1 month ago
Daily Memecoin Recap - October 30
Seems like AI meta is slowly dying out. What's next? 👀
Luce Gets A New Character
#tenebro -> hit $3m , New Mascot of The Holy Church
#tenebro -> hit $1 .45m
$bope -> hit $284k , based pope
- Tenebro is $LUCE 's nemesis
High Volume
$rzlr -> $2 .1m to $10 .1m (4.8x), viral tiktoker, the rizzler
$xeno -> hit $11 .2m, quote retweeting other people's tweets with AI generated art
$mondo -> hit $4 .6m, unique art
$zuo -> hit $1 .1m, funny meme
Doge Betas
$shibu -> $4 .7m to $12m (2.5x), $doge mascot
#dogenes -> hit $4 .9m, greek philospher $doge
$dogat -> hit $3m , cat version of $doge
Artist Launch
$bflyz -> hit $3 .7m
- bflyzone_
Artificial Intelligence
$avb -> $1 .2m to $8 .3m (6.9x), autonomous virtual beings
#himenoAI -> hit $1 .5m
$moksha -> hit $1 .3m
$bbc -> hit $930k , BBC AI...
Maneki Co-Founder Launch
$thecat -> hit $41m
- Maneki confirmed that one of their co-founders launched his own token
Election Meta
$doge -> $740k to $4 .2m (5.7x), Department of Gov Efficiency
$donkey -> hit $5 .2m, based on KamalaHarris
#republican -> hit $2 .3m
$potus -> hit $1 .6m, President of the United States, realDonaldTrump
#garbage -> hit $1m , United States Of Garbage
- Elections are next week👀
Tee Hee He
$tee -> hit $46 .5m, on $ETH
$tee -> hit $1 .2m, on $SOL , beta to the one above
- Rumored to be truth_terminal's eth coin
More Cooks
$ff -> $500k to $2m (4x), platform that lets you launch a fair coin on pump fun
$toro -> hit $13m , Asian character
$btcat -> hit $7 .5m, first cat on chain
$earl -> hit $3m
$mx -> hit $2 .25m, MX69420, beta to $spx (SPX6900)
$bbydev -> hit $1 .45m, the dev is a baby
$snoo -> hit $1 .34m, reddit mascot
$mikro -> hit $845k , redacted MicroStrategy
$brains -> hit $800k
#ct100 -> hit $488k , CT Index, 100 most influential accounts on CT, unique concept
$batcat -> hit $470k , Halloween meta
$mlnr -> hit $430k , Millionaire
$popbat -> hit $210k , $popcat bat
All eyes on $BTC as we hope it breaks past ATH
Will we continue to have a green Q4?
Seems like AI meta is slowly dying out. What's next? 👀
Luce Gets A New Character
#tenebro -> hit $3m , New Mascot of The Holy Church
#tenebro -> hit $1 .45m
$bope -> hit $284k , based pope
- Tenebro is $LUCE 's nemesis
High Volume
$rzlr -> $2 .1m to $10 .1m (4.8x), viral tiktoker, the rizzler
$xeno -> hit $11 .2m, quote retweeting other people's tweets with AI generated art
$mondo -> hit $4 .6m, unique art
$zuo -> hit $1 .1m, funny meme
Doge Betas
$shibu -> $4 .7m to $12m (2.5x), $doge mascot
#dogenes -> hit $4 .9m, greek philospher $doge
$dogat -> hit $3m , cat version of $doge
Artist Launch
$bflyz -> hit $3 .7m
- bflyzone_
Artificial Intelligence
$avb -> $1 .2m to $8 .3m (6.9x), autonomous virtual beings
#himenoAI -> hit $1 .5m
$moksha -> hit $1 .3m
$bbc -> hit $930k , BBC AI...
Maneki Co-Founder Launch
$thecat -> hit $41m
- Maneki confirmed that one of their co-founders launched his own token
Election Meta
$doge -> $740k to $4 .2m (5.7x), Department of Gov Efficiency
$donkey -> hit $5 .2m, based on KamalaHarris
#republican -> hit $2 .3m
$potus -> hit $1 .6m, President of the United States, realDonaldTrump
#garbage -> hit $1m , United States Of Garbage
- Elections are next week👀
Tee Hee He
$tee -> hit $46 .5m, on $ETH
$tee -> hit $1 .2m, on $SOL , beta to the one above
- Rumored to be truth_terminal's eth coin
More Cooks
$ff -> $500k to $2m (4x), platform that lets you launch a fair coin on pump fun
$toro -> hit $13m , Asian character
$btcat -> hit $7 .5m, first cat on chain
$earl -> hit $3m
$mx -> hit $2 .25m, MX69420, beta to $spx (SPX6900)
$bbydev -> hit $1 .45m, the dev is a baby
$snoo -> hit $1 .34m, reddit mascot
$mikro -> hit $845k , redacted MicroStrategy
$brains -> hit $800k
#ct100 -> hit $488k , CT Index, 100 most influential accounts on CT, unique concept
$batcat -> hit $470k , Halloween meta
$mlnr -> hit $430k , Millionaire
$popbat -> hit $210k , $popcat bat
All eyes on $BTC as we hope it breaks past ATH
Will we continue to have a green Q4?
