Ten_x_Alpha #1
Intro
Welcome to the first edition of CryptoKoryo’s Premium newsletter “Ten_x_Alpha”.
We cover here in the most exhaustive yet the most dense format everything you need to know to take action and make profits.
This newsletter includes the following sections:
Market analysis
On-chain
Off-chain
Macro
Koryo insights
New Trends
Narratives
Portfolio
Portfolio allocation per risk profile
Stablecoin allocation per risk profile
Projects
Airdrops
Next edition
Disclaimer
Let’s dive in.
Market analysis
On-chain
As you can guess from price increases, most on-chain metrics are bullish. Activity onchain is increasing. Volume on Dexes/Perps is increasing. DeFi TVL is increasing.
Risk apetite is increasing onchain.
Off-chain
Views and new subscribers on popular crypto Youtube channel is going up.
VC investments are slowly going up. For the first time after 2 years!
Finally, as an active content creator on Twitter, I see overall more engagement on CT. A new generation of retail is joining CT, although we are very far from euphoria.
Macro
I follow macro because it clearly impacts the crypto markets.
We can’t say macro is bullish. By far not.
But some important macro metrics are getting positive. Inflation is coming down. Job market has shown signs of strength. China’s economy is in good conditions. FED will probably cut rates in 24. And the housing market is not crashing.
So although macro is not bullish, with a forward-looking stance, and given other factors impacting crypto (cycle, ETFs, etc.), macro is imo no longer a factor that will heavily influence crypto markets. I’ll let you know when that changes.