Meme Szn Day 7

Together with Vector Reserve

Meme Szn Day 7 - Weekend Edition

Day 7 of meme szn is here. PEPE is hitting ATHs at $2.75bn, WIF also hitting ATHs at $1.67bn and DOGE is above $0.15 or +75% since meme szn started last week. BONK hitting ATHs as well, MOG tapped ATHs today, and even FLOKI is making a run at previous ATHs (~2x away). Smaller memes across the board have also performed well (which includes RETARDIO, TOSHI, BRETT, ZYN and many others). While we had a small leverage flush yesterday, things are running very hot, with nearly every meme up only. Top DEX meme performers include RFKJ up 17x in 24hr and trading at a $21mm market cap. Planktos on SOL was up 350% over the past 24hr, hitting a $6mm market cap. The Balkan Dward / KEKEC is up 116%, hitting $9.5mm market cap. And ZYN up 95%, hitting a $36mm market cap.

Outside of memes, recent strong performers include NS / NodeSynapse, a DePin project, up 240% over the past day and hitting ATHs of ~$4.4mm. SCALE, a DePin aggregator, was up 70%, sitting near ATHs at $30mm. And NAO, another DePin project, up 58% to a $23mm FDV. Yesterday we saw the launch of YES, a sort of NGU ponzi on Blast, which has done pretty well gaining 192% over the last day on $277m of liquidity.

From a smart money point of view, the most popular memes (by number of smart wallets holding) includes:

• SORA

• TRUMP

• BITCOIN

• DOG

• Real Smurf Cat

• MOG

We’ve seen smart money load up on shiny new tokens this week, with sharp chainEDGE wallets building positions in:

• BLENDR at $307k across 24 wallets

• TAS at $868k across 20 wallets

• SCALE at $454k across 16 wallets

• EEFI at $334k across 12 wallets

• VIRTU at $529k across 12 wallets

• MONAI with $179k across 7 wallets

Lastly we’ve seen abnormal 7d smart balance increases (accumulation) in:

• COMAI +164%

• DOG +152%

• AXE +101%

Pretty quiet day from a new launch perspective on ETH, with only OTTO and DOTS seeing $50k+ of smart money buys (OTTO notably has much higher smart $ retention at 60%).

TG trading degen volumes have flipped into Solana’s favor over the past 2 days, with SOL daily volume outpacing ETH by 31% today. This is the first time SOL has taken the lead in degen volumes since early February, before the kick off of the ETH 404 narrative.

The Week Ahead

• INS having its staking + holder launchpad sale for ARCX at a $8mm FDV

• Blastoise a meme on Blast launching tomorrow at 5pm ET

• BeFi launching its trading terminal very soon (potentially this week)

• Gloop launching deposits for its GMI index on 3/6

• WIF Listing Rumors - WIF has made it this far without a Coinbase or Binance listing, and many on CT are speculating one is coming soon (and frontrunning it)

• Blast Launches - expect more of the more legit/hyped projects to come through this week

• Zenith LBP ongoing right now

• Aether Games TGE on 3/7

• Ordibank LBP ongoing

• Hychain currently minting for Node Keys

• Satoshi AI - seems like this AI/ZKML project launches soon

• Padre LBP in 11 hours

• VINE TGE on 3/6

• BVM TGE on 3/5

• TPAD having another launchpad sale soon (last one was TBANK)

MEME OF THE DAY