Cryptoiz Research

The world #kripto is currently being shocked by the emergence of a new trend, namely ERC-404 standardized tokens. Even though it is still in the experimental stage and has not been fully audited by external parties, this token has managed to attract the attention of investors.### Getting to know ERC-404ERC-404 is an unofficial #Ethereum token standard that gained popularity thanks to the Pandora project. Currently, Pandora's capitalization stands at US$234 million, with token #PANDORA having a value of US$29,000, an increase of 10,000% since its launch on February 2. ERC-404 combines the advantages of ERC-20 (ordinary tokens) and ERC-721 (NFT), where each purchasing one token will get one NFT. It is important to note that ERC-404 transactions are valid in integer multiples, for example, one token gets one NFT, two tokens get two NFTs, and so on. ### Risks of ERC-404 Tokens Despite offering innovation, ERC-404 also has some risks things to consider: 1. Unrecognized Status: ERC-404, although following the ERC standard format, is not yet recognized as an official Ethereum standard, it is only experimental.2. Can't Choose NFT: Users purchasing ERC-404 tokens on Uniswap cannot choose which NFT to acquire, presenting a practical challenge.3. Potential for Manipulation: There is a risk of manipulation of NFT scarcity, with predictable algorithms, unfairly influencing the market and distribution.4. Experimental Stage: ERC-404 is still in the experimental stage, so investors are cautioned against being too tempted by hype and FOMO, while evaluating long-term practicality and stability. While ERC-404 promises greater NFT flexibility, it is important for market participants to consider the risks -these risks before fully adopting this mechanism.

Billy Markus, one of the two creators of Dogecoin, expressed his desire to switch to artificial intelligence in an unexpected statement in the New Year.
Dogecoin Founder Reveals Surprise Regarding Artificial Intelligence
Billy Markus, who created the first and now iconic cryptocurrency, Dogecoin, with Jackson Palmer about 10 years ago, entered the social media platform Twitter/X and shared one of his first tweets of 2024 with his millions of followers.
This was an off-the-cuff tweet about AI and new year's resolutions, but it seemed more related to things people can do with the help of AI in the new year.

The recent rise in Bitcoin prices marks a positive start to the halving year, after experiencing a period of difficulty in the last few weeks of 2023. The cryptocurrency saw a significant increase, of more than 7%, against the US dollar in the space of two days, reaching the new 18-month peak was around $45,500.
The rise has been largely attributed to growing interest from institutional investors, seen in dwindling Bitcoin balances on major exchanges. Additionally, Bitcoin is attracting increasing global attention as a potential hedge against fiat currency inflation.

A recent crypto market analysis by renowned experts Stockmoney Lizards provides in-depth insights into current crypto trends and predictions for the future. Please note that these views are not financial advice.
Main Projections:
Bullish Momentum Remains Strong: Stockmoney Lizards highlights the continuation of the bullish trend occurring in the crypto market. This optimism is fueled by growing Bitcoin adoption, the launch of a Bitcoin Exchange-Traded Fund (ETF), and increased investment from institutional players. Bitcoin's role as "digital gold" and as a hedge against inflation also supports this positive outlook. Anticipate Volatility and Corrections: Despite the dominant bullish trend, this analyst expects volatility and corrections, especially in early 2024, when the price may experience a decline to mid $30,000 range. A realistic understanding of short-term market fluctuations is acknowledged in this analysis.New Tops and Halving Impact: This analysis forecasts Bitcoin reaching a new record high (ATH) in 2024, driven by a halving event and widespread adoption. Based on historical patterns, other predictions mention the possibility of reaching a new ATH by the end of 2025, providing a long-term view for investors. Influential Macro Factors: In the context of broader economic issues such as recession and inflation, these factors are considered favorable for Bitcoin. Belief in Bitcoin as a stable store of value during times of economic uncertainty is a strong driver for the continuation of the current bullish trend.Continued Bull Run: Several catalysts are anticipated to sustain the market's positive movement. This belief stems from internal crypto market dynamics and supportive external economic conditions.

The new year started with a $225 million crypto market liquidation. The crypto market opened the new year at a slow pace, resulting in more than 99,000 traders being liquidated with a total loss of around $225 million in the past day.
Based on data from Coinglass, traders who placed bets on price increases had to bear the largest losses, amounting to around $135.70 million in liquidations. On the other hand, traders with a bearish (short) view suffered losses of $87.81 million during the reporting period.

Introduction:
Solana experienced significant growth in 2021, but faced challenges in 2022 including a bear market, FTX issues, and network outages.Despite doubts, Solana has shown resilience with outperforming prices, strengthened fundamentals, and growing developer momentum.
Key Takeaways:
Fundamentals for Future Growth:Network upgrades, innovations like SuperTokens, and developer momentum position Solana well.On-Chain Metrics:Long-term holder accumulation and efficient liquidity use on Solana.Major Narratives for 2024:LSD-Fi, real-world assets (RWAs), and decentralized physical infrastructure (DePIN).Risks:Future FTX estate SOL unlocks and competition from Ethereum layer 2 solutions or new blockchains.
Five Fundamental Factors Propelling SOL:
Nearly 100% Uptime:Improved stability with only one outage in 2023 due to the 1.14 network upgrade.1.16 Upgrade:Dramatic reduction in RAM usage, introduction of confidential transfers, and enhanced support for zero-knowledge proofs.Firedancer:A revolutionary Solana validator client improving efficiency and scalability, setting the stage for scalability improvements.SuperToken:Major innovation offering novel capabilities, enhancing DeFi privacy, and enabling various use cases.VC Funding Driving Ecosystem Innovation:Despite an 85% decrease in monthly VC funding, Solana’s hackathons and developer momentum demonstrate strength.
Three On-Chain Metrics Supporting Bull Case:
Exchange Balances:Recent uptick in exchange inflows, but long-term holders show accumulation.Solana Active Stake:Despite short-term price surge, total staked SOL has modestly increased, indicating strong long-term holder commitment.Growing Trading Volume:Solana’s trading revenue surpasses Ethereum, highlighting efficient liquidity use.
Three Exciting Narratives in 2024:
LSD-Fi:Liquid staking protocols driving TVL growth, with potential for LSD-Fi protocols to attract new liquidity.RWAs:SuperToken’s launch enhancing real-world asset integration, fostering innovation in RWA protocols.DePIN:Emergence of Decentralized Physical Infrastructure Networks (DePIN) on Solana, attracting new users and opportunities.
Potential Risks to Watch:
FTX Estate Holdings:Unlocks of FTX estate SOL holdings may introduce selling pressure.Increased Competition:Possibility of other blockchains improving to outperform Solana, particularly monitoring Ethereum’s scaling advancements.
SOL Price Target 2025:
Based on historical ratios and Solana capturing 5% of Ethereum’s market value, a target of 0.05 ETH/SOL is reasonable.Price projections range from $150 to $500 depending on Ethereum’s price.
Disclaimer: The information is not financial or investment advice, provided for entertainment purposes only, and individual responsibility is emphasized for capital-related decisions.