Introducing The Daily Edge

WHAT TO WATCH TODAY

• Clustersxyz - I’ve seen a lot of smart people start following this over the past few days, and will be launching today. Clusters is a cross-chain, multi wallet name service protocol - basically a cross chain ENS, powered by LayerZero

• Trestle - potential first mover as the “MUBI of TIA” + a TIA validator. We’ve seen a few attempts at this go to zero (so exercise caution) but it appears the product is up and running, and the project is currently having its LBP on Fjord at a $6.3mm market cap / $21mm FDV. It is worth noting that the seed round here is up more than 10x (see docs), and has 25% vesting at TGE. With TIA being one of the strongest coins of the past few months (and running to a $17bn FDV), look for Trestle to be potentially interesting as not only a validator+bridge project, but also a TIA rollup chain (please DYOR).

• JUP Airdrop - The JUP token is live, and currently trading at $0.70 or a ~7bn FDV. Look for potential stimulus effects into current SOL meme favorites like GME, WEN, WIF and WYNN

• JUDGE AI - a bit more of a degen play, this token is launching today, and is an AI contract scanning tool.

SPONSORED BY FORTUNA FINANCE

Fortuna Finance offers an AI-powered yield aggregator, designed to ensure optimized returns, whilst minimizing risk. Their public sale LBP on Fjord Foundry will take place on Friday 31st January at 5pm UTC - you can participate here

NARRATIVES & MORE

• You may have seen tons of invite codes to ggdotzip, but what is it and why does it matter? The project is a self proclaimed “Solana Hunger Games” backed by Delphi. It is essentially a racing game where you get to choose your own character, there are prize pools and it sounds like there is AR involved as well. Basically it will be like Pokemon GO or STEPN, and there is an airdrop campaign (hence the invite codes you see everywhere).

• AI coins are catching a bid after TAO doubled off of its mid-January lows. We’ve observed chainEDGE smart money balances of AI coins on the rise, notably AGRS, OLAS and MND. PS, this is a new view from chainEDGE 3.0, which is releasing publicly this Friday

• Solana continues to dominate degen volume (measured by TG bot volume) - SOL volumes are nearly 3x higher than ETH over the last 14 days

• Don’t count out ETH just yet, as recently launched PepeFork (PORK) has skyrocketed to a $148mm FDV in the past few days, bringing some life back into the ETH degen realm

SMART MONEY CORNER 
Powered by chainEDGE

• PORK has been a big winner for the CE smart money cohort, printing $875k in realized PnL thus far. Sign up today to diligence some of the biggest winners and what they are buying now

• In terms of swap activity, TROLL, PEPE and PEAS led notable inflows while PORL, VEC and 我们一起学猫叫，一起喵喵喵喵喵 led outflows.

• The most notable trend in smart money accumulation over the past week was seen in PEAS, which saw smart money balances up 16% to $1.4mm across 10 wallets. The “ponzi” subnarrative on ETH has been strong, with notable tokens in the category VEC, PEAS and BTC performing well over the past few weeks.