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Eigenna Need A Big FT Airdrop
In Partnership with Vector Reserve
The BTC liquid restaking market is a $20bn opportunity that Vector will be going after with their upcoming vBTC product. In the meantime, the protocol will also be included in the second Phase of Season 1 for the EigenLayer airdrop.
Pleased to announce that @eigenlayer has been in touch directly with Vector Reserve to confirm we’re included in Phase 2 of Season 1 of the $EIGEN airdrop 🎉
We’ll distribute to eligible vPoints holders as soon as it lands 🤝
Read more about the mechanics here 👇
— Vector Reserve (@vectorreserve)
12:04 AM • Apr 30, 2024
Eigenna Need A Big FT Airdrop
The FT v2 launch was pushed back to Thursday morning. Meanwhile Eigenlayer dropped its tokenomics/airdrop details which were largely underwhelming. THREE was the most interesting non-meme launch over the past 24 hours. Other relative strength was seen in select memes and AI coins:
TG Degen trading volumes have flattened out at ~$75mm daily, down 89% from the peak and down 69% from March’s average. Solana remains the most popular degen venue by volume at +$60mm daily, with ETH back to its #2 spot.

Upcoming launches/projects to watch:
Io Revises Launch to May
The CEO of io.net recently laid out plans to address technical bugs and confirmed its token launch in May. The network will be launching Season 2 of its Ignition Rewards program starting in May as well. If you are looking to get up to speed on the biggest DePin launch yet, check out this amazing recap on IO’s internet of GPUs network.

SMART MONEY CORNER - Presented by chainEDGE
Notable smart buys into ONDO, basedAI, SEXY and TRUMP, each getting $50k or more of net swap inflows from smart money

On SOL, MANEKI, Bonk and STAN saw the most notable inflows. Bonk in particular hasn’t shown up in here much since we’ve launched SOL data, which is interesting.

Limited changes in smart money holdings across SOL, with nub leading wallet counts, POPCAT leading $ held and PAJAMAS the relative newcomer.

EVM holdings were also relatively unchanged, except for FJO’s notable accumulation at +40% over the past week.

On BASE specifically, SEXY and doginme saw the strongest 7d accumulation trends, with KEYCAT the leader by total dollars held.

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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.