SCOOP’S TL;DR

📈 MARKET SENTIMENT - With anticipated rate cuts and constant inflows into $BTC ETFs, the outlook is bullish for $BTC and crypto.

🔥 TRENDING NARRATIVE - Politifi / Celebs & China

🏋️ BARBELL’S WEEKLY PICK - $TON

🗞️ TOP STORIES

• Solana Smart Wallet

• Market Moving Event Spark Liquidations

• Dormant Wallet Awakens

🏆 WEEKLY WINNER - NexusLabs

💎 PREMIUM

• Discover a project sitting on TON blockchain which has the chance to be a leader this cycle. Heavily undervalued.

• Low cap meme that insiders are looking to pump 30x

• Smart Money Movements & Top Holdings

• Crypto Total Market Cap $2.46T - 24/hour change 0.53%

• Crypto Market Cap Total Volume $76B - 24/hour Change -8%

  • Majors - 24/Hour change

    • BTC - $67,904- 1%

    • ETH - $3553- 0%

    • SOL - $160- 1.3%

• US Inflation data has come in Lower than expected!

• Core Inflation Rate MoM: Consensus 0.3%, Actual 0.2% Core Inflation Rate YoY: Consensus 3.5%, Actual 3.4% 

• Inflation Rate MoM: Consensus 0.1%, Actual 0.0%

•  Inflation Rate YoY: Consensus 3.4%, Actual 3.3%

• Consensus indicates rate cuts are likely between September and November.

• With anticipated rate cuts and constant inflows into $BTC ETFs, the outlook is bullish for $BTC and crypto.

• $BTC funding rates have decreased, nearing the lower end of the daily Bollinger Band, with $1.5 billion added in fresh ETF inflows.

• After being range-bound for 3 months, $BTC is poised to rise, confirmed by the collapse in Implied Volatility of $BTC options.

• If $BTC rises, altcoins are expected to follow. Focus on:

  • Sectors with strong momentum: RWA, Memecoins.

  • Sectors with potential to outperform: AI, Gaming, Restaking.

• RWA Coins to Watch: $ONDO, $TOKEN, $OM, $CFG, $TRADE.

• Memecoins to Watch: $PEPE, $WIF, $BONK, $BRETT, $TRUMP.

• AI/DePIN Projects to Watch: $RNDR, $AKT, $TAO, $AIOZ, ‘ionet’

• Gaming Projects to Watch: $RON, $IMX, $BEAM, $PRIME, $PIXEL.

TOP X POSTS

Battle of the Baddest? Andrew Tate Challenges Solana Influencer Ansem.

• Solana has caught up with Ethereum in almost every metric, except wrapped BTC

• Kyle Samani: tiplink is the best consumer facing crypto product demo he’s ever seen

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🔥 THE TRENDING NARRATIVE

We will keep this brief. Memes remain the best performers currently across all chains. Inside the overarching meme narrative the current hottest trends remain to be:

• Chinese-based memes. Eg. $PEIPEI and $BIAO

• Celebrity Meta - $Daddy & $Mother (Strong buy)

• Politifi - $TREMP, $BODEN, $TRUMP $USA (Strong buy)

$USA coin is on a nice retracement and has a number of upcoming catalysts. We think this has the potential to provide some nice returns in the coming weeks.

🏋️ 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_

$TON - $17.2B (Relatively Safe Play, but potential huge upside (5X)

The Ton blockchain is going from strength to strength. If you weren’t aware, Ton is Telegram’s (Messenger App) blockchain. Telegram has 900 million monthly active users, and to put this into perspective, Coinbase has 8 Million Monthly active users. Coinbase active users are the reason that so many people are bullish on their chain BASE. With Telegram having over 100X more active users, you can see from a user case why the Ton blockchain has a strong bull case.

Some interesting stats are below:

• Telegram: The user base has been growing by over 40% annually since its launch. It currently boasts 180 million daily active users and 800 million monthly active users.

• TON Chain: There are 500,000 daily active wallets, and this number continues to rise.

• TON CHAIN PROJECT STATS

• thenotcoin: Pioneered "tap-to-earn" games.

• Conducted a 3-month-long P2A campaign.

• Achieved a market cap of $2 billion with $NOT.

• hamster kombat: - Reached 116 million users in just 72 days.

• Became the largest Telegram channel with 20 million subscribers.

• Upcoming token launch.

• CatizenAI: Gained 15 million users in 60 days, with over 900,000 on-chain users.

• Upcoming $CATI token launch.

• Strongest L1 for Mass Adoption: Leveraging the largest messaging app for widespread reach.

