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Happy Hump Day E.T Fam! I hope everyone is doing well. I have some very interesting news to share with you all today. We’ve FINALLY received an update on when #Polkadot parachains will hit the scene! The target for the first slot is mid-December. The #parachain auctions should be happening around late November/early December.
So, for all of you $DOT holders, get ready to back your favorite projects. We’ll also be bringing you all some content focusing on some of the projects that we think have the best chance at securing a parachain slot. In other news, inflation continues to increase. This should come as a surprise to no one. The entire crypto space has been ringing the alarm about the rise in inflation for at least two years now.
While the rise is certainly a concerning matter, luckily you all have the alpha to circumvent the inevitable fallout that will occur. Speaking of circumventing fallouts, Bitcoin’s hash become significantly more decentralized after China’s mining ban earlier this year. This proves that one country don’t stop no show when it comes to crypto (yes, I meant to say it that way)!
Also Fam, we have a new buzzword that has infiltrated the space. “DeFi 2.0” seems like it will be the new tag that will validate the the most “innovative” DeFi projects. However, don’t buy into the hype. As with all other buzzwords, DeFi 2.0 is to be taken with a grain of salt. Tune in as I discussion this and more. Stay bullish E.T Fam!
00:00 = Intro
00:39 = Market watch
01:38 = Bullish crypto news incoming
02:26 = Polkadot season is inbound
04:54 = “Transitionary” inflation
06:44 = Hash rate “renaissance”
07:53 = Coinbase going non-fungible
09:04 = Outro
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR