, perpetuals, DCA, and a launchpad. The closest peers for valuation comparison seem to be Uniswap, dYdX, and DAO Maker, leading to an approximate FDV of around $10 billion. This combined FDV figure, along with key levels of the JTO/LDO FDV ratio, can be used to estimate $JUP 's price under different scenarios, aiding in decision-making about buying or selling $JUP .
Current market conditions, however, are not as bullish as they were during JTO's drop, which could negatively impact $JUP 's initial price. Additionally, the JTO airdrop was distributed among 10,000 users, while JUP is reaching nearly a million users. This widespread distribution suggests there might be fewer initial buyers for JUP compared to JTO.
The market's expectations for JUP are significantly high, and when expectations are universally shared, outcomes often diverge from predictions. It's highly probable that the release of JUP will stimulate a notable increase in on-chain activity. Many might view this as an opportunity to venture into higher-risk investments using what is perceived as “free money” from the JUP airdrop.

If you're currently experiencing strong emotions, it might be a sign that your belief in your holdings isn't strong enough.
True conviction isn't developed by merely mimicking others' investment choices.
Gaining conviction is a process that requires time, thorough research, and a well-defined investment thesis.
Without this conviction, market volatility will always be a threat, potentially leading you to hastily sell your assets.
Experiencing the full benefits of altcoins requires the conviction to endure significant market dips.
Both conviction and patience are essential to realize exceptional profits from a complete market cycle.

Think of this as a reality check, especially if you've been tempted by fleeting trends promoted by key opinion leaders (KOLs). Look at KUJI's chart.

It's often smart to step back, examine important data, and regain a broader perspective to avoid:
- Getting unsettled by short-term market fluctuations.
- Engaging in risky speculation driven by KOLs' 100x memes, which statistically leaves 90% on the losing side.
- Pursuing fleeting gains and incurring significant transaction fees on platforms like Ethereum.
Here are some key points to consider:
1- In the previous cycle, it took $BTC 330 days to surge from its past cycle's all-time high (ATH) to its peak of $69k. As of now, $BTC is still 36.8% below its ATH, indicating an early phase in the cycle.
2- Conservative analyses predict $Kuji staying above two digits, making it a reliable metric for chart analysis.

2- Important data trend: consistent upward trajectory. The growing user base is a strong indicator of potential price increases. It's hard to envision a scenario where this doesn't lead to price appreciation.

3- The "Real Yield" bullish argument is becoming evident, and it's there for anyone paying attention.
4- Robust roadmap ahead:
- Introduction of perpetual contracts
- Launch of various new projects
- Airdrop events
- Listings on centralized exchanges
- Development of Sonar and more
Surprisingly, many in the crypto community (CT) are still unaware of this. This insight is your advantage.
Conclusion:
The bull cycle is only just beginning. Kujira has already surpassed its ATH twice and continues to grow organically in multiple facets. If you've been optimistic about Kujira, your rationale should now be even more solidified.

$SOL had its time in the spotlight, but $SEI is the emerging blockchain star, having surged by 700% in just two months. It's still early days for $SEI , and there's tremendous potential for growth, especially with new, low-cap projects on the horizon.
Here's a rundown of six $SEI projects that could offer significant returns in 2024:
1. Kryptonite Finance ($SEILOR): This project focuses on Sei Liquid Staking, where you can stake $SEI for $stSEI. With a current market cap of $35M, it has room to grow, considering the success of LSDs on other platforms like ETH and SOL. $SEILOR currently has a $40M market cap and is priced at $0.075.

2. Sensei Dogi ($SENSEI): A meme coin on Sei with a smart contract renounced and a recent $340K burn. With a market cap of $2.6M and a price of $0.0026, its popularity and potential growth could be significant, especially with ongoing marketing efforts.

3. Silo Stake: This is an upcoming Liquid Staking protocol on Sei. While it doesn't have its token yet, it shows great potential for an airdrop. This early-stage project is one to watch closely.
4. Cook ($COOK): Recently surged by over 350% and is making waves in the meme coin community on Sei. With a market cap of $3.6M and a price of $0.0036, it's drawing attention from big influencers in the Sei space.

5. Seiga ($SEIGA): Touted as the first retro meme coin on Sei, it has no presale and is very active on social media. Its market cap sits at $1.2M, and it's priced at $0.000029, making it an attractive option for potential investors.

