Q4

"Asia-Pacific Crypto Early Investor Research Report": 85% of Crypto early investors use RootData to improve decision quality, and 27% of investors will increase their investment frequency in Q4

ChainCatcher news, according to Decrypt, Blocktempo and ChainCatcher recently launched a survey targeting early-stage crypto investors in the Asia-Pacific region. The participants included native crypto venture capital funds, traditional venture capital funds, individual investors, and family offices, resulting in 1,084 valid responses.According to the survey, the following key points were noted:• 90% of investors have a single investment amount within $1 million.• In terms of investment data inquiry and project tracking, 85% of early-stage investors chose to use RootData, making it the most commonly used data decision-making platform for early-stage crypto investors in the Asia-Pacific region. Cryptorank and Crunchbase are also commonly used data platforms for cross-validation by early-stage crypto investors.• Regarding project evaluation criteria, team background and experience (75%), technological innovation (53%), and business model (45%) are considered the most important. The main challenges include project information transparency (61%) and rapid industry changes (43%).• Investors believe that DeFi (41%), Bitcoin ecosystem (34%), and RWA (32%) are undervalued sectors, while Layer1/Layer2 (48%) is seen as an overvalued sector.• 42% of investors plan to maintain their current investment pace over the next four months, 27% plan to increase their investment intensity, 22% plan to reduce their investment intensity, and a small number of investors (9%) hold a cautious or uncertain attitude towards the market outlook, finding it difficult to judge or choosing to stop investing. Additionally, 44% of professional investors believe that there have been no significant innovations in the crypto industry this year.The research report also surveyed investors' investment strategies, research methods, due diligence approaches, etc. Click here to access the complete research report.

RootData: Q4 popular TGE projects focus on L1/L2 infrastructure, LRT, and derivative DeFi

ChainCatcher news, according to the "RootData Q3 2024 Web3 Industry Investment Research Report", the popular TGE projects for Q4 2024 mainly include L1/L2 infrastructure, LRT, and derivative DeFi, followed by the Solana ecosystem, RWA, and DePIN applications.Monad has received the highest funding and support from 8 leading institutions, and is expected to launch on Coinbase, Binance, and OKX, with an estimated selling pressure of 32 to 2 times. Eigen has received the third highest funding and support from 6 leading institutions, with a post-TGE multiple of 43 to 3. Unlike the tokens that launched this year with higher multiples, the selling pressure is moderate, and the valuation makes it difficult for institutions to recover costs during the first unlock. Projects supported by 4 to 5 leading institutions include Farcaster, Berachain, Scroll, Babylon, Morpho, and Movement, among which Scroll, Babylon, and Movement are expected to have higher multiples, all backed by CEX institutions, and are anticipated to achieve good exit liquidity in a favorable market.Q4 popular TGE funding overview:Projects with total funding exceeding $100 million include Monad, Farcaster, EigenLayer, Magic Eden, and Berachain;Projects with total funding between $50 million and $100 million include Babylon, Scroll, Morpho, and Eclipse;Projects with total funding between $10 million and $50 million include XION (Burnt), Movement, Puffer, Walletconnect, and Sophon;Projects with total funding less than $10 million include Roam, Symbiotic, deBridge, and Grass.

LongHash Ventures Partner: Funds for the fund and direct investments are running out, the entire market is bullish in Q4 this year and Q1 next year

ChainCatcher news, LongHash Ventures partner emmacui.eth shared insights on Token2049 and Solana Breakpoint on X.Key points are as follows:Funds and direct investment capital are drying up. Western general partners (GPs) are flocking to Asia for fundraising. Those unable to raise their next fund are seeking to change investment mandates to recoup capital. Funds are lowering their fundraising targets. The distributed capital return rate (DPI) for 2021 and subsequent years is very poor, while the multiple on invested capital (MOIC) is difficult to compare.Infra fatigue is real. There are over 700 side events, most of which are infrastructure projects. Everyone is trying to figure out a granular narrative to distinguish themselves from other infrastructure projects in the same category.Solana Breakpoint is refreshing. This event is filled with developers rather than BD personnel.The entire market is bullish for Q4 2024 and Q1 next year. The main catalysts are interest rate cuts and the U.S. presidential election. We have already seen price movements after Token2049.Reputation matters. As cryptocurrency matures, its surface area becomes larger. Investors/projects can conduct due diligence (DD) on specific founders/projects/investors in more ways. We are starting to see people put in more effort for DD before investing/hiring/joining projects. This is a sign of maturity.

Analyst: Bitcoin is expected to break through in Q4, driven by institutional demand and innovation, which will push cryptocurrency prices up

ChainCatcher news, according to The Block, as the fourth quarter of 2024 approaches, some analysts predict that Bitcoin and the broader cryptocurrency market will continue to rise, primarily driven by institutional adoption and macroeconomic factors.Gabriel Selby, Chief Research Analyst at CF Benchmarks, stated in the report: "Against the backdrop of macro changes and institutional adoption, digital assets are expected to continue growing in the fourth quarter as sovereign balance sheets come under pressure, and investors will seek long-term hedging tools like Bitcoin."Selby noted that after the presidential election on November 5, there could be significant changes in the U.S. regulatory landscape, creating a favorable environment for cryptocurrency innovation. "We are seeing conditions that enhance investor confidence and drive capital formation."Ryan Lee, Chief Analyst at Bitget Research, is also bullish on Bitcoin's performance in the last quarter. He stated: "Bitcoin is expected to perform better in October than in September, with a target price range of $58,000 to $72,000."Lee pointed out several compelling signs in the derivatives market, including multiple instances of negative funding rates in Bitcoin futures in September, and the fear and greed index still hovering in the "extreme fear" zone. "Historically, these factors often herald the arrival of a significant rebound."
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