Weekly Token + Narrative Watchlist🔎
• $ENA
- "New shiny + Serious projects" = Ethena
- Achieved the highest returns among major dApps over the last 7 days, with $8M in earnings.
- Significantly increased TAM with BTC collateral acceptance.
• $ORDI
- Serves as the default memecoin proxy for the BTC Halving cycle.
- On April 4, Franklin Templeton wrote a report on Bitcoin Ordinals.
- Scheduled for a Coinbase Futures listing on April 11th, Stacks Nakamoto Upgrade beginning on April 16th.
• $FTM
- Andre Cronje said, "Sonic upgrade still spring and The Summer target is something bigger."
- Recently, Solana experienced network congestion. Fantom could be an indirect beneficiary of this issue with its "horizontal scaling" narrative.
• $ALT
- Rumors suggest an Eigenlayer TGE happening in mid-April, hinted by Arthur Hayes.
- Altlayer is a leading Eigen-beta with a "Restaked Rollup narrative".
- $ALT stakers are highly likely to receive airdrops of $EIGEN and $XTER.
• $DOGE
- In recent years (2021, 2022, 2023), Doge has shown a tendency to maintain its upward momentum until the day before Doge Day (4/20).
• $MANTLE
- Mantle is guaranteeing high returns for $MNT stakers through Ethena/Pendle
- An airdrop of $PUFF has been conducted for $MNT stakers, and the price of $PUFF has reached an ATH, attracting retail money.
- As a result, Mantle's TVL and holders are reaching new ATHs daily, acting as a catalyst for upward momentum.
• $ANKR
- AI + dePIN + BTC LST + RaaS = Ankr
- The utility of the $ANKR token is being reevaluated due to @Neura_io.
- Important announcement expected at "Stability World AI" on April 15th.
• $STG
- The launch of Stargate V2 is imminent, as hinted by Layerzero Co-Founder.
- Currently, it's the leading bridge in terms of volume and DAU.
- The launch of Wormhole $W is causing a reevaluation of the value of interoperability projects.