Recent Crypto Activities and Market Outlook Suggest Caution

An overview of recent activities, news, and updates from the last few days: 🟦 Risc Rezo has raised $52 million, supported by Blockchain Capital and Delphi Ventures. They are acquiring new roles in the Guild and other activities can be checked via their platform. 🟦 Fleek secured $35 million, backed by PolyChain Capital and Coinbase Ventures. Interested parties should join the waitlist via the provided link for upcoming opportunities. 🟦 The Ethereum Foundation announced the launch of its Layer 1 zkEVM, a potential growth driver in the future. 🟦 Jiritsu received $10.2 million from Tier-2/3 funds. They are working on an L1 with RWA technology and building with Galxe, with a focus on gaining roles through Discord. 🟦 Recall has secured $30 million, backed by MultiCoin Capital and Coinbase Ventures. They are actively adding new tasks on Galxe and their platform, with ongoing updates available in their Discord. 🟦 Soneium OG holders can now claim a role in their Discord by logging into Guild and claiming the OG Pioneer role. 🟦 Irys introduced new activities: connect the wallet and complete tasks to climb the leaderboard. Previous activities are still accessible. 🟦 Caldera's snapshot was in March 2024. Check eligibility for a drop before July 17th and complete the pre-claim process. 🟦 Sentient has raised $85 million, supported by Pantera Capital. They’ve updated their role system, with guides available online and a form to apply. Regarding market outlook: There is skepticism about the hype around Bitcoin's rise, considering most investors hold only small amounts. A significant increase in BTC does not necessarily lead to a corresponding rise in altcoins. Alt dominance remains around 64%, expected to stay above 50% but not fall below, suggesting a cautious approach to altcoins and a focus on solid projects. Keep an eye on the graphs but do not get overly fixated. Continue working with the current insights. Let's go forward with confidence!