GOAT Taps $900mm, Gets Binance Listing

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GOAT Taps $900mm, Gets Binance Listing

BTC was up 1% on the day to $68k while ETH was down 1% and SOL was flat. ETHBTC is down only, hitting its lowest point since April 2021 while SOLETH cracked 0.07 ATHs. MEW hit $1bn, GOAT tapped $900mm and is getting a Binance listing. And MSFT is looking at buying BTC.

Strongest top 100 alts on the day were SAFE, RAY, MEW, BEAM and GOAT. GOAT is now the perp coins mindshare leader behind APE and DOGE.

Onchain seems to be repeating the same patterns every day. GOAT up, older betas down, newer betas up, PvP new launches. GOAT increased 6% while some recent CT favorites ACT, GNON and FLAVIA were all down 30-70%. Additionally a lot of older “core” memes sold off double digits on the day like BILLY, LOCKIN, CB, xd, mini and aura.

We’re seeing some crazy volume figures on new launches now, with pretty incredible runs/roundtrips, including:

• GPT2 running to $40mm (now $2.5mm)

• WORM running to $13mm (now $6m)

• Project89 ran to $20mm (now $8m)

Onchain outperformance was seen in ETH memes and some select SOL AI memes including:

• APED

• MIKO

• MemesAI

• FOREST

• OPUS

• WMM

Photon volumes (and dex bot trading volumes in generally) have now surged to near ATHs (outside of one day in March). If it peaks here, onchain coins are likely in for some pain.

Onchain mindshare was led by GPT2 (and its drama). The biggest attention gainers on the day were CATGF, RTR, mfer and koto.

Interesting projects getting smart follows:

• iruletheworldmo

• wow

• Block Chain

• Ink

• AI Marc Andreesen

• AI

In Partnership with $IO

$IO continues to push bullish developments including expanding its ARR with partnerships, ATHs in daily GMV and key listings on CB and Hashkey. With AI mindshare currently dominating, AI infrastructure continues to be an exciting place with massive tailwinds.

SMART MONEY CORNER - Presented by chainEDGE

• 0-5d old SOL tokens with $100k+ of smart ownership was led by flavia and Tate, along with quite a few others.

• Notable smart buying activity over the week was seen in PSTAR, Trump, Tate, BOTTO, XVI, degenai and CCRU.

MEME OF THE DAY