The Current State of Crypto in 5 Graphs
PLUS: DeFi is cheap, Micro Altcoin Portfolio Update
Welcome to another free edition of Altcoin Investing Picks.
I hope you enjoyed our last issue “A Must Read Guide On Tokenomics”
In today's newsletter:
✅ The Current State of Crypto in 5 Graphs
💡 Opportunity: DeFi is Cheap
📈 AIP Portfolio Updates [Premium]
The Current State of Crypto in 5 Graphs
1. We're early in the cycle compared to prior ones
2. Corrections are part of the game
Previous cycles have experienced much deeper corrections ranging from -25% to -35% in 2016-17 and as deep as -50% to -63% during the 2020-21 cycle.
3. Liquidity is the same as in 2021, but the token count is 50x higher.
In other words, picking 100x tokens is much harder right now.
Here’s how we find micro-projects:
4. Bullish catalysts
5. Potential Bottom Signal: ETH sentiment is now at its lowest point in 2024, close to turning red
Opportunity: DeFi is Cheap
In the summer of 2020, the world of cryptocurrency witnessed a phenomenon that would later be dubbed the "DeFi Summer".
This period marked a significant turning point in the adoption and development of decentralized finance (DeFi) platforms.
Back there, users frequently hopped from one DeFi project to another, chasing higher incentives.
This euphoria generated tremendous sell pressure, combined with token unlocks for investors and team members, resulting in price losses of more than 80% from all-time highs.
Today DeFi leaders are generating all-time high revenues across the board while valuations are the cheapest they've been in history.
Want to invest (also) in DeFi projects?
Our Protocols & Products Portfolio is focused on fast-growing useful protocols and products:
Benchmark: 80% BTC / 20% ETH
The portfolio is weighted based on circulating market capitalization and rebalances every quarter.
ETH + SOL is capped at 70%.
Max number of altcoins: 10
Risk Level: Medium to Low
AIP Portfolio Updates [Premium]
Premium subscribers have full access to our collection of model portfolios to follow.
Each portfolio has a unique risk/return profile, to make it easier for you to invest in altcoins to reach your financial goals.
Updates
We added 3 new tokens to our micro altcoin portfolio.
Take action 🚀
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That’s all for today
Hope to see you on the inside!
Cheers