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Blast Incoming
Blast Incoming
Day 4 of meme szn is here, with MOG testing ATHs, PEPE at $1.2bn and all the memes in between performing well. Top performers over the past 24hr include HEMULE, WYNN, POPCAT, CHONKY, GME, BONK and WEN. TYBG on Base also tested ATHs yesterday, while it looks like DOGE may be making a run of its own (as the BTC of memes?).
In non-meme coins, TRSCT, a relatively new coin, has rapidly grown to a $5mm market cap and is near ATHs, trading $2mm of volume today. New ETH launch LFG has been dominating DEX volumes over the past 6hrs with $9mm of volume. The project is a BRC20 building a Runes DEX (among other things). Smart money has bought $506k of the token so far on ETH (it also has BRC20 trading on Unisat and Bitmart). Other new launches of the past 24hr include DATBOI, KEP, HIVE, Nettensor and GPUBOT, the last 2 of which seem the most promising at first glance.
Blast is slated to launch its mainnet at 1pm PST today, and there will be plenty of new launches, rugs, etc. Do be careful on clicking links from random projects. Some of the top projects to be watching out for are:
Pacmoon - Blast’s community memecoin. With no Blast token to ape yet (and given we’re in meme szn), Pacmoon is likely the easiest proxy to ape to get exposure to Blast
WEN - Blast’s native NFT exchange
Thruster - Blast’s liquidity and fair launch DEX layer. Based at least on my Twitter feed, Thruster may be the go-to DEX on Blast
Fantasy Top - A very hyped GameFi project
Juice - Perp DEX and lending (there are a few of these)
Blastoise - the “official” memecoin of Blast (probably #2 to Pacmoon)
Orbit Lending - Native lending protocol on Blast
YOLO - Degen gaming project
Find the full list of projects to watch on the Big Bang winners list
Things are heating up, with Coinbase’s site breaking yesterday, BTC tapping $64k and with the BTC ETF breaking records with $7.5bn of volume. Meanwhile Snowden believes a government is buying BTC.
In the degen trenches the notable happenings of the past 24hrs includes:
And in terms of what to watch for (excluding Blast):
MONAI LBP has 28hrs left and is currently trading at a $5mm market cap
INS has broken out to ATHs, and will launch staking soon (and then its upcoming launchpad sale for stakers)
PORTAL launch today is imminent
SOL daily degen volumes starting to take relative share back from ETH (though how will this develop during Blast szn)
OPSEC hitting ATHs at $113mm
ZENITH token launch this weekend
chainEDGE will have smart money data for both Blast and Solana live next week
SunriseLayer - stealth project, that mentions launching in February (so likely soon?)
Scalia - DePin aggregator project picking up smart follows today.
PUFF - Mantle memecoin launching on March 4th
Shorter post today, and will be going back to the standard format for tomorrow (we will also be doing a Daily Edge live show tomorrow afternoon). Good luck with your Blast degen activities and stay safe.
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.