6. Poker Kings ($PKS): Offers an on-chain P2E Texas Hold'em poker game, comparable to casinos on $SOL. With a market cap of $700K and a price of $0.007, this GambleFi project in the growing blockchain has the potential to reach a $5M market cap.

The BRC20 token standard, an experimental protocol on the Bitcoin Blockchain, is gaining traction in the cryptocurrency world. These tokens use ordinals to encode and decode data such as texts and images within Bitcoin transactions. While BRC20 presents exciting possibilities, it currently faces limitations, especially when compared to the more established ERC20 token standard.

BRC20 tokens currently do not support the creation of a decentralized finance (DeFi) ecosystem due to their limited functionality, which is restricted to minting and transferring. This lack of complexity has made it challenging to drive adoption for BRC20 tokens. To increase adoption, there is a need to integrate BRC20 tokens with existing DeFi ecosystems on popular chains such as Ethereum, Avalanche, and Solana. The introduction of inscriptions on these chains has lent credence to the potential of BRC20 tokens.
One notable solution to this challenge is the development of cross-chain bridges. These bridges are designed to connect BRC20 assets to other blockchain networks, making them accessible on decentralized exchanges (DEXs) like Uniswap. This connectivity enables users to trade and invest in BRC20 assets, potentially creating a positive feedback loop for adoption.
The first project to embark on building a cross-chain bridge between BRC20 and ERC20 tokens was OrdBridge, followed by Multibit_Bridge. Multibit launched the first-ever cross-chain bridge in this domain and quickly gained prominence, achieving over $450 million in volume. Despite its success, Multibit's bridge, which follows a typical burn and mint model, has been subject to security concerns, including vulnerabilities that could potentially lead to the draining of user funds.
OrdBridge has placed a greater emphasis on security. For example, they have implemented measures to prevent the infinite minting of ERC20 wrapped tokens and maintain a unique on-chain entry for every transaction to avoid network failures. In terms of product development, OrdBridge has successfully launched a BRC20 bridge for Ethereum and Avalanche, achieving over $25 million in volume since its launch.
OrdBridge's smart contract operations, including ERC-20 token minting and burning, have undergone an audit by bytes032, with identified vulnerabilities being addressed. On the token side, they offer a native token $BRGE on the BTC chain and $wBRGE on the Ethereum chain, allowing holders to earn a share in protocol revenue.

Looking forward, both Multibit and Ordbridge have ambitious plans to expand BRC20 bridges to other chain ecosystems, with Multibit planning a BRC20 to Solana bridge and Ordbridge launching a BRC20 to Avalanche bridge. As an incentive for early adopters, OrdBridge is offering a fee waiver until January 16, after which standard fees will apply!

Real-world asset (RWA) projects are increasingly gaining traction in the cryptocurrency market, showing promise of capturing a significant market share in the next couple of years. The launch of tokens in these projects during a bull market phase can lead to substantial gains, sometimes ranging from 30 to 100 times their initial value.

The RWA sector is attracting the attention of institutional investors, who have the capability to introduce a large number of new participants into the market. For those unfamiliar with the RWA ecosystem, it's important to understand its potential and keep an eye on emerging projects.
Here’s a look at some RWA projects that are yet to release a token but are worth watching:
1. Parcl: A real estate platform on the Solana blockchain, Parcl allows investments in digital square feet of real estate in prime US locations. The platform offers advantages like no minimum investment, immediate liquidity, and low transaction fees. Parcl raised $11.6M from various investors, including Solana Ventures and Dragonfly. They plan to convert points earned by users into $PRCL tokens, making their airdrop potentially significant.
2. Ostium Labs: This platform enables the trading of tokenized commodities and exotic currency pairs on Arbitrum. Ostium has raised $3.5M from investors like Balaji Srinivasan and Susquehanna International Group. Their model is similar to Perp DEXs and opens up previously inaccessible assets to crypto markets.
3. Avantis: A protocol for synthetic derivatives, Avantis allows trading of crypto and real-world assets with up to 100x leverage. They've secured $4 million in funding from investors like Pantera Capital and Galaxy. The platform is currently running a public testnet.
4. Mogul: A property investment platform on blockchain, Mogul charges a fixed fee on property occupancy and reinvests it in property raising. They focus on properties with high rental values and have raised $3.6M from investors like Blizzard Fund.
5. Credix: A decentralized credit platform targeting borrowers in emerging countries. Credix connects institutional investors with credit opportunities and has raised $73.5M from investors like Solana Ventures and Circle.
6. IYK: IYK assists brands, musicians, and creators in creating digital-physical experiences. They offer NFC chips for tokenizing physical products and events, and have raised $16.8M from investors including Andreessen Horowitz.
7. Dinari Global: The dShare Platform by Dinari Global focuses on tokenizing publicly traded corporate equity securities. They've raised $7.5M from investors like 500 Global VC.
Venture capital investment in RWA projects is expected to increase in the next six months, acknowledging the potential of this industry. It's crucial to monitor these projects closely and aim to get involved early, especially as many seek to launch their tokens during a bull market.

