Cat Szn

In Partnership with Vector Reserve

VEC has seen vMETIS TVL rise to $1mm in just a few weeks while signing up partnerships with OKX and EEFI. VEC remains one of my only conviction DeFi projects with exposure to EigenLayer and soon BTC (via its upcoming vBTC launch).

Cat Szn

Cat coins are leading the market, with NUB and MEW leading the way. Outside of cats, memes in general are the only thing catching a bid anymore, with relative strength seen in WOLF which is hitting ATHs, HOBBES, SKI, NORMIE, tooker, Retardio and MOG. In terms of new launches, SNORT, RUNIX and boji look to be where the market is paying attention.

What memes are smart money holding the biggest bags on?
On SOL, its POPCAT, WIF, nub, MEW and PUPs, with nub now hitting the #1 spot for the number of $10k+ smart holders.

While on the EVM side, the memes where smart money is the most bullish seems to be:

• TRUMP with $4.2mm of holdings across 18 wallets

• MOG with $846k of holdings across 12 wallets

• LMEOW - $670k / +18% 7d accumulation

• NORMIE - $540k / +48% accumulation

With a lack of appetite for anything other than memes + holder mismatch dynamics, we’ve seen another LBP token fall into the down only category with Runigun down 50% from its LBP price already.

Here are the most interesting and upcoming new projects I’ve come across:

• Renzo launching on 4/30

• Yes, But launches tomorrow

• Iagent farming is live

• Zentry – premint

• COOL hyped SOL launch, likely drops tonight / tomorrow

• Hero Glyphs

• Doginhood

• Reya

• Degen Express

• Dodo Chain

• Scalepod

• Travelswap

• Betbase upcoming LBP

• Nexus new DEAI incubated project launching next week

• Magic Internet Money

• iAgent

• DRIFT

• Igloo

• Eidon 

• PinLink 

• Sandglass

• WorldPVP

A $1bn+ DePin Network Launching this Month

Io.net recently partnered with Aethir, bringing 40k of its enterprise grade H100s and A100s to the io.net network. The partnership includes a total $100mm commitment from both projects to advance network and growth. IO.net’s TGE is now less than a week away, and is shaping up to be one of the most hyped DePin launches yet. Check out this piece from CoinDesk on how io.net is creating the AirBNB of GPUs.

SMART MONEY CORNER - Presented by chainEDGE

• Outside of AI bids on NMT and basedAI, memes led EVM flows with TRUMP, MOG and FLOKI all seeing smart buys today

• SOL inflows were highest in boden, WIF, SC and MEW

• BSX, SNORT, JOK and FLUR were the most popular launches with smart money on the EVM side

• While BOJI and suwoof were popular on SOL

• Some CE smart trader highlights include

  • 🚀 Late Mover 9sQFK...hqW $401k gain on MEW

  • 🚀 Late Mover CGzFW...2Fm $130k gain on MANEKI

  • 🚀 Early Mover 0xa53...44c $758k gain on HASHAI

  • 🚀 New Launch Pro 0x00d...a6b $322k gain on YAI

MEME OF THE DAY