Altcoin Investing Pick: Radiant Capital
PLUS Special Black Friday Offer!
It’s Pick Day!
Every Saturday, you get deep dives on quality Altcoin projects that have numerous growth potential included in our watchlist.
Today we’ll dive into Radiant Capital.
Before we get started, I have two quick things to share with you today:
#1. We sold GNOSIS (+12% in 5 days)
Crypto markets these days can quickly disconnect you from reality: +50% here, +100% there.
By the way, two days ago we wrote about the current situation and two tactical trading ideas to make profits.
It’s easy to let FOMO kick in in your strategies. What really matters is being profitable and not looking for the highest return possible.
That’s why is so important to have an investment thesis, especially for tactical trades.
It's basically a business plan, but for investment ideas.
By creating a thesis, you can turn investment ideas into expected returns and probabilities.
Our Thesis
Given the market conditions and price fluctuations of competitors in the sector, we aimed for a return of 10%+ in less than 2 weeks.
We sold GNOSIS two days ago at $175,88
This was our GNOSIS due diligence we published a week ago in our premium section:
We bought GNOSIS at $156,64.
Very attractive valuation: MC/LTV of 1.84 with a TVL of $216,08m (Polygon’s is $830,68m)
Usage growth higher than all chains (no ETH) in the last year: LTV Change (1Y) +69% (vs +9%)
High-growth Usage Trend: LTV Change (1M): +40%
#2. Black Friday Offer: Get 50% off our premium subscription!
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Okay, now let’s dive into Radiant Capital!
Radiant Capital
Radiant Capital is a non-custodial omni-chain lending protocol built on Layer Zero. Radiant Capital was launched in 2022 on Arbitrum. Radiant's mission is to simplify and innovate in the DeFi space.
The Basics
Industry: DeFi
Vertical: Lending
Market Cap: $92.67M (+613% last 365 days)
Current Price: $0.247
All Time High: $0.671
Founders: Anonymous
How does it work: Lenders deposit funds into Radiant Capital and receive interest payments from borrowers (supply-side fees).
What we like
🎯 Target market: The Radiant DAO’s mission is to unify the billions in fragmented liquidity across Web3 money markets under one safe, user-friendly, capital-efficient omnichain protocol. In other words, Radiant operates at the intersection between DeFi and Web3 infrastructure, positioning itself in a very specific and fast growing market.
🚀 Traction: 155,000+ holders and a TVL growth of 1221.3% in the last 365 days.
👩💻 Arbitrium: More than 50% of Radiant’s TVL it’s on Arbitrum. Arbitrum has emerged as the top Ethereum scaling solution, thanks to its innovative technology and strong community-driven ecosystem.
AIP Scorecard
PLUS: Buy or Skip Rating