Get ready for an exciting journey into the vibrant world of Solana NFTs! In this newsletter, I will delve deep into the alpha of the Solana ecosystem. I will provide you with expert technical and fundamental analysis to help you hone your trading skills and grow your knowledge of this dynamic space. Join me and discover the thrill of NFTs on Solana!
🛑This newsletter is for entertainment purposes only, none of this is financial advice🛑
Edit: I noticed this newsletter had an extremely low view count compared to all other posts, I think this is due to the paid paywall inserted messed up the emails sent out. To ensure this doesn’t go to waste I am re-releasing for free to enable everyone to view and get a glimpse of what future editions will contain behind the paywall.
This is just the first paywalled newsletter example, going forward I will be adding more benefits to subscribers.
Welcome to "Pure Alpha Insights, " your go-to source of great alpha on what to add to your watchlist! This newsletter will go over 5 top projects that I am currently watching each week. I will cover why I am watching them and the possible entry and exit levels for each project. Following entry and exit levels I will be explaining what I am looking for when entering and exiting each trade using technical analysis and fundamental analysis. Join me and get a unique insight into the mind of an experienced alpha analyst.
Introduction
This newsletter is packed full of information and alpha, this is an additional service for any readers looking to have an in-depth look into becoming an alpha analyst. I will provide one project from my watchlist each week for free but the other nine will be locked behind a small paywall. This paywall is a way for me to generate some income for my work.
All my other newsletters will always be free to read. I appreciate your understanding that paywalls are an inconvenience and I hope you understand the logic behind using them in this scenario.
I hope you enjoy this newsletter and all the other content provided under the 'Alpha Insight' umbrella.
BLXCKOUT - (Free to view)
Fundamental Analysis
BLXCKOUT is a project I have been invested in for a very long time. The team are dedicated and has been building non-stop since July 2022. The main product they are developing is called 'SYNX'. This will be cloud storage built on the blockchain, protected by a seed phrase. The web3 of cloud storage, think of iCloud but the blockchain version. They have many other products they are also developing with an RPC node already up and running and usable by holders of 'NXDE' NFTs. They also have a sports betting Discord bet where users can place bets on sports games all within Discord.
They have been featured by Solana Mobile and have been rumoured to be an essential application for mobile when it launches. Giving massive exposure to the consumers. Not only are they going to be featured on Solana mobile but they have also secured a $2,500,000 VC pre-seed funding, a huge amount of investment and conviction shows just how bullish this project is. As of January 2023 the founding team have quit their web2 jobs to work full-time in web3 and focus all their time and energy on BLXCKOUT.
Technical Analysis (19/01/23)
At the moment BLXCKOUT are top of my watchlist. The chart is lining up perfectly, in fact as I started writing this the floor price bounced off the bottom a little, but still has great value.
There is a strong support level around the 4.9 Solana mark and I anticipate another pullback to this point before moving upwards. Listings count is still dropping over time with a sharp decrease recently. RSI was very oversold for the last 5 days and has seen a reversal right now. Expect a retracement in RSI that will pull the price back down shortly.
Going forward, there are many catalysts that will push the price higher. They will be dropping an art upgrade soon, SYNX NFT airdrop will also be happening soon. The founding team have teased many other possibilities regarding marketing and exposure since going full time. I expect to see BLXCKOUT on Twitter feeds daily once the art upgrade begins.
A project that was minted a while ago for 0.169 has completed a 100x since mint in June 2022 and still pushing for more. The original goal was to create the 'Home of Alpha' a hub where all Solana alpha would be held. The Discord would be jam-packed with Alpha and tools for the community. But over time they have adapted to something bigger, a whole that needed filling. This is where TombRaid comes along. TombRaid is an innovative raid-to-earn system in which clients can pay to have a Tweet raided by the community. In return the raiders get rewarded a small amount for liking, commenting and retweeting the Tweet. All within an automated system.
Alpha Pharaohs will also be given a rev share in the future, this rev share is a portion of all the income produced by TombRaid and affiliated whitelabels, profits earned from the liquidity pool will also go towards rev share. Alpha Pharaohs have the potential to have the best ROI on Solana with both Raiding and rev share rewards. On top of that if you don't have time to raid, you can rent your AP out to someone else for them to raid.
