Crypto Investment Update – June 2024

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2024/07/04/crypto-investment-update-june-2024/

This is a performance update to my crypto portfolio posted here: https://pwlcm.wordpress.com/2024/06/01/crypto-investment-update-may-2024/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

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LUNA 2.0 Airdrop Update – June 2024

Update on 9 August 2024
Just checked and realized that Tokenize Exchange didn’t credit the LUNA 2.0 airdrop on 9 June 2024. They are supposed to send out the airdrops over 2 years. It is missing 6 months worth of airdrops as of today. I had sent them an email for follow up.

Performance Update

Here are the charts of the 4 crypto coins in my portfolio as of end June 2024:

After a recovery in May 2024, the crypto market took a turn to the downside in June 2024. All 3 coins (BTC/ETH/SOL) broke below their respective Ichimoku Clouds, with BTC and SOL showing Bearish Twist at the right hand side. Only ETH managed to rebound into the cloud.

The 3 coins seemed to be consolidating in their respective regions, waiting for breakouts either on the upside or downside. The longer the consolidation takes, the stronger the breakout movements would be.

My crypto portfolio performance as of 30 June 2024:

With the downturn in June 2024, my crypto portfolio allocation, return and XIRR all dropped below last month's levels. However, the XIRR is still in the respectable double digit level.

Referral Links

Tokenize Exchange: https://tokenize.exchange/topic/invited/?invite_code=Vn58M