ANALOS: THE NEXT BONK?

Author

The Triple Scoop
December 24, 2023

The Triple Scoop

 

GM to the 41 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

  • MoonPay Launches Streamlined Tool for NFTs

  • Yuga Labs Latest Creation

  • Bitcoin NFTs Soar

👨‍💻 WEB3

  • Addressable raises $6M for Web3 growth marketing

  • Crypto Training Demand Reach New Heights among Law Enforcement

  • China Vows to Clarify Web3, NFT Development Path

🪙 CRYPTO

  • BlackRock Could Destroy Bitcoin

  • $SOL rips past $100

  • Wildest 2024 Crypto Predictions

💎 PREMIUM

  • Find out what Smart Money has been buying & what they are bullish on

  • Crypto token that is poised to do the next $ INJ-style moon shot

  • Is this the next big meme on Solana?

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🎬 NFT:WTF - THE RISE & FALL OF NFTS

Once you have finished binge-watching Home Alone 1, 2 & 3 this Christmas, dive into this feature-length documentary that delves into the world of NFTs, featuring insights from key players like Damien Hirst, Beeple, and founders of influential NFT platforms. It explores the evolution, significance, and future of NFTs in art and culture.

⛓️ NFT’s

  • NFT Total Market Cap $7.95B - 24/hour change -0.97%

  • NFT Total Volume $19.2M - 24/hour change -12.96%

    Market Overview:

  • Node Monkes Hype: Monkes sell out at 0.03 BTC in Ordinals drops, hitting eight figures and creating a buzz in the crypto community.

  • ETH NFT Leaders Dip: Ethereum's NFT leaders experience a 4-5% drop on a red day with lower volume, showcasing the market's volatility.

  • Ghostly Ghosts Triumph: Ghostly Ghosts lead the pack, surging 170% to 0.4, proving that unexpected winners can emerge even in challenging market conditions.

  • Skyborne Gems and Immortals Rise: Skyborne Gems and Immortals jump 30-40%, demonstrating resilience and a steady upward trend.

  • SOL NFTs Downtrend: SOL NFTs, including Mad Lads and Tensorians, continue a downtrend, highlighting the fluctuating nature of the market.

  • Flash Trade and SOL Punks Rally: Flash Trade sees a 32% jump to 10.5 SOL, while SOL Punks rally 100% to reach 3.5 SOL, showcasing the dynamic nature of SOL NFTs.

  • Grapes' Fall: Grapes fall to 1.4 ETH, with $GRAPE token dropping to $0.09, resulting in an $18 million market cap shakeup.

  • RTFKT's 2024 Update: RTFKT shares exciting updates for 2024, hinting at the launch of Project Animus in Q1, adding anticipation to the NFT landscape.

  • Memecoin Madness: Omni goes wild, stealing liquidity across chains, causing a drop in most meme coins, but rebounds are witnessed the following morning.

  • NFT Rollercoaster Continues: The NFT market remains a dynamic space, with each day bringing new stories, dramas, and triumphs, offering a thrilling experience for investors and newcomers alike.

    Here is our list of solid pickups below.

    • CrypToadz by Gremplin

    • Parallel Avatars

    • The Grapes

    • Creepz

    • Opepen

    • The Captainz

    • Yoga Petz

    • Kubz

    • Pudgy Penguins / Lil Pudgys

    • Sproto Gremlins

    • MF’ers

    • OnChain Monkey

MoonPay Launched Streamlines Tool For NFTs - From a five-screen process to a four-click experience.

At a glance 🔎 

  • The new MoonPay checkout widget launched on Thursday.

  • The tool gets added to websites to let customers purchase NFTs using debit and credit cards.

  • Crypto wallets can also be generated.

  • The tool will work with NFTs across 41 blockchains.

  • Multiple NFTs can be minted in one transaction.

  • There is integration with Google and Apple and a streamlined process for KYC documents.