ROI Breakdown
The breakdown below is ROI from raiding alone right now. Once you raid your 3 raids a day you can then enter the scraps raids, a lower reward but plentiful. The opportunity to earn is happening right now! At the moment there is still 1097 scrap raids possible.
A solid income of 0.78 Sol per week with an instant 2.05 Sol to be claimed right now. Giving you a 20% return on floor price in the first week as we sit today.
Technical Analysis (19/01/23)
The chart is perfection. AP has always played on TA and no is no different. We are at a solid support level of 14.5 right now which shows historical buying. A wedge is forming which shows the pressure building, usually explodes in one direction. Listings are still down tremendously overtime with RSI hovering around that oversold mark for the last few days.
I expect a pump to the upside soon. As a core team member I can see what is happening behind the scenes and I am bullish. When rev share starts and TombRaid whitelabels are released I can see AP pumping to ATH levels soon enough. Great entry as we sit right now.
This project was minted fairly recently and received a large amount of FUD in the process. Degen News is a Twitter account with a huge following in which they share the latest breaking news on Solana. Everything from project updates to influencer stand-offs. They receive an insane amount of interactions and exposure. When the mint first happened the FUD was around the idea that the team were money-grabbing with no real plan. Just trying to earn something from the following they had gained. But since minting out they have released a very interesting idea that has made me very bullish.
They will be releasing a 'report-to-earn' system. No exact information has been provided regarding how this will work but the idea intrigues me. Take this example, I write this newsletter but my exposure is low. Degen News have high exposure by no writers. You join the two together and you get a perfect match, great writers gaining that exposure and being rewarded in the process.
In November 2022 they received 16.7 Million impressions (views) on there tweets. That huge exposure is worth a lot of money to marketers and advertisement. Compare it to TombRaid for example. Paying approx' 10 Sol to have a tweet raided gains approx' 30k views on the tweet. Using quick maths, that makes Degen News impressions worth 550 Solana.
10 Sol = 30k Views; 16,700k / 30k = 556 Sol valuation
They have recently made a huge announcement of becoming a contributor to 'Binance Feed'. The Binance brand is huge and the reach through this feed can help reach 30 Million crypto users, massive exposure!
Technical Analysis (19/01/23)
Following the big Binance Feed news the floor was swept hard raising the floor price from 0.6 Sol to 1.2 Sol in a matter of hours. Since then the price has retraced as investors sell into this momentum. However, the lsitings count is still low with a 200 total listings drop during this pump. RSI is currently hovering in the middle after a big spike into the overbought area. I have been accumulating these for a long time but this is what I am looking for right now.
I want to see the RSI retrace and hit the oversold mark following the big pump, listings count need to drop heavily for the price to healthily increase. I expect the price to fall under 0.8 and go nearer the support level of 0.7 as time goes on. This is my optimal entry. I am happy to DCA in as right now they are insanely undervalued. Any project with 16 Million impressions a month should be above 1 Sol floor. They have the power of marketing on their side.
Alpha & Links
Floor Price: 0.87 Sol
Listed: 1028
Entry: Below 0.75
Risk: 2/5
Trade Type: Possible flip into Report to Earn News
A project with a unique spin on the earning system. They are developing a system called, 'eat-to-earn' which will be a way of rewarding consumers for dining out They have been dubbed the Stepn of eating which is a good way to summarise it. The idea is that you will be able to pick any food outlet on Google Maps, dine out there and leave a review, upload a receipt and receive a token in return. Your Plato NFTs will allow you to obtain an NFT Table, this table will behave similarly to the Stepn Trainers. You will use your token to upgrade and maintain your table, thus giving the token utility from the get-go.
The application is nearly ready to launch with beta testing happening soon. I am very bullish on this idea and I think it will help join the web3 world to the web2 world perfectly. Everyone loves to earn a little cash back on everyday things so eating out is going to be a huge bonus. They also have two clubs for NFT holders. If you hold one of every food group you gain access to the Supper Club, and if you hold one of every alcoholic drink you get access to the AA Club. Both with unique benefits, But there will only ever be 450ish members of the clubs. This is great as it causes NFT holders to hodl a large number of NFTs to continue access to the club, taking supply off the market.