Remember that guy who transformed a mere $300 into a whopping $100,000+ on $WIF? He now has more than that, since WIF increased in price. This remarkable feat highlights the potential of lowcap tokens and memecoins, where fortunes are seemingly conjured from thin air.

During the current frenzy of memecoin trading, missing out isn't an option for the astute investor. Social media is abuzz with anecdotes of individuals who've turned a $1,000 bet into substantial wealth, even if they didn't jump in at the inception of trading. Reflecting this trend, at least five memecoins have clawed their way into the top 100 coins by market cap, a number that's expected to grow within a year. The key to their success? Robust communities that propel these coins to dizzying heights.
Here's a spotlight on 5 low-cap tokens that could potentially be the next one, each with its unique flair:
1. $ANALOS (Analos Coin): A new entrant in the Solana ecosystem, $ANALOS, with a market cap of $3.6M, has already created a buzz. Distributed via airdrop to active Solana users, it’s riding a wave of hype and could amass a significant community.
2. $KIRA (KiraOnINJ): On the Injective platform, $KIRA has expanded its user base from 2k to 130k wallets in a month. With a market cap of $15M, it’s following the tracks of leading memecoins and showing promising trends.
3. $NOLA (NOLA Coin): Launched recently on Arbitrum, $NOLA has garnered strong support from the community, reflecting in its $16M market cap. It’s an example of how active community backing can propel a token's value.
4. $POPCAT (POPCATSOLANA): Popular among Solana's "degens", especially cat enthusiasts, $POPCAT, with a market cap of $13M, is creating lively discussions and engagement within the community.
5. #1CAT (BitcoinCats1Cat): A GameFi platform on the Ethereum network, BitcoinCats aims to bridge Bitcoin and EVM networks, creating a novel gaming ecosystem. Its market cap stands at $27M, showing potential for growth.
Remember, these are not formal investment advice but rather insights into the wild, often unpredictable world of cryptocurrency plays. Whether you're in for the thrill or the potential gains, understanding the volatile nature of these assets is crucial in making informed decisions.

I compared INJ when it just hit $22 last week, and it is even more wilder now. Let me dive in below, but first, let's explain the context...
It is undeniable that there are claims and speculations in the crypto community suggesting that 'INJ is being manipulated by their VCs & market makers.' This perception has raised questions about the current valuation of Injective Protocol ($INJ ), especially when compared with its Total Value Locked (TVL) and the scope of its protocols. With a TVL of merely millions and hosting only seven protocols, Injective's valuation stands at a remarkable $3.2 billion++, this is ridiculous from a stats viewpoint!
Take a closer look, HelixApp, the largest protocol on Injective, processed around $74 million in a 24-hour trading volume as of Dec 14. This number is relatively modest when compared to other perpetual exchanges, which are valued between $200 million and $300 million in Fully Diluted Valuation (FDV). In terms of daily volume, according to DefiLlama, Injective's chain sees between $5 and $7 million, significantly lower than Solana’s $500 million to $700 million, and Ethereum's mainnet which often surpasses $1 billion.
The striking disparity between Injective's high valuation and its relatively lower performance metrics has led to a debate over whether $INJ is overvalued.
While Injective boasts a robust community, substantial funding, and well-structured tokenomics, it has yet to deliver a product commensurate with its market valuation. This perceived mismatch between the market value and actual utility or adoption is a point of contention and suggests a disconnect between price action and real-world usage!
On the other hand, let's compare to a closer network Kujira, which also hosts ex-Terra projects similar to Injective's ecosystem. Here is a past comparison I did last week, when INJ was just $22.

