Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding
0·-Neutral
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news9/6news
Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding