Housecoin Hits $110m, Gork Hits $50m

We are so back baby

chainEDGE is Money

You know the SOL trenches are so back when a single coin has 20+ smart wallets with $20k+ PnLs.

gork was pinged by our portfolio alerts at $2mm and ran to $50mm..

Housecoin Hits $110m, Gork Hits $50m

Markets took a bit of a dive in the morning after the awful GDP print (and Trump said these first 2 quarters of the year are “Biden’s” stock market. But then things rallied into the close → where MSFT and META crushed earnings, helping to push the S&P and QQQ up 1% in after hours trading. BTC/ETH/SOL have been pretty tame at the $95k / $1800 / $149 levels, but within alts, things continue to heat up, led by VIRTUAL going on a 138% tear over the past week. This has also led to runs in aixbt, VADER, GAME and LUNA (virtual coins) which were all up 65%+ over the past few days.

Chart of the Day with Vertex

SOL still looks ready to rock. Try app.vertexprotocol.com and trade SOL with up to 10x leverage.

I can’t believe I still see people saying onchain is boring. Like this is frankly as good as its been before Trump killed everything. Housecoin hit $110mm today, new launch gork hit $50mm, while other new launches FUCKCOIN ($10mm) and Shortcoin ($3.5mm) have done pretty well. 7 fig PnL screenshots are back on the timeline and yet it feels like a lot of people have just given up. Fartcoin continues to go straight up, and is currently at $1.2bn, and there are plenty of other onchain coins showing lots of strength.

gork was by far the attention leader on the day, sucking attention away from everything other than FUCKCOIN.

TG trenching volumes are starting to grind lower again while new and existing onchain tokens actually go up. Maybe folks are still licking their wounds from the TRUMP fallout, but sort of strange to see given people are back to making money onchain again.

Interesting accounts getting smart follows:

SMART MONEY CORNER - Presented by chainEDGE

  • Another sign that gambling is EV+ → high PnL wallets have really ramped up activity, with Fartcoin, POPCAT, GRIFFAIN and House leading buyside flows on the day

  • Smart holdings have not been this interesting in like 3 months. 31 smart wallets (over $10k+) came out to play on gork, Fartcoin balances holding steady, and other high balance tokens incl LAUNCHCOIN, Hosico and House.

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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.