KUCOIN:ALEPHUSDT   Aleph.im / Tether
Picked up $ALEPH at .3113 on Serum. It has the highest yield on Raydium and only has 4m in liquidity vs 97m from STEP. It basically gave back the entire Raydium announcement pump and now is starting to get some buy volume on LTF's. Since there is no perp on FTX this can't get shorted into oblivion like $Step and it's possible that some money starts to rotate into Aleph from Step. With an mcap of 30m there is potential for a multi-bagger here. In general since we are in a chop zone for BTC I like the idea of getting some yield.

From a fundamental POV, similar to NFT's and DeFi I think infrastructure / DeCloud will be an upcoming narrative in crypto. I don't have a strong sense if it can happen this summer or if we need more time for these types of projects to build out. But if I can collect 480% yield in the mean time on this one it seems like a no brainer.

Aleph looks like it has plans to support the following ecosystems as well: Ethereum, Solana, Cosmos, Avalanche, BCS, and Polkadot.

Other DeCloud projects I'm holding and/or are of interest are $AKT, $GRT, $LINK, $HNT, $AR.


Penafian

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