INSIDER REPORT

Issue #24 2021-01-11

Table of
Contents
03 Disclaimer

04 Introduction

05 Bitcoin Analysis

10 Bitcoin Dominance Analysis

11 Ethereum Analysis

14 Medium Risk Picks

19 High Risk Gem Picks

28 Other Active Opportunities

31 Launching This Week
33 Future Launches
35 Events Calendar
Disclaimer
IMPORTANT! DO NOT SKIP!
The following report is EDUCATIONAL RESEARCH MATERIAL.

It is NOT FINANCIAL ADVICE.

VirtualBacon is NOT A FINANCIAL ADVISOR.

This report is a summary of our educational research.

It is provided for educational and informational purposes ONLY.

YOU ARE UNDER NO OBLIGATION TO INVEST IN ANYTHING.

VirtualBacon does not provide individually tailored investment advice, as we

do not understand the readers’ financial situations, investment goals, risk
tolerance, etc. All investing decisions should be made under consideration of
your own circumstances. We are not responsible for any losses you incur, or
profits you make.

Cryptocurrency investing comes with extremely high risk.

YOU COULD LOSE ALL OF YOUR MONEY WITHIN A DAY!

If you choose to invest, consider the following advice:

1. Do not risk money you cannot afford to lose.

2. Perform due-diligence and understand your investments.
3. Use common sense.

3 Disclaimer
Introduction
Bitcoin is finally seeing its long overdue correction. Signs point to this correction
being a short term dip before the rally resumes. ETH and Altcoins suffered along
with Bitcoin, but are now more primed than ever as Bitcoin consolidates.

Hi, welcome to a new issue of the Insider we expect Ethereum and Altcoins to
Report brought to you by VirtualBacon. majorly outperform Bitcoin in the short
term, similar to patterns we’ve seen in
After breaching $40k, the blow-off top 2018.
style correction finally happened for
Bitcoin. Although we could see more short Bitcoin dominance is starting to trade
term drop and consolidation, several sideways, but a break towards the
signs point to this being a short term downside is more likely according to our
correction rather than a long term market analysis.
top. We explore them in this report.
Overall, this is THE time to be taking on
Ethereum and most major Altcoins have Altcoin positions, and we explain why in
also cooled off following the Bitcoin this report.
dip. Although Bitcoin might need more
time to start making new highs,

Narratives of the week

After Bitcoin makes a major Bitcoin correction is finally here.
move and starts to dip, Altcoins Although a 40%+ drop is possible,
it would still be healthy. We
typically see a delayed rally. This is due must not panic until the long term
to traders taking profits from Bitcoin support of 21 weekly EMA is broken

but putting them into Altcoins to seek ETH and large cap Altcoins
continue to be our core focus as
more gains. It is also only true during
Bitcoin profits will continue to
bull markets when the overall crypto flow into Altcoins

market cap is growing, sentiment is Many new token sales are

happening this week. Pay attention
strong, and new investors are first
to project launching in a fair
discovering Altcoins. We are in this auction with a whitelist such
as those on Polkastarter. These
stage of the market right now.
have done well for the past
month.

4 Introduction
Introduction
Bitcoin - is this the top or a correction?

Glassnode NUPL Chart LookIntoBitcoin Free NUPL Chart

Technical Analysis
Net Unrealized Profit/Loss (NUPL) is an important long term indicator that
can help us figure out if Bitcoin has topped in the long term or if this is
simply a short term correction. It combines Bitcoin onchain data with price
to determine the percentage of all Bitcoins that are currently in profit
since they last changed hands.

This indicator typically tops out after reaching the 75% level, indicating
enough participants are in profit for us to be in an euphoria stage. We were
getting dangerously close to this level, however the current correction has
reset the NUPL indicator back down to healthy levels.

This is an amazing sign for Bitcoin long term, as we saw a similar pattern
in the 2017 bull market. After reaching $3000 in early 2017, Bitcoin saw a
long overdue correction. This shook out the short term speculators and after
which price rallied another 10x to the eventual peak of $20000. NUPL should
be coming down to a healthier levels this week. And I expect the $40000 peak
to be a local top rather than THE global top. I think Bitcoin will have
a much longer bull market after this short term drop that can bring us to
$100k if not $200k levels.

5 Introduction
Bitcoin Analysis
Bitcoin 2017 Corrections Data

https://www.tradingview.com/x/mwu12q9E/

Technical Analysis Key Points

As Bitcoin is currently experiencing 2017 bull market corrections
a sharp drop, we can examine the 6 ranged from 30% to 42%, with
major corrections in the 2017 bull average of 37%.
market to determine a target range.
Combining correction data
Corrections in the 2017 bull market with 21 EMA support gives us a
ranged from 30% to 42%, with an guideline to navigate the
average of 37%. current Bitcoin correction.