• High Scalability: Featuring low fees and a parallel, sharding blockchain architecture.

• Big Partnerships: Collaborating with top-tier VC firms.

• Expanding Ecosystem: Continuously growing and evolving.

• Community Adoption: Driven by effective marketing, incentives, and airdrops for builders and users.

We recommend exploring and familiarising yourself with the TON blockchain. As an ecosystem, it is still super early, there will be several opportunities that arise here over the coming months. Telegram has also made is super easy to get started with a $TON wallet inside Telegram.

Follow this link to understand how to get started on the Ton chain. 

Previous Picks - Remain Very Bullish on All - See comments.

$DOGE - $0.14- 4.3X to ATH (Still a great safe meme pick)

$Mother - $0.15c - Up 50% since we last picked. Currently at $150M mcap having sold off since Andrew Tate has started shilling $Daddy, which has stolen market share. They are 2 competing coins currently.

$BRETT- $0.15c - Up 50% since we last picked. Currently at $150M mcap having sold off since Andrew Tate has started shilling $Daddy, which has stolen market share. They are 2 competing coins currently.

$WIF -$2.66 -  Still going through long consolidation. Attention is elsewhere. for now. The longer the consolidation the harder it will run.

$POPCAT $0.32c - Sooner or later this thing is going to bust a nut and pass ATH. Again right now, similar to $WIF. Major Sol memes lack attention right now. With people focused on ETH & BASE memes.

$MICHI - $0.20c - Bargain buy - No changes - Now very sold off / Smart Money favourite / Holder count growing fast.

THE BULL CASE FOR $TON IS CLEAR, BUT THERE IS A 20X THAT LURKS ON THE CHAIN. DISCOVER IT NOW!

+ DISCOVER A SUPER LOW CAP THAT INSIDERS ARE LOOKING TO PUSH 20X FROM HERE

Solana Smart Wallet - More Players In The Game

At a glance 🔎

• Squads Labs has announced the launch of Fuse, the first smart wallet on the Solana blockchain which is now available on iOS via TestFlight.

• Fuse leverages smart accounts for enhanced crypto asset management, offering dual-layered security with Device Key (biometric authentication) and 2FA Key (iCloud or Ledger).

• The dual-layered security removes the single point of failure in traditional wallets, ensuring higher security for Solana users.

🕵️ Scoops take: 

Last week it was the new Coinbase and now we get the first on the Solana Blockchain, the wallet gods are looking out for us.

It is a shame there is a sea of red right now so wallets are best avoided.

Long-term we love it, for now, it’s going into cold storage until things heat up a little.

Market Moving Events Spark Liquidations - Touch The Grass

At a glance 🔎

• Federal Open Market Committee members began their two-day policy-setting meeting. Bankers are expected to release their interest rates and projections on Wednesday.

• Due to the potential bad news (which may not happen) investors have decided to de-risk.

• Bitcoin opened the day at nearly $70k before plummeting to $66.5k and recovering to $67.4k.

• The snap fall has led to $226m in BTC long positions liquidated over the last day.

🕵️ Scoops take: 

It is not all doom and gloom.

There has been a pattern of these meetings and the market is reacting in line with the previous events.

That being said, these events open up the market to those who have felt they have been priced out with recent gains, so it is time to put the money where the mouth is.

Dormant Wallet Awakens - Generational Wealth Confirmed.

At a glance 🔎

• A wallet that has been dormant for 5.5 years has woken up.

• The owner has transferred 8k BTC ($535m) to Binance.

• The last activity on the wallet was back in December 2018 when the price of Bitcoin was $3808.

• The full activity of the wallet is as follows: The wallet first received 6800 BTC on November 28th 2018 at $3754 per coin. A further 1000 BTC was added on December 5th 2018 at $3487 per coin and 200 Bitcoin shortly after.

🕵️Scoop’s take:

Talk about finding treasure, roughly $24k into $535 million, maybe we need to hibernate more!

This activity suggests that our aquatic friend might be ready to cash in….big waves are coming.

Just as Bitcoin was cooling off from its record highs, this move has analysts nervously wondering if this whale's wake-up call is signalling a bearish splashdown.

Tied with the market moving event set to take place on Wednesday, everyone is on standby.

🏆 WEEKLY WINNER🏆

NexusLabs

NexusLabs has announced a $25m Series A round which takes the total amount raised to $27m

The funds will assist in the efforts to expand its engineering team.

“Nexus aims to bring truth to the Internet….“We want to bring to market an entirely new form of computation – verifiable computation”

New innovations securing solid funding… we love to see it!

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

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