🌊 Wave Wisdom - November 17th, 2023

DATA
Key Prices

BTC $36,384 (-2.34% 24h)

ETH $1,965 (-5.04% 24h)

SPY $449.22 (0.12% 24h)

DATA
Market Overview

Total Market Cap $1.39T (-3.02%)

Total Volume $69.48B (-2.77%)

BTC Dominance 51.29% (0.4%)

ETH Dominance 17.05% (-0.34%)

DATA
Chain TVL

DATA
Protocol/Chain Fees (24h)

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CEX Inflows & Volume

In order by assets

YIELD
Stablecoin Yields

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

DOLA-USDC on Aura with $6.19m TVL and 29.68% APY

USDT on Thorchain with $5.48m TVL and 27.14% APY

USDC on AAVE V3 with $1.86m TVL and 25.35% APY

USDT-USDC on Joe V2.1 with $1.57m TVL and 25.07% APY

DAI (Clearpool) on Idle with $1.02m TVL and 22.73% APY

USDPY on Toros with $899,978 TVL and 22.71% APY

USDC.E-USDC on Joe V2.1 with $813,229 TVL and 22.22% APY

CEUR-AGEUR-EUROC on Convex Finance with $691,199 TVL and 22.01% APY

USDT (Clearpool) on Idle with $688,050 TVL and 21.15% APY

GRAI-USDC (0.04%) on KyberSwap Elastic with $326,260 TVL and 20.90% APY

NEWS
At a Glance

South Korea's national pension fund just went ahead and snagged a cool $19.9 million worth of Coinbase shares, talk about putting your money where your mouth is - source

CoinShares, those slick bastards, are eyeing a juicy acquisition of Valkyrie's ETF division, a move that could shake up the whole damn game - source

Strike's teaming up with Checkout.com, opening the Bitcoin floodgates to over 65 countries, now that's what I call a power move - source

XREX is on the verge of snagging a Major Payment Institution license over in Singapore, pretty slick move - source

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: 55

Alright, let's dive into the hive mind of ct and see what the traders are throwing down about the markets.

So, TraderSZ is feeling pretty smug about nailing it with $OP, and he's playing it cool by cashing out half his chips.

Then there's CryptoDonAlt, who's all chill about snagging some ETH, but he's cracking jokes about how this shit's stealing his Z's. Guess he's got that low-key bullish vibe going, padding his stash with some Ethereum.

Now, Pentoshi's got his sights set on gaming coins, talking them up like they're the next big win. And he's also eyeballing DOGE, tying its fate to whatever the hell Elon's tweeting or shooting into space next.

Then you've got DeltaXBT, who's calling bullshit on the whole ETH ETF drama, smelling market shenanigans and feeling pretty damn bearish about it.

And Loma? Dude's got a dark cloud over him, spotting some sketchy patterns on the $SOL chart that could spell a drop.

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: 65

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

@Crypt0_Andrew emphasizes the potential for tokens that have already experienced growth, using $ELY and $KAS as examples of investments that could continue to perform well. He points out that market cap is a key consideration, and even if a coin is up by 5x, it doesn't preclude it from doing another substantial rally. His analysis underlines that $ELY is consistently building and the chart looks ready for action.

@Crypto_Shaggy retweets @Crypt0_Andrew's thread approvingly and reminds followers to hold $KREST in a @wearetalisman wallet for eligibility in a $PEAQ airdrop worth $1 million. The connection between $KREST and $PEAQ is akin to the relationship between $KSM and $DOT on the Kusama and Polkadot networks, hinting at a possible growth trajectory for $KREST based on historical performance of $KSM.

In the realm of Real World Assets (RWA) and AI, there seems to be a confluence with $KREST being positioned to enable vehicle and device interactions across different applications and ecosystems. @Crypto_Shaggy illustrates the adoption potential by listing dApps already testing on $KREST, including tokenized batteries, Wi-Fi sharing, carbon emissions, and even Teslas.

The game-fi sector gets attention as well, with @Cryp__toad acknowledging $EPIK's rising momentum on the back of imminent partnerships, underscoring a general interest in the NFT space tied to AAA gaming.

Meanwhile, $DOJO receives a positive nod due to its Elon Musk and AI narratives, with an impressive mention of the solid team, major backers, and strong marketing plans in place.

$STAMP gains traction with a tweet from @Govanisher, who shares enthusiasm for the token amidst a general discussion on market cap perspectives transitioning from bear to bull market caps.

@Rancune references the psychological shift necessary for speculators as smaller market capitalizations, like $50 million, could be considered undervalued during a bull market–this involves $STAMP again, which was mentioned earlier.

Tokens focusing on Real World Assets (RWA) are underscored by @Falcs, who believes that $RVST's current market cap of $16 million is "an absolute steal," hinting at major performance potential this cycle.

Lastly, @crypto_popseye contributes to the conversation by emphasizing on-chain trading efficiency and the potential of $IntentX_, having participated in the seed round for this project.

In summary, the crypto gem hunters' collective focus is on tokens that exhibit strong fundamentals, unique narratives such as RWA and AI, and significant community and development activity, with $ELY, $KAS, $KREST, $PEAQ, $EPIK, $DOJO, $STAMP, and $RVST gaining specific interest.

Mentioned Coins

Disclaimer: This process is automated, so the links may be different than the coin actually mentioned.

Elyssa ($ELY) | Ethereum Ecosystem

Kaspa ($KAS) | Layer 1 (L1)

Krest ($KREST) | DePIN

Kusama ($KSM) | Polkadot Ecosystem

Binance-Peg Polkadot ($DOT) | Asset-backed Tokens

Epik Prime ($EPIK) | NFT

DOJO ($DOJO) |

Revest Finance ($RVST) | Ethereum Ecosystem