“Should Have Bought” is a news podcast featuring the ForkLog editorial team and friends, discussing the week’s major industry events and the hottest tokens.
This episode covers post-halving bitcoin price forecasts, Ethena and Wormhole airdrops, Blast’s transformation into a real DeFi ecosystem, and the upcoming Notcoin listing.
Participants: ForkLog authors Lena Jess, Alex K., Vasily Smirnov.
Special guest: Wallet’s Commercial Director Alex Kruglov.
Volatility Makes a Comeback
Recently, the price of the leading cryptocurrency plummeted from around $69,500 to $65,000. Ethereum’s rate fell to $3,250.
This correction was accompanied by mass liquidations of long positions.
However, many market analysts remain optimistic. For instance, Morgan Creek Capital CEO Mark Yusko expects bitcoin to reach $150,000 by the end of the year. He predicts the post-halving growth will continue for the next nine months.
Mysterious Bitcoin Transfer to Coinbase
A US government-controlled wallet holding 30,174 BTC initiated a transfer of ~2,000 BTC to a Coinbase Prime address.
Experts speculated on the sale of assets seized from James Zhong. In April 2023, he was sentenced to a year in prison for stealing 50,000 BTC from the Silk Road darknet marketplace.
Although such a transaction could have unsettled traders, the market remained calm, showing relatively positive daily dynamics.
“I’m glad [the US government] is doing this, returning [assets] to the markets. In any case, buy the dips,” noted MN Trading founder Michaël van de Poppe.
Unpredictable Blast
The L2 solution Blast ecosystem has climbed to sixth place in the DeFiLlama rankings. Its TVL reached $1.37 billion, surpassing Base, Avalanche, and Polygon.
Recently, the Uniswap Labs team deployed the namesake protocol on Blast.
“Liquidity providers in pools with USDB or WETH tokens can earn native income (as if they were holding these coins in a Blast wallet),” the developers emphasized.
The project was launched in November 2023 by the founder of the NFT marketplace Blur under the pseudonym Pacman. Initially, the protocol lacked even a test network and offered users to deposit coins via a bridge.
Upcoming Notcoin Listing
The gaming Web3 project Notcoin has scheduled the listing of the NOT token for April 20. The event coincides with the halving of the first cryptocurrency.
Notcoin has attracted nearly 35.2 million users, which is 0.44% of the world’s population.
The game operates as an application in Telegram. For about three months, users mined non-existent tokens by clicking on an animated coin image on the screen.
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