Rugs & Bloodshed

In Partnership with Vector Reserve

EigenLayer mainnet is live and is expected to be a potential $1bn airdrop. The liquid restaking narrative is heating up, and you can get exposure to it today with Vector Reserve. Check out these 8 upcoming and ongoing VEC catalysts including new tokenomics, vBTC and vTAO:

Rugs & Bloodshed

We saw over $1.5bn of liquidations on the 13th and 14th while onchain coins were slaughtered. TPU, NTD and SCALE all rugged and this morning GB the RWA project rugged. TG trading volumes (and onchain risk appetite in general) has been down only, falling to their lowest levels since March 2nd yesterday.

But there’s always a trade to be made in this space, with new AI launch OLM running to $50mm during the chaos, MEW nearly tripling from the lows and SPEEDY the new meme on FTM is hitting fresh highs at $32mm.

Some projects / tokens /narratives worth paying attention to this week:

• RB continues its up only path, hitting $22mm ATHs currently

• KAI TGE on Wednesday, which will be interesting given the beating DePin & AI projects have taken in the past few days

• 1intro LBP on Wednesday

• Fjord’s LBP on Tuesday

• GEMAI ongoing LBP

• Tether will be launching its tokenization platform soon

• GCR comes back after a year long hiatus to bull post

• Tokens with relative strength

  • WOLF

  • MEW

  • DSYNC

  • COST

  • HOBBES

  • SLERF

  • EPIK

  • CSWAP

  • DEGEN

• Projects To Watch (With No Token Yet)

  • InfinityChain

  • TaiNet

  • Superseed

  • Runes DEX launch on 4/20

  • Sandglass

  • Adrena

  • Oh.xyz

  • GatherAI

  • SendingNetwork

A $1bn+ DePin Network Launching this Month

io.net’s ability to create decentralized GPU clusters across multiple locations sets them apart from other GPU aggregators on the market. Clustering is an essential practice in machine learning as model training and inferencing requirements increase day by day. Most GPU aggregators can't cluster GPUs and only offer access to a single instance. io.net is the only network that can build decentralized clusters and users can access compute from the array of 725K+ GPUs on the network from anywhere around the world at 90% cheaper than the competition. The network also recent partnered with BVM, the BTC L2:

SMART MONEY CORNER - Presented by chainEDGE

• Smart money has stepped in to buy DOG, FLOKI, GF and OLM in the last 24 hours

• While on SOL, MEW, DOG and PUPS led smart money buying over the last 24 hours

• PUPS and USA have made their way into the top 7 most held by SOL smart money, with nub the other most notable in this list

• The EVM side of things has seen smart money allocating away from most coins, with ONDO, TAO and LMEOW the notable exceptions, while new launch RB reaches $630k of smart holdings.

MEME OF THE DAY