Gm frineds,
Welcome back to another Premium Investor Report.
It was another highly active week inside my portfolio so let’s get right into it!
Here’s what’s in today’s issue:
- My portfolio updates.
- Jesse has a deep dive on Aerodrome Finance: The biggest DEX on Base Network.
- Sam has the top 3 NFT drops.
For any crypto related questions please comment on the website.
Buys and Sells
I have liquidated my EGLD bags this week. It was time. It feels good.
Perhaps this one of those sales I will come to regret, but it felt like time to move my money around.
Hype narratives can change fast in this market, and I would not be surprised to see it get that at some point, but I can always rebuy later if need be.
After reading Jesse’s report on Base coins last week I decided to buy a small bag of BENJI.
I want to get more exposure to BASE. I have a short list of ideas for doing that including buying BRETT and AERO. But, for now the risk reward of buying BENJI made sense. So I aped.
I am watchlisting the other two coins for now. And, unrelated to BASE, but Render is also still on the watchlist.
I bought a few more ETH of PUFF on Mantle and minted my red potions, basically staking them for more rewards. So far, so good with PUFF. Mantle is an underrated but also high value ecosystem IMO.
I claimed and staked my next round of NIBI tokens. Holding for now. Again, at the current market cap the risk to possible reward for holding makes sense.
I claimed and staked my MXM tokens. This was the final distribution. Now, I hold for higher prices.
I claimed and sold my INJ staking rewards.
I did two OTC deals this week. These are deals done directly with the team to buy the tokens at a better than market rate, but the caveat here is that they have lock ups and vesting terms. Anyway, it is for two cryptos that I am bullish on:
- Illuvium is a beautiful looking crypto game which just closed a big fundraise with big VCs, of which I was part via this deal. I already have a big bag of ILV.
- Fantom FTM is a blockchain network that is making a big comeback this cycle as hype builds around the new tech release called Sonic later this year. The layer one space is intensely competitive, but I could see this getting some narrative.
I am looking forward to the Zerolend airdrop snapshot so I can sell my Manta. Hopefully it happens at a profitable moment. But until then it could be worth keeping it in the farm.
So, Prisma Finance got hacked last week. Crap. Token price is down bad, and it was already suffering due to high inflation. Hopefully it can recover, but if they can’t then this one could be a write off. It had been going so well too…
Farming
I am eligible for a nice chunk of ZEUS coins thanks to an airdrop from them as part of my JUP staking.
Jupiter has been an insanely bullish coin so far and has great narrative potential for the bull run. For what it is worth, I will probably sell my ZEUS bags when I get them and plow that money back into JUP.
If you voted then you can claim your airdrop here.
I grabbed a few domain names over at Base Name in case they do an airdrop some day.
I took my money out of Cega on Solana, I didn’t see any reason to keep funds there.
I claimed my Wormhole W airdrop. This one was a big win, but much of that win came from just…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
