Neiro Hits ATHs

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Neiro Hits ATHs

The majors are getting hit as the conflict in the middle east intensifies. BTC & ETH were down 3% on the day while SOL was down 6%. Other important news flow included:

  • Trump odds are starting to roundtrip

  • ETH ETF starting to see a rotation from BTC ETF

  • Rate cuts are coming later this year

  • New tech launched today that allows users to create a meme coin via tweet

In terms of alts, MEW and NOT were flat in a sea of red, while WIF, BOME and BONK were all down 8%+. TRB and KAS were the biggest outperformers in the alt ecosystem and also were the largest 1d mindshare gainers outside of XRP.

We’re starting to see a revival of ETH coins in the onchain landscape, driven by Neiro running to $180mm highs today. Mindshare gainers on the day were GINNAN, MUMU, and TSUJI. Other high attention memes to watch included FWOG, SCF, MOG, michi, aura and BRAINLET.

Onchain relative outperformance:

DEX bot trading volumes down 50% on the day, with ETH dominance on the rise and with SOL losing some share.

In terms of tokens aged 0-5d with $100k+ of smart holdings, NERIO, yawn, TSUJI and KEN on ETH were notable. While on SOL there was FWOG flipping Neiro, and GINNAN rounding out the list.

Interesting new projects getting smart follows:

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  • TAO, PEIPEI and BANANA ETH smart money leaders on the day

  • While on SOL was led by flows into FWOG and IQ

  • MUMU, PONKE, SELFIE and LOCKIN were all notable SOL memes with positive smart $ accumulation over the past week. While the rest of the top end list saw smart balance declines. On the smaller balance end, aura and BRAINLET each saw notable smart balances rising as well.

  • On the EVM side, NEIRO has risen to #2 by smart dollars held, while MIGGLES and PEIPEI continue to see smart balances rise. On the lower end, PEAS and BITCOIN both saw notable accumulation.

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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.