DeFi & DAO Updates 📰🚀 #52: November 10th
Bulls are coming
📺 News & Articles
🤹Tweets of the Week
Kyle Davies @kyled116I’m not sure you understand. When $BTC hits $20k, every media outlet on the planet will espouse its virtues corralling a stampede of normies.
Michael Sonnenshein @SonnensheinWhat an INCREDIBLE *week* at @Grayscale... (i) LARGEST asset raise across products EVER ➡️ $237mm+ (ii) LARGEST asset raise EVER for $ETH Trust ➡️ $58mm+ (iii) YTD inflows quickly approaching $3,000,000,000 (iv) AUM has now surpassed $9.1B ...and we're *just* getting started!
Circle @circlepayCircle is planning to introduce short and medium term high yield interest rate business accounts built entirely on #USDC. Starting at 8% APY, make sure to secure a spot on the waitlist today. https://t.co/rAjbWRTDrB Restrictions will apply.
✨ Market Commentary & Paper Trading
Since December, we have been featuring a spotlight of the week. After doubling the initial fund, we sold half for $10,000 and created the ‘Outlier Fund’ looking for small-cap DeFi buys that we think to have a chance of bringing exponential returns. Feel free to follow our buys!
For the Outlier Fund, our pick is Switcheo (SWTH) or $500.
We also had a look at our earlier fund, which we left off as a $10,000 ‘basket fund’ one month ago. After 4 weeks, it’s up 5.6% (though it was down a lot more in the chaos that happened on the smaller scale:
If you have suggestions for next week’s picks, DM or Tweet us at @Token_Valley