🔎9 big things to watch this week
A compilation of crypto catalysts, airdrop strategies and alpha threads
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GM friends.
Here’s what I’ll cover today:
9 crypto events I’m watching this week
A dashboard for spotting altcoin buy zones
6 alpha threads
Let’s dive in👇
Crypto catalysts to watch this week
White House's Crypto Summit - The White House's first ever Crypto Summit will be hosted on March 7. Trump is expected to also talk about the newly announced crypto strategic reserve during it
Hey Anon’s big announcements - Daniele Sesta announced he will make several big announcements for his projects, including Hey Anon, over the next few days
Macro Events - US Unemployment Rate data will be released on March 7 + Trump's tariffs on imports from Canada & Mexico will be enforced this week
ENA token unlock - $850M worth of ENA will be unlocked on March 5. Most of this supply will go to early investors and early contributors
MegaETH testnet launch - MegaETH testnet will go live on March 5. If you want to participate, click here to see what you have to do to join
Ethereum's Pectra testnet release - Ethereum's highly anticipated Pectra Upgrade will go live on Sepolia testnet on March 5. Pectra is expected to significantly improve Ethereum’s on-chain UX
GMX’s deployment on Sonic - GMX perpetual DEX is rumored to go live on Sonic and other blockchains soon
Tron’s gas-free transactions - Tron is expected to launch gas-free transactions for USDT this week
Skate’s new product announcement - Skate, a project that aims to connect all Virtual Machines (VMs), will make a big announcement regarding its interoperability solution this week
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A dashboard for finding key buy zones for altcoins🛠️
A lot of people on CT say “buy the dip” whenever BTC drops 5%.
But how do you actually buy the dip without getting wrecked if prices keep dropping?
A chart that I monitor for finding good buy zones is the ‘Altcoins Speculation Index’.
The lower it goes, the more undervalued altcoins become relative to BTC, and the closer they generally get to a local bottom.
This index is currently at 15%, and it hit 7% just a few days ago. Historically, it’s not a bad idea to dollar-cost average altcoins when the index is between 4% and 10%.
You can check out this chart at the bottom of this website.
6 Alpha Threads
A dashboard to track DeFi’s top cash cows
The state of Mantle
How to manage risk
Ethereum’s current catalysts
Why is DePIN an underrated narrative
A good read on DeFAI
And that’s all for now.
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$Ena was absorbed well. I purchased around a week ago, and the price recovered pretty fast