Welcome to the alpha please newsletter. I curate five alpha tweets every Friday; that’s it, that’s the newsletter.
gm friends,
It’s been a wild week.
Bitcoin made fresh highs, but has now chopped back below its previous ATH. It hasn’t done this in previous cycles. It has also never made an ATH before the halving, so many things are different this time around.
ETH hit 4k just before the successful Dencun upgrade and SOL made a monster move to $180.
Never forget that it’s very healthy for there to be large pullbacks in bull markets. In fact, you should welcome it if you want the trend to sustain for longer periods.
1. Common mistakes in bullish conditions
Very valuable lessons contained in this Cred essay.
2. Shitcoin Blueprint
Grant gives you his framework for finding shitcoins. There is method to the madness.
3. Understanding Marketcaps
Great write up by Jay. “To put it bluntly, the marketcap of your favorite token ISN’T REAL”
4. Balance risk and maximize opportunity
Good reading for all bull market participants.
5. Solana DeFi
Everything to know about Solana DeFi in 2024.
Random protocol update
Grass announced some very big news. They will be the first ever Layer 2 data rollup on Solana. Strongly recommend you join the network and start earning Grass points before they launch on mainnet. Invite here.
Airdrop opportunity
IO
io.net Cloud is a state-of-the-art decentralized computing network that allows machine learning engineers to access distributed Cloud clusters at a small fraction of the cost of comparable centralized services.
How to land the IO airdrop
There are two main ways to qualify for the IO drop:
They have a Galaxe campaign running called Ignition. You simply need to complete the tasks. It will require you to prove you are human by minting a galaxe passport, which is good because this can’t be sybilled.
Supply your GPU/CPU to io.net. Simply follow the instructions as stated in the docs. It can be done in about 10-15 minutes. It is quite simple even if you are non-technical.
alpha_pls tweet of the week
Parallel released the Colony whitepaper, so I updated my bull case.
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.