Top 6 Monthly Watchlists (April)
• $JTO
- Jito is the most underrated among the new $SOL Eco projects (PYTH/JUP/JTO).
- Wormhole, Parcl, Zeus Network, Kamino Finance, Ionet, Tensor, and Drift protocols are all gearing up for April token offerings.
- Jito = Lido + Flashbots.#JITOSOLis one of the best LST on solana.
- Ethena Labs’ high revenue comes from $sUSDe, which can be said to be the “Anchor x Luna” of this cycle.
- Arthur Hayes Proactively Promote - It is important to consider the growing importance of KOLs.
- Ethena will add $BTC as collateral, which is expected to accelerate TVL growth and be reflected in the $ENA price.
• $BICO
- Biconomy’s solutions are used by multinational companies such as JPMorgan Chase and Mercedes-Benz.
- Jump Capital/Manifold Trading participated as an investor in a recent strategic funding round. (possibility of market making)
- Although relatively unobtrusive, Biconomy has a high correlation with tokenization (RWA).
- Pendle is the best proxy for Eigenlayer. (Eigen-beta)
- Pendle Finance’s YT product generates returns that are multiples of your principal. (ETHFI/ENA airdrop)
- It caused market FOMO, causing Pendle Finance’s TVL and trading volume to reach new ATH daily
- Re-staking projects are preparing for their token offerings (Zircuit, Renzo, Puffer, Kelp, Swell, BedRock, etc.).
- Sui’s first global conference “Sui Basecamp” is scheduled for April 10-11.
- Speaker line-up includes multinational companies such as a16z, Visa, VanEck and Red Bull.
- Similar to Aptos, there are rumors that Sui may announce a major catalyst during the conference.
• $LUNA
- The outcome of the Do Kwon case may be known in April.
- If the results are positive or @stablekwonX (Twitter) recovers, $LUNA will experience upward momentum.
