SCOOP’S TL;DR

📈 MARKET SENTIMENT

• Friday was explosive. Bitcoin pushed past the ATH mark taking us just over $70K. We are in unprecedented times for the crypto markets. Pushing past the previous all-time high ahead of the halving is simply unbelievable.

🏋️ BARBELL’S WEEKLY PICK

• $NAKA - NAKAMOTO GAMES

🗞️ TOP STORIES

• Revolut Ramp

• Binance Perfume

• SafePal Venture

🏆 WEEKLY WINNER

• $JUP

😡 REKT SECTION

• 609.SOL

💎 PREMIUM SCOOP

• We recently doubled down on this AI Project ahead of the NVIDIA AI Conference.

  

• Crypto Total Market Cap $2.6T - 24/hour change +2%

• Majors - 24/Hour change

  • BTC - $68,333 - +1.65%

  • ETH - $3898 - +0.50%
  

  • Friday was explosive. Bitcoin pushed past the ATH mark taking us just over $70K. We are in unprecedented times for the crypto markets. Pushing past the previous all-time high ahead of the halving is simply unbelievable.

  • We would like to see Bitcoin range here for a while, but don’t be surprised if it smashes past $70K next week.

  • But this cycle, we have institutional inflows, so is this surprising? We have had a floodgate of capital open to Bitcoin, and we believe the majority are underestimating its effect on the market.

  • The reason we say this is because, many analysts believe we are going too high too quickly, resulting in an accelerated, shortened cycle.

  • We are wary of this being the case but on the contrary. Let’s keep it simple. we have the biggest capital inflows into Bitcoin we have ever seen & the infrastructure in place to facilitate it. The capital inflows have only just started to ramp up and we have a supply shock ahead of us with the halving. So why would the market just pack up and leave so soon?

  • We believe the real meat of the cycle is still to go. It is wild times, and the longer Bitcoin holds/ranges at these levels the more explosive a full-blown Alt season will be when BTC dominance drops.

  • ETH edging closer to the elusive 4k mark, currently hovering at 3942. SOL showed impressive gains this week, nearly hitting 150 and now resting at 146. The outlook remains bullish on all three of these coins. If you prefer a hands-off approach, simply holding onto these positions and riding out the volatility might be the easiest strategy for now. Memecoins saw a slight dip on Thursday but bounced back hard on Friday with PEPE, WIF, DOGE, BONK, and SHIB all showing gains of about 25-35%. Memecoin activity typically picks up over the weekend, fueled by increased leisure time for traders and the absence of ETF-related BTC volatility. Thursday saw an influx of nearly $500 million in ETF inflows, contributing to the ongoing market momentum.

  • Bitcoin/dominance

  • Bitcoin dominance still sitting just below 54%, not quite as low as we would expect for a full-blown ALT season, but that being said ALTs, especially in Memes, AI & Gaming are starting to show fierce momentum. More of this to come.

    Ethereum

  • Bitcoin has shown its hand, and in the last week, it has been ETH’s turn to party. The asset is so close to breaching 4K you can taste it. We expect to see ETH begin to outperform BTC significantly. What goes next? The Alts.

    ALTs

  • ALTs are beginning to lead the dance with AI & gaming coins waking up today & choosing violence. If Bitcoin can continue this range for a few days. Expect to see aggressive price action to the upside.

  Start your free premium trial

  🔮 NARRATIVES TO FOCUS ON IN 2024

• - AI Infrastructure / Autonomous agents

• - GPU / Cloud Computing

• - Gaming / Game-fi

• - DEPIN (Decentralised Infrastructure)

• - RWA - Real-World Asset tokens

• - Memes - (you’re not too good for them)

• - BTC Defi / BRC20

• - New Layer 1’s

• - Parallelization EVM / Modular Blockchains

• - Solana Killers

  

  Be the envy of friends…

  Become a member of Triple Scoop Premium to be the first to hear about the latest gems & undiscovered projects this bull cycle.

  Start your free premium trial

🏋️ BARBELL’S WEEKLY PICK

In each issue, our Founder ‘Jack Barbell’ delivers a hot rising star crypto asset that is yet to explode.

You can Follow Jack Barbell on X - @thebarbell_

Project - $NAKA - NAKAMOTO GAMES

Twitter ‘X’

Chain - Polygon

Marketcap - $196M (Premium subs got this at $36M)

Start your FREE trial to Scoop Premium & Subscribe For The Next Hot Gem

Tokenomics - 40% diluted

Risk - 6/10

Where to buy? - BINGX/ KUCOIN / MEXC

Scoop’s take

Last week, we discussed our increased interest & conviction in AI with the upcoming NVIDIA conference. On top of that, we shared our conviction in how gaming is ripe for disruption through crypto & web3.

