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Mantle x Kaito
Not sure what is cooking here but I’m pretty excited about what’s to come between the Kaito and Mantle chads.
BTC (Briefly) Hits ATHs Again
BTC rallied to nearly $109k last night on what people thought was a leaked SBR announcement/mention for Trump’s inauguration. Trump ended up not mentioning crypto at all, sending BTC back down to $102k and change, and the rest of the market also sold off. Top 100 coins showing the most weakness included FARTCOIN, BONK, WIF, Sonic and PENGU which were all down 15%+. While AAVE was the only real coin that was showing strength.
OTHERS is now down ~11% from its peak a few days ago, BTC dominance hit 59% last night and is back to trading in the 58% range and SOL is down 14% from its recent ATH Trump surge, though it is still up 27% vs. ETH over the last week.
Retail is still here, with Phantom flipping Coinbase in app rankings while Moonshot continues to be #1 in free finance apps. GCR is back on the timeline, urging traders to be “less greedy” while maintaining long term targets of BTC flipping gold and ETH getting to $10k.
TRUMP, SOL and Melania still dominating mindshare at the moment, though I think the presence of UFD is actually the most notable from this list.
Chart of the Day with Vertex
Trump’s World Liberty has been buying ETH, LINK, TRX, ENA and AAVE. With AAVE continuing to be one of the best performers in the market over the last week and today. Try app.vertexprotocol.com and trade AAVE with up to 10x leverage.
Onchain is getting brutalized again across the board. Retail coins like $1 fell 68% in the last 24hrs, while other onchain losers included USA, ROSS, DOGE, CHILLGUY, WHY, MVRS, TRUMP, POPCAT, LOCKIN, LLM, mini, Bert and SIGMA which all fell 25%+. Basically every established coin was red on the day, with only a few outperformers including Quant, THE1, PYTHIA, YNE and Citadail.
Trump, Melania and Barron dominating 24hr mindshare, though that likely peaks today, so we will see if the new presence of retail leads to bids on memes or if we return to AI coins.
TG trench volumes officially broke records yesterday, hitting over $730mm of volume. Each time this happens, onchain coins are usually in for a bad time, though this was more specific to a few tokens, so we will see how things develop. The late November / Early December prior peak was much less concentrated to a single coin, and easily signaled the prior peak for onchain across the board.
Moonshot volumes are also worth tracking again, now that they have onboarded 400k+ users.
$1, USA, RETIRE and QUANT were Moonshot traders’ favorites over the last 24hr.
Interesting accounts getting smart follows:
In Partnership with $IO
Google searches for AI agents are going parabolic. While attention on the AI meta has cooled, this theme is not going anywhere. And the easiest way to get exposure to this trend is through decentralized compute providers like $IO (which continues to hit ATHs in daily revenue).
SMART MONEY CORNER - Presented by chainEDGE
Fartcoin led smart buying on the day followed by USA, arc and YAPSTER. Balances are currently concentrated in TRUMP, MELANIA, BARRON and AIB, with AIB being the latest runner.
On the EVM side, we’ve seen accumulation across the board, with balances up for CULT, DOGE, BITCOIN, SBR and KEKIUS.
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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.