$KUJI is often cited as an undervalued entity in the space. Kujira has been recognized for generating higher fees and its approach to distributing these fees to stakers, contrasting with Injective's inflationary tokenomics.

Of course, I believe $INJ can hit 100, but at current stage, it will be with the help of MEMECOINS and their Market Makers.

The impact of memecoins on the market is significant and should not be underestimated. They have demonstrated the potential for enormous returns, as seen in the cases of $BONK , $COQ, and $SATS, where investors have seen returns ranging from 8,600% to 30,000%. The allure of turning a small investment into a substantial sum is quite compelling.

Take, for instance, the case of $BONK . An initial airdrop of 552M tokens, initially valued at around $8, surged to an impressive ~$12,000. Similarly, had an additional investment of $72 been made, it could have grown to $120,000, exemplifying the concept of turning a modest $100 into a staggering $100,000.
Another notable example is SRC20 (STAMPS), where a $100 investment could have ballooned to about $50,000 in just seven months, marking a 500x return.
I have gathered a selection of promising memecoins across various blockchain platforms, including Avalanche, Solana, Injective, BRC20, and CBRC-20. These coins represent not just potential financial gain but also the excitement of participating in the evolving crypto landscape.
Avalanche Memecoins ($AVAX):
Avalanche's recent surge has reignited interest in its memecoins. Notable ones include:
- $COQ: With a price of $0.00000013 and a fully diluted valuation (FDV) of $90M.
- $WOLF: Priced at $0.0041, with an FDV of $6M.
- $BEAR: Listed at $0.00000048 and an FDV of $2M.
Solana Memecoins ($SOL):
Following the Solana Breakpoint Conference, the chain witnessed a revival, marked by lucrative airdrops like $JITO. Memecoins of interest here include:
- $RBT (Ribbit): Priced at $0.00000082, with an FDV of $3.3M.
- $RBT (Dogwifcoin): Trading at $0.068, with an FDV of $68M.
njective Memecoins ($INJ):
Injective's impressive price surge has made its memecoins quite attractive, especially with the anticipated airdrop season. Key coins include:
- $KIRA: Valued at $0.00012, with an FDV of $8M.
- $NINJA: Priced at $0.0047, with an FDV of $4M.
BRC-20 and CBRC-20 Memecoins ($BTC):
The Bitcoin ecosystem's growth has led to the creation of memecoins utilizing the BRC-20 protocol. Some of these include:
- $PIZZA: Priced at $0.77, with an FDV of $21M.
- $NOOT: Trading at $0.0027, with an FDV of $2.7M.
While investing in memecoins can be likened to gambling due to their inherent risk, the key to potential success often lies in the strength and engagement of the community backing the token. The more support a memecoin garners, the higher its chances of growth and profitability.

Delphi Digital makes millions by investing in crypto startups. This year alone they invested in 15 companies & tracking their investments helps us spot new narratives. Here is the complete list of Delphi_Digital investments in 2023!

1. Injective_:
Injective is one of the most hyped DeFi Ecosystems of this cycle. In January, they raised $150M to accelerate their interoperability & DeFi infrastructure. The money will be used to fund projects building on the Injective -airdrops season incoming?

2. KarateCombat:
Karate Combat is the world’s premier full-contact striking league claiming to have 200 million digital views per month. They raised $18m in their funding round in April 2023. To my surprise, the announcement about their raise got deleted from their website.

3. jungle_xyz:
Jungle is a web 3.0 gaming studio. They raised $6m in their Seed Round & they are currently working on a Next-gen mobile tactical shooter.

4. 0xPFL
The Polygon FastLane is a protocol to compensate validators, reduce transaction spam, and improve network health. They want to monetize propagation bottlenecks in the p2p layer Polygon. A complicated way to say that they make money with MEV transactions.

5. anoma
An intent-based architecture for decentralized counterparty discovery, solving, information flow control, & multi-chain atomic settlement. Overall I'm very bullish on intent-based protocols. This is a protocol to keep an eye on.

6. LensProtocol
Lens is a Web3 social graph on the Polygon. They are building the technology that powers the Web 3.0 version of social media. With Lens, you can truly "own your followers" similar to how you can own "in-game assets" in Web 3.0 games.