Technical Analysis (19/01/23)
I am very bullish on Plato and the chart reflects this. We have seen a pullback recently with the price hitting that extremely strong lower support. The price is hovering between the two levels and hitting my accumulation zone on a daily.
Although the price action is stagnated the listings count is very near all-time low listings with RSI hovering in the middle region. With listings at all-time lows and prices far off the all-time high, I call that bullish divergence. As listings keep dropping lower it will only be a matter of time before some big price movement happens. With the application dropping soon I can see this project pushing all time high levels soon enough.
At the moment my plan is to continue accumulating in the 1.2-1.4 zone until the application is released. On the run up to the application release I will look to secure profits and break even on my investment. Great opportunity right now, for a project with an application pretty much ready, being below 3 Sol is a steal.
The team behind this project have evolved over time. Initially, they were Yawww trading with the SolStein and Quantum Traders as their NFTs. They were the leading loans and 0% marketplace at the time but with the ecosystem evolving to all marketplaces going 0% and other loaning projects doing it bigger and better they had to change up the plan. Futures Traders at the NFT for the project DeCalls. DeCalls are developing a very unqiue idea within this space, options trading for NFTs. Options trading is a huge part of traditional markets and bringing them into NFTs will help bolster the market of investors.
Options trading is extremely complex and something I still don't fully understand. "Simply put, NFT options are contracts that give individuals the right to buy or sell an NFT at a specified price." (Discord Quote) I can see a huge demand for this type of trading going forward as adoption increases. From this all revenue made from trade fees will 100% go to holders of the NFTs. 100% of rev share is extremely uncommon for a project. To counter this they held onto 10% of the total supply for future admin costs in running the business.
Technical Analysis (19/01/23)
This project has seen some downward pressure following the Sol price increase, like every other project, but has held up strong overall. There have been teases of links to hadeswap which has increased the buying pressure.
At the moment the floor price is right under a resistance level. However, the listings count does not appear to have peaked yet. With profit takers stepping in and with RSI near the overbought area, I want to see a retracement back down to the mid-level before moving higher. I don't expect to see a touch of the support, but more a slight retracement to a weaker mid-level around the 9 Sol mark. If it does dip down to that support level I will definitely be buying.
With links to hadeswap/HGE and demand for the application once it released, I am comfortable holding these guys for a short while.
This week I have picked some projects I am extremely bullish on and have been invested in for a very long time. My strategy is to accumulate the winners during the bear market dips and holds for the long term. I think this edition reflects that perfectly.
A special thank you to anyone who is reading this as it means you paid for access, this newsletter I do is just my hobby and I love doing them. But it does take up a lot of time. I'm not looking to get rich from my writing, but a small token of appreciation goes a long way.
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Pure Alpha #1 (Re-release edit)
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Get ready for an exciting journey into the vibrant world of Solana NFTs! In this newsletter, I will delve deep into the alpha of the Solana ecosystem. I will provide you with expert technical and fundamental analysis to help you hone your trading skills and grow your knowledge of this dynamic space. Join me and discover the thrill of NFTs on Solana!
🛑This newsletter is for entertainment purposes only, none of this is financial advice🛑
Share
Edit: I noticed this newsletter had an extremely low view count compared to all other posts, I think this is due to the paid paywall inserted messed up the emails sent out. To ensure this doesn’t go to waste I am re-releasing for free to enable everyone to view and get a glimpse of what future editions will contain behind the paywall.
This is just the first paywalled newsletter example, going forward I will be adding more benefits to subscribers.
Welcome to "Pure Alpha Insights, " your go-to source of great alpha on what to add to your watchlist! This newsletter will go over 5 top projects that I am currently watching each week. I will cover why I am watching them and the possible entry and exit levels for each project. Following entry and exit levels I will be explaining what I am looking for when entering and exiting each trade using technical analysis and fundamental analysis. Join me and get a unique insight into the mind of an experienced alpha analyst.