1 month ago
2 months ago
2 months ago
Daily Memecoin Recap - October 16
Great volume today, keep an eye out for the next big meta once AI dies down
Disney Gets A New Tiger
$bakso -> hit $10 .67m, baby tiger cub at Disney's Animal Kingdom
$bakso -> hit $654k
$corra -> hit $463k , Disney Born Elephant
A16z - Creators Of Truth Terminal
$tilly -> hit $8 .32m, coin based on an AI dog by a16z
, which developed truth_terminal
( $goat )
$climp -> hit $2 .2m, Bread Climp, posted by a16z partner venturetwins
Taylor Mathis
$taylor -> hit $2 .66m
- Ansem tweeted that we needed to onboard TMathSports
to memecoins
- She eventually answered, people made coins about her
- She posted her wallet, people airdropped her 6 figures worth of a coin about her
- She refused to tweet about the coin lol
- blknoiz06 pls find us a new Taylor
Donald Trump's Coin
$wlib -> hit $356k , not the real coin, just a meme
- realDonaldTrump reveals that the WorldLibertyFi
token sale is live
- Probably a rug Artificial Intelligence
$goat -> $130m to $337m (2.59x), a lot of whales top blasted today, do they know something we don't?
#floydai -> $5 .27m to $22 .93m (4.35x), George Droyd
$dogAI -> $500k to $8 .55m (17.1x), First AI-driven memecoin dog
$forest -> hit $6 .6m
$jenny -> hit $4 .62m, created by AI Jennylush_
who has a private chatbot
#clanker -> hit $4 .2m, slur for robots and AI, good meme given the meta
$govAI -> hit $1 .96m, based on the theory that pigeons are government owned robots
$kaori -> hit $1 .4m
Animal Memes
$popo -> $574k to $5 .74m (10x)
$mimi -> hit $13 .5m, cartoon cat, bundled
$solo -> hit $678k , adopted dog from a shelter that integrated $sol donations
$bsc -> hit $319k , breakdancing sims cat
$lottie -> hit $255k , axolotl
No Nut November (lock in)
$nofap -> hit $1 .9m
- I personally challenge every one of you to 1 month of abstinence next month (unrelated to this coin)
- Lock tf in
Girl Retardio & Remilio
#retardia -> $1 .44m to $ 4.81m (3.34x), girl version of #retardio
#remilia -> hit $1 .14m, girl version of #remilio
More Cooks
$waifu -> $350k to $2 .15m (6.14x), anime meme
$god -> $500k to $2 .1m (4.2x), god mode
#stinkgen -> hit $4 .3m, followed by truth_terminal
$runner -> hit $567k , solana needs a runner
#diabolical -> hit $428k , I need a diabolical cook rn
$sogma -> hit $396k , redacted meme
$dongus -> hit $372k , idek wtf this is
$mood -> hit $230k , "mood rn"
Q4 starting off nicely. When do you expect $btc to hit ATH?
Great volume today, keep an eye out for the next big meta once AI dies down
Disney Gets A New Tiger
$bakso -> hit $10 .67m, baby tiger cub at Disney's Animal Kingdom
$bakso -> hit $654k
$corra -> hit $463k , Disney Born Elephant
A16z - Creators Of Truth Terminal
$tilly -> hit $8 .32m, coin based on an AI dog by a16z
, which developed truth_terminal
( $goat )
$climp -> hit $2 .2m, Bread Climp, posted by a16z partner venturetwins
Taylor Mathis
$taylor -> hit $2 .66m
- Ansem tweeted that we needed to onboard TMathSports
to memecoins
- She eventually answered, people made coins about her
- She posted her wallet, people airdropped her 6 figures worth of a coin about her
- She refused to tweet about the coin lol
- blknoiz06 pls find us a new Taylor
Donald Trump's Coin
$wlib -> hit $356k , not the real coin, just a meme
- realDonaldTrump reveals that the WorldLibertyFi
token sale is live
- Probably a rug Artificial Intelligence
$goat -> $130m to $337m (2.59x), a lot of whales top blasted today, do they know something we don't?
