Health, Wealth, and Happiness

May 22, 2024

"If you don't take the time to get really clear about exactly what it is you're trying to accomplish, then you're forever doomed to spend your life achieving the goals of those who do."

- Steve Pavlina

Howdy, investors!

We avoid paying high crypto fees... but we love investing in companies that are earning them. For intelligent crypto investors, read our guide to the projects earning the most fees in 2024.

At least one major global bank is on board with tokenizing real-world assets: Deutsche Bank. Here's why they see tokenization as a way to modernize the financial industry.

Numbers suggest that recent token launches have primarily benefited insiders over investors. Read on to see whether you should avoid buying new tokens.

As institutions and governments become more entwined in crypto, are we betraying the community's initial cypherpunk ideals in the name of public adoption?

Read on!

Top Crypto Companies Earning the Most Fees

by Danielle Greving

Crypto networks charge fees when you buy, sell, or move crypto. These fees help prevent spam, support blockchain security, and aid in platform development: essentially, fees are how crypto companies make money.

Fees fluctuate by network (sometimes even per transaction), and are usually calculated according to urgency, data size, and complexity. For example, a complex transaction on Ethereum (like a payment to many wallets) costs more than a simple transaction (a single wallet).

For crypto investors, fees are a great barometer of a company’s success. Because they are like the revenue of a traditional company, they are one of our most important metrics for identifying promising crypto investments.

This guide has rounded up the top crypto companies earning the most fees.

Get the top 5 highest fee-generating investments here >>

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New Risk Scorecard: Dash (DASH)

As the name implies, Dash (DASH) is a cryptocurrency that prioritizes speed, privacy, and low-cost transactions.

Over the past 52 weeks, native token DASH has seen declines of more than 30%, despite the strength of the overall crypto market.

That being said, is DASH a risky investment, and is there some opportunity for a rebound outside of that risk?

Our analysts put the DASH token through our industry-leading Blockchain Risk Scorecard to give it our famous 1-to-5-star rating on the relative risk.

Premium members can download the Dash Risk Scorecard here to learn what our analysts say about investing in DASH.

Not yet a Premium member? Sign up now to access our complete library of tools to make you a better crypto investor.

Must Read

Today's most important stories for crypto investors.

Deutsche Bank Says Tokenization Is The Future Of Financial Innovation (The Defiant)

Deutsche Bank is joining Project Guardian, an initiative to explore asset tokenization. This continues the bank's trend towards tokenization as a way to modernize the financial industry, and provides evidence that major financial players are getting into RWAs... which can only mean that this technology will continue to grow. (See our Guide to RWAs here.)

Don't Buy That Hot New Token (Bankless)

Call it another example of the rich getting richer: private and inside investors in crypto companies are seeing larger statistical gains than those who buy the token later. The suggestion is that intelligent investors may want to avoid new token offerings, regardless of FOMO they might feel for getting in on the "ground floor." Wait until the project has had some time to prove itself before investing.

The Mixed Blessing of Institutional Adoption (Blockworks)

The history of crypto is the history of cypherpunks. As crypto gains institutional acceptance, it risks losing its rebellious, anti-establishment spirit that powered its foundational communities. Institutional adoption is great for investors, but we risk losing the ethos that got so many investors excited in the first place. It's up to us to keep that cypherpunk spirit alive.

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Chart of the Day

Stablecoin Supply is Growing

The growth in stablecoin supply, as shown in our chart above, shows how the crypto market is continuing to build infrastructure. Stablecoins help liquidity, stability, and adoption, contributing to trust and potential market growth.

For example, increased stablecoin supply increases liquidity within cryptocurrency markets. This liquidity is crucial for the network's stability and its ability to attract individual traders and institutional investors.

The increased stablecoin supply also suggests that more fiat is being converted into crypto assets. This can signify overall market growth because stablecoins are used so widely in trading and other market sectors.

The expanding supply of stablecoins reflects growing confidence and participation in crypto markets, making it a virtuous circle. By providing stability, liquidity, and utility, stablecoins help mitigate some of the inherent risks of this asset class, making crypto investing appealing to a broader audience.

In short: it's a bullish sign.

ICYMI