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AIXBT Hits $125m, Chillguy ATHs
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AIXBT Hits $125m, Chillguy ATHs
BTC slipped another 2% to $93k while ETH was flat and SOL was down 3%. Top 100 strength was seen in FTM, AAVE, INJ, ALGO and TIA. GOAT looks like it has potentially put in a bottom at ~$700mm which would be good for AI coins broadly. And the co-founder of Metamask launched a token and sold for a $17k profit.. The market currently does not have a consensus on if BTC topped and alt szn has truly kicked off, though charts like the below certainly make a case for it.
AIXBT is now leading all token mindshare after its run to $125m. For those of us that hold AI coins, Taiki has turned bullish which is potentially the worst signal of all (his pivot to memes on 11/14 marked the top in basically every meme). BULLY has also flipped the other major AI coins in terms of mindshare.
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Things onchain have been mostly good, with a lot of big moves off the bottom in AI coins. Strength on the day was seen in newer memes like RIZZMAS, $1, GAL and ATH while AI winners like UBC, QUASAR and BULLY also showed strength. New launch UBC was the runner of the day, hitting $100m peak (which also is likely bullish for AVB which is similar). FWOG and LUCE also showed some strength on the day while most older memes looked worse. CHILLGUY also ran to ATHs of $620mm today. Onchain 24hr strength included:
Onchain mindshare was dominated by new launches $1 and UBC on the day along with BULLY (ps isn’t it crazy how chainEDGE mindshare data follows the winners?). Most of these top attention tokens look to be good coins, and was dominated by AI memes.
DEX bot volumes were up on the day to $300mm though still far off from the 11/20 peak of $483mm. Base has notably started picking up share after the crazy run in AIXBT while ETH has trended to basically zero.
Moonshot volumes were down on the day to ~$8m, with the most popular tokens being CHILLGUY, RIZO, TERRY and KACY.
0-5d old tokens with $270k+ of smart holdings included Aejo, FATHA and UBC.
Interesting accounts getting smart follows:
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3:29 PM • Nov 26, 2024
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UBC and $1 were smart favorites on the day, though buying into PURPE and autowassie was also pretty large.
CHILLGUY, ZEREBRO and Fartcoin lead smart balances across the board, with new $1mm positions in FATHA and UBC
EVM smart money was seen bidding SPX, PEPE, INST and QUIL
While smart balances were bearish basically across the board
MEME OF THE DAY
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Disclaimer: This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. The author may also have positions in the tokens mentioned in the content, so please do your own research.