AI Coins Bouncing Back

In Partnership with Infinit

Hyperliquid just reminded everyone of the power of airdrop farming, and I’ve got a double airdrop farming strategy for all of you. Infinit recently launched Epoch 2 of their Infinit rewards system (stones). A recent strategy (for BTC) I’ve come across involves:

• Swapping BTC for PT-SolvBTC.bbn on Pendle

• Going to Avalon and

  • Depositing PT-solvBTC.bbn

  • Borrowing SolbBTC.bbn

• Bridge SOLVBTC.bbn (Corn) and LP’ing it on Pendle

Via this strategy you are (1) collecting base yield on your collateral, (2) arbitraging the SolvBTC borrow cost and the LP APR and then of course you are (3) earning 2 layers of Infinit points (make sure to register on their site to be eligible), Solv points and Avalon points. This shakes out to ~9% pre points APY (or much higher depending on the amount of points obviously).

AI Coins Bouncing Back

Things seem to be picking up after Thanksgiving with BTC reclaiming $98k at one point today and was still up ~3.5% to $97k and change. SOL was up 3% while ETH was flat. Top 100 outperformance was random again anad led by ALGO, PNUT, HBAR and XRP. The big news of the day was Hyperliquid dropping its HYPE token which has been up only to nearly a $2bn market cap. And for the big HL farmers it sounds like it was a MASSIVE payday.

Overall mindshare gainers on the day were led by Virtuals after hitting $1.3bn FDV. SPEC was also a large Base eco attention gainer along with other AI category tokens like Zerebro and TAO.

Chart of the Day with Vertex

My quant says it might be time for DOGE to break out to new highs. Try app.vertexprotocol.com today and trade DOGE with up to 10x leverage.

Base onchain has been very hot with AIXBT running to $212mm and a lot of smaller coins over there doing numbers. But SOL AI also had a very good day with most projects bouncing from the lows of yesterday. GOAT continues to look likes it bottomed, and if it can start to run again it likely drags up all AI coin valuations (though Virtuals / aixbt also just did the same thing).

Phantom trending coins were a meta for a day or 2, leading to crazy runs in some memes like Rizzmas, $1 and PURPE, which were all down a lot today. Onchain runners of the day were BINARY on SOL and SIMMI on Base. 24hr strength was seen primarily in AI and DeSci coins including:

• DNA

• Mundi

• WWW

• KOLIN

• RURI

• TEMA

• OPUS

• mind

• OBOT

• opaium

• Project89

• Ai16z

• ACT

AI agent mindshare was led by AIXBT though some newer contenders also showed up like VADER, OPUS and AEJO.

Overall onchain mindshare was led by OPUS, with mindshare up for most AI coins except for BULLY, UBC, ALCH and vvaifu.

Overall TG bot volumes continue to be high at ~$300mm, supported by the recent resurgence in Base. BINARY, CHANT and OPUS were the top traded tokens across the major trading bots on the day.

Moonshot volumes look to have rolled over pretty hard and are down over 80% from their peak.

0-5d old tokens with $100k+ of smart ownership included UBC and ALCH on SOL along with SIMMI and JOE on Base.

Interesting accounts getting smart follows:

• freysa

• Joe The Humble Farmer

• Schizo

• gudtech

• Saint

• AgentStarter

• Troll

• VAI Bot

SMART MONEY CORNER - Presented by chainEDGE

• PNUT, ACT and ai16z were the most bought tokens by SOL smart money on the day

• While balance trends have been improving for the most part with top held tokens (except WWW) seeing flat to up holdings

• SPEC on base was by far the smart money favorite of the day

• With SPEC and SIMMI the smart money favorites by holdings on BASE (by $10k+ holders).

MEME OF THE DAY