#floydai -> $5 .27m to $22 .93m (4.35x), George Droyd
$dogAI -> $500k to $8 .55m (17.1x), First AI-driven memecoin dog
$forest -> hit $6 .6m
$jenny -> hit $4 .62m, created by AI Jennylush_
who has a private chatbot
#clanker -> hit $4 .2m, slur for robots and AI, good meme given the meta
$govAI -> hit $1 .96m, based on the theory that pigeons are government owned robots
$kaori -> hit $1 .4m
Animal Memes
$popo -> $574k to $5 .74m (10x)
$mimi -> hit $13 .5m, cartoon cat, bundled
$solo -> hit $678k , adopted dog from a shelter that integrated $sol donations
$bsc -> hit $319k , breakdancing sims cat
$lottie -> hit $255k , axolotl
No Nut November (lock in)
$nofap -> hit $1 .9m
- I personally challenge every one of you to 1 month of abstinence next month (unrelated to this coin)
- Lock tf in
Girl Retardio & Remilio
#retardia -> $1 .44m to $ 4.81m (3.34x), girl version of #retardio
#remilia -> hit $1 .14m, girl version of #remilio
More Cooks
$waifu -> $350k to $2 .15m (6.14x), anime meme
$god -> $500k to $2 .1m (4.2x), god mode
#stinkgen -> hit $4 .3m, followed by truth_terminal
$runner -> hit $567k , solana needs a runner
#diabolical -> hit $428k , I need a diabolical cook rn
$sogma -> hit $396k , redacted meme
$dongus -> hit $372k , idek wtf this is
$mood -> hit $230k , "mood rn"
Q4 starting off nicely. When do you expect $btc to hit ATH?
2 months ago
Daily Memecoin Recap - September 30
The market really likes narrative plays at the moment, focus on having conviction
Ansem Shills Giko
$giko -> $2 .64m to $69 .69m (29.4x from the low)
- Pumped 89% in a 1 min candle when blknoiz06 posted about it
- Has been steady climbing for the past week
Aziz Is The Chosen Name!
$aziz -> $238k to $5 .39m (22.65x), "We welcome a female southern white Rhino calf, Aziz!"
- A zoo had a white Rhino calf and had a poll up online to decide its name
- Degens started creating coins with all the different name options
- Today Aziz was announced as the winner for the rhino's name
Moo Deng Whales Push A Coin
$hc -> hit $2 .5m, Hippo Cat
- Some holders in this coin had 6 figs in {#id:419#}
Emoji Meta
#🐕 -> hit $4 .5m, Dog Emoji, trend setter for this meta
Manyu Goes Crazy
$manyu -> $6m to $29m
- New ATH
- Good community forming
Good Volume Plays
$sirius -> $2 .7m to $9 .3m (3.44x), first cat on $btc in 2009
$winter -> hit $3 .23m, winter arc
$quant -> hit $1 .94m, "user8687391766990", good tiktok meme
$s &p500 -> hit $1m , solana and pussy 500
$spinna -> hit $728k , Spinna Da Gorillla
Baby Animals
$alfred -> $92k to $1 .5m (16.3x), Alfred the baby barn owl
$pj -> hit $902k , baby aardvark from the San Diego Zoo
$wsb -> hit $860k , worlds smallest bunny
$aardy -> hit $849k , baby aardvark
Moo Deng Betas
#babydeng -> $1 .29m to $5m (3.87x), baby Moo Deng
$abc -> hit $1 .42m, good art & website
$scm -> hit $410k , Smoking Chicken Moodeng, $scf + {#id:419#}
#goddeng -> hit $360k
More Cooks
$fc -> $177k to $3 .69m, Fish In Condom (20.85x)
#uptober -> hit $3 .5m
#chromerag -> hit $795k
#DanHuang -> hit $718k , viral Chinese dog
#octocat -> hit $480k , github's logo
$seal -> hit $353k
$ikea -> hit $242k , ikea dog
#q4 -> hit $206k , the final quarter
Time to onboard retail so we can bring back organic volume
Did you cook?