Also note that all 6 corrections

bounced from the 21 weekly EMA line
indicated in blue. This gave us
confidence that the drop was only a
short term correction and the long
term bull market was still in play.

Let’s use the same data to analyze

the current Bitcoin price.

6 Bitcoin Analysis
Bitcoin Analysis
Bitcoin (BTC/USD) Weekly Timeframe

https://www.tradingview.com/x/WBDzrmq3/

Technical Analysis Key Points

The current Bitcoin correction has Current Bitcoin correction only
a magnitude of 28%, still lower than has 28% magnitude, smaller than
all corrections in the 2017 market. all 2017 corrections

Even a 42% drop would still be

Even if we see a 42% drop from the
healthy for Bitcoin as it has
top in the short term, we would still
rallied insanely for the past 3
be above the 21 weekly EMA support,
months.
even if the EMA continues to move up.

Do not try to guess the bottom.

This does not mean we will for sure Instead continue to accumulate
see a larger correction. The only as long as the bottom line
thing we know is that Bitcoin can go support 21 EMA holds
up much higher as long as the 21 EMA
holds, and that Bitcoin is now cheap
enough to start accumulating.

Lets analyze the short term charts to

find the a good entry range next.

7 Bitcoin Analysis
Bitcoin Analysis
Bitcoin (BTC/USD) Daily Timeframe

https://www.tradingview.com/x/oLLdqgKI/

Technical Analysis Key Points

On the daily timeframe, Bitcoin has Hit 21 Daily EMA as first target
dipped to the first buying target around to start accumulating.
the 21 Daily EMA at 32k.
Supports at 28.3k and 24.3k.
If this level fails to hold, there is a
Do not try to time the bottom.
weak support around 28.3k, and the strong
Instead start to enter around
support is between 22k to 24.3k. If I
32k and continue to accumulate
were to guess, this zone would be as low
if it drops further, as long as
as Bitcoin can go, as a further drop to
22k holds.
the next support around 20k would break
the long term support of 21 weekly EMA.

Keep in mind that this not mean we will

visit 24.3k for sure. It simply means if
we do, price is highly likely to bounce
from it. Therefore, my current strategy
is to start buying Bitcoin at 32k and
continue to accumulate down to as low
as the 22k to 24.3k zone.

8 Bitcoin Analysis
Bitcoin Analysis
Bitcoin Correction Effects on Altcoins

https://www.tradingview.com/x/gqSc0wXA/

Technical Analysis
After the recent 3 months long Bitcoin rally, it is seeing blow-off top style
correction similar to that in early 2018. I expect this particular correction after
a huge rally to be bullish for Altcoins. Looking at the 2018 correction, even when
Bitcoin has topped out at 20k and started a bear market, the total Altcoin market
cap still experienced a delayed rally for a month before falling. This is because as
the market sentiment is strong, many people took profits from Bitcoin but invested
them in more risky Altcoins. The delayed Altcoin rally then peaked at the first
lower high made by Bitcoin.

Looking at the current correction, this is a win-win scenario for Altcoins. If

Bitcoin has indeed topped out, we can still wait for the first lower high to take
profit from Altcoins at likely higher profits.

If this correction proves to be only a short term correction, Altcoins will do even
better as they can rally together with Bitcoin to higher levels.

Either way, I think we have a profitable short term opportunity to buy Altcoins
during this dip. I will look to take profits from Altcoins when Bitcoin makes a
short term bounce back up to test the 40,000 range.

9 Bitcoin Analysis
Bitcoin Analysis
Bitcoin Dominance (BTC.D) Daily Timeframe

https://www.tradingview.com/x/01bugJDv/

Technical Analysis Key Points

Bitcoin dominance is currently Bitcoin dominance within range
trading within the range between between 67.5% and 72.5%
67.5% and 72.5%. A break of either
Expect BTC.D to fall due to
bounds would lead to a larger move
blow-off top correction effects
in that direction. Considering the
Bitcoin correction’s effects on If break below 67.5%, Altcoin
Altcoins discussed above, I expect rally confirmed.
Bitcoin dominance to break towards
the downside. As long as we stay below 72.5%,
I remain bullish on Altcoins.
This however needs to be confirmed
with a break below 67.5% for Altcoins
to be confirmed bullish. If Bitcoin
dominance breaks upwards from the
short term triangle, Altcoins might
suffer a bit longer during this dip.
However, as long as BTC.D stays below
72.5%, I remain bullish on Altcoins
and will continue to accumulate.

