Hot Air Rises Again

The MNT Yapperboard Challenge is Live

In case you missed it, Mantle’s Yapperboard challenge recently launched on Kaito - by finishing in the top 50 yappers, you’ll qualify for a share of 50,000 $MNT (or ~$40k).

Hot Air Rises Again

It might be too early to say that we’re back, but things are looking better and better. With news that Trump’s 4/2 tariff plans are being walked back, the markets are responding positively with BTC now up to $86.8k, ETH back over $2k and SOL up 6% to $138.

In alts, Fartcoin is king with the token rising 24% today and it’s now up over 75% in the last 30 days (or ~2.5x from the stone cold bottom). Alts broadly continued their rise with OTHERS looking quite good (especially with BTC dominance still at ~62%). Other alts showing outsized strength on the week included CAKE, BONK, HYPE and CRV which were all up 24%+. It’s looking more and more like we are going to get another risk on period (who knows how strong or how long) and Fartcoin is the leading indicator at the moment for it.

In Partnership with $IO

Our friends over at blocmates are also big $IO fans and recently put together a great article which succinctly summarizes the $IO story and value proposition well.

Routine has been one of the better SOL new launches in quite awhile after this influencer’s routine video went crazy viral (potentially the highest engagement video on Twitter of all time?) The token hit a high of $17mm before settling back to its current $10mm. The overall onchain vibe continues to improve with plenty of tokens continuing to show strength including YZY, RIF and PVS. While on the EVM side, strength on the day was led by Mubarakah on bsc and REI on Base.

The trenches are still in the process of healing, but we did get a few recent runners like Downald on SOL which ran to $7mm so far along with UUU on BSC which launched to ~$9mm. In terms of mindshare, Fartcoin and Routine were the leaders on the day (and obviously Routine would be far and away the highest if we took into account the virality of the meme).

TG trench trading volumes seem to show that the Base > BSC season that we had for a short time is ending, and SOL is going to take the top spot yet again.

Though it is interesting that trench volumes on the terminal side continue to look worse and worse.

Interesting accounts getting smart follows:

• uDEX

• Kuvi

• H3ir

• Heal

• Finitia

• BeraFlow

In Partnership with INFINIT

If you’re looking for something to tinker with during this boredom, check out all of the innovative infrastructure that INFINIT has built. You can build dapps, launch tokens and deploy AI agents all from INFINIT (and you earn airdrop points too for using).

SMART MONEY CORNER - Presented by chainEDGE

• Not a lot of movement in terms of smart buying on the day. On the week, AVA was far and away the smart money favorite with over $150k of net buys

• Fartcoin remains the smart money favorite by $ held (ex. TRUMP), though interesting to see new launch Downald show up in the leaderboard currently

MEME OF THE DAY