Denial Phase?

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.

Denial Phase?

Most onchain coins are bleeding out, there is no strong narrative working anywhere, and TG degen volumes help show how weak things have gotten, with daily volumes falling back to early March levels (before everything took off).

The only coins working are memes, with notable strength today in:

  • FLUFF new launch

  • CATGPT recent meme launch on SOL

  • MANEKI which is hitting ATHs again

  • POPCAT which was up 22% on $30mm of volume

The most interesting new projects and upcoming launches include:

An Imminent $2bn+ DePin Launch

Io.net’s TGE is in just 2 days, bringing the most exciting DePin launch to market. With a network of over 800k GPUs, Io.net can be deployed immediately and at a much lower rate than other competitors. Check out this interesting research about Io.net’s positioning in the AI GPU market:

SMART MONEY CORNER - Presented by chainEDGE

  • Notable inflows into pepecoin, Bunny, ELON, TOPIA, COMAI and new launches YAP and LLM

  • SOL flows leaned more bearish, with net selling in MANEKI, PIPS, CATGPT and new launch FLUFF

  • MANEKI on track to flip nub in terms of smart $ holdings, while nub retains the top spot in terms of number of $10k+ smart holders at 12

  • On the EVM side, notable accumulation on TRUMP, KEYCAT and LMR over the past 7 days, each with $500k or more of smart holdings

MEME OF THE DAY

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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.