10 Bitcoin Analysis
Ethereum Analysis
Ethereum (ETH/USD) Weekly Timeframe

https://www.tradingview.com/x/CFw5kWJG/

Technical Analysis Key Points

After seeing a huge rally last Retested 1000 support for an
week, ETH has cooled off and aggressive entry.
touched the first entry target at
Dip buying target at 830
1000. Below 1000, 830 is the next
target for ETH to potentially see Next take profit target at 1420
a strong bounce from.
Bottom line for bull market now
at 624
The 21 weekly EMA is now at 624
and this is the bottom line that
ETH must hold above in order
for the bull market to continue
The next resistance is at the
all-time-high of $1420.

Personally I will continue to

hold ETH above 1400 and will only
take profit one the 21 weekly EMA
is lost and the bull market is
finished.

11 Ethereum Analysis
Ethereum Analysis
Ethereum (ETH/USD) Daily Timeframe

https://www.tradingview.com/x/9LI0ga2O/

Technical Analysis Key Points

On the daily timeframe, ETH has hit First entry target hit at 1000
the first entry target around 1000 close to 21 Daily EMA
which is also close to the 21 Daily
If 1000 breaks, expect a revisit
EMA. If this level fails to hold,
of support zone from 830 to 750
830 and 750 are the next two support
for a potential bounce.
levels to watch for a bounce.

I am treating ETH with the

Again, do not try to time the
same long term strategy and
bottom. Instead, the best strategy
accumulating from 1000 down to
is to start accumulating once ETH
750, with a stop loss below the
becomes cheap enough and continue to
long term support 21 Weekly EMA.
accumulate as long as it holds above
the key long term support.

Personally, I am buying more ETH

below $1000 and will accumulate to
as low as 750. I will hold onto my
position as long as the ETH holds
above the 21 Weekly EMA.

12 Ethereum Analysis
Ethereum Analysis
Ethereum (ETH/BTC) Daily Timeframe

https://www.tradingview.com/x/PZeWby70/

Technical Analysis Key Points

To see the real strength of ETH, we also Reclaimed and stayed above 21
need to look at its price denominated Weekly EMA, start new uptrend
in BTC. This shows how ETH is doing by
Consolidating below key
itself, without being dragged up by BTC’s
resistance at 0.033, forming
price.
bull flag

After rallying above the 21 Weekly EMA

Break above 0.033 will confirm
around 0.029 and testing the 0.033
ETH outperforming BTC. Given
long term resistance, ETH/BTC is now
analysis of previous bull
consolidating between these two levels,
market, I expect ETH/BTC to
forming a potential bull flag.
break towards upside.

Technically we need to wait for a break

above 0.033 to confirm that ETH will
outperform BTC. However, given our long
term behavior analysis, I expect a higher
probability for ETH/BTC to break towards
the upside. Thus, I am bullish on ETH as
long as we stay above the 0.029 support.

13 Ethereum Analysis
Medium Risk Picks
DeFi Index (Binance, FTX, or DeFi Pulse Index)
Fundamental Analysis

DeFi is the hottest category of Cryptos and should rise first in

the new Altcoin cycle. The problem with DeFi is the vast number of
projects with varying degrees of legitmacy. Fortunately, there are
now Indices built around legit DeFi projects. The top three indices I
recommend are from Binance, FTX, and DeFi Pulse.

These indices are vetted by the exchanges and only fundamentally

strong projects are included. The constituents of the indices also
rebalance regularly, to include the latest projects.

Here are the current breakdown of the three indices mentioned:

Binance DEFIUSDT Index:

AAVE, BAL, BAND, BZRX, COMP, CRV, KAVA, KNC, LINK, MKR, REN, RSR,
RUNE, SNX, SRM, SXP, TRB, UNI, YFII, YFI, ZRX

Binance DEFIUSDT Index Specifics Buy Binance DEFIUSDT Index

FTX DEFIPERP Index:

KNC, MKR, ZRX, REN, REP, SNX, COMP, TOMO, RUNE, CRV, DOT, LINK, MTA,
SOL, CREAM, BAND, SRM, SUSHI, SWRV, AVAX, YFI, UNI, WNXM, AAVE, BAL

FTX DEFIPERP Index Specifics Buy FTX DEFIPERP Index

DeFi Pulse Index:

UNI, AAVE, YFI, SNX, MKR, COMP, REN, LRC, KNC, BAL, REP

DeFi Pulse Index Specifics Buy DeFi Pulse Index

14 Medium Risk Picks

Medium Risk Picks
DeFi Index (Binance, FTX, or DeFi Pulse Index)
Fundamental Analysis

Out of the three indices mentioned, my favorite is the Binance DeFi

index. This is because the Binance index rebalances every week, while
the other two indices rebalance every few month. A frequent rebalance
allows the index to quickly include new project launches. For example
the Binance index quickly included UNI and YFI while the FTX index
took over a month after the UNI launch to include it.

