- The Daily Edge
- Posts
- BSC Szn Incoming?
BSC Szn Incoming?
In Partnership with Io.net
BSC Szn Incoming?
BNB is hitting ATHs of $700+, sparking calls for a bsc onchain season. We’ve already seen a few coins pop off on the chain, including community takeover POSEIDON along with WHY. Meanwhile BNB ecosystem coins have also seen a pump across the board throughout the day.
MOTHER continues to dominate onchain attention (and the celeb coin meta), with the token hitting $112mm+ this evening. Other celeb coins of the day have faltered including FATHER (rumored to be Bryce Hall’s) and Woman Yelling at Cat.
BTC ETF’s continued their streak of inflows, hitting $900mm on the day.
Outside of BSC, onchain strength was seen (as always) in ETH & SOL memes:
Interesting trends observed in daily TG trading volumes, with Solana losing relative share vs. Base and BSC (while ETH also lost relative share).
1-10 day old ETH coins with smart interest (this has been a very good strategy of late) includes TUZKI, HONKLER, MICKEY and TROG.
Some interesting new projects getting smart attention (without tokens):
What were the most interesting 10 trades from smart money during the week + 10 interesting smart wallets?
Read more here.
2 Weeks Until The Future of Restaking Begins
On June 17th, Vector/Kernel will be launching a suite of Karak-native LRTs including ksETH, krETH and kUSD. This will be facilitated via the growing number ecosystem of projects around Kernel (pictured below).
SMART MONEY CORNER - Presented by chainEDGE
Notable smart buys into BSC coins POSEIDON and CUMMIES. Other notable buys on ETH include eef, WHY, RIO and PEPO.
SOL smart flows were seen into POPCAT, WIF, MOTHER and KERMIT
Limited changes in smart balances throughout the day on the Solana side, with DJCAT the most notable from an accumulation standpoint at +967% / $187k.
Limited changes on the EVM side as well. Abnormal accumulation was seen in CHEX, MUBI and KARRAT.
MEME OF THE DAY
Like this content? Make sure to subscribe and always be up to date on the fast paced degen market
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.