Understanding Crypto Fundamental Analysis:

1. On-chain Metrics:
   • Number of Transactions:
     • Indicates cryptocurrency usage and adoption.
     • High transaction volume suggests a healthy and growing network.
     • Low transaction volume indicate low popularity
   • Transaction Value and Fees:
     • Reflects financial health and adoption.
     • Higher values and fees indicate demand and economic activity.
     • Lower values and lower fees indicate decreased activity
   • Active Addresses:
     • Identifies the number of unique addresses involved in transactions.
     • Increasing active addresses signify adoption and growth.
   • Hash Rate and Staking:
     • Hash rate for PoW, indicating network security.
     • Staking for PoS, showing popularity and security.
2. Financial Metrics:
   • Market Capitalization:
     • Estimates a project’s overall size and value.
     • Calculated by total circulating supply multiplied by the current price.
   • Trading Volume and Liquidity:
     • High trading volume indicates market interest and liquidity.
     • Exchange listings contribute to liquidity.
   • Tokenomics and Supply:
     • Research token design, maximum supply, circulating supply, and token unlocks.
     • Consider vesting schedules and upcoming token unlock events.
3. Project Metrics:
   • Whitepaper:
     • Analyze the comprehensive technical document outlining project goals, technology, and team.
     • Whitepaper serves as a roadmap and reveals the project's potential.
     • The Whitepaper can be typically be found on the tokens listing. If they're Whitepaper is poorly written it is a RED FLAG.
     • Watch if the project holds it's deadlines on achieving it's goals
   • Background Analysis:
     • Thoroughly investigate the project team's backgrounds, track records, and experience.
     • Reliable teams with a history of success increase a project's likelihood of success.
   • Comparing Competition:
     • Conduct competitive analysis to understand the project's position in the market.
     • Evaluate adoption curve and market standing relative to similar projects.

Closing Thoughts:

• Importance of Fundamental Analysis:
  • Essential for assessing potential and risks in cryptocurrency investments.
  • Enables well-informed decisions in the dynamic crypto landscape.
• Leveraging Blockchain Transparency:
  • Blockchain technology provides transparency for on-chain metrics.
  • Online resources like Glassnode, Messari, CryptoQuant aid investors in analysis.
• Key Project Metrics:
  • Understanding whitepapers, team backgrounds, and competitive positioning is crucial.
  • Fundamental analysis helps investors maximize returns while minimizing risks in crypto investments.

Note: DYOR (Do Your Own Research) is emphasized, and thorough fundamental analysis is essential for making informed investment decisions in the cryptocurrency market. FOR A MORE DETAILED VERSION CHECK OUT DROOMDROOM's GUIDE

BONK Surges 31% How High Can The Coin Go In 2024? [BONUS FREE ANALYSIS]

BONK Coin's Rollercoaster Ride: A Recap and Future Predictions for 2024

1. Overview:
   • BONK coin gained attention with a strong performance at the end of the previous year.
   • Notable for exceptional gains, high-profile listings, and recent corrections.
2. Key Milestones:
   • Surge initiated with single-sided staking introduction on December 1.
   • Coinbase listing led to a 50% single-day rally on December 14.
   • Binance listing resulted in a value increase of over 100%.
3. Competition and Challenges:
   • Faces strong competition from established meme coins like Dogecoin and Shiba Inu.
   • Competitors boast significantly larger market capitalizations.
4. Performance and Correction:
   • Experienced a meteoric rise in December followed by a significant correction, shedding over 70% of its value.
   • Recent positive turn, with a 30% surge, currently trading at $0.00001276.
5. Future Predictions for 2024:
   • Bullish signals for BONK driven by community support and major exchange listings.
   • Telegaon predicts a maximum trading value of $0.0000604 in 2024.
   • Positive market sentiments could drive the average price to around $0.0000569.
   • Accounts for potential market downturns, with a minimum projected price of $0.0000512.
   • Overall analysis anticipates the possibility of BONK surpassing its recent all-time high with a strong bull run in 2024.
6. Reflection on Meme Coins' Nature:
   • BONK's journey reflects the volatile nature of meme coins in the crypto space.
   • Highs and corrections are characteristic of meme coins, showcasing their unpredictable nature.

Thailand Moves Towards $14 Billion Digital Wallet Program

Thailand Approves $14 Billion Digital Handout Program for Economic Recovery

1. Overview:
   • Thailand's government secures approval for a $14 billion digital handout program.
   • Aimed at stimulating economic recovery, the program faces concerns about inflation risks.
2. Digital Handout Program Details:
   • Key policy of the ruling Pheu Thai party.
   • Involves distributing 10,000 baht (approx. $300) to digital wallets for each of the 50 million Thai citizens.
   • Aims to boost local spending and provide an economic stimulus.
3. Government's Perspective:
   • Government asserts that the program will benefit the economy.
   • Deputy Finance Minister Julapun Amornvivat confirms the plan, stating no legal obstacles were found.
   • Funding to come from borrowing, with plans to proceed in May.
4. Council of State and Opposition Concerns:
   • Initial concerns raised by the Council of State regarding potential violations of constitutional articles.
   • Opposition worried about inflation risks and a breach of fiscal discipline laws.
   • Ultimately, the Council of State finds no reason to prohibit borrowing for the program.
5. Implementation Timeline:
   • Program set to commence by May, as affirmed by Prime Minister Srettha Thavisin.
   • Thais to receive funds via a mobile app through the "digital wallet" program.
6. Background and Political Context:
   • Proposed by Pheu Thai Party in April of the previous year, part of the election manifesto.
   • Srettha Thavisin, who had experience with crypto and blockchain, appointed Prime Minister.
   • Critics argue potential fiscal irresponsibility and inflation risks.
7. Economic Growth Expectations:
   • Thai Chamber of Commerce anticipates 3% YoY growth in Q1 2024, driven by tourism and exports.
   • Digital wallet scheme could potentially add 1.0-1.5 percentage points to this year's growth, according to the chamber.
8. Future Discussions:
   • Prime Minister Srettha plans to discuss the stimulus plan and related matters with the central bank governor.
   • Ongoing debates about the fiscal responsibility and potential impact on inflation.