This Bitcoin L2 Has Top Backers! (Get Ready for 10X Gains!)
🎯 Summary
[{“key_takeaways”=>[“The success of Astero is attributed to endorsement/investment from CZ (Binance founder), establishing a ‘CZ narrative’ blueprint for finding the next pump.”, “The host is actively tracking investments made by YZI Labs (formerly Binance Labs) to find the next high-potential altcoin.”, “SafePow was mentioned as another project recently tweeted about by CZ, reinforcing the current focus on his portfolio.”, “The search methodology involved filtering YZI Labs’ 271 investments by setting a minimum market cap of $100 million and looking for recent activity.”, “Hemi was selected due to its strong recent trading volume ($538M), current uptrend, and recent investment from YZI Labs and Crypto.com.”, “Hemi is a Bitcoin DeFi project focused on bridging Bitcoin nodes with EVM smart contracts, boasting over $1 Billion in TVL.”, “The host explicitly states an intention to ‘ape in’ to Hemi, emphasizing riding the current narrative.”], “overview”=>”Following the massive success of Astero, which surged after a tweet from Binance founder CZ, the host identifies a new potential 10x opportunity by tracking the investment patterns of CZ’s venture arm, YZI Labs. The analysis focuses on filtering YZI Labs’ extensive portfolio to find a recently invested, trending, and fundamentally sound project. The identified coin, Hemi, is presented as the next major altcoin to capitalize on the "CZ narrative" due to its recent funding round participation by YZI Labs and its focus on Bitcoin DeFi.”, “themes”=>[“Following Influencer/Backer Narratives (CZ/YZI Labs)”, “Altcoin Selection Strategy (Filtering Venture Portfolios)”, “Bitcoin DeFi and EVM Interoperability”, “Identifying High-Volume, Trending Assets”, “Venture Capital Investment Tracking”]}]
🏢 Companies Mentioned
💬 Key Insights
"It is going to be a Bitcoin DeFi project. I looked into it. It's essentially going to be EVM capabilities. It's got a Bitcoin node wrapped with the EVM smart contract. So it's going to be bridging Ethereum and Bitcoin."
"He posted about another project that is working with Astero. SafePow is also a portfolio invested way back. So CZ invested in Astero. He tweeted about Astero. It pumped hard. CZ this morning tweeted about SafePow and look at that right there. So it is now CZ season."
"YZI Labs is a recent investor. And so that makes me want to go to YZI Labs, go to overview and see their most recent funding rounds. Again, Sandbox is on there. Some of these are going to have projects they invested in years ago. I'm not interested in what Binance Labs, now called YZI Labs, I'm not interested in what they invested in 2021. Like I said, I want to see what they're interested in today, the things they're looking at recently."
"We need to look at CZ's family office, formerly called Binance Labs. Now it's called YZI Labs. This team formerly led by CZ continues his market expansion."
"Astero was able to do so well, price-wise, off the strength of CZ, Changping Zhao, the founder and CEO of Binance, holds the title of the wealthiest person in the cryptocurrency industry."
"I want to see things that are actually being traded. Now we're going to search by this and now something really interesting is starting to pop up here. One, we do want it to be directionally bullish. We want this coin to ride the CZ narrative."