In this week's analyst table Dan and Sam are joined by Blockworks research analysts Matt and Pibblez to dive into the latest crypto market trends. They analyze the strong performance of NFTs Pudgy Penguins and Mad Lads, Bitcoin, and onchain perps platforms. The group also debates the valuation of Celestia, the profitability of data availability layers, and the longevity of app chains vs layer 2 solutions. Additional topics include the surge in airdrops and the craze around ordinals like Node Monkeys. Thanks for tuning in!

As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

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Timestamps

(0:00) Introduction

(1:16) Pudgy Penguins & Mad Lads Rally

(12:31) Mars Protocol Migrates to Neutron?

(19:37) DAS London Ad

(20:33) Strong Perps Token Performance

(30:00) Bitcoin Bull Performance

(34:24) Ordinal Craze

(42:27) Solana Airdrop Season & Jito Valuation

(49:23) The Celestia Valuation

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.