April Fools

In Partnership with Vector Reserve

Vector’s vETH TVL has surpassed $20mm and total TVL is $50mm+. With EigenLayer mainnet about to go live in April, Vector represents one of the best opportunities to capitalize on the liquid restaking narrative with its 60% yields, exposure to EigenLayer points and a full basket of LRT reward points. Vector is also launching a vBTC product for Bitcoin staking and vMETIS product for METIS staking, which gives them exposure to multiple narratives.

$70k BTC (Again)

We’re so back (again). BTC is above $70k, ETH is $3,600 and most tokens broadly are bouncing nicely. Base season is still in full swing, with the best performers of the day including ElonRWA, NORMIE, NORMILIO, BLOO, DEGEN and Doginme all up 15%+. Degen trading volumes today were led by SOL as usual with $136mm, followed by Base at $38mm. ETH remains weak at just $18mm of daily degen volumes.

There are quite a few confirmed and rumored launches with hype coming this week including:

• BASEDP

• GAIMIN - launches in a few hours

• NTD

• ROOST at 4pm ET on 3/26

On existing tokens, all attention is on SOL, BASE and BLAST tokens. DEGEN is hitting ATHs, new SOL launch nub has run to $27mm. NORMIE recently hit ATHs as well at $158mm and BLAST meme PAC doubled to $40mm in the last 24hr. On ETH, the most notable strength was seen in LMEOW, which was up 147% to $40mm and with VEC, which was up 46%.

Smart money favorites (as measured by number of $10k+ holders) on ETH are primarily AI/DePin tokens, led by SCALE, OPSEC, ZKML, BLENDR, TPU and DEAI. On BASE, doginme, TOSHI, DEGEN, NORMIE and BRIUN are the favorites.

WHAT TO WATCH TODAY

• JOE on AVAX hitting $1 again

• BlockGames presale starts today

• BASE Szn - All of the Base ecosystem is performing well, with Normie hitting ATHs, DEGEN hitting ATHs and BRETT near ATHs again

• CULT - new ponzi on AVAX worth watching

• BOOP ATH - ARB finally gets a memecoin to run, with BOOP hitting $8.5mm ATHs currently

• GAIMIN launch this morning

• ROOST launch later today

• ETH VPN Season - While a smaller narrative, the strength of SVPN is undeniable, with the token hitting $19mm as of writing.

• YIELD down ~40% (again) and could be a good entry if you are looking for one on this gaming project

A DePin Airdrop to Watch

io.net is a permissionless GPU network that has quickly grown to 155k nodes. Io can save startups 90% on their compute costs while being more efficient than current Cloud offerings. With its TGE approaching soon and the DePin landscape definitely heating up, io.net should be on your radar. There is still time to participate in its airdrop campaign before it ends in late April. Check out this recent space with its founder where they discuss io.net’s capabilities in aggregating underutilized sources of GPU supply into a DePIN.

THINGS TO KEEP ON YOUR RADAR

• SatoshiSync - IDO upcoming next week

• Neural Tensor Dynamics - this TAO staking project is launching soon

• FOUR - Presale is now live for this Base meme coin

• TaoTrade - TPAD has announced its next launchpad sale, TaoTrade, a platform for leveraged derivatives for the TAO ecosystem. The sale is slated for the end of the week, and given the performance of TBANK, is worth watching

• 1intro - potentially a presale soon for this project bringing LBPs to SOL

• CTC - presale starts today for this gaming project on Base

• RIVUS - LBP starts next week

SMART MONEY CORNER - Presented by chainEDGE

• Notable inflows into BEFI, OLAS, EEFI, RWA, GLQ, MOG, BRETT and AGIX today → nearly all the flows on these tokens were buys, totaling $80k+ each

• EVM selling was seen in KAI, PUMP, RDNT, BAI, AGRS, CAT and BLENDR, each with $70k or more of net outflows

• SOL smart money (beta) was seen buying PENG, MYRO, AABL and ZYN

• A lot of new launches over the past 24 hours, with BeFi and OGBASE seeing the highest amount of smart $ activity. Though 1 day retention looked best for MIND on Base

MEME OF THE DAY