Speaker 1: Hey, it's Alex with the Token Metrics Daily Pulse for
Speaker 1: March second, twenty twenty six. Hope you had a good weekend.
Speaker 1: We've got a honestly a pretty wild mix today, massive
Speaker 1: sector rotations, some real drama at polymarket. But first, a
Speaker 1: quick word from our sponsor. Okay, so here's what's happening,
Speaker 1: and Jack Dorsey making moves that tell us a lot
Speaker 1: about where fintech is heading. So let's talk about where
Speaker 1: the money is actually going. If you looked at your
Speaker 1: portfolio this week, you might be confused. AI tokens they
Speaker 1: took a hit down about thirteen percent, but gaming tokens
Speaker 1: they went absolutely parabolic, up over sixty percent. That is
Speaker 1: a violent rotation. It's not money leaving crypto, it's just
Speaker 1: money sprinting from one room to another. While everyone was
Speaker 1: staring at compute credits, gaming tokens quietly woke up. And
Speaker 1: this isn't just noise. It's a five billion dollars sector
Speaker 1: decoupling from the rest of the market. If you're holding
Speaker 1: gaming band eggs, congrats, But if you're chasing it now,
Speaker 1: be careful. Now, if you look at the big board,
Speaker 1: it's deceptively quiet compared to that gaming pump. Bitcoin is
Speaker 1: hanging around sixty seven sixty eight thousand, Ethereum is hovering
Speaker 1: near two thousand. Nothing crazy on the surface, but here's
Speaker 1: the thing. Bitcoin dominance is sitting tight at fifty six percent.
Speaker 1: That tells me alts are bleeding against bitcoin. Unless you're
Speaker 1: in that specific gaming narrative we just talked about. We're
Speaker 1: kind of in this apathy zone for bitcoin, stuck between
Speaker 1: sixty and sixty nine k. Sellers are tired, buyers are bored,
Speaker 1: and usually that ends with a bang, not a whimper.
Speaker 1: There's a few other stories that caught my eye today,
Speaker 1: and this first one is just rich with irony. So
Speaker 1: polymarket the truth market, right, Well, it turns out some
Speaker 1: betters made over a million dollars front running a zach
Speaker 1: XBT investigation before it went public, at least twelve wallets
Speaker 1: positioned perfectly before the news dropped. It's it's the ultimate irony.
Speaker 1: A platform designed to reveal the truth is being used
Speaker 1: to profit from hidden info. If prediction markets just become
Speaker 1: insider trading venues, they lose that oracle status pretty fast.
Speaker 1: And then there's block Jack Dorsey's company. They're cutting forty
Speaker 1: percent of their staff. Now. On the surface, they say
Speaker 1: it's a pivot to AI, but look deeper. Stable coins
Speaker 1: are pressuring payment margins by offering cheaper settlement rails. When
Speaker 1: a fintech giant retreats to twenty nineteen scale, it's a
Speaker 1: signal the efficiency of crypto rails is finally showing up
Speaker 1: on corporate balance sheets, unfortunately as layoffs. Also, we have
Speaker 1: to talk about world liberty financial I know, I know
Speaker 1: a lot of people dismissed it as a gimmick, but
Speaker 1: the supply of their stable coin just topped four point
Speaker 1: seven billion dollars. That is a massive amount of capital
Speaker 1: they're tying voting how to staking now, which effectively locks
Speaker 1: that money down. Love it or hate it? Nearly five
Speaker 1: billion in TVL makes them a heavyweight player overnight if
Speaker 1: they decide to throw that weight around in governance votes.
Speaker 1: All right, before we get into the risks, quick word
Speaker 1: from our sponsor. Okay, we're back. Let's talk about what
Speaker 1: to watch for. Things could get interesting. So what should
Speaker 1: you actually be worried about right now? First off, complacency
Speaker 1: prediction markets are pricing in nothing happens across the board,
Speaker 1: and when the market gets this sure of itself, something
Speaker 1: usually breaks. Second, don't get caught holding the bag on
Speaker 1: this gaming rotation. When things move sixty percent in a week,
Speaker 1: the pullback is usually nasty. And keep an eye on
Speaker 1: the regulators. The OCC is looking at stable coin rewards,
Speaker 1: which could squeeze yields for anyone relying on that passive income.
Speaker 1: And looking ahead. We just wrapped up the monthly close.
Speaker 1: We really need bitcoin to hold above sixty k to
Speaker 1: keep the long term bullet structure alive. If we start
Speaker 1: grinding below sixty six, we might be testing those lower
Speaker 1: supports sooner than you'd like. Just keep your eyes on
Speaker 1: the volume. By the way, if you want the full
Speaker 1: written breakdown of that gaming rotation, check out our newsletter
Speaker 1: at Pulse dot Tokenmetrics dot com. This is educational content,
Speaker 1: not investment advice. Always do your own research. I'm alex
Speaker 1: ce you next time.