The market really likes narrative plays at the moment, focus on having conviction
Ansem Shills Giko
$giko -> $2 .64m to $69 .69m (29.4x from the low)
- Pumped 89% in a 1 min candle when blknoiz06 posted about it
- Has been steady climbing for the past week
Aziz Is The Chosen Name!
$aziz -> $238k to $5 .39m (22.65x), "We welcome a female southern white Rhino calf, Aziz!"
- A zoo had a white Rhino calf and had a poll up online to decide its name
- Degens started creating coins with all the different name options
- Today Aziz was announced as the winner for the rhino's name
Moo Deng Whales Push A Coin
$hc -> hit $2 .5m, Hippo Cat
- Some holders in this coin had 6 figs in {#id:419#}
Emoji Meta
#🐕 -> hit $4 .5m, Dog Emoji, trend setter for this meta
Manyu Goes Crazy
$manyu -> $6m to $29m
- New ATH
- Good community forming
Good Volume Plays
$sirius -> $2 .7m to $9 .3m (3.44x), first cat on $btc in 2009
$winter -> hit $3 .23m, winter arc
$quant -> hit $1 .94m, "user8687391766990", good tiktok meme
$s &p500 -> hit $1m , solana and pussy 500
$spinna -> hit $728k , Spinna Da Gorillla
Baby Animals
$alfred -> $92k to $1 .5m (16.3x), Alfred the baby barn owl
$pj -> hit $902k , baby aardvark from the San Diego Zoo
$wsb -> hit $860k , worlds smallest bunny
$aardy -> hit $849k , baby aardvark
Moo Deng Betas
#babydeng -> $1 .29m to $5m (3.87x), baby Moo Deng
$abc -> hit $1 .42m, good art & website
$scm -> hit $410k , Smoking Chicken Moodeng, $scf + {#id:419#}
#goddeng -> hit $360k
More Cooks
$fc -> $177k to $3 .69m, Fish In Condom (20.85x)
#uptober -> hit $3 .5m
#chromerag -> hit $795k
#DanHuang -> hit $718k , viral Chinese dog
#octocat -> hit $480k , github's logo
$seal -> hit $353k
$ikea -> hit $242k , ikea dog
#q4 -> hit $206k , the final quarter
Time to onboard retail so we can bring back organic volume
Did you cook?
2 months ago
Hivemapper, a decentralized mapping network on solana, announces the Bee Dashcam is cleared for mass production, with shipping in Q4.
It will help revolutionize mapmaking with 3D imaging and enhanced GPS accuracy.
It will help revolutionize mapmaking with 3D imaging and enhanced GPS accuracy.
2 months ago
💬 "Previous Bitcoin bullruns peaked between October and March, and we expect a major breakout in Q4 2024."
“We expect $5 billion to $8 billion to come back into the crypto space.”
Markus Thielen, manager at 10x Research.
Analysts agree on a range of catalysts fueling Bitcoin's momentum:
🔹️ The Federal Reserve's decision to cut interest rates by 0.50%, which weakened the US dollar.
🔹️ US fiscal debt reaching $35 trillion and increasing by $1 trillion every 100 days.
🔹️ Political developments with Kamala Harris expressing support for digital assets.
🔹️ Bitcoin ETF flows remained positive, with total inflows of $17 billion.
🔹️ The stability of BTC miners after the halving.
“We expect $5 billion to $8 billion to come back into the crypto space.”
Markus Thielen, manager at 10x Research.
Analysts agree on a range of catalysts fueling Bitcoin's momentum:
🔹️ The Federal Reserve's decision to cut interest rates by 0.50%, which weakened the US dollar.
🔹️ US fiscal debt reaching $35 trillion and increasing by $1 trillion every 100 days.
🔹️ Political developments with Kamala Harris expressing support for digital assets.
🔹️ Bitcoin ETF flows remained positive, with total inflows of $17 billion.
🔹️ The stability of BTC miners after the halving.
3 months ago
📊 Weekly Outlook Charts Sep 2-6:
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
Weekly Outlook Sep 2-6 (Breadth Indicators) for INDEX:MMTH by SolenyaResearch — TradingView
In the top chart we have INDEX:MMTH which shows how many stocks are above their 200 D MA expressed as a percentage. When 70% or more of stocks are above their 200 D MA, it can be seen as over exuberance which can lead to a short term decline as investors take profits on riskier stocks to rotate in l..
https://www.tradingview.com/chart/MMTH/pJU7vnfN-Weekly-Outlook-Sep-2-6-Breadth-Indicators/
3 months ago
Continuing to defy the expectations of the wider crypto market, Solana has outperformed digital asset rivals like Bitcoin ($BTC) and Ethereum ($ETH).