Introduction
This newsletter is packed full of information and alpha, this is an additional service for any readers looking to have an in-depth look into becoming an alpha analyst. I will provide one project from my watchlist each week for free but the other nine will be locked behind a small paywall. This paywall is a way for me to generate some income for my work.
All my other newsletters will always be free to read. I appreciate your understanding that paywalls are an inconvenience and I hope you understand the logic behind using them in this scenario.
I hope you enjoy this newsletter and all the other content provided under the 'Alpha Insight' umbrella.
BLXCKOUT - (Free to view)
Fundamental Analysis
BLXCKOUT is a project I have been invested in for a very long time. The team are dedicated and has been building non-stop since July 2022. The main product they are developing is called 'SYNX'. This will be cloud storage built on the blockchain, protected by a seed phrase. The web3 of cloud storage, think of iCloud but the blockchain version. They have many other products they are also developing with an RPC node already up and running and usable by holders of 'NXDE' NFTs. They also have a sports betting Discord bet where users can place bets on sports games all within Discord.
They have been featured by Solana Mobile and have been rumoured to be an essential application for mobile when it launches. Giving massive exposure to the consumers. Not only are they going to be featured on Solana mobile but they have also secured a $2,500,000 VC pre-seed funding, a huge amount of investment and conviction shows just how bullish this project is. As of January 2023 the founding team have quit their web2 jobs to work full-time in web3 and focus all their time and energy on BLXCKOUT.
Technical Analysis (19/01/23)
At the moment BLXCKOUT are top of my watchlist. The chart is lining up perfectly, in fact as I started writing this the floor price bounced off the bottom a little, but still has great value.
There is a strong support level around the 4.9 Solana mark and I anticipate another pullback to this point before moving upwards. Listings count is still dropping over time with a sharp decrease recently. RSI was very oversold for the last 5 days and has seen a reversal right now. Expect a retracement in RSI that will pull the price back down shortly.
Going forward, there are many catalysts that will push the price higher. They will be dropping an art upgrade soon, SYNX NFT airdrop will also be happening soon. The founding team have teased many other possibilities regarding marketing and exposure since going full time. I expect to see BLXCKOUT on Twitter feeds daily once the art upgrade begins.
Alpha & Links
Floor Price: 5.49 Sol
Listed: 131
Entry: Below 5.5 Sol (DCA in)
Risk: 1/5
Trade Type: Long Term HODL
Chart Link: https://www.tradingview.com/x/NhPGaEKJ/
Magic Eden: https://magiceden.io/marketplace/blxckout_
Discord: https://discord.com/invite/KjPzNUESHN
Twitter: https://twitter.com/blxckout_nft
Weekly Watchlist
1️⃣ BLXCKOUT (Free to View)
2️⃣ Alpha Pharaohs
3️⃣ DEGEN NEWS
4️⃣ Plato
5️⃣ Future Traders
(Download and view in PDF format for a better reading experience)
Pure Alpha Insight #1.pdf
Alpha Pharaohs
Fundamental Analysis
A project that was minted a while ago for 0.169 has completed a 100x since mint in June 2022 and still pushing for more. The original goal was to create the 'Home of Alpha' a hub where all Solana alpha would be held. The Discord would be jam-packed with Alpha and tools for the community. But over time they have adapted to something bigger, a whole that needed filling. This is where TombRaid comes along. TombRaid is an innovative raid-to-earn system in which clients can pay to have a Tweet raided by the community. In return the raiders get rewarded a small amount for liking, commenting and retweeting the Tweet. All within an automated system.
Alpha Pharaohs will also be given a rev share in the future, this rev share is a portion of all the income produced by TombRaid and affiliated whitelabels, profits earned from the liquidity pool will also go towards rev share. Alpha Pharaohs have the potential to have the best ROI on Solana with both Raiding and rev share rewards. On top of that if you don't have time to raid, you can rent your AP out to someone else for them to raid.
ROI Breakdown
The breakdown below is ROI from raiding alone right now. Once you raid your 3 raids a day you can then enter the scraps raids, a lower reward but plentiful. The opportunity to earn is happening right now! At the moment there is still 1097 scrap raids possible.
A solid income of 0.78 Sol per week with an instant 2.05 Sol to be claimed right now. Giving you a 20% return on floor price in the first week as we sit today.
