Weekly Beluga Insights

Live from ETH Denver, the Beluga team is feeling pretty good this week. It’s too early too give our summary of what everyone is talking about, but stay tuned for a full write up so you don’t miss anything!

BTC is pumping, ETH is pumping, everything is pumping. Sentiment is definitely reaching euphoria levels among traders which is almost never a good sign, however when you consider the lack of retail participation in this cycle so far it doesn’t seem like we’re near the top. Seems like things are full-steam ahead for the time being, so as always be sure to watch the Beluga Twitter to stay up to date on everything that’s happening.

Major Movers of the Week

In honor of the pump this week, we’re only listing gainers. Let the bull run commence.

• Dogwifhat ($WIF) +189.45%

• Pepe (PEPE) +132.12%

• Arweave (AR) +94.20%

• Bonk (BONK) +86.38%

• Uniswap (UNI) +54.24%

What We’re Watching

At time of writing Thursday night, I would say about 80% of the crypto-related conversations I’ve had over the last 24 hours have been related to Blast. This is something we’ve discussed quite a bit over a few previous newsletters, and based on the launch so far it seems like it’s living up to the hype. Over $2B in liquidity already sits on Blast with a ton of dApps launching and capitalizing on this point craze.

If you want to participate in Blast, the best way to get started is visit the Blast website. They’ll walk you through all the steps of getting your funds on chain and how to get started earning points, and from the airdrop tab you can scroll through a number of projects that have officially partnered with Blast. Over the next few weeks, we predict there will be hundreds of project launches and airdrops, so getting in early could provide a huge advantage.

One project to highlight is Juice Finance, which is a yield and point farming protocol launched today after winning the Big Bang competition earlier this week. Usage is a little complicated, but getting acquainted is worth it as there are a ton of incentives for users. After seeing the wild gamification elements Blast has introduced to the chain, I’m feeling even more bullish. If you’ve been waiting for an ecosystem to really dive into, this is the one.

Quick Quips: Catch Up on What You Missed

• Blast Mainnet Launches with $2B of Liquidity

• SEC Makes Comments at ETH Denver

• Blast Competition Winners Announced

• CryptoPunk Receives $15M Bid

• Robinhood to list Solana Memecoin $WIF

Tweet of the Week

Chart of the Week

$WIF goes parabolic after Robinhood announces they’ll be listing the memecoin. What a time to be alive.

Recent Beluga Content

Did you Know?

If you had invested $1 in Bitcoin right when it launched, it would be worth about $68M today.

Disclaimer
The content on this site is for informational purposes only and should not be construed as investment advice. While Beluga strives to ensure the accuracy and timeliness of information, there may be discrepancies when comparing our data to that of financial institutions, service providers, or specific product websites. Always consult with a professional before making any financial decisions.