📅 Web3 Weekly Hot Takes — Aug 17–24
Quick global roundup of last week’s must-see crypto & Web3 stories:
🔥 Major Headlines
• Kanye West drops $YZY — hype & controversy collide. +14x market cap, but high centralization & unclear roadmap.
• Faraday Future enters crypto with C10 Index & Treasury — aiming to deploy $500M+ in digital assets.
• Hyperliquid @HyperliquidX whale Huang Licheng flexes NFT plays — 70/76 trades profitable, peak unrealized gains $35M, quick swings show the thrill of DeFi gaming bets.
📊 Market Insights
• LATAM crypto adoption grows: hundreds of thousands using crypto for p

History shows August usually ends red 📉
October & November are when #Bitcoin# really takes off 🍾
This isn’t a bear market 📈 liftoff is coming
data:@coinglass_com
$BTC $ETH $SOL $WLFI

$ZEC looks ready for a retest — likely pulling back in the next few days to confirm the double bottom neckline 📉
Once that retest holds, the bottom is locked in and the real move up begins 🚀 #ZEC# #Altcoins#