  • OpenSea, Magic Eden and ENS have implemented the tool.

🕵️ Scoops take:

Convenience is a major player here, anyone who has bought an NFT will know the pain of having about 5 tabs open and forgetting what page you need to be on.

Not only is this a major convenience saver, but it may even remove complacency with potential missteps eliminated.

From a five-screen process to a four-click experience, this is something we can get on board with.

At a glance 🔎

  • The aim is to bring CryptoPunks from the past into the present.

  • CryptoPunks721 is the new safe and efficient way to trade and custody the collection.

  • The new Stash contract will be deployed on behalf of each user.

  • Users will be able to wrap and unwrap in bulk.

  • Users can also directly migrate Punks from the old wrapper to the new one.

  • These latest changes will allow for easier trading and selling.

🕵️ Scoops take:

Convenience and protection are just what the space not only likes to see but also needs.

The options that holders now have are in in-line with the times, for example, borrowing against a Punk.

A criticism Yuga have faced over 2023 is that they may have over-diversified with collections. however, Punks are an integral part of the group so we see no issues with this latest move.

Merry Christmas, this week's premium is Free for everyone as a gift from the Christmas $DOGE! Enjoy the Alpha.

To access premium, scroll down to the bottom.

At a glance 🔎

  • They are ending 2023 in some style with $425m of sales this week.

  • The top 10 collections over the last seven days all stem from Bitcoin Blockchains.

  • Strong baseline values are now being established.

🕵️ Scoops take: 

They are not quite matching the value of leading ETH collections however they are setting themselves up for a massive 2024.

The recent auction conducted by Sotheby’s tells you all you need to know about the demand.

There remains a place for high-end digital art within the space and Ordinals seem to be on track to dominate.

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🌐 WEB3

At a glance 🔎

  • Addressable secures $6 million in funding for its Web3 growth marketing services, raising its total funding in 2023 to $13.5 million.

  • The funding will be used to expand Addressable's Web3 Growth Suite and extend its services to additional ad networks and blockchains.

  • Addressable offers a range of services, including attributing crypto wallet owners across 400,000 websites, and its platform integrates seamlessly with various analytics tools, enabling refined tracking of conversion events for Web3 companies.

    🕵️ Scoops take:

Addressable's $6 million funding boost signals the growing importance of Web3 marketing. In a world where Web3 technology is becoming integral, this funding empowers Addressable to revolutionise marketing with blockchain data insights. It's a game-changer, offering powerful tools to drive user growth at scale, especially in the gaming industry. This investment underscores the shift toward data-driven Web3 marketing, shaping the future of digital business strategies.

At a glance 🔎

  • 93% of global law enforcement agencies are in crypto training, with 99% seeing the need for more education.

  • 40% currently investigate crypto crimes, expecting a rise to 51% by 2027.

  • 50% of federal agencies use blockchain analytics; 11% of state agencies do. 80% prioritise blockchain analytics but face investigator, expertise, and funding shortages.

    🕵️ Scoops take:

A classic game cat and mouse. Law enforcement is suiting up for the crypto showdown, with 93% investing in crypto training. They're packing blockchain analytics tools, making it tougher for crypto crooks. Thing is, they're still short on experts. As cybercriminals nab billions, it's a high-stakes duel, and the law's stepping up their game…

  • China plans to release a Web3 strategy document to clarify the industry's development path, focusing on NFTs and innovative Web3 applications.

  • The strategy will address inheritance, innovation, security, and government responsibilities, with efforts to enhance research and talent in the field.

  • Despite its crypto ban, China has been active in Web3, issuing policy documents and conducting blockchain pilot projects in various sectors like energy, copyright, and trade finance to build a digital ecosystem.