Another difference to consider is that the Binance and FTX indices

are futures contracts, meaning you are able to speculate on the price
of the coins, but cannot redeem for the coins to withdraw. You can
however sell the index and buy the coins on the same exchange to
withdraw, but it is an extra step.

The Binance and FTX indices are also ran by centralized exchanges.

The DeFi Pulse Index (DPI) on the other hand, is completely decentralized
and CAN BE used to redeem the underlying tokens at any time. The DPI
index itself is an ERC20 token tradeable on Uniswap.

This is both a pro and a con, as the DeFi Pulse Index only works with
Ethereum based DeFi projects, and cannot include projects from other
ecosystem such as KAVA, DOT, SOL, etc.

Overall, I think the DeFi indices are the best bet right now for two
reasons. First, the DeFi niche is likely to be the best performing.
Second, the indices help filter out lesser known and high risk projects,
as most coins included have a mid to large market cap. This fits our
strategy around the money flow in crypto, as we want to enter large
cap cryptos first.

15 Medium Risk Picks

Medium Risk Picks
DEFIPERP (FTX) Daily Timeframe

https://www.tradingview.com/x/sW1YTZAW/

Technical Analysis Key Points

After breaking above its previous high Broke previous high of 3400
last week, DeFi Index has also seen
Retesting 3400 as new support
a sharp correction back down to the
previous resistance turned support at DCAing into the dip from 3400 down
3400. Below this support zone, there is to 2700.
also the range from 2700 to 2850 which
Holding for long term and only take
now acts as a long term bottom line for
profit once Bitcoin Dominance
the DeFi sector to continue rallying.
clearly bottoms and Altseason is
finished, or if 2700 key support is
As our overall thesis is still bullish
broken.
for Altcoins, I am treating this dip as
a buying opportunity. Again using a DCA
strategy, I am buying DEFIPERP starting
from 3400 and will continue to accumulate
to as low as 2700. If 2700 breaks, I will
reconsider the long term bullish thesis.

16 Medium Risk Picks

Medium Risk Picks
Ankr Network (ANKR)

Market Cap: $53 Million

Current Price: $0.0082

Target Prices: $0.0148, $0.018, moon.

Category: Blockchain infrastructure

and tools

Fundamental Analysis
Ankr Netowrk is offers full-stack cloud infrastructure for blockchain for
consumers, developers, and enterprises.

The Ankr platforms allows for:

- consumers to easily spin up a staking node and start earning rewards.
- developers to build dApps with instant API access to major chains and DeFi
protocols
- enterprises to configure turnkey solutions catered to exchanges, staking
platforms, data providers, etc.

They currently support over 50 protocols such as Bitcoin, Ethereum, Cardano,

Cosmos, Chainlink, Binance, Eos, Neo, Near, Tron, Tezos, Zcash. The ANKR token is
used as incentive, payment, and staking asset within the network.

ANKR has just launched its STKR product: https://stkr.io/ , a decentralized

staking service for ETH 2.0. This allows you to stake ETH in ETH 2.0 without
needing 32 ETH. When staking on STKR you also get a token back to represent your
staked ETH, as opposed to staking directly in the protocol that locks your ETH
up for 1+ years. This allows everyday users to easily stake and cash out at any
time.

ANKR has a market cap of $53M which makes it a medium cap project with medium
risk.

17 Medium Risk Picks

Medium Risk Picks
Ankr Network (ANKR) Daily Timeframe

https://www.tradingview.com/x/m98rQMuc/

Technical Analysis Key Points

ANKR is still sitting in the Dipped back down to 0.008,
support zone around 0.008. Accumulating around 0.008

Expecting 0.008 to hold as

With our previous analysis of
Altcoins outperform Bitcoin
Altcoins recovering stronger than
Bitcoin in the short term, I Targeting 0.0114 short term,
expect ANKR to be one of the top 0.0148 and 0.0186 mid term.
performers as it has not seen the
rally kick off yet.

