0xScope Newsletter #22: Scopechat Beta is Coming

Also: 0xScope's analysis on exchange asset inflows, Smart Money, Web3 hot trends, and more.

Dec 07, 2023

Scopechat Beta to Launch on December 12

We are launching Scopechat Beta to the first 50,000 Early Access users, who are ranked based on their Scopepoints. Want to be one of the first people to use our AI-powered Web3 assistant on December 12, 6 PM UTC+8? Join the Scopechat waitlist now and earn more Scopepoints to increase your chances of gaining Early Access. Read more.

On Monday, December 11, at 11:59 PM, UTC+8, we'll finalize who the top 50,000 Early Access users are. So start earning more Scopepoints to be part of the launch.

Research

AI, GameFi tokens rise, delivering top profits

In the latest Smart Money report, token bridge $MUBI and AI token $AGRS bring in about $5M in total profits each, but another AI token brings more profits per investor: $AURORA. Read more here.

Web3 TVL sees slight dip despite Blast hype

Last week, the Web3 industry lost $392.4M in TVL after 5 straight weeks of growth, thanks to Tron's $776.4M loss, despite Blur's new Layer-2 project Blast adding $281M after its hyped launch. More trends here.

On-chain Data

Bull run brings billions of inflows for Binance, others

This week, with the overall uptrend in the crypto market, the Bitcoin Fear and Greed Index reached a recent high of 72. Furthermore, assets on various exchanges have seen significant growth. Binance witnessed a 7.84% increase in assets last week, totaling $6.2 billion. This growth is roughly equivalent to 0.42x OKX’s assets, 1.15x Kraken's assets, and 2.3x Huobi's assets. Kraken experienced the highest growth rate among exchanges this week, with an increase of 11.44%. Kucoin had the lowest growth at 2.31%, while Binance US saw a decrease of 0.44%.

Token cliff unlocks for APT, CYBER next week

In the upcoming week, you should pay attention to the token unlocking schedules of various tokens, especially for APT. Approximately 183.6M APT will be unlocked for core contributors, investors, the community, and the foundation. According to the APT unlocking calendar, a significant amount of APT will be unlocked for investors and core contributors every month starting from November 12. The first unlocking on November 12 led to a 19% price drop. Additionally, CYBER is facing a relatively large unlocking of approximately $8.36M, which is around 8.51% of the current circulating supply.

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

Bitcoin tops $44,000 for the first time since April 2022 as ETF optimism grows - LINK

Bitcoin’s massive rally wiped out $6B in short positions in 2023 - LINK

Seattle judge accepts former Binance CEO Changpeng Zhao's guilty plea - LINK

FTX and Alameda transfers another $22M worth of crypto assets - LINK

North Korean hackers Lazarus Group stolen $3B in cryptocurrency - LINK