Introducing the TokenSets Weekly Market Report

Weekly updates on Set performance, DeFi growth, market activity and much more!

Anthony Sassano
Dec 3, 2019 · 3 min read

Welcome to the first edition of the new TokenSets Weekly Market Report! In these newsletters, we’ll be covering the events of the previous week including a report on Set performance and rebalance events, a brief overview of recent crypto market activity, relevant on-chain metrics, a learning section and links to resources, blog posts, podcasts and videos that caught our eye.

The newsletter will hit your inbox every Sunday night (Pacific Time)! If you aren’t subscribed yet, simply head here to sign up.

This weeks edition covers updates from the 25th of November to the 1st of December, 2019.

Set Updates

TokenSets Update

Market Update

Most of purchase volume this week was for the ETH Range Bound Min Volatility so traders may be expecting sideways/choppy markets in the short-term.

Key indicators:

  • The 20 day simple moving average is currently at $163.76
  • The RSI for ETH is currently at 28 (slightly oversold)
  • The 12 day exponential moving average is currently at $154.75

DeFi Metrics

  • God’s Unchained users have traded ~$300k worth of cards over the last 7 days
  • ~43% of Sai supply has been migrated to Dai so far
  • Over the last 3 months, Kyber Network and Uniswap have grown to account for ~60% of total decentralized exchange market share

Set Sunday School

Social trading can help prevent amateur investors from making poor trades or investment decisions, reduce their emotional stress, give them optionality in which trader they want to copy, and allows them to verify results of traders before making a commitment.

Ecosystem Bits

Learn more about Set and join our community

Set Labs

Grow your crypto using automated asset management…

Anthony Sassano

Written by

Marketing at | Co-founder of and Co-host of the Into the Ether podcast

Set Labs

Set Labs

Grow your crypto using automated asset management strategies

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