I am buying more ANKR around

0.008, with a target of 0.0114
short term and 0.0186 mid term.

18 Medium Risk Picks

High Risk Gem Picks
TrustSwap (SWAP)

Market Cap: $44 Million

Current Price: $0.67

Target Prices: $1.72, $3.00, Moon

Category: Token Sale, Payment, DEX

Fundamental Analysis

TrustSwap is a DeFi protocol focusing on advanced features in DeFi

transactions. Their core innovation is escrowed crypto payments which
are distributed over time.

The most obvious use cases are crypto subscription payments, and
time-locked token releases in token sales.

Many services in the crypto industry today (including this report

subscription) could benefit from a subscription service paid through
crypto. However, no such service exists to my knowledge. Customers
are forced to manually renew their subscriptions, and as a result
many merchants do not accept crypto payments at all.

Another usecase of time-locked transactions is token sale. As new

projects conduct many rounds of presales and have vested team
tokens, they typically need to implement their own token vesting
smart contracts. TrustSwap simplifies this process and makes
the process easier for project teams, and more transparent and
trustworthy for investors.

19 High Risk Gem Picks

High Risk Gem Picks
TrustSwap (SWAP/USD) Daily Timeframe

https://www.chartex.pro/snapshots/84e99b34-b7d4-422d-ad2d-aa0840e03f3b.png

Technical Analysis Key Points

SWAP has given us yet another perfect Retraced to neckline resistance
entry opportunity. After forming the turned support.
cup and handle bottom pattern and
Perfect entry opportunity from
making a breakout to $1, price has
$0.53 to $0.62, with clear
come back down to retest the neckline
stoploss below $0.4
support zone of the breakout from
$0.53 to $0.62. $1 short term target, $1.72 and
$3 long term targets
I will be increasing my SWAP holding
in this support zone, with a stop
loss below the handle around $0.4.

$1 can be used as a short term take

profit target. However personally I
am aiming for at least the previous
high of $1.72 then 3 for long term.

20 High Risk Gem Picks

High Risk Gem Picks
Plasma Finance (PPAY)

Market Cap: $10 Million

Current Price: $0.0284

Target Prices: $0.035, $0.05, $0.086,

$0.10

Category: Decentralized Auctions

Fundamental Analysis

Plasma Finance is an all-in-one DeFi platform launched by Blockchain

infrastructure project PlasmaPay. It includes porfolio management,
Fiat on/off ramp, liquidity pool management, DEX & SWAP aggregator,
lending & borrowing, and Cross-chain swaps.

PlasmaPay has launched their payments focused blockchain and fiat

gateways over a year ago, and these infrastructures are now being
easily integrated together to make a comprehensive DeFi product.

PlasmaPay also has a large number of partners including Elrond,

Ferrum, Settle, DIA, Nest, Base, Orion, Bifrost, PAID, etc.

You can already try out their payments platform with fiat on-off
ramps, or the DeFi platform.

Overall this is one of the most mature new DeFi projects out today,
and I see a large discrepency between its current market cap and its
potential.

21 High Risk Gem Picks

High Risk Gem Picks
Plasma Finance Private Sale Tokenomics (PPAY)

Fundamental Analysis

The PPAY token private sale had a highest price of $0.02. These are
the insider investors and their tokens are gradually unlocked for the
next 3-6 months. Private sale prices typically hold as good support
levels as insider investors rarely sell at a loss.

The current price of PPAY is around $0.029, which is 45% above the
private sale price. Although the chart is still looking bearish, and
I expect more downside in PPAY’s price. Therefore, I will try to
accumulate PPAY whenever it dips to around $0.02.

In the longer term, I think this project’s ecosystem is much more

mature than many of the newer projects. Looking at the token release
schedule, there would be around 600M tokens circulating by Q2 of 2021.
At a target price of $0.2, this equates to 120M in market cap, which
is realistic if the Altcoin market overall performs well.

22 High Risk Gem Picks

High Risk Gem Picks
PlasmaPay (PPAY) 12-Hour Timeframe

https://www.chartex.pro/snapshots/8f019b12-9d60-452b-be40-d04c0e718906.png

Technical Analysis Key Points

PPAY has fallen below its long Fell below presale price bottom
term support of 0.02 this week. at 0.02
However we are seeing a quick
Quick bounce and bullish
bounce and a bullish divergence. I
divergence are good signs
still expect the 0.02 level to be
a good entry as it’s the presale Need to reclaim 0.02 quickly to
price. avoid falling further.

