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Bitcoin Halving Impact: Stacks, Ethena, ARB, Ronin, Pixel Updates + Predictions

Time:2024-03-10 Click:100


Weekly Tokens + Narrative Watchlist

$STX

- With the Bitcoin halving approaching in about a month, L2/Meme/AI liquidity may shift towards Bitcoin related projects.

- Stacks is the most representative Bitcoin testing game, with an important milestone "Satoshi Upgrade" planned for April.

$RUNE $LENDS

- Recently, with the increase in loan limits (60 million $RUNE burned), $RUNE’s TVL/on-chain transaction volume reached an all-time high.

- $LENDS may be a beta version of $RUNE. (new currency + low cap)

- Ethena’s cumulative revenue exceeded $6.8 million in the past week, becoming the highest-grossing DApp.

- MakerDAO benefits indirectly from Ethena. (DSR increased to 15% APY)

- This is expected to result in increased revenue, resulting in more $MKR being burned.

] $ARB

- $1.1 billion in ARB tokens scheduled to be unlocked on March 16th.

- Shorting may not be advisable as there may be a cartel squeeze on short positions.

- Consider the January 11, 2021 mass unlock of Solana.

$RONIN

- With 920,000 DAU, Ronin chain has the title of having the most users among game chains.

- Starting with Pixels, other ecosystem games will also offer airdrops to $RON stakers.

$PIXEL

- Pixels has surpassed 500,000 DAU, even though P2A ended a few weeks ago.

- With the goal of sustainable P2E, $PIXEL has the potential to become the $AXS of this season in terms of number of users.

- The guild system is officially launched, and the number of users is expected to further increase.

标签:bitcoin ARB IMPACT

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