AI Meme Meta Cools Off

In Partnership with $IO

I keep saying it and it’s finally flowing through to its platform results: $IO’s partnership team is GOATED. Daily GMV has been consistently breaking ATHs, driven by the strength of demand side partnerships, including the most recent one with Parallel AI.

AI Meme Meta Cools Off

Over the last 7d BTC slipped 1% to $67.8k while ETH was down 9% and SOL up 4%. Understandably, SOLETH continues to hit ATH after ATH tapping 0.071 today. Additionally, we likely will see increased volatility now that we’re just over a week away from the US presidential election. Over the week, the only real top 100 outperformers were RAY, MEW and POPCAT. While APE, MOG and SUI were the biggest laggards within the top 100. Perp tokens to watch with high mindshare include NEIRO, POPCAT, DOGE, MOODENG, GOAT and BONK.

Looking over at onchain, things have cooled off a bit with the AI meme meta settling down (some). After a brief period of almost everything going straight up over the weekend (which led into a crescendo with ai16z hitting an $80mm market cap), things have been down only for both GOAT (-31% since Friday) and other AI meme meta coins. In the last 24hr the biggest drawdowns in $2m+ AI memes were seen in GNON, Flavia, koto, Shoggoth, slop and SHEGEN.

Over the past 7d, onchain outperformance was still led primarily by AI memes/coins, including:

• APED

• LUNA

• DOGAI

• GMIKA

• NAILONG

• VIRTUAL

While in the last 24hr we’ve seen relative outperformance in some AI memes but also in some culture, cat and dog memes including:

• USA

• Nailong

• OMEGA

• DARAM

• NEIRO

• OPUS

• CATANA

• GDOG

• DOGE

• LUNA

• APED

• degenai

AI memes are still dominating mindshare at the moment, with the only non-AI coins with onchain attention including FWOG, KEYCAT, COOK and OLAS.

Photon’s trading volumes made a very clear peak on 10/24, with the majority of coins down quite a bit since the peak. This is why we track and use this data in here everyday!

Interesting projects getting smart follows:

• PVP

• Daos.fun

• 0xslurpy

• drezzdon

• SMA

In Partnership with Vertex

Vertex is a leading cross chain perp DEX with over 50 different markets. This includes markets for strong alts like JTO, DOGE and FTM. I personally love this speed of using Vertex, and is a must have for onchain perps traders.

SMART MONEY CORNER - Presented by chainEDGE

• Notable smart buying over the last week was seen in ai16z (which led the way), MOODENG, XVI and Neiro.

  • In the last 24hr, smart net buying was led by ai16z, KIRA, AERO, VIRTUAL, FIJI and MOTHER

MEME OF THE DAY