September 22, 2024
4 Crypto Revolutions for Growth Investors
Dear Subscriber,
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| By Beth Canova |
Well, the Federal Reserve’s long-anticipated interest rate hike came … and went.
And while Bitcoin (BTC, “A”) has seen a boost in price to its current level near $62,000, Juan Villaverde believes this positive action may be just a near-term relief.
He says the Markets Are Not Linear, and that’s why the Fed’s shift regarding interest rates may not mean what you think it does.
More important than the Fed’s rate policy, according to Juan, is global liquidity. Not only are we starting to see signs of that picking up. In his latest Weiss Crypto Daily issue, Juan reveals one more reason to be bullish in the medium term.
And in the meantime, our crypto experts have found several interesting projects investors should keep an eye on.
The first is one Mark Gough brought to your attention a few weeks ago. But since then, This Rising Crypto Star Is Shining Even Brighter.
The star in question is Sui (SUI, Not Yet Rated). It is a groundbreaking Layer-1 blockchain platform with a goal to revolutionize the crypto world with unmatched transaction speeds, low fees and a pioneering asset ownership model.
It saw a 17% hike last week alone. In fact, it is now the 10th largest blockchain by total value locked. And in her breakdown this week, Marija MatiΔ reveals why Sui is only just getting started.
Mark Gough wants you to know about another interesting Layer-1 opportunity: Peaq (PEAQ, Not Yet Rated). And he says it could Break Big Tech’s Monopoly.
Peaq is a blockchain specifically for Decentralized Physical Infrastructure Network, or DePIN, projects which seek to bring decentralization to every industry … included those still firmly in the grasp of TradFi firms.
And with over 45 DePIN projects across 20 industries currently being built on its Layer-1 network, Peaq has several opportunities growth investors may be interested in.
According to Mark, DePIN is the cutting edge of blockchain technology. But there is another sector in its early days that could revolutionize the crypto market. And that is crypto derivatives.
In crypto, most decentralized finance derivatives take the form of perpetual futures, aka perps. Just like in traditional futures markets, a key metric to watch is open interest.
Open interest is a measure of sentiment. When it goes higher, that means more money is coming into that market.
For example, Bitcoin’s open interest has risen dramatically since mid-2022. Just two years ago, it was at $10 billion. Bitcoin’s open interest today is at $30 billion.
That’s why in his latest issue, Dr. Bruce Ng reveals Another Decentralized Derivative ‘Option’that you may want to keep on your watchlist.
Finally, Jurica Dujmovic wants you to know that Memecoins Are Getting Serious(ly Useful).
Now, it’s not all memecoins. But a select few are looking to adopt real utility. And by doing so, these projects are pushing the boundaries of what's possible when community engagement meets technological innovation.
In his latest issue, Jurica names six projects pushing the boundaries of what it means to be a memecoin. And he also reveals the pitfalls investors need to be aware of when researching these opportunities.
But that’s all for this week. Keep an eye on your inbox tomorrow for our next Weiss Crypto Daily.
Best,
Beth Canova
Crypto Managing Editor
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