China's move to clarify its Web3 strategy might seem surprising given its crypto ban, but it underscores the nation's recognition of the transformative power of blockchain technology. By focusing on NFTs and innovative Web3 applications, China aims to harness this potential for economic growth and digital ecosystem development. While regulatory concerns remain, this signals a nuanced approach that acknowledges the importance of blockchain innovation even amid regulatory constraints. It's a bit like seeing a strict parent gradually embrace new technology, cautiously but with an eye on the future.

🪙 CRYPTO CRUNCH

  • Crypto Total Market Cap $1.62T - 24/hour change +2.21%

    • SOL Hits New Heights: SOL reaches new year-to-date highs, surging to $114, outshining BTC at around 44K and ETH lagging significantly at 2290

    • ETH/BTC Dynamics: ETH/BTC hits new lows of 0.049 before bouncing back, while SOL/ETH climbs around 16%, marking new year-to-date highs for SOL.

    • Spot Buying Frenzy on SOL: The market witnesses a surge in spot buying on SOL, signaling ultra-bullish sentiment. Notably, funding rates for SOL remain more stable compared to the volatility seen in ETH and BTC.

    • INJ, AVAX Keeps Pace: INJ took a slight hit, but has swiftly recovered, AVAX seems to be keeping up with SOL amid dynamic market movements.

    • Memecoin Mania Persists: The craze for memecoins continues, with investors bridging to various chains to chase the hottest new memecoin trends.

    • Focus on WIF: Attention remains on WIF, one of the highest volume coins on Solana,(DOGWIFHAT) surpassing $BONK in on-chain volumes. WIF broke a $250 million market cap, now sitting at $180M, a remarkable increase from just a few weeks ago when it was at 1 million.

    • Solana's Bullish Momentum: The combination of increased activity and spot buying on Solana suggests a potential for further upward movement in its value.

    • ETH Catching Up: Despite SOL's dominance, there are indications that ETH might catch up, fueled by rumors of a potential BTC ETF approval, which could trigger a rally.

    • Shitcoin Caution: Amid the excitement, caution is advised with shitcoins as current liquidity may be overestimated, and there's a risk of a rapid drop-off. Profit-taking strategies are crucial in this dynamic market, where fortunes can change swiftly.

    Crypto narratives to focus on for the New Year.

  • - AI Infrastructure / AI tokens.

  • - Metaverse & gaming tokens

  • - Social-Fi / Gambefi

  • - RWA - Real-World Asset tokens

  • - New Layer 1’s

  • - Telegram trading Bot tokens

  • - Privacy Dex’s

Top Stories

  • Major exchange ‘MEXC’ Faces a big round of FUD

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😡 THE REKT SECTION 😡

Kevin Rose

We have been massive fans of the Moonbirds founder in the past but the latest developments show that the project is heading in the wrong direction and fast.

Two major incidents set off the panic alarms:

  1. Rose took to X to share that he will be taking a break from X. Holders immediately jumped to Quote the Tweet as replies have been turned off and the sentiment is the same…he is just running away from responsibility.

  2. The Discord looks to be winding down, a response to a query from a holder asking if there were any scheduled parliaments in the future was met with no.

At a time when a project needs its founder and leader, the last thing holders want to see is them missing.

🏆 WEEKLY WINNER 🏆

Open Solmap

The digital real estate project was launched by Magic Eden.

One of the main purposes was that the project was for the community and the community has answered.

The project has captured 30% of total NFT sales transactions across all chains in the past 24 hours.

Everything Solana is touching is turning to gold.

Welcome to the exclusive Member-only section of Triple Scoop  

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

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🪙 CRYPTO

TOP SMART MONEY BUYS LAST 24/HOURS

WHAT SMART MONEY IS BULLISH ON / HOLDING

Below you will find 2 tokens that hold significant promise. First up is a utility-based project that is poised for explosive growth & secondly we have a Solana-based meme, given Solana’s meteoric rally this token could follow its trajectory.

Narrative - Privacy

Chain - EETH

Marketcap -690M

Potential - 5-10X

Trade Idea:

Long-term hold to ride throughout the bull run.

