🌊 Wave Wisdom - November 16th, 2023

DATA
Key Prices

BTC $37,197 (2.64% 24h)

ETH $2,067 (2.69% 24h)

SPY $450.11 (0.21% 24h)

DATA
Market Overview

Total Market Cap $1.43T (2.44%)

Total Volume $71.50B (7.45%)

BTC Dominance 50.88% (0.12%)

ETH Dominance 17.39% (0.05%)

DATA
Chain TVL

DATA
Protocol/Chain Fees (24h)

DATA
CEX Inflows & Volume

In order by assets

YIELD
Stablecoin Yields
FIX

Criteria: Stablecoins in audited pools with 20% or higher APY and greater than $200k TVL

USDT on Morpho Compound with $8.8m TVL and 26.42% APY

USDT on Morpho Aave with $8.16m TVL and 25.42% APY

DOLA-USDC on Aura with $6.2m TVL and 23.84% APY

USDT on Thorchain with $5.14m TVL and 23.50% APY

LUSD-USDC (0.05%) on Uniswap V3 with $2.86m TVL and 22.45% APY

PUSD-FRAXBP on Curve DEX with $1.17m TVL and 21.59% APY

DAI (Clearpool Port... on Idle with $1.02m TVL and 21.10% APY

USDPY on Toros with $879,013 TVL and 20.90% APY

USDC.E-USDC on Joe V2.1 with $763,465 TVL and 20.86% APY

EUROPOOLLP on Angle with $711,706 TVL and 20.49% APY

NEWS
Talk Of The Town

We filter the noise of all the best newsletters in crypto and bring you the juice.

Alright, folks, let's cut the bullshit and dive into the meat of today's newsletters.

Celestia's making waves, and these guys at getmoni.io are betting big on $TIA. They're not your financial advisors, but they're damn sure hinting at a juicy 10-20x.

Linn's Leverage is pushing some small-cap gems and shouting out OATH Foundation's low-fee, high-APY projects. They're also hyping up RabbitX and Thena.

The Daily Degen's got the scoop on the market's pulse. ChainEDGE.io is their golden goose for on-chain traders.

Humble Farmer's Digest is all about Solana's ecosystem. They're talking airdrops and on-chain gaming with PRIME. They've got a laundry list of up-and-coming projects like Capsule and NodeKit.

Milk Road's talking Disney's big leap into NFTs with Disney Pinnacles. MetaMask's making moves with their bridge feature, and OKX is teasing their new Layer 2 network, X1.

Lastly, The Block's got the skinny on JPMorgan's blockchain buddy-up for interoperability. Binance Japan's token buffet just got bigger, and PancakeSwap's dipping its toes into gaming. Oh, and the NHL's playing coy with "collectibles" instead of NFTs.

SENTIMENT
Trader Thoughts

We bring you the best thoughts from top traders and assign a score to their bullishness. 1 being max bearish and 100 being max bullish.

Bullishness Score: 50

Alright, let's dive into the hive mind of ct and see what the hell these traders are thinking, shall we? It's like a damn rollercoaster in there, with some of these cats scared shitless and others grinning like they just hit the jackpot.

First off, Superchillen is shitting bricks over ETH, acting like it's the end of days with no new highs and tossing around doubt like it's going out of style.

Then there's Hsaka, cracking wise about everyone getting a hard-on for ETFs and tossing around "ELI5" like we're all five-year-olds trying to get a grip on this circus.

RunnerXBT, on the flip side, is all pumped about DOGE, not giving a damn about a little resistance and cheering on those sweet, sweet quick bucks.

CryptoISO is getting a kick out of the ETF hype, finding the mood swings of the market funnier than a meme on fast-forward, and tipping his hat to DOGE's muscle.

Bluntz is playing it cool, eyeing a sweet spot to jump on LINK, and is all about that altcoin drama, giving AVAX a thumbs up.

K A L E O is stoked for SOL NFTs, acting like they're the next big thing since sliced bread.

RookieXBT 🧲 is laying it on thick with sarcasm about his "vast" trading experience, but he's betting on the market like it's about to pop off with ETF excitement.

Pentoshi 🐧 is all over the place, talking about altcoin musical chairs and preaching about the grind of building shit in a bear market like it's some kind of badge of honor.

Loma's looking at the market shrugging off ETF delays like it's just a scratch, hinting that things might be looking up.

And RektProof. is just flexing, bragging about raking it in with his degen plays like he's the king of the hill.

So, what's the deal with these traders? It's a goddamn mixed bag. Some are sweating bullets over coins like ETH, while others are popping bottles over DOGE and getting all hot and bothered over altcoins and ETF whispers. But let's get real, each of these jokers has their own game, and they're playing it with a mix of gut feels and cold, hard strategy.

SENTIMENT
Gem Hunter Thoughts

We bring you the best thoughts from top gem hunters and assign a score to their bullishness. 1 being max bearish and 100 being max bullish.

Bullishness Score: 75

Let's dive into what the gem hunters on ct are eyeing over the past 24h.

@CryptoDet_ stresses the strategic positioning for the next market upswing, highlighting the importance of established protocols with impending catalysts and referring specifically to the potential of a first-mover bridge protocol. He indicates a rigorous analytic process with 700 chats reviewed and a cleared inbox, suggesting a thorough approach to his portfolio.

@CryptoDamus411 shares a bullish stance, underscoring the importance of buying resistance and dips, adapting strategies, and not being deterred by recent price surges. He emphasizes a buy high, sell higher approach, using $RUNE's performance as an example to highlight the validity of the strategy, encouraging dollar-cost averaging and readiness to capitalize on potential pullbacks if one believes in the project's fundamentals.

@Govanisher, apparently influenced by @criptopaul, recently added $TRADE to his spot bags citing the token's 5 million market cap and optimistic news as justification for his decision.

Meanwhile, @RvCrypto hints at $AMO nearing a new all-time high and @CryptoKaduna points out that more $ETH ETF news bodes well for Ethereum and related plays, specifically mentioning $FXN from the Protocol FX as a potentially undervalued proposition.

@CryptoShaggy briefly alludes to $EMP and $BANANA without specific context.

On the other hand, @Govanisher highlights $INTX, a new launch on the BASE chain that offers innovation with 180 perpetual markets as an opportunity, buoyed by the backing of reputable groups like Thee GHouse and the possibility of Coinbase incentives spurring its growth further.

@Crypticdegen22 receives mentions for consistently sharing profitable plays, suggesting a level of respect in the community, and @Govanisher credits @TheEuroSniper for collaborating in this context.

A detailed thread from @Govanisher outlines a bullish position on six tokens:

• $OLAS for its potential in blockchain automation with the rise of AI

• $BANANA credited with simplifying the process of "apeing" into new cryptos

• $LBR for expected demand linked to ETH staking

• $GMX as an advantageous leverage play for those considering perpetual Dex exposure

• $LMR tied to BTC's hashpower and consequent exposure

• $STAMP seen as a potential safe and long-lasting play following BRC20 hype

Lastly, @CryptoFundamentals highlights the emerging $CRE utility via ERC-4337, proposing an opportunity for streamlined and secure blockchain engagement.

While numerous tokens were mentioned, the analysis of each is crucial, as it reflects the gem hunters' expectations such as project fundamentals, technical innovations, market cap considerations, and community support which could lead to significant gains during the next market upswing. It's worth noting that tokens like $TRADE, $AMO, $FXN, and $INTX received unique emphasis from the mentioned users.