Pricey Neighborhood,
In our newest premium webinar, our funding analyst, Abdullah, together with host Ian Balina, supplied a complete overview of the newest developments within the crypto and AI panorama. Beneath, we current key takeaways and insights mentioned throughout the session.
Market Replace
The full cryptocurrency market capitalization at the moment stands at $3.4 trillion, up from $2.7 trillion in the beginning of November. Bitcoin continues to dominate, reaching an all-time excessive of $104,000, though it briefly touched $108,000. Regardless of a powerful efficiency section for altcoins, Bitcoin has reasserted its dominance, driving market returns.
Key Initiatives and Efficiency
Blockless and Solana: Blockless has efficiently rebranded and transitioned its focus in direction of changing into a shared laptop for crypto and AI functions. Notably, its new extension has garnered 500,000 downloads inside three weeks, reflecting vital market curiosity. The corporate additionally plans a last fundraiser subsequent month, aiming for a Q1 launch.
Vana: This L1AI venture lately listed on Binance with an preliminary $2.4 billion market cap. Whereas it has since decreased, the venture continues to carry potential.
SUI Ecosystem: The SUI ecosystem has seen vital progress, with its Whole Worth Locked (TVL) rising from $350 million to $1.8 billion. The ecosystem is gaining traction, exhibiting sturdy potential for future growth.
HyperLiquid: Recognized for its progressive tokenomics, HyperLiquid is making vital strides out there. With plans for staking and income sharing, it has proven spectacular efficiency in perpetual buying and selling quantity, surpassing opponents with a 24-hour quantity of $5.7 billion.
Analysis and Portfolio Updates
AI Compute Initiatives: We explored a number of promising AI compute ventures resembling Exabits, which raised $15 million from Hack VC.
New Entrants and Rebranding: Initiatives like HyperLiquid, at the moment a market chief, aspires to launch its personal L1 EVM and attain a market cap of $80-100 billion. The venture, though early in its lifecycle, reveals substantial promise.
Decentralized Science (DeSci): We mentioned Bio Protocol, an intriguing venture serving as a launchpad for scientific analysis funding by DAOs, supported by Binance Labs.
Privateness and Computation: Nillion, specializing in privacy-enhancing applied sciences and blind computation with a singular dual-network mannequin, earned a stable rating in our evaluations. Backed by seasoned professionals and vital investments, it stands out for its potential.
Miscellaneous Insights
Token Metrics AI (TMAI): We celebrated the launch of TMAI on Bitpanda, enhancing its world accessibility. Efforts are ongoing to ascertain fiat gateways and onboard further liquidity suppliers.
Binance and Mission Launches: Abdullah highlighted the success and worth appreciation of the Grass token. Additional discussions on promising tasks like Andrina, Peak, Motion, and Ethena emphasised their long-term funding potential.
Gaming and AI: We famous rising traits in gaming, Memes and RWA showcasing tasks resembling “Kango” and “Parcl,” alongside the undervalued “My Pet Hooligan.” The session additionally lined AI agent narratives and infrastructure tasks like “Digital Protocol” and “Prime Hat.”
Neighborhood and Governance
Last remarks included enthusiasm for TMAI’s progress prospects, due to the continued assist from our neighborhood and stakeholders. The introduction of governance and staking options goals to contain token holders in platform choices, enhancing our engagement and progress.
We admire your assist and sit up for persevering with this journey with you.
Finest Regards,
The Token Metrics Staff