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
During a forgettable week for crypto markets, Solana has bucked the bearish trend, enjoying positive inflows amidst a sea of red.
SOL LEADS WEEKLY INFLOWS ACROSS TOP DIGITAL ASSETS
While much of the crypto market succumbed to bearish forces last week, Solana showed plenty of resilience. According to CoinShares data, Solana digital asset products attracted over $7 .6M in net inflows, outperforming both Bitcoin (-$319M) and Layer 1 rival Ethereum (-$5.7M).
However, despite positive inflows in digital asset products, $SOL price suffered a significant decline. Over the past week, Solana has dropped 15.45%, sliding from $157 .2 to currently exchange hands at $132 .91, based on Step Finance data.
In this sense, Solana has underperformed both $BTC and $ETH , which lost 7.5% and 7.3% respectively over the same period.
The diverging trends highlight a curious dynamic. Despite Solana suffering a more significant price drop than both $BTC and $ETH , institutional inflows for Solana-based digital asset products were positive.
Solana’s favorable performance suggests higher demand from institutional investors and traders, who are taking advantage of turbulent market conditions to establish positions heading into Q4.
Alternatively, the comparatively smaller range of Solana-based products allows for a reduced sample size, which could skew results. The abundance and accessibility of Bitcoin and Ethereum ETFs mean that these assets are likely to witness more consistent trading behavior.
MONTHLY STABLECOIN INFLOWS INCREASE BY 21%
Beyond positive digital asset product inflows, the Solana network also enjoyed increased stablecoin flows.
Having continually grown throughout 2024, Solana’s monthly stablecoin inflows increased by 21%, rising from $371M in July to $449M in August.
The growth indicates a growing desire for greater liquidity onchain. The trend is further supported by an increase in the total value of bridged assets arriving on the Solana network.
According to data provided by deBridge and Artemis, over $345M worth of assets were bridged to Solana from alternative chains, a 23% increase from the $280M bridged in July. August’s bridge traffic included over $279M from Ethereum, the industry’s largest Layer 1 network.
The inflow of capital suggests that investors and traders could be eager to establish positions in both Solana’s thriving DeFi scene and the ecosystem’s native tokens. With increased liquidity arriving onchain, network participants hope that the Solana ecosystem can maintain its bullish trajectory in Q4.
4 months ago
US INTEREST RATE 🇺🇸
Yesterday's employment figures gave us a little breather after a red week...
To put it simply, the numbers showed that the job market is doing better than expected, which reduces the likelihood of a recession and therefore an urgent interest rate cut by the FED.
At this rate, we will even find a consensus that is counting on a single rate cut for the FOMC on September 18.
In short, for us, the main thing is to hope that the market holds up for Q4 because that is the launch pad moment for our second part of the bullrun.
Yesterday's employment figures gave us a little breather after a red week...
To put it simply, the numbers showed that the job market is doing better than expected, which reduces the likelihood of a recession and therefore an urgent interest rate cut by the FED.
At this rate, we will even find a consensus that is counting on a single rate cut for the FOMC on September 18.
In short, for us, the main thing is to hope that the market holds up for Q4 because that is the launch pad moment for our second part of the bullrun.
4 months ago
My Macro take on crypto
#btc on the weekly doesnt look great. We closed lower than the 20 W EMA on the weekly which has consistently signaled the end of bear markets post halving (may 2021 being an exception). However, this is a weak argument imo and I think this cycle more closely resembles last cycle where we had the exception in May 2021 because there is more evidence that this cycle is not yet done.
https://www.tradingview.co.../
Based on cyclical data, where btc is this cycle indicates 2025 to be a key year as the year after halving is usually the best year.
Image below shows historical dates of mid cycle top/bottoms, and cycle tops/bottoms with dates of halving as well. We were at the mid-cycle top earlier this spring - represented by the purple dot in Cycle 4. If historical data suggests any clues on market cycle top, Q4 2025 would be the date.
Furthermore, the average days from previous cycle tops to current cycle tops are 1268 days. A conservative estimate would be a top in Q2 2025, with the possibility of an extension into Q4 2025 if this cycle follows more closely to the last 2 cycles which had 1450 days between cycle tops. More data suggests Q4 2025 cycle top as the last 2 cycles took 1060 days from cycle bottom to cycle peak.
https://www.tradingview.co.../
Some more data that confirms my biases:
- Average Number of days btc spent above 20 W EMA (last 2 cycles) = 802 days
- This cycle so far = 413 Days
- Number of days btc spent above 200 D MA (last 2 cycles) = 787 days
- This cycle so far = 462 Days.