I will increase my PPAY position

To confirm the bottom holding
if we move back above 0.02
though, we need to see price
move back above 0.02 soon. If we Targets at 0.035, 0.05, 0.086,
can get up above 0.02, I will be and 0.1
increasing my PPAY position.

Targets are at 0.035, 0.05, 0.086,

and 0.1

23 High Risk Gem Picks

High Risk Gem Picks
Akropolis (AKRO)

Market Cap: $23 Million

Current Price: $0.01

Target Price: $0.024, $0.038, $0.05

Category: DeFi, Polkadot Ecosystem,

Yearn Ecosystem

Fundamental Analysis

Akropolis is a project building DAOs with easy to use interfaces for

DeFi. There are currently three core products:

1. AkropolisOS: A solidity framework for building DeFi dapps.

2. Aparta: A community-owned fund that provides undercollateralized

loans in DeFi. This is a first in the DeFi space.

3. Delphi: A pool that automatically dollar-cost averages into BTC,

ETH and various liquidity mining opportunities.

Akropolis is actively involved in both the Ethereum and Polkadot

ecosystems. It integrates many existing DeFi protocols on Ethereum
and is actively working on a bridge to connect these projects to
Polkadot.

Akropolis has also recently been merged with Yearn Finance, and is
now part of the Yearn ecosystem. This gives it much more development
and advisory resources to further develop its products and bring
utility to its token. We have seen positive price impacts to CREAM
and Pickle finance after their mergers with Yearn. Akropolis on the
other hand is still relatively under the radar.

24 High Risk Gem Picks

High Risk Gem Picks
Akropolis (AKRO) Daily Timeframe

https://www.chartex.pro/snapshots/34a027db-1988-4315-97cf-260da8941cc4.png

Technical Analysis Key Points

AKRO’s chart is unchanged from Bottomed at 0.0075 with hidden
last week. bullish divergence in RSI

Continuing to accumulate below

After its fast run-up, it has seen
0.016
a slow bleedout and bottoming
pattern. Price has formed a bottom Break above 0.016 confirms rally
around 0.0075. This is similar to
Targets at 0.025, 0.038, 0.052
what we saw in TrustSwap’s chart
before it made a breakout.

Once we break above the 0.016

resistance, the new rally is
confirmed. I am accumulating AKRO
below 0.016. Targets are the
resistances at 0.024, 0.038, and
0.052.

25 High Risk Gem Picks

High Risk Gem Picks
NFTX (NFTX)

Market Cap: $11M

Current Price: $26

Target Price: $100, $200

Category: NFT Index Fund

Fundamental Analysis

NFTX is one of my favorite new projects in a while. Although it is

not yet released, it deserves a full gem pick spot coverage.

NFTX is a platform for making ERC20 tokens that are backed by NFT
collectibles. These tokens are called funds, and (like all ERC20s)
they are fungible and composable. With NFTX, it is possible to
create and trade funds based on your favorite collectibles such as
CryptoPunks, Axies, CryptoKitties, and Avastars, right from a DEX
like Uniswap.

There are also two levels of NFTX funds: D1 funds which represent
only one type of NFTs, and D2 funds that can represent a basket of
many different NFTs.

This project fills a clear void in the current crypto space. NFTs
are a hot niche primed for growth, however novice investors have a
hard time identifying and acquiring valuable NFTs by themselves.

NFTX makes it easy for any investor to get into their favorite
NFT projects or even the NFT space in general, without needing to
pick out specific NFT collectibles. Since the funds are also ERC20
tokens, investors can buy as little of a NFT fund as they’d like,
instead of needing to buy the entire collectibles.

26 High Risk Gem Picks

High Risk Gem Picks
NFTX (NFTX)
Fundamental Analysis

The NFTX token was distributed through a community bounty.

Essentially early supporters could contribute ETH or various NFTs to
the Index Funds and get rewarded with NFTX tokens. The final price
of the token distribution was 43 NFTX per ETH, and at the time ETH
price was around $1000. This gives the token sale a highest price of
$23 per token.

The NFTX token is currently trading at $26, makint it only 13%

higher than the sale price.

Another huge plus for the NFTX project is the token breakdown. 60%
of all tokens were already sold and circulating in the market.
With 30% left to be distributed for platform users and liquidity
providers, and 10% for the founder vested over 5 years. This means
there is very little inflation and thus selling pressure left in the
token distribution.

Assuming we see another major Altseason, NFTs are a huge narrative

that people will want to invest in, and I could easily see NFTX
having a market cap of $100M. With a rough estimate of 500k tokens
circulating by then, that equates to a per token price of $200.

