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Fart to Safety 💨
+ Bond yields blowing out again...
In Partnership with $IO
Decentralized compute will be even more important in a post-tariff world, which is beautifully laid out by ELI5 here

Fart to Safety
Not out of the woods yet.. Equities puked again today, with the S&P down 3.5% - BTC fell 1% to $80.9k, ETH to $1.5k and SOL held in at $116. The 2x levered short ETH ETF is now the best performing US ETF YTD (LOL) - and things are not looking any better with treasury yields blowing out again this evening.
Gold is surging and hit ATHs, Trump wants to get rid of Jerome Powell, the US is considering delisting Chinese ADRs, Roaring Kitty might be making a comeback and some clown is down $10mm on an alien Punk. Fartcoin continues to be a safe haven asset, rising 18% on the day when it feels like both the equity and bond markets are melting down. CRV and HYPE also were showing strength in terms of top 100 alts.

Chart of the Day with Vertex
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Onchain continues to be quite the comfy place, with the usual suspects buttcoin, titcoin and Fartcoin all up on the day (with buttcoin leading with a 100% move to $22mm). Other strength included AF, DARK, Buckazoids and PVS.

Fartcoin is still far and away the mindshare leader, but broadly this remains a good list of coins that actually have a chance of going up (see buttcoin, titcoin, etc). Newer launch CryptoAI has held in pretty well at ~$5.6mm and new coin on Abstract, BIGCOIN, is absolutely sending up 363% to $22mm at time of writing.

Nothing new to really report in the trenches. TG and terminal volumes are still grinding lower and no new launches were trading over $1mm.

Interesting accounts getting smart follows:
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Fartcoin seeing major inflows today, the highest of any token in weeks (maybe even a month)

Fartcoin, titcoin and BUTTCOIN reign supreme from a smart holdings perspective

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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.