To sum things up: the data suggests we still have about a year of bull market activity lined up. I'd say Q2 2025 cycle top is conservative given the macro environment. The Sahm Rule and other leading indicators of recession has me worried about the 2nd half of 2025. Economic data is almost always lagging and whether we are in a recession today or not, we will not know until 2 quarters from now. That being said, if Sahm Rule holds true and we enter recession in Q4, we won't know until at least Q2.
#btc on the weekly doesnt look great. We closed lower than the 20 W EMA on the weekly which has consistently signaled the end of bear markets post halving (may 2021 being an exception). However, this is a weak argument imo and I think this cycle more closely resembles last cycle where we had the exception in May 2021 because there is more evidence that this cycle is not yet done.
https://www.tradingview.co.../
Based on cyclical data, where btc is this cycle indicates 2025 to be a key year as the year after halving is usually the best year.
Image below shows historical dates of mid cycle top/bottoms, and cycle tops/bottoms with dates of halving as well. We were at the mid-cycle top earlier this spring - represented by the purple dot in Cycle 4. If historical data suggests any clues on market cycle top, Q4 2025 would be the date.
Furthermore, the average days from previous cycle tops to current cycle tops are 1268 days. A conservative estimate would be a top in Q2 2025, with the possibility of an extension into Q4 2025 if this cycle follows more closely to the last 2 cycles which had 1450 days between cycle tops. More data suggests Q4 2025 cycle top as the last 2 cycles took 1060 days from cycle bottom to cycle peak.
https://www.tradingview.co.../
Some more data that confirms my biases:
- Average Number of days btc spent above 20 W EMA (last 2 cycles) = 802 days
- This cycle so far = 413 Days
- Number of days btc spent above 200 D MA (last 2 cycles) = 787 days
- This cycle so far = 462 Days.
To sum things up: the data suggests we still have about a year of bull market activity lined up. I'd say Q2 2025 cycle top is conservative given the macro environment. The Sahm Rule and other leading indicators of recession has me worried about the 2nd half of 2025. Economic data is almost always lagging and whether we are in a recession today or not, we will not know until 2 quarters from now. That being said, if Sahm Rule holds true and we enter recession in Q4, we won't know until at least Q2.
5 months ago
(E)
🪙 Tron teams are working on the development of a new solution that allows transfers of stablecoins without gas fees from the native Blockchain.
The fees would be fully covered by the stablecoins.
Justin Sun reports that this innovation will first be implemented on the Tron blockchain in Q4, before supporting Ethereum and all EVMs.
https://x.com/justinsuntro...
The fees would be fully covered by the stablecoins.
Justin Sun reports that this innovation will first be implemented on the Tron blockchain in Q4, before supporting Ethereum and all EVMs.
https://x.com/justinsuntro...
5 months ago
What if the bull run started sooner than expected and we're now back on track with the original timeline?
Based on previous cycles, Delphi predicted BTC hitting its previous ATH in Q4 2024 after a two-year bear market.
Yet, we passed it in Q1'24 thanks to the BTC ETF!
If that's the case, expect BTC to rally again and hit a new ATH by Q4 2025.
This prediction is based on previous cyclical patterns (more on it in the comments).
Plus, BTC halvings and prices have historically aligned with global liquidity.
However, interest rates in the US are expected to change later this year, while in the EU and Canada, they have already been decreased.
If this all plays out, it's a tough situation for those who missed the initial rally and bought in at local highs.
Selling now, fearing the bull run is over, could lead to more regret if BTC follows its usual cycle and bounces back.
***CREDITS: Ignas defi research***
Based on previous cycles, Delphi predicted BTC hitting its previous ATH in Q4 2024 after a two-year bear market.
Yet, we passed it in Q1'24 thanks to the BTC ETF!
If that's the case, expect BTC to rally again and hit a new ATH by Q4 2025.
This prediction is based on previous cyclical patterns (more on it in the comments).
Plus, BTC halvings and prices have historically aligned with global liquidity.
However, interest rates in the US are expected to change later this year, while in the EU and Canada, they have already been decreased.
If this all plays out, it's a tough situation for those who missed the initial rally and bought in at local highs.
Selling now, fearing the bull run is over, could lead to more regret if BTC follows its usual cycle and bounces back.
***CREDITS: Ignas defi research***
7 months ago
(E)
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15 days ago