FriendTech v2 Szn

In Partnership with Vector Reserve

The ETH liquid restaking market is worth $9bn and the BTC market cap is more than 3x higher than ETH presenting a huge opportunity for BTC liquid restaking. VEC’s upcoming vBTC product will be one of the first movers within this narrative, putting VEC at the forefront of the most promising narratives in the market. The project is also a prime example of deflationary tokenomics and real yield at work.

Friendtech v2

Honestly pretty boring out there. We saw COOL launch a few hours ago with the team bundling 28% of the supply and selling → the token has gone straight down since launch. Popular ETH new launch MONKE has traded pretty weak, down 70%+ from its peak on $26mm of volume. Meanwhile new launch BetBase has one of the best looking post LBP charts I’ve seen since ARCX.

Biggest things drawing attention right now are HeroGlyphs and its minting (no one really seems to know what the NFTs do). Decentralized (Rune #2) is launching today, along with FriendTech v2. It’s consensus that FT likely drops the token as part of this launch.

Tokens with notable strength over the past 24hr:

• Michi

• SKI

• Pacmoon

• Gummy 

• Chomp

Other upcoming launches/projects to watch:

• Memebox launch by Solidly

• Infora – some news trading thing

• Quack launch today

• Overload

• Doginhood

• StripChain

• LRC Swap

• EigenTao

• NOYA

Io Responds to Recent Fud, Launching Soon

The biggest DePin launch yet faced GPU spoofing attacks ahead of its planned TGE. Read more on the situation and the response from Io.net’s CEO in this piece from The Block:

SMART MONEY CORNER - Presented by chainEDGE

• Notable EVM buys into TRUMP, KARRAT, FJO and doginme over the past 24 hours, with TRUMP far and away the leader at $249k of buys. ETH utility bags continued to see outflows, with DEAI, basedAI, yAI and OPSEC all seeing $60k or more of net sells

• On SOL, PUPS, GUMMY and FLUFF saw notable buys, but outflows primarily led the way in michi, SLERF, USA and WIF

• PAJAMAS has creeped into the top 6 by smart $ held, while nub leads with the most amount of $10k+ smart wallets at 12

• On the EVM side, TRUMP leads with $3.85mm of smart holdings across 15 $10k+ smart wallets. doginme, BITCOIN, FJO and OPSEC all saw notable accumulation over the past 7 days despite a soft onchain market.

• On BASE specifically, CHOMP, WARPIE and KEYCAT all seem notable here with 5+ $10k smart holders (and lower relative CT attention)

MEME OF THE DAY