Investing in New Chains: One Man’s Shitcoin is Another Man’s Alpha!

Of Shitcoins and Alphas

In 2022, there are at least 1000 blockchains. 

Blockchain and cryptocurrencies have evolved in use over the last decade and gone are the days when Bitcoin was the only known cryptocurrency. 

We now have many blockchain projects that have been created since the first blockchain application was introduced more than a decade ago. 

How can one spot a new project, invest it and make good returns? We have seen projects whose price has grown with 100X while others have suffered a natural death. 

As new ecosystems are built out, it can be difficult to create a strategy to capture Alpha throughout the development of each ecosystem.

At Momentum 6 through our article; Investing in New Chains: One Man’s Shitcoin is Another Man’s Alpha!, we have analyzed the process that new chains follow to determine how to capture the Alpha. 

Contents

• Examination of the growth of new chains and the processes they follow.

• Role of Farms and Shitcoins

• How shitcoins bring in short term speculation

• What happens to shitcoins that outperform 

• Role of yield aggregators

• The Alpha

---

Before we get started...Want full access to our research? Sign up to our publication to receive daily coverage on everything you need to know about going on in the crypto directly in your inbox:

Done? Now let's dive in!

---

Full Report