Dogs Cats & Culture

In Partnership with Crypto Tax Made Easy

Want an aspirin for your crypto tax headache?

Crypto Tax Made Easy helped over 200 crypto investors reduce their capital gains by $21.8 Million last year.

If you want an expert to wade through your trades instead of doing it yourself → request a quote today

Dogs Cats & Culture

Very good day with basically all markets green. BTC & SOL both were up 5% while ETH continues to be a lame asset at +3%. SOLETH is basically at ATHs while ETHBTC is down 19% in the last 6 months.

A wise man once said that dogs, cats & culture are this cycle’s Solunavax and I tend to believe him.

On the day, the best performers in the top 100 were ENA, MOG, NEIRO, POPCAT, WLD, WIF, SUI & TAO. NEIRO was also up another 25% and is hitting ATHs. The BTC ETFs are starting to see inflows accelerate again. Things are heating up.

The onchain world feels like we’re creeping closer and closer to Silly Szn (if we aren’t already there). SPX is hitting ATHs at $688mm. Onchain coins broadly were up quite a bit on the day. New launch Magnet is all over the timeline and ran straight to $10mm. While 24hr+ pairs above $4mm saw 50%+ outperformance including:

• GOAT

• MOAI

• WAP

• BONGO

• 🐕

• PENG

• DMAGA

• STAN

• HANA

• rot

• SPX

GOAT (launched by a16z backed AI agent) is now #1 from an onchain mindshare point of view. And we’ve seen quite a shake up in the overall high attention list. Notable coins to watch include MSTR, miharu, fin, PUPS, RUSSELL, BOOE, SIGMA and COOK.

Magnet and RUSSELL were the only new launches with meaningful smart money interest and holdings on the day.

While DEX tool trading volumes continues to look stable. Accelerations and decelerations in this metric are the single best top and bottom signal I’ve observed for the shitcoin market.

Interesting projects getting smart follows:

• Hope On SOL

• Relend

• Ithaca

• Ride

• Rekt

Mantle’s Big Q4

People are sleeping on some of the cool stuff coming to the Mantle ecosystem this quarter, including more COOK airdrops (via cmETH), the Mantle buildathon (applications are open). And the upcoming listing of the COOK token 👀.

SMART MONEY CORNER - Presented by chainEDGE

• Notable coins with $50k of net smart buying over the past week includes PEPECOIN, BITCOIN, aura, mini, USA, Magnet, BINGUS, JESUS and GIGA.

MEME OF THE DAY