Sidelined?

Alts keep going up

Bungee is live on Mantle

Any swaps to mETH or cmETH on Bungee x Mantle can earn a share of $30k in MNT!

Sidelined?

Another day of the vibes slowly improving. BTC traded up to $87.8k while ETH remained flat (typical) and SOL rose to $144. Bitboy is now in jail, Bonk Guy is up $2m+ on Fartcoin and a market maker for MOVE dumped $38mm on Binance. Also, hilariously, ETH ETF inflows yesterday were actually ZERO.

Alts continued their momentum, with OTHERS now up 18% from the early March lows - strength on the day was led by MOVE, MEW, SUPER and Fartcoin.

Stablecoins are hot on the timeline, with FXS the strongest stable play over the last 30d.

In Partnership with $IO

The team at $IO thinks we’re still in the early innings of the AI supercycle, and lays out a compelling case for why smaller / more nimble builders are already using its IO intelligence platform.

The trenches are getting incrementally better every day as well, with runners like TIM and jeta getting to $3mm while Routine has sold off down to ~$3.5mm. GFM’s strength is also notable (a potential pump.fun competitor) and KTA on base also hit ATHs today of ~$220mm FDV.

Fartcoin, jeta and TIM were the onchain mindshare leaders on the day, with TIM the most notable gainer.

TG trench trading volumes show that BSC szn is dwindling, SOL continues to regain share and Base is holding steady.

While TG trading volume $ continues to be depressed, near its lowest levels in over a year.

The SOL trenches continue to show signs of life though, with 2 new coins holding above $1mm in the last 24hr.

Interesting accounts getting smart follows:

In Partnership with INFINIT

If you’re looking for something to tinker with during this boredom, check out all of the innovative infrastructure that INFINIT has built. You can build dapps, launch tokens and deploy AI agents all from INFINIT (and you earn airdrop points too for using).

SMART MONEY CORNER - Presented by chainEDGE

  • Smart traders are starting to make $ again, a good sign that the SOL trenches are starting to heal

  • Smart flows have also started to pick up, with jeta and GME leading smart buying on the day

  • Balances have yet to really change as people seem skittish

MEME OF THE DAY

Like this content? Make sure to subscribe and always be up to date on the fast paced degen market

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.