With the $ARB claim right around the corner, we can expect huge liquidity injection into the arbitrum ecosystem. In this series we will look into the coins that are well poised to take advantage of this.
So today lets look into Camelot($GRAIL).
-------- Camelot($GRAIL) -----------
Camelot has quickly positioned itself to be at the center of the Arbitrum ecosystem with partnerships from OG protocols and being a trusted Dex with great yields. For $GRAIL i wouldn't be astonished if it hits 10k over a couple of months (take it with full-on NFA, DYOR and salt cubes)
GMX -> 469m(663m MC)
Grail -> 80m(27m MC)
Before anyone apes in please keep a note that GRAIL has 12xed in 2 months. The ponzinomics of withdrawing XGRAIL without waiting will lead to a conversion rate of 1xGRAIL = 0.5 Grail (adding to the 1.7k burn of GRAIL up until now) might also have played a role in this astronomical price surge.
My advice would be watch them close, add a little exposure during the dips. If anyone is looking out to DCA in for long-term, you can refer to the below portfolio allocation which I am personally going to use to get exposure to Arbitrum layer 2.