GM(E)

In Partnership with Io.net

The TGE for io.net is coming very soon (potentially this month) and you can still position for the project’s airdrop. IO powers access to 102k verified GPUs to AI/ML engineers and AI startups. And it does this at an extremely competitive price for high end GPUs (see below).

GM(E).

GME stock rose 21% in yesterday’s trading (after being up over 100% in the premarket session). The SOL onchain GME traded flat from yesterday’s post but did see one trader wick $1.5mm into the token. Meanwhile the ETH version is up 8x from DFV’s return (and overall looks better). Other DFV inspired memes also performed well during the day including KITTY, AMC and DFV. MOTHER is back to showing strength, trading at $80mm again while other “celebs” are showing up to extract from the pump.fun crew like Bryce Hall.

BTC & ETH again looking stuck at $69k / $3.7k, though BTC has seen 15 straight days of ETF inflows. In terms of non-memes, just DMT and GPU showed relative strength in the past 24hr. In Perps land, NOT was up again in the past 24hrs, appreciating +16% while JASMY was also up 12%. Relative onchain strength was seen in ETH & SOL memes + BRETT:

•  COK

• LFGO

• SELFIE

• TROG

• BRETT

ETH vs. SOL onchain TG trading volumes were unchanged on the day, with ETH’s share at 40% and SOL at 57%.

Some interesting new projects getting smart attention (without tokens):

• Kizzy

• Unisolve

• Moonthat

• Radiux

• Outcome

• BitNote

• Heiko

• Intent Trade

• TapBase 

The Future of Restaking Begins On 6/17

On June 17th, Vector/Kernel will be launching a suite of Karak-native LRTs including ksETH, krETH and kUSD. This will be facilitated via the growing number ecosystem of projects around Kernel (pictured below).

SMART MONEY CORNER - Presented by chainEDGE

• The most notable smart buying in the past 24hr was seen in TAO, PEW, MICKEY, MOG and DJT

• SOL was quiet again, with smart buys into MICHI, new launch 733733 and USA

• Limited changes in smart balances throughout the day. Michi, PUPS and tremp led 7d accumulation stats within the group

• Mostly profit taking on the EVM side, with PEPE, TRUMP and KEYCAT leading smart balances. TOSHI notably snuck into the top 5 by smart $ held as well.

MEME OF THE DAY