Cryptocurrency watchlist for the coming week: 1) $LTC - halving event will occur on August 2; 2) $EVMOS - Evmos 2.0 will be launched on August 2; 3) Coins on Base - Base TVL has exceeded $40 million, but there is no official bridge yet, so there is a lot of liquidity waiting to be deployed; 4) $MANTLE - Mantle's proposal to vote on staking 40,000 $ETH on Lido will end on August 5, and this new L2 is growing rapidly; 5) SpartaDex - $SPARTA token and gamified DEX will be launched on August 3; 6) $LOOT- LootBot will start sharing revenue with token holders next week.

A few points:

1. CRV has not reached my psychological expectation price, and it is likely that I will buy the bottom halfway up the mountain. 2. Curve is bullish but not CRV is bullish. It is not a stock, it is a coin! 3. DeFi will definitely change its blood. The players at the table are likely to be old players. The market lacks new money and new players. 4. BTC still has a high market share and will fall. The bubble is not big enough. 5. The coin I am watching recently: OP. 6. Regarding Base, I talked about the second layer of the exchange including the op stack on Telegram a long time ago. Now they are messing around. This is not how moats are made. Don’t get involved first. The sickles have brought out semi-finished products, which are not worth it.

Continue to bet on the Japanese regional sector. Possible currencies include 1. MONA, the purest Japanese currency, the first cryptocurrency for Japan, with a low market value and less popular. 2. ADA, the Cardano Foundation relies on the popularity of both Japan and Hong Kong. 3. XLM, XLM founder Kim once worked at Ripple in Japan. 4. DENT, the team background is related to the Japanese CLOSE application 5. QTUM, Qtum was supported and initiated by Japan's newline network company, and there are Japanese members among the team members. 6. BAT, its founder Brendan Eich lived in Japan for many years.

How to ambush 100x coins? Announce the recommendation of potential coins in 2023!

RDNT

RDNT focuses on the full-chain currency market for lending. It is the native lending market project on Arb and is definitely the leader in arb lending. It is based on the underlying cross-chain protocol of LayerZero, and improves the efficiency of DeFi asset utilization through full-chain and cross-chain lending.

1. The benefits of Cancun upgrade.

2. With a strong backing, Rdnt is one of the biggest beneficiaries of ARB. Apart from Rdnt, no other money market has listed ARB yet, so a continuous inflow of funds is expected.

3. The benefits are obvious. From the 90-day revenue, Radiant has surpassed Aave, Comp and even Sol. It is one of the fastest growing protocols in the field.

4. The community is very active, and the average approval rate of DAO governance proposals is very high.

DYDX

Section: Dex Defi, the founder was originally a Coinbase software engineer.

Dydx is a decentralized perpetual contract exchange and a leading derivatives product. It has been deployed on the L2 network, uses L2 expansion technology, and provides L1 spot, leverage, and lending services.

1. Dydx utilizes a hybrid infrastructure model, primarily non-custodial, on-chain settlement and an off-chain low-latency matching engine with an order book.

2. Two major types of derivatives models: one is the order book model represented by DYDX, and the other is the liquidity pool model represented by GMX.

3. Derivatives trading agreements, including perpetual contract trading agreements, options trading agreements, synthetic asset trading agreements and other categories. Perpetual contract trading agreements have the largest volume, and the representative projects of perpetual contract trading agreements are

dYdX、GMX。

4. The biggest feature of decentralized exchanges is security. The data is open and transparent. All transactions and data can be queried on the chain, avoiding the black box operations of centralized exchanges.

GAL

Web3 track has been listed on three major exchanges, including Binance, Coinbase, and OKEx.

1.Multicoin Capital and Dragonfly Capital jointly led the investment, and Coinbase and Binance participated in the investment.

2. It has a large user base, more than 60 million users, millions of Twitter followers, and updates project status every day, which shows that it is doing something.

3. The market value is low and the chips are concentrated, with 68% still in the market. The main players will make the market only when they have enough chips. So we are talking about the market effect brought by the bull market.

The bull market will break out, and it must be those that have experienced the entire bear market and have extremely concentrated chips.

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