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Bankless
8 days ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.

These are the assets that have caught the attention of Crypto's Wall Street whisperer ๐Ÿ‘‡

========================================

When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.

It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.

Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.

On the one hand, itโ€™s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.

Grayscale has been adding new investment products at a faster clip, showcasing their conviction that weโ€™re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.

As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. ๐Ÿ‘‡

----------------------------------------------------------

Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)

Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.

As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.

Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.

As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.

The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.

The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.

Analysis by arjunnchand
POPDOGsolcoin
19 days ago
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POPDOGsolcoin
21 days ago
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Mello
1 month ago
Daily Memecoin Recap - August 15

Memes are following majors, which are following traditional markets

The best advice right now is to not force any trades, patience is a virtue

Runners Of The Day
$aco -> hit $2m , good team, shiba inu girl
$db -> hit $1 .5m, "DogeButt", picture of Kabosu's butt, $doge , 50% of supply sent to blknoiz06

Teams With Large Capital
$fluffi -> hit $10 .6m, dogeofficialceo
used grok to generate a picture, elonmusk reposted it
$analos -> hit $4m , decent content

Zoomer Meta
$sigma -> $3 .5m to $11m (3.14x), first higher high in a while
$demure -> $315k to $2m (6.5x)
$iktfb -> hit $560k , "I know that feeling bro", launched on dexscreener's moonshot

Giga Programmed
$giga -> $60m to $265m (4.4x from the low), new ATH day after day

Dog Memes
$cane -> hit $700k , all dev supply burnt, "dog" in Italian
$gracie -> hit $850k , 1 month old, "Neuralink Dog"
$gringo -> hit $250k

Cat Memes
$mystery -> hit $270k , "lovebeings cat"
$if -> hit $250k , "wat if", cat meme

Other Cooks
$t1500 -> $1 .5m to $4 .5m (3x), new ATH, "TOPG1500", The dev is walking 1500 miles from The UK To Romania to meet the Tate brothers
$feg -> hit $1m , pushed by KOLs
$kunt -> hit $880k , anime type girl
$paul -> hit $800k , CTO, pencil drawing
$poxed -> hit $800k , "Monkey pox"
$abcde -> hit $395k , the alphabet
$reygun -> hit $240k , based on the viral olympic Australian break dancer
$study -> hit $220k , popular word in crypto twitter

Can aeyakovenkosave us?
POPDOGsolcoin
1 month ago
Shout out to our Artists and Partners for making our new PARTNERSHIP banner POP! ๐Ÿค๐Ÿคฉ

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Fityeth (https://x.com/Fityeth)

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K1d_Crypt0 (https://x.com/K1d_Crypt0)

WALTER_DEFI (https://x.com/WALTER_DEFI)
PLAYA
2 months ago
SolanaCompass an independent Solana validator clarified the recent FUD surrounding Solana staking, which exaggerated the amount of stake being deactivated.

FUD reports mistakenly included non-circulating stake from the Solana Foundation's stake management program and misinterpreted withdrawals as deactivations.

Actual deactivation by individual wallets was 639,966 SOL, while 924,013 SOL were activated, resulting in a net gain of 284,047 SOL.
suegessa
2 months ago
Bitcoin (BTC)

Bitcoin, despite its volatility, remains a dominant force in the cryptocurrency world, often referred to as digital gold. It's widely used as a hedge against inflation. Right now, the Bitcoin community is buzzing about Taproot, an upgrade designed to improve privacy and smart contract functionality. This could make Bitcoin even more useful and efficient, appealing to both individual and institutional investors. In the U.S., more and more major corporations and financial institutions are adopting Bitcoin, further cementing its place as a mainstream asset.

Ethereum (ETH)

Ethereum has made significant strides with its transition to Ethereum 2.0, which merged with the Beacon Chain to switch from Proof of Work (PoW) to Proof of Stake (PoS). This has greatly improved the networkโ€™s scalability and efficiency, reducing energy consumption and speeding up transactions. The DeFi and NFT ecosystems built on Ethereum continue to draw substantial investment, even with the rise of alternative Layer 1 and Layer 2 solutions. In the U.S., Ethereum is playing a crucial role in the growth of decentralized finance and digital art markets, attracting interest from venture capital firms and tech innovators who see its potential for new applications.
PengyOS
3 months ago
๐Ÿง๐Ÿš€PengyOS is a beacon for web3 memecoins, always innovating & providing updates.โœจ

Huge thanks to our volunteers & community! ๐ŸŽ‰

4 months strong with incredible progress.โœ…
Proof of work is clear.๐Ÿ’Ž

Pengy & Degens continue their mission in Africa! ๐ŸŒโœจ
OJ_Sampson
4 months ago
Well the last project by 0xwinged went to 100mil with no utilityโ€ฆ..you do the mathsโ€ฆ.

https://t.me/copycatsolana...
Joe Biden
4 months ago
Today, BullVerse stands as a beacon of financial empowerment for Americans, offering a platform to navigate the complexities of the crypto realm, seize lucrative investment prospects, and engage with a community that is driving economic progress. Together, let's harness the power of BullVerse to secure America's financial future. @bullverse #cryptorevolution
Tremp
5 months ago
55 burgers 55 fries 55 tacos 55 fries

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