7.HyperPlayGaming: A web3 native game launcher and game store aggregator. It allows you to bring your wallet, tokens, and NFTs into every native or browser game. A cool project that I have to do more research on when I have time.

8.Neutron_org Cross-chain CosmWasm Platform secured by with interchain security from the Cosmos Hub (Cosmos Consumer Chain). Neutron (together with SEI) is one of the Cosmos chains that I'm closely watching. They didn't fully convince me yet to accumulate their token.

9.Aark_Digital A perpetual exchange on Arbitrum. I'm not exactly sure when Aark is going to launch their token but they do insane trading volume already - $1,879,336,072.

10.RiscZero: An Infrastructure & tooling project that empowers developers who want to build with ZK technology. Definitely a cool project for developers but maybe not the most interesting for retail.

11. ethena_labs Ethena is creating infrastructure to transform Ethereum into the first crypto-native yield-bearing synthetic dollar that is not reliant on the banking system: USDe I love how they say "synthetic dollar" instead of stablecoin.
12.grvt_io The next-gen hybrid derivatives exchange. Allows to trade on the next-gen hybrid exchange with up to 600k TPS, self-custody, and zk-powered privacy.

13.HYTOPIAgg HYTOPIA is a collaborative Web 3.0 game built by a community at the forefront of Minecraft's modding and third-party games. Their mission is to encourage innovation and collaboration among a community of players & driven content creators.

14.avalon Avalon is a Web 3.0 gaming studio that is building interoperable and multi-genre MMORPs to enable players to seamlessly create the worlds of their dreams.

The secret to the next 100x lies in real-world integration! Decentralized Physical Infrastructure is crafted to do just that. Check out some DePIN ecosystem and projects that can bring massive gains in 2024-2025.

➜ DePIN stands for Decentralized Physical Infrastructure Networks It represents a novel approach to constructing and managing physical infrastructure This term encompasses a wide range of systems, including Wi-Fi access points in wireless nets or solar batteries in energy grid.

Large corporations traditionally dominate the deployment and management of physical infr like cloud services, wireless, mobile and power nets. This creates monopolies, limiting competition and innovation due to high capital requirements and logistical challenges.
The ecosystem includes several sectors: ➜ Cloud networks: VPN, CDN, File Storage, Databases ➜ Wireless: 5G, IoT ➜ Sensor networks ➜ Energy networks In simple terms, DePIN has the potential to significantly improve and revolutionize real-world infrastructure.

Now, let's explore some intriguing projects that have the potential to attract significant attention and generate substantial profits within the next 8-20 months ⇩
◢ peaqnetwork - $KREST
➜ Krest is peaq's canary network, facilitating innovation and experimentation within the peaq ecosystem. It allows the peaq community to launch dApps and tools to assess their impact without real-world risks. $KREST will be used for fees, economic incentives and rewards for community initiatives such as connecting devices for machine simulation.

◢ cereofficial - $CERE
➜ Cere is a blockchain-based customer relationship management ecosystem. It's part of a Polkadot and Cosmos consortium, built on Polkadot's scalable platform. It focuses on decentralized data cloud, optimizing service data integration and collaboration.
Cere provides direct access to real-time data for all business units, partners and machine learning processes.

◢ DIMO_Network - $DIMO
➜ DIMO enables drivers to collect, use and monetize data about their vehicles. Developers and data users access this data to build applications and services on a stable open platform, reducing the cost of providing better products and services to users. Empower developers and data consumers to license new technologies, improve existing businesses, and create new applications.

◢ CUDOS_ - $CUDOS
➜ CUDOS is a decentralized blockchain network providing scalable cloud computing resources for Web3 developers and enterprises. It offers virtual machines for running dApps and AI workloads. CUDOS provides an ultra-scalable, cost-effective network with high bandwidth and cross- and multichain capabilities.

◢ wicrypt - $WNT
➜ Wicrypt is a decentralized network that allows users to sharing and monetize mobile internet. It acts as a virtual internet provider, giving users control over their own data. Protocol ensures encryption, charges based on data usage, and credits the host. The network is decentralized. Users can buy a supported router, install Wicrypt firmware, and create a Wi-Fi zone. Others can connect and access the Internet within range.

It is evident that DePIN has the capability to seamlessly integrate into real world, disrupt the monopoly of large companies, and promote innovation. These factors contribute to its immense potential for expansion. However, it is essential to bear in mind the associated risks.