Hi Investor 👋
welcome to another free edition of Altcoin Investing Picks.
I hope you enjoyed our last issue ”How to include crypto in your asset allocation”
In today's newsletter:
💡 Best Free Tools For Catching Narratives
📣 Telegram CEO Pavel Durov Arrested in France
📈 Stablecoin market cap hits new all-time high
💡 Insight
Best Free Tools For Catching Narratives
Narrative are trending ideas and beliefs that influence how people see and value tokens.
They have the potential to impact investor sentiment, market trends, and even the adoption of new technologies.
Some tokens (that can be considered overvalued by all metrics) can still pump and continue being top performers, while other undervalued ones (but which get no attention at all) continue to underperform.
This is because crypto is an attention game: to make money in this market it’s crucial to bet (also) on projects related to hot narratives.
In this issue, we’ll covering 3 free tools that you can use to keep track on the latest market trends:
Let’s dive in 👇
1. Artemis Sector Tracker
Artemis Terminal is a no-code interface for crypto analysts (Bloomberg for crypto). The sector tracker allows users to monitor the performance of different sectors and ecosystems like Smart Contract Platforms, Exchange Tokens, Store of Value, Memecoin, DeFi, DePin, Gaming & more.
2. Cryptokoryo Narratives Dashboard
This dashboard provide a deeper look into the tokens composing different narratives in crypto.
The dashboard contains 3 main sections:
Narratives Overview
Narratives Breakdown
Ecosystem Breakdown
3. DefiLlama’s Narrative Tracker
DefiLlama’s Narrative Tracker is an easy-to-use tool you can use to discover the top performing narratives over a certain period and the top projects inside those categories.
📣 News
Telegram CEO Pavel Durov Arrested in France
Pavel Durov, the founder and CEO of the popular messaging app Telegram, was arrested around 8 p.m. last Saturday evening. The alleged offenses include terrorism, money laundering and fraud, among others.
Toncoin ($TON), the native cryptocurrency on The Open Network (a decentralized layer 1 blockchain) dropped by over 10% after the arrest.
Nevertheless, we think TON is setting up to be one of the main alt-L1s this cycle:
📈 Signal
Stablecoin market cap hits new all-time high
Since the beginning of 2024, the stablecoin market cap has continued to grow, according to DefiLlama data.
A rising stablecoin market cap may indicate that crypto is attracting more money from institutional investor.
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That’s all for today!
Cheers