👀 Three things you can't miss this week

GM everyone. This is 2036. We scroll for gems all day so you don’t have to.

Coinbase stock is severely undervalued, Illuvium is launching this week, and Shrapnel is a new opportunity we’ve got eyes on.

Here’s a run-down of the actionable things I’m paying attention to this week 🍲…

Let’s dig in.

1/ Crypto stocks remain one of the best opportunities in crypto right now 🏦

Until recently, GBTC and ETHE were the most attractive and lucrative trades in crypto stocks.

But they’re up over +260% this year, and their discounts have narrowed to less than -10%, making them less attractive than other bets.

So, two weeks ago, we started rotating funds into Coinbase stock ($COIN) and bitcoin miners.

TLDR: because they trade like stocks - and are valued by clueless Wall Street bankers - crypto stocks are some of the most overlooked investments in crypto.

The Wall Street consensus was that $COIN would be up just +8% by next year.

But since our post two weeks ago, the stock is already up +25%.

And that’s just the beginning.

Trading volume on $COIN remains ridiculously low, and the stock is still -66% down from its all-time high two years ago.

Yet, trading volume on Coinbase continues to increase. And with Binance poised to leave the US, we expect this trend will continue.

Bitcoin miners - including $RIOT and $CLSK - are up +24% and +44%, respectively, in the same time frame.

I’ll show you how to juice those returns soon.

2/ Crypto games are still front-and-center 🎮

Since we first wrote about Illuvium ($ILV), the token is up +101%.

If you got in on the trade, congratulations.

The game will officially launch on Epic Games tomorrow. This could be a buy the rumor, sell the news event.

In the long-term, however, $ILV is still down more than -93% from its all-time high.

That means it still has a lot of room to run.

Similarly, Shrapnel is a game that has been in development for years. I met its team at the Avalanche Summit in March 2022.

The game is fantastic and easy to get into. The token ($SHRAP) has a market cap of less than $50M.

Shrapnel also has NFTs, so I’ll dive more into how to position yourself on Shrapnel this week.

3/ Ethereum is still set to pop 🎈

Lately, everyone’s been sh*tting on Ethereum in favor of Solana.

But that doesn’t mean you should do the same.

Anytime something high-quality goes out of favor, it’s time to pay attention.

Blackrock has officially filed for an Ether ETF. It’s only a matter of time before the narrative shifts back in Ethereum’s favor.

And with the ETHE discount closing, most new ETH purchases will flow directly into ETH, not ETHE.

Don’t be surprised if ETH takes off out of nowhere.

BONUS: $550 million has been transferred to a new Layer 2: Blast. It promises juicy airdrops, one of the most lucrative ways to make money in crypto.

But is it all that it’s hyped to be?

I’ll explain it in detail this week… so stay tuned 👀

1/ Coinbase stock rises to highest since May 2022

2/ Blast hits $390 million TVL with no product

3/ A crypto lovers’ gift guide