Sidelined?

chainEDGE is Money

You know when high PnL traders start ramping up activity that it’s becoming profitable to trench. We’re also starting to see traders rack up decent wins this month. Try chainEDGE today and find your edge.

Sidelined?

Another day of equity market strength with SPX and QQQ up 2-3%. BTC was unchanged at $93k as was BTC dominance at 64%. The bears are in shambles and so far S&P 500 earnings have been very good all things considered. Crime szn remains in full force with Trump having dinner for the top 220 holders of TRUMP (crime candle into token unlocks).

OTHERS is now up 29% from the pico bottom on 4/7 - On the week, TRUMP lead top 100 outperformance at +59% (and you know we’re so back once MATIC is pumping).

Chart of the Day with Vertex

It seems now is the time to short TRUMP after his crime candle into the recent unlocks. Try app.vertexprotocol.com and trade TRUMP with up to 10x leverage.

The trenches are honestly the best we’ve seen in months. New launch TRENCHER traded up to $9mm today, while newish runners like TROLL are sustaining their runs (this is a sign that times are changing). And frankly it has been months since there was this many sub 72hr tokens above $2mm.

Existing coins also continue to do decent, led by PWEASE and Italianrot on the day - Italianrot has been in a slow and steady grind upward nearly every day.

TROLL flipped Fartcoin in onchain mindshare, while pwease, TRENCHER, NOBODY and MOBY were notable attention gainers.

The TG trenches are finally back to the $100mm daily volume mark (my usual barometer for where trenching is EV+). If we keep accelerating, expect the existing coins with strength to run and for new launches to keep their legs.

Interesting projects getting smart follows:

• USDC

• Alpha Hunt

• JuliaOS

• Believe

• Discordia

• Politiswap

• Sunflower Capital

• Drizzle

What To Do?

Given the softness in the market this year, there is a lack of projects that want access to our highly engaged, 10,000 strong audience here. To keep the writing going, what would you, the amazing reader, do?

SMART MONEY CORNER - Presented by chainEDGE

• TRUMP, POPCAT and Fartcoin led smart buying on the day

• While from a # of $10k+ holders, Fartcoin, Italianrot, ALON and Trencher were leaders.

• On the EVM side, NEIRO, DOLO and MOOSE caught inflows on the day

• Based tokens with smart holdings included TOSHI, KTA, INIT and CLANKER

MEME OF THE DAY