For more info on NFTX, read here:

https://blog.nftx.org/litepaper-and-introduction/

27 High Risk Gem Picks

Other Active Opportunities
Report Report Target Current Potential
Ticker Notes
Date Price $ Prices Price $ gain
Review

BAND 08-03 4.08 16 8.19 1.95X Category: Oracle

Risk: Medium
Review

KAVA 08-03 2.33 5.4 1.53 3.53X Category: Stablecoin Yield

Risk: Medium
Category: DEX
SRM 08-10 1.6 3.69 1.41 2.61X
Risk: Medium
DEX
KNC 08-10 1.43 2 1.03 1.94X
Risk: Medium
Category: Layer-2 Scaling
OMG 08-10 1.69 7.5 3.02 2.48X
Risk: Medium
Review

Category: Rebasing,

AMPL 08-24 137M 600M 250M 2.4X Stablecoin

Metrics in market cap

Risk: Medium
Review

SXP 08-24 2.6 4.8 0.85 5.64X Crypto Card, DeFi

Risk: Medium
Review

MATIC 09-21 0.022 0.06 0.026 2.30X Category: Layer-2 Scaling

Risk: Medium
Review

TKN 08-03 0.65 1.03 0.37 2.78X Category: DeFi Crypto Card

Risk: Medium
Category: Oracle
DIA 08-03 1.6 4.5 1.26 3.57X
Risk: High

28 Other Active Opportunities

Other Active Opportunities
Potential
Report Report Target Current
Ticker gain to Notes
Date Price $ Prices Price $
Peak
Review

MTA 08-03 4.5 10.9 1.14 9.56X Category: Stablecoin Yield

Risk: High
Category: Polkadot, DeFi
OM 08-17 0.26 0.58 0.055 10.5X
Risk: High
Category: Lending & DeFi
BZRX 08-03 0.36 1.4 0.19 7.37X
Risk: High
Review

Category: Artificial
FET 08-31 0.11 0.18 0.059 3.05X
Intelligence

Risk: Medium
Review

LAYER 09-07 0.31 0.45 0.072 6.25X Category: DEX tools

Risk: High
Review

Category: Rebasing, Yield

YAM 08-24 64M 198M 18M 11X Farm

Metrics in market cap

Risk: High
Review

Category: Layer-2 Scaling,

ALEPH 09-14 0.26 0.60 0.14 4.28X
Storage

Risk: High
Review

Category: Lending, DEX,

CREAM 09-28 77 287 72 3.98X
DeFi

Risk: High

29 Other Active Opportunities

Other Active Opportunities
Potential
Report Report Target Current
Ticker gain to Notes
Date Price $ Prices Price $
Peak
Review

RARI 09-21 4.6 9.75 1.65 5.91X Category: NFT Marketplace

Risk: High
Review

Category: Exchanges
ORN 10-05 2.21 6.7 2.24 2.99X
Aggregator

Risk: High
Review

CELR 10-26 0.0042 0.0133 0.006 2.21X Category: Layer-2 Scaling

Risk: High
Review

IDEX 10-19 0.064 0.128 0.032 4X Category: DEX

Risk: High
Review

Category: Institutional
WOO 11-09 0.033 0.35 0.026 13.4X
Trading

Risk: High
Category: Ethereum 2.0

RPL 11-30 3.22 6.5 3.01 2.16X staking provider

Risk: Medium
Review

Category: Decentralized
BOT 12-14 436 2000 396 5.05X
token sale and auctions

Risk: High

30 Other Active Opportunities

Launching This Week
These upcoming projects are highly anticipated. However, when deciding
to invest or not, be sure to consider the lockup schedule of any token
sales. Moreover, consider the token supply and emission schedule when
buying newly listed tokens. The early price might not be the best
price due to a low supply that could get easily inflated.

Nord Finance (NORD)

Nord Finance Sale Guide

Nord Finance is a platform to simplify DeFi

investing, offering multi-chain yield farming

funds management, robo-advisoru and loas

The NORD token auction will launch on

Polkastarter on January 12th.

YOP (YOP)
TOP Auction Sale guide

YOP is a DeFi yield optimization platform,

making it easier for everyont to access DeFi.

The TOP token sale will launch on Polkastarter

Launchpad on January 15th.

Poolz (POOLZ)
Poolz Auction Sale Guide

Poolz a cross-chain token pools and auctions

platform. It aims to make DEX token launches
more fair and safe for investors, similar to
Polkastarter and Bounce.finance

POOLZ token auction will launch on its own

platform on January 15th.

