BTC Taps $89k, Flips Silver

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The ETH ETF’s are finally picking up momentum and ETH:BTC is still down 56% from its peak. It may finally be time for ETH to shine again, which can be traded with up to 20x leverage at app.vertexprotocol.com.

BTC Taps $89k, Flips Silver

We have never been so back. BTC is flirting with hitting $90k, Trabucco’s yacht was forfeited to FTX creditors and Binance is listing shitcoins and sending them up 30x. Last night Binance listed PNUT and ACT, which both have run to +$500mm. The ACT listing was truly something else, with it trading at $20mm before the listing. The top 100 leaders on the day were all up 20% again, including CRO, DOGE, RENDER, WLD and BRETT. While $IO was notably the strongest DePin coin up 25%. On the week, CRO, DOGE and NEIRO were all up 80%+. The ETH ETFs are getting inflows and its starting to look like ETH may finally have its day in the sun.

Things were just as crazy onchain with basically every coin other than GOAT and MOODENG up on the day. The onchain leaders were all up 4x and included:

• AEON

• RURI

• EYE

• petunia

• FRED

• Bakso

• NVIDIA

• CATGF

• TOAD

• Koto

• HAPPY

ACT obviously took the top spot in onchain mindshare after its Binance listing though LUCE also looked very strong on its run up to $160mm.

DEX bot volumes surged past $200mm on the day and things will likely stay very good for a bit as the majors wealth effect trickles down.

There were a lot of 0-5d old tokens with $100k+ of smart balances which are pictured below and led by 霞 which was the best new launch of the day.

Interesting projects getting smart follows:

• UniDoge

• UnichainSwap

• Vector

• Somewhere Systems

• Laika

• Kiru

• Opus

• UniMemes

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SMART MONEY CORNER - Presented by chainEDGE

• The Chinese coin was smart money’s favorite launch on the day getting $640k of buys

• In terms of number of $10k+ smart holders, LUCE, CENTS, pippin, and Shoggoth were all notable

• On ETH, SHRUB remains king with 21 smart wallets holding $10k and with balances up 44% in the last week

MEME OF THE DAY