Scoop’s take

Unveiling the Oasis Network and the $ROSE Token: A Rising Star in the Crypto Space

The crypto community is buzzing with anticipation, and one project that's making waves is the Oasis Network, with its native token $ROSE. Here's why this project is gaining attention and why 2024 might be a pivotal year for its ascent:

Past and Present of $ROSE:

  • In the previous cycle, $ROSE experienced a hype-fueled bullish run without substantial fundamentals. However, after diligent work during the Bear Market, the project is on the verge of releasing its utility, injecting substance into the upcoming bullish trend.

Heralding a Chart Reversal:

  • The $ROSE chart is witnessing a massive reversal, signaling renewed hype. Unlike the past, this time the excitement is backed by tangible reasons, particularly the imminent launch of their decentralized exchange (DEX).

DEX Potential for Parabolic Rise:

  • The potential success of the DEX, especially if adopted widely as with illuminexswap, could lead to a parabolic rise in $ROSE value. Comparisons with other successful projects like $INJ add to the optimism.

Impressive Partnerships:

  • $ROSE, under the umbrella of @OasisProtocol, boasts an impressive array of partnerships with giants like @Meta, @Google, @BMW, @oraichain, @illuminexswap, @Equifax, and more. These partnerships, including a $250 billion data economy, position $ROSE as a significant player.

Privacy-First Approach:

  • The Oasis Protocol is designed to enable secure and private data-sharing and control, addressing the growing need for privacy in an increasingly mainstream crypto landscape. With support for private smart contracts, Oasis adds a layer of confidentiality to blockchain transactions.

Tech and Market Potential:

  • The Oasis Network supports private smart contracts, ensuring data remains private even during processing. Considering the current $250 billion data economy, there's vast potential for growth in the data privacy sector, and Oasis is strategically positioned.

Ecosystem and Partnerships:

  • Beyond its role as @Meta's chosen technology partner, Oasis Network has formed partnerships with tech giants like @Google, @binance, @BMW, @bsnbase, @linuxfoundation, @Conflux_Network, and more. This diverse ecosystem positions $ROSE for success.

Stellar Investor Backing:

  • Backed by reputable investors such as @a16z, @PanteraCapital, @BinanceLabs, @polychaincap, @Accel, and @ElectricCapital, Oasis Protocol enjoys substantial support and credibility.

Ecosystem Fund and Growth Potential:

  • With an unspent $200 million+ ecosystem fund, Oasis Protocol has ample resources to nurture the next generation of decentralized applications (dApps), offering significant growth potential for $ROSE.

Founder's Expertise: - Founded by the world-renowned Professor of Computer Science, Dawn Song, from UC Berkley, Oasis Protocol benefits from their expertise in cybersecurity, data privacy, AI, and blockchain.

As the crypto landscape continues to evolve, $ROSE and the Oasis Network emerge as a compelling narrative, blending technological innovation with strategic partnerships, solid fundamentals, and visionary leadership. The stage is set for $ROSE to blossom as a major player in the crypto universe throughout 2024 and beyond.

Narrative - MEME (SOLANA / spelt Backwards)

Chain - SOLANA

Marketcap -100M

Potential - 5-10X

Trade Idea:

$ANALOS has already had a great run, but we bring it to your attention as we think it has legs to go still. Find an entry and be sure to take profits on the way up, Solana memes are all the rage right now but be warned they are highly volatile.

Scoops Take

$ANALOS: Defying Memecoin Expectations

Positioned as a dynamic and rapidly advancing player in the meme coin arena, $ANALOS is capturing attention. Its impressive trading volumes, notable search metrics, and hints of upcoming groundbreaking events make $ANALOS a token worth monitoring closely.

*Disclaimer*

The Triple Scoop newsletter & podcast is not financial advice, it is provided for educational, informational, and entertainment purposes only.