😎 Every State, Every Company, Every Person Will Need BTC. HIGHER!

PLUS AI Agents are back! Here are the picks.

December 09, 2024

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GM—flip a coin.

Bitcoin is teasing all the jeets today, edging right around the six-figure mark. Sure, there`s a possibility of a short-term retrace, but I surely wouldn’t be comfortable sitting out of the market before BTC inevitably settles above $100k for the remainder of the bull.

Everyone will need Bitcoin: the U.S. strategic reserve wants it, Microsoft wants it, and now even Amazon is considering stacking sats.

Besides Bitcoin, we can`t underestimate the comeback of ETH's strength. Not only do the charts look ready to blow past previous all-time highs any second, but we`re finally seeing juicy ETF inflows, especially during the past week. 

The leading player seems to be BlackRock, buying over $500m worth of ETH during the mentioned timeframe. The tokenization narrative might truly catch steam from now on as we head into the altcoin frenzy part of the bull run. Even the U.S. treasury is now talking about tokenization as the next frontier.

All of the above, combined with the current massive inflow of new or returning retail participants, tells us one thing and one thing only: we`re going higher.

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Eliza/SOL 4H Raydium

Eliza is the AI16Z development framework that has been trending on Github recently. Price has been consolidating since the recent FUD, where there were two tickers, one of which was soft rugged.

Since then, we’ve seen good momentum on the main AI16Z chart, in their dev-centric discord, and a lot of general interest in the meta, as well as a growing thesis that a lot of on-chain trading and volume in the coming year will be driven by AI agents. Price is currently retesting the Point of Control (red line). This pullback looks to me like a good place to get involved.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

Milady Cult takes over the mindshare.

AI and memecoins are back at the forefront.

The Comeback of AI Agents

Internal altcoin market cycles are speeding up as we head into the final phase of perhaps the most epic bull run of our lifetime. AI agents, specifically, were going through a nasty retrace over the past couple of weeks. Nevertheless, right now, we’re seeing bounces all around, coupled with a very strong mindshare (as seen in the section above). 

That said, let`s feature a few picks. This is not financial advice: the lower the market cap, the more risky, and so on.

High-cap AI picks (more established):

Lower-cap AI picks (a lot riskier, greater R:R)

Lastly, there`s an interesting new AI agent project cooking: Almanak. Feel free to check the explanation here and put it on your radar.

The important bits.

  • CULT (Milady memecoin) - CULT token claim is live

  • Core DAO (BTCFi) - Becomes the first U.S. qualified custodian to offer secure institutional Bitcoin yield through Core

  • HMX (Perp. exchange) - Quickly climbing up the fees ranking, reflecting adoption

  • Term Labs (DeFi) - Term clears record $19M in a single week

  • Demex (DeFi) - The Loss Protection Programme is back

  • Peapods Finance (DeFi) - Announces new upcoming DeFi strategies

  • Superseed (L2) - The fair launch pre-sale is coming in 1 day

  • Eliza OS (AI operating system) - Launches a new website

  • Hyperliquid (L1) - Now listed on KuCoin

  • Pudgy Penguins (NFT) - Announce the PUDGY token

  • MegaETH (L2) - Read the complete introduction to MegaETH by Castle Labs

  • Jupiter (DEX) - Approves a $860M "Jupuary" airdrop

Even more important bits.

  • Beeple features Cult in his new artwork

  • Fireblocks clients can now access the Uniswap Protocol natively on the platform

  • US Treasury refers to Bitcoin as “digital gold” in Q4 report

  • MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per BTC

Charts and stats of the day.

Life gets busy so here’s what you’ve missed.

Shitcoin Church

Podcast

Covering which DeFi Dino is going to rip next, coins we've added to the bag, top Virtuals projects, and all the usual call-outs.

Tune in on YouTube →

Zerebro Founder EXCLUSIVE: Jeffy Yu on Crypto x AI, Swarms, ZerePy, Blormverse & Music Collabs

Podcast

Grant sat down with Jeffy, the founder of Zerebro. If you have been following the top crypto AI projects then you will have probably heard about Zerebro.

Tune in on Spotify or YouTube →

To save you doom scrolling.

Get ready, next few months are going to get proper mental.


Bitcoin's dominance has topped, and don`t be mistaken: we're in the heat of the alt season. If history repeats itself, we should have at least 2-3 months of craziness ahead before a longer pullback presents itself.
Lock in.

stay safe homies,

Hix0n 🫡

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