As well as AI, it is starting to make serious sense to have exposure to the gaming category ahead of the bull. One project that still pretty low market cap compared to its competitors is Nakamoto games, in-game currency $NAKA, $NAKA tokens act as the primary in-game currency, enabling players to purchase ammunition, weapons, and other essential items within the gaming ecosystem. When players spend $NAKA tokens in-game, a portion of them is systematically burned, while the remaining tokens contribute to funding weekly prize pools for the top-performing gamers.

Nakamoto Games has a fully-fledged working suite of playable games, both free & play to earn. We have tried out the games & whilst we aren’t huge gamers ourselves, it is clear the games, are functional, fun & actually work. This isn’t a promise of future plans, the product is live today.

The $NAKA token serves as a powerful tool to motivate developers to create and introduce new games and features for the Nakamoto Games platform. This incentive structure ensures a continuous flow of fresh and innovative content, enhancing the overall gaming experience for players.

As far as gaming ecosystems go. We love Naka. Strong branding, Functional product, thriving community, and a market cap that has a huge room for growth.

Our recommendation, check them out, visit their site & try the games. This one could be a runner.

🌐 TOP STORIES

Revolut Ramp - Another Simplifier For The Masses

At a glance 🔎

• The digital bank has launched Revolut Ramp to make it easier for customers to purchase crypto.

• They have teamed up with MetaMask to allow users to add funds to their MetaMask account directly from their Revolut account

• The product has launched in the U.K. and European Economic Area.

🕵️ Scoops take:

When you see the bullsh*t that has gone on with traditional banks making crypto life a living hell, this is exactly what we want to see.

Progressiveness might not catch on with the “boomer banks” but you know how this goes…Open a Revolut account and close the HSBC one.

This will be massively beneficial to users across the continent (with a hopeful global rollout) as gone are the hurdles of maximum deposits / maximum withdrawals / automatic notification to the IRS equivalent of activity and most importantly we can deposit directly into Metamask with fiat currency.

Let’s get depositing.

We recently doubled down on this AI Project ahead of the NVIDIA AI Conference.

Find out why we are so bullish.

Start your free trial of Scoop Premium today & get your next 4 Premium issues Free with 2-week Free trial. Then just $10 a month.

Start your free trial and unlock this low-cap gem

Binance Perfume - Can you smell that?

At a glance 🔎

• Binance has launched a new perfume attempting to attract more women to crypto.

• The scent is said to be “blending finance with fragrance”

• The move comes ahead of International Women’s Day on the 8th of March

🕵️ Scoops take: 

You would think that a bunch of misogynistic men have come up with this idea…let’s bring women to crypto with perfume. Wrong, it was CMO Rachel Conlan.

In terms of the smell, nailing it may not be accurate - 24-hour care of the portfolio and skipping a shower or three is how this bull is treating us.

We don’t know about you, but the last thing we need is some gender disputes hitting the space, we are all DEGENZ!

If anything, we don’t just want women coming to the space, we want everyone. So, grab the bull by the horns and the wealth will be astronomical for us.

CZ didn’t “die” for this.

SafePal Venture - Another Tool for the Community.

At a glance 🔎

• Crypto wallet SafePal has launched a USDC Visa card.

• Users can open an account and use USDC stablecoin as the default deposit currency.

• The company has invested in Swiss bank, Fiat24, to accelerate the bridging.

• Users will be able to swap their coin holdings into USDC via Arbitrum. The USDC can then be stored in U.S Dollars, Euros or Swiss Francs to be used in transactions and expenses.

  🕵️ Scoops take:

It’s just like waiting for the bus, you wait forever for one and then two come along.

The winners, once again, are the consumers.

We are entering a place where the crypto world is becoming so populated, that companies are delivering more and more to win the custom.

It’s like being an influencer without having to influence - enjoy everything that comes your way and find out what works for making your life easier.

Things will only get better from here.

🏆 WEEKLY WINNER🏆

$JUP

The bull charges on.

The latest to lap it up is Jupiter’s token $JUP.

The token has burst through the $1bn market cap and is up 32% in the last 7 days and 46% in the last 30.

Its market rank may be #101 but that is just a testament to how those not at the very top are smashing down $1bn.

😡 THE REKT SECTION 😡

609.SOL

Sometimes fumbling the bag is an inconvenience, and other times it is devastating.

In this instance, 609.SOL has laughed it off but it is a major blunder.

He sold his WIF holdings for $800 and if he held on, it would be worth $13,795,900.

The only positive to take is more plays like this can exist in the bull!

Feast your eyes on the delights, surprises & Alpha below.

Subscribe to Triple Scoop Premium to read the rest.