Technical Analysis (19/01/23)
The chart is perfection. AP has always played on TA and no is no different. We are at a solid support level of 14.5 right now which shows historical buying. A wedge is forming which shows the pressure building, usually explodes in one direction. Listings are still down tremendously overtime with RSI hovering around that oversold mark for the last few days.
I expect a pump to the upside soon. As a core team member I can see what is happening behind the scenes and I am bullish. When rev share starts and TombRaid whitelabels are released I can see AP pumping to ATH levels soon enough. Great entry as we sit right now.
Alpha & Links
Floor Price: 14.6 Sol
Listed: 128
Entry: Below 15 Sol
Risk: 1/5
Trade Type: Long Term HODL
Chart Link: https://www.tradingview.com/x/1HIfwjm8/
Magic Eden: https://magiceden.io/marketplace/alpha_pharaohs
Discord: https://discord.com/invite/alphapharaohs
Twitter: https://twitter.com/AlphaPharaohs
DEGEN NEWS
Fundamental Analysis
This project was minted fairly recently and received a large amount of FUD in the process. Degen News is a Twitter account with a huge following in which they share the latest breaking news on Solana. Everything from project updates to influencer stand-offs. They receive an insane amount of interactions and exposure. When the mint first happened the FUD was around the idea that the team were money-grabbing with no real plan. Just trying to earn something from the following they had gained. But since minting out they have released a very interesting idea that has made me very bullish.
They will be releasing a 'report-to-earn' system. No exact information has been provided regarding how this will work but the idea intrigues me. Take this example, I write this newsletter but my exposure is low. Degen News have high exposure by no writers. You join the two together and you get a perfect match, great writers gaining that exposure and being rewarded in the process.
In November 2022 they received 16.7 Million impressions (views) on there tweets. That huge exposure is worth a lot of money to marketers and advertisement. Compare it to TombRaid for example. Paying approx' 10 Sol to have a tweet raided gains approx' 30k views on the tweet. Using quick maths, that makes Degen News impressions worth 550 Solana.
10 Sol = 30k Views; 16,700k / 30k = 556 Sol valuation
They have recently made a huge announcement of becoming a contributor to 'Binance Feed'. The Binance brand is huge and the reach through this feed can help reach 30 Million crypto users, massive exposure!
Technical Analysis (19/01/23)
Following the big Binance Feed news the floor was swept hard raising the floor price from 0.6 Sol to 1.2 Sol in a matter of hours. Since then the price has retraced as investors sell into this momentum. However, the lsitings count is still low with a 200 total listings drop during this pump. RSI is currently hovering in the middle after a big spike into the overbought area. I have been accumulating these for a long time but this is what I am looking for right now.
I want to see the RSI retrace and hit the oversold mark following the big pump, listings count need to drop heavily for the price to healthily increase. I expect the price to fall under 0.8 and go nearer the support level of 0.7 as time goes on. This is my optimal entry. I am happy to DCA in as right now they are insanely undervalued. Any project with 16 Million impressions a month should be above 1 Sol floor. They have the power of marketing on their side.
Alpha & Links
Floor Price: 0.87 Sol
Listed: 1028
Entry: Below 0.75
Risk: 2/5
Trade Type: Possible flip into Report to Earn News
Chart Link: https://www.tradingview.com/x/1HIfwjm8/
Magic Eden: https://magiceden.io/marketplace/degen_news
Discord: https://discord.com/invite/degen-news
Twitter: https://twitter.com/DegenerateNews
Plato
Fundamental Analysis
A project with a unique spin on the earning system. They are developing a system called, 'eat-to-earn' which will be a way of rewarding consumers for dining out They have been dubbed the Stepn of eating which is a good way to summarise it. The idea is that you will be able to pick any food outlet on Google Maps, dine out there and leave a review, upload a receipt and receive a token in return. Your Plato NFTs will allow you to obtain an NFT Table, this table will behave similarly to the Stepn Trainers. You will use your token to upgrade and maintain your table, thus giving the token utility from the get-go.