31 Launching This Week

Launching This Week
These upcoming projects are highly anticipated. However, when deciding
to invest or not, be sure to consider the lockup schedule of any token
sales. Moreover, consider the token supply and emission schedule when
buying newly listed tokens. The early price might not be the best
price due to a low supply that could get easily inflated.

Cannon Finance (CAN)

Cannon Finance Token Sale Guide

Cannon is a fork of the Republic Project (REN)

with no founder, team, or advisor tokens. It
enables cross-chain asset interoperability such
as bringing BTC to Ethereum.

The Cannon token sale will launch on Swipe wallet on

January 14th.

Cudos (CUDOS)
Cudos Website Cudos Listing Announcement

Cudos is a Scalable network for both blockchains

and cloud services

CUDOS is listing on Bitmax on January 12th.

Sifchain (ROWAN)
Sifchain Token Sale Guide

Sifchain is the world’s first Omni-chain DEX,

with support for 20-25 of the top chains such as
Bitcoin, Ethereum, BinanceChain, Polkadot, EOS,
etc. The project is also backed by many large
venture funds.

Sifchain’s ROWAN token sale registrations are

open from January 11-24, while the sale will
start on January 25th.

32 Launching This Week

Future Launches
Name Summary Date Link
IDO on

Business agreements, escrows, and dispute Polkastarter on

PAID Network link
resolution built on Polkadot. January 20th

Whitelist Open
Major exchange Bittrex will launch its own
Bittrex January link
token
Blockchain and token sale solution

DAO Maker provider, experts in tokenomics design and January link

community creation.
Polkadot parachain unlocking liquidity of
Bifrost January link
staked tokens for DeFi.
Private sale
Peanut is a DEX that increases LP income
Peanut live, public link
by reducing impoernant loss.
TBA
Teller Connect real world credit history to DeFi Whitelist open link

Acala MakerDAO alternative on Polkadot TBA link

Cross-chain Stablecoin savings protocol on
Anchor TBA link
Terra, Polkadot, Cosmos, and Solana.
DerivaDEX Community-governed derivatives exchange TBA link
Major layer-1 protocols big in China,
Conflux TBA link
backed by Universities and big funds
Polkadot parachain allowing Ethereum smart
Moonbeam TBA link
contracts to be deployed on Polkadot.
Oracle project backed by Alameda. Claims
Razor Network TBA link
to be the most decentralized.
Tidal Insurance protocol on Polkadot TBA link
Decentralized Data and Finance Cloud,

Cere Network backed by big names like Binance, TBA link

Arrington, Alphabit, NGC, LD, Fenbushi

Prediction market similar to Augur built
Flux TBA link
on NEAR protocol.

33 Future Launches
Future Launches
Name Summary Date Link
Oracles for Polkadot ecosystem. Backed by
Kylin Network TBA link
Web3 foundation, the parent of Polkadot.
Connecting dApp builders with blockchain
Axelar TBA link
ecosystems.
Colony Framework to build DAOs on Ethereum TBA link

PolkaOracle Self-evolving oracle on Polkadot TBA link

Scalabale layer-1 protocol allowing anyone
Hathor Network TBA link
to easily create their own token..

34 Future Launches
Events Calendar
Date Summary Link
Kusama Rococo-V1 Prachain registration
January 11 link
begins
January 14 Blockstack Stacks 2.0 Launch link

January 15 Venus Protocol Governance Launch link

Melon rebrad to Enzyme Finance and mainnet
Mid January link
launch
January 31 Elrond Maiar wallet launch link

January Aavegotchi full launch on Matic Network link

January Hard Protocol V2 release link

January Axie Infinity Robin sidechain launch link

January Mainframe v0 launch link

January Kira Network Mainnet launch link

January SERO 2.0 launch cross-chain projects link

January Libra dolloar-pegged stablecoin launch link

January Linear mainnet launch with BSC support link

January Crypto.com Chain Mainnet Launch link

January DeXe Investments Beta release link

January Crypto.com Chain Mainnet Launch link

January DeXe Investments Beta release link

January HOPR testnet launch link

January Oraichain Mainnet Launch link

January Hedget launch Chromia-Ethereum Bridge link

January Binance Quarterly BNB Burn link
January Alpha Finance Homora V2 Launch link
Switcheo Demex Exchange futures trading
January link
launch
Q1 2021 Uniswap V3 release

Q1 2021 Balancer V2 release

35 Events Calendar