Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
Again, we are still in a choppy environment and the market has not been super bullish this week.
Globally, Bitcoin stood pretty well and still consolidates in its big 60k-70k range but for alts, the story is a bit different and a lot of them made new lower lows.
ETH had a lot of bad news (Consensys being forced to sue the SEC + likely no ETF in May), but on the positive side it didn’t react strongly to the downside.
New thing alert: I launched a Telegram channel last week. It’s free to subscribe for more market updates, DeFi & airdrop opportunities.
Your weekly reading:
(*All the screenshots will take you to Twitter if you click.)
1. Thoughts on alts this cycle
Asset selection matters.
2. Consumer apps are quietly eating Infrastructure
Distribution is king.
3. Movement explainer and how to be early
Movement Labs made waves announcing a large raise this week. Here’s what you need to know and how you can be early to their ecosystem.
4. 10 Solana Hackathon projects
Curation of interesting projects trying to build the next major start up on Solana.
5. Comprehensive guide to Volume Profile
Valuable explainer of this important technical indicator.
Random protocol update
Jupiter purchases Ultimate wallet. This is a big push into mobile for them.
Airdrop opportunity
Mode
Last chance to farm the Mode L2 airdrop. TGE isn’t too far away. I still believe this isn’t over farmed and Mode has quietly been moving up the L2 TVL rankings. Simply earn points by bridging assets (ETH, stablecoins etc.).
alpha_pls tweet of the week
Things I’m farming right now:
And that’s your alpha.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Crypto currencies are very risky assets and you can lose all of your money. Do your own research.
Movement is clearly making bold moves. I can smell a revolutionary project when I’m presented with one. Thanks for the update. It’s an habit to read top 30 newsletters every week, this one really caught my attention with ease of reading and understanding the major outline with less words!!!