0xScope Newsletter #19: Join the Scopechat Waitlist
Also: 0xScope's analysis on trending meme coin Grok and the Poloniex hack, plus the latest on Smart Money, Web3 hot trends, and more.
Research
Evaluating GROK, the new Elon-inspired meme coin
Grok, named after Elon Musk's new AI project, is the latest meme coin to burst into the Web3 scene. In our latest article, we give further context on the rise and setbacks of $GROK, including Smart Money and Whale Watch info. Read the report here.
Probing the Poloniex Hack
Poloniex recently got hacked for at least $60M. The 0xScope team quickly probed how the attack unfolded, leveraging Scopescan's investigative tools. Read the report here.
DeFi token leads despite meme coin's $6M haul
In the latest Smart Money report, Yearn Finance brings better per-investor profits than trending meme coin Grok, despite the latter's $6M profit haul for hundreds of addresses. Read more here.
ETH bull run continues to benefit DeFi leaders
The Web3 industry grew its TVL by $2.67B, with $1.88B coming from Ethereum. Meanwhile, 104 projects saw their TVLs increase by $10M or more, with 35 of them going past the $50M mark. More trends here.
On-chain Data
Double-digit exchange asset boosts for Huobi, Binance US
In the past week, the overall crypto market has experienced a gradual uptrend. Assets on various exchanges have also seen an increase, with notable gains of 11.25% on Huobi and 12.88% on Binance US.
Token cliff unlocks for AVAX, APE, and ROSE next week
In the upcoming token unlock schedule for the next week, keep an eye on:
AVAX: Unlocking on November 24, 8 AM UTC, with a value of $202M (constituting 2.68% of the current circulating AVAX market value), half of which is allocated to the Avalanche team.
APE: Unlocking in less than a day, valued at $23.09M.
ROSE: Unlocking in 2 days, with a value of $14.22M.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcement
Join the Scopechat Waitlist!
Want to be one of the first users of 0xScope’s upcoming Web3 AI assistant Scopechat? Sign up for the Scopechat waitlist here.
For more information, including how to refer your friends and earn Scopepoints, read this blog.
Answer the Scopechat Survey
Before we launch Scopechat, we're giving you the opportunity to tell us what you are expecting from our upcoming Web3 AI assistant. Simply answer this five-question survey and make an impact on the future of exploring Web3.
Take the Scopechat survey here.
Be the next Scopescan Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a Scopescan Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
Scopescan Community Highlights This Week
Quick Bites
Solana, Avalanche, dYdX produce double-digit gains as Bitcoin reclaims $37K - LINK
Ethereum rockets past $2,100 as BlackRock files for Ethereum ETF with NASDAQ - LINK
OKX coming out with Layer 2 blockchain Built on Polygon - LINK
Disney reveals NFT platform With Dapper Labs - LINK
Poloniex crypto exchange resumes withdrawals after hack - LINK