The application is nearly ready to launch with beta testing happening soon. I am very bullish on this idea and I think it will help join the web3 world to the web2 world perfectly. Everyone loves to earn a little cash back on everyday things so eating out is going to be a huge bonus. They also have two clubs for NFT holders. If you hold one of every food group you gain access to the Supper Club, and if you hold one of every alcoholic drink you get access to the AA Club. Both with unique benefits, But there will only ever be 450ish members of the clubs. This is great as it causes NFT holders to hodl a large number of NFTs to continue access to the club, taking supply off the market.
Technical Analysis (19/01/23)
I am very bullish on Plato and the chart reflects this. We have seen a pullback recently with the price hitting that extremely strong lower support. The price is hovering between the two levels and hitting my accumulation zone on a daily.
Although the price action is stagnated the listings count is very near all-time low listings with RSI hovering in the middle region. With listings at all-time lows and prices far off the all-time high, I call that bullish divergence. As listings keep dropping lower it will only be a matter of time before some big price movement happens. With the application dropping soon I can see this project pushing all time high levels soon enough.
At the moment my plan is to continue accumulating in the 1.2-1.4 zone until the application is released. On the run up to the application release I will look to secure profits and break even on my investment. Great opportunity right now, for a project with an application pretty much ready, being below 3 Sol is a steal.
Alpha & Links
Floor Price: 1.429 Sol
Listed: 513
Entry: Below 1.4
Risk: 2/5
Trade Type: Long Term HODL with short term flip
Chart Link: https://www.tradingview.com/x/epKTMGvi/
Magic Eden: https://magiceden.io/marketplace/plato
Discord: https://discord.com/invite/platoeats
Twitter: https://twitter.com/Plato2Earn
Future Traders
Fundamental Analysis
The team behind this project have evolved over time. Initially, they were Yawww trading with the SolStein and Quantum Traders as their NFTs. They were the leading loans and 0% marketplace at the time but with the ecosystem evolving to all marketplaces going 0% and other loaning projects doing it bigger and better they had to change up the plan. Futures Traders at the NFT for the project DeCalls. DeCalls are developing a very unqiue idea within this space, options trading for NFTs. Options trading is a huge part of traditional markets and bringing them into NFTs will help bolster the market of investors.
Options trading is extremely complex and something I still don't fully understand. "Simply put, NFT options are contracts that give individuals the right to buy or sell an NFT at a specified price." (Discord Quote) I can see a huge demand for this type of trading going forward as adoption increases. From this all revenue made from trade fees will 100% go to holders of the NFTs. 100% of rev share is extremely uncommon for a project. To counter this they held onto 10% of the total supply for future admin costs in running the business.
Technical Analysis (19/01/23)
This project has seen some downward pressure following the Sol price increase, like every other project, but has held up strong overall. There have been teases of links to hadeswap which has increased the buying pressure.
At the moment the floor price is right under a resistance level. However, the listings count does not appear to have peaked yet. With profit takers stepping in and with RSI near the overbought area, I want to see a retracement back down to the mid-level before moving higher. I don't expect to see a touch of the support, but more a slight retracement to a weaker mid-level around the 9 Sol mark. If it does dip down to that support level I will definitely be buying.
With links to hadeswap/HGE and demand for the application once it released, I am comfortable holding these guys for a short while.
Alpha & Links
Floor Price: 11.2 Sol
Listed: 591
Entry: Below 9.5 (DCA Down)
Risk: 2/5
Trade Type: Long Term HODL
Chart Link: https://www.tradingview.com/x/Te8mcFTS/
Magic Eden: https://magiceden.io/marketplace/future_traders
Discord: https://discord.com/invite/decalls
Twitter: https://twitter.com/DeCallsNFT
Summary
This week I have picked some projects I am extremely bullish on and have been invested in for a very long time. My strategy is to accumulate the winners during the bear market dips and holds for the long term. I think this edition reflects that perfectly.
A special thank you to anyone who is reading this as it means you paid for access, this newsletter I do is just my hobby and I love doing them. But it does take up a lot of time. I'm not looking to get rich from my writing, but a small token of appreciation goes a long way.
Twitter: https://twitter.com/SheenNFT
Discord: Sheen#0001
Email: SheenNFT@gmail.com
Parrot Tools: https://www.parrottrading.com/app/traders