ToE's Weekly Highlights #51
Digging up the grinds for the week.
Gm ToE readers. Nov ended with the happiest month for the year and celebrating nearly 1 year on Threading on the Edge’s weekly news! Next week will be the official 1 year anniversary
Marco: The economy shows resilience though slowing, geopolitics remains complicated, and markets tread water while eyeing key upcoming inflation figures.
Trends: $BTC rangebound during the week but broke out on the weekends. Gaming tokens outperformed. Blast achieved 600M TVL. SEI seen as the next Solana, new coins pumped like FLIP, PYTH, VRTX.
DeFi: Perp dex space heating up with more projects Mu exchange, Merkle and $VKA achieved TVL 20mil, Good entry raised 1.5m in minutes, JOE vs GRAIL, Joe being best play on Avax, $MAV good fundamentals
Tools: Research frameworks, life lesson, newsletters, Hunting narratives, AI tools, Alex becker advice,
Spicy Drama: Kyber exploiter demands, Velodrome and Aerodrome exploited twice in a week. Aevo being sacristic
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Segmenting the megathread of content into 5 parts:
Macro news
Trending narratives
Defi happenings
Educational resources and tools
Spicy crypto drama
1. Macro News
The economy shows resilience though slowing, geopolitics remains complicated, and markets tread water while eyeing key upcoming inflation figures.
Q3 GDP growth revised up to robust 5.2% due to strong business investment and government spending, signaling economic resilience. However, slower income growth indicates moderate pace of broader recovery.
Positive signs like job market gains and ongoing consumer spending point to slight cooling rather than sharp downturn entering year-end.
Softer PCE inflation data suggests manageable price pressures ahead.
@arndxt_xo on macro pulse
@ColdBloodShill on BTC HTF analysis (a little dated but I like this view still)
@matrixthesun on BTC thoughts
@Cryptoalpharian big brain thoughts
@_FabianHD on best case macro
2. Trending Narratives
Bitcoin (BTC) is rangebound between $37k-$38.5k, making higher lows and unable to break above $38.5k resistance. Market remains bullish overall amid high BTC futures open interest and increasing stablecoin supply.
Gaming/metaverse tokens outperformed this week, with strong gains seen in AXS (+15%), RON (+35%), SUPER (+155%), ILV (+15%), and more. Gaming narrative likely benefiting from addition of major games to platforms like Epic.
$600M locked on L2 platform Blast in first week, driving gains for related token BLUR (+100% then -24% retracement).
Alt L1 SEI saw +70% gains this week as a potential "new Solana".
Surprise resurgence of UST stablecoin narrative led to 320% pump on USTC this week. Speculation around potential repeg mechanics.
New coins PYTH, FLIP, VRTX launched and saw early pumping price action.
Large caps UNI, STX, ALEX outperformed BTC this week. DYDX faces big unlock Dec 1. Solana, injective, showing continued strength.
@arndxt_xo on privacy
@TheDeFiPlug gamefi and NFT
@DOLAK1NG Desci and DAO
@lou_markets 2024 narratives
@CryptoKoryo on narratives
@wacy_time1 on key takaways
@DistilledCrypto Dec narratives
@zordcrypt on Desci
@matrixthesun DePin projects
@DefiIgnas on other L1s more decentralized
3. Defi Happenings
@Vaultkaofficial got GMX STIP and achieved $20mil TVL
@muexchange_ open for ambassadors
@merkle_trade first gamification perp dex
@twindoges on alpha projects
@the_smart_ape solana airdrops
@alphabatcher gamefi projects
@MoneyCrptBunny best dex
@izu_crypt on 3 projects
@0xFinish low cap gem finder
@leilanibabiez on RWA
@0xAndrewMoh on RWA projects
@GoodData_BadGuy on good entry raise
@InspectorDefi on perp DEX
@RealDegenGMX on $ZNN
@CryptoStreamHub on JOE vs GRAIL
@stacy_muur on DePin projects
@jake_pahor on Bittensor deep dive
@DogenManREAL on early projects
@matrixthesun on gaming and crypto
@eli5_defi on $RAIL
@ThorHartvigsen Solana mass adoption
@Sion_Forever82 on fees and bribes
@2lambro 40 new projects
@poopmandefi on solana stats
@sell9000 on MAV
@sw4g_ct on Joe and Avax
4. Educational resources and tools
@stacy_muur research framework
@RubiksWeb3hub talent
@kenodnb farming guide
@Flowslikeosmo 10 crypto tools
@yoheinakajima on TLDRAW
@Moomsxxx on Alex wise advice
@Crypt0_Andrew finding narratives
@rowancheung on AI tools
@kenodnb on 11 newsletters
@rektfencer crypto life lessons
5. Spicy Crypto Drama
@aevoxyz response to Blast 500M idle TVL
@arndxt_xo on Kyber exploiter
@arndxt_xo both Velodrome and Aerodrome got exploited
Twitter: https://twitter.com/arndxt_xo/status/1731308064173937130