Use TVL to Spot the Next Hot Coin| Crypto Market Update 12.28
Crypto Market Update | Major News | Notable Events | NEWBIES’ lesson of the day: How to spot fast risers utilizing TVL metrics
Disclaimer: I am not a financial advisor, everything on this report is financial opinion. Please consult your financial advisor before participating in crypto
“In Web3, cryptocurrencies and NFTs are the digital goods of the new economy. DeFi is the native financial system, Layer 1 networks are the rails that power everything, and DAOs are how the frontier gets governed. It’s all coming together and it’s going to be absolutely beautiful.”
— Ryan Selkis via the Messari 2022 Theses.
Today, most of the report will focus on the NEWBIES section, part three of a short TVL metrics series. This lesson is the most in-depth out of the three and the most beneficial to learn. You can find parts one and two on my Medium page, where I add all my reports. You will have a solid basis in basic TVL fundamentals if you study all three.
The NEWBIES section is near the bottom of the report.
