💸 9 Trillion Dollars Flying Into Crypto

PLUS the upcoming Ordinals season flag ship runner!

Fuck it, we mog. 4 trillion hit.

It`s finally THE season. ETH/BTC is absolutely ripping (plus we just got this beautiful cross), and the market turned to possibly the realest thing crypto offers: DeFi.

Fortunately, we prepared for this scenario early this week and wrote about all the leading DeFi picks in Monday`s degen corner. On top of that, the new “Saylor of ETH”, Joseph Lubin, announced a plan to raise another $5B for ETH purchases. Plus, the ETH ETFs now flex higher inflows than BTC.

Even better: the Clarity Act just passed in the U.S., officially recognizing Ethereum as a “mature blockchain,” along with Bitcoin and… Cardano? Oh well. Either way, it’s a big win for alts, and I genuinely believe DeFi is about to thrive.

Also, let`s not forget some great runners are waiting inside the BTC ecosystem. Ordi, Bitcoin Puppets, PUPS, Nodemonkes, Gizmo… anyone with me? It might still take some time, though.

And just when things couldn’t get more bullish, the Orange Man decided to announce a plan to launch a “crypto 401k”, opening up 9 trillion dollars of retirement savings to be invested in Bitcoin and crypto. Quite massive.

Oh, and look at the Bitcoin Dominance. Beautiful, but remember, even the brightest bull markets experience deep red days, flushing out the leverage. See the “and finally” section below for a bit of wisdom.

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The important bits.

  • Mira partners with Gelato for Verifiable & Reliable AI, read more

  • Mira extends the Main Crusade reward campaign, earn up to $10,000 here

  • Sophon`s MOO F.O. game sees 200k sign-ups, join here

  • Rysk Finance covered and explained in new blocmates article, read here

  • Peapods Finance explained in a new blocmates research article, read here

  • EtherFi teases expansion to Hyperliuqid, announcement here

  • Flowdesk and Kinetiq have partnered to create a $25m HYPE liquidity facility, read more

Even more important bits.

Charts and stats of the day.

StalkChain spots the next big meme coins early by tracking top wallets and smart money moves in real-time.

See what whales are buying, follow top-performing traders, and analyze token trends before the crowd.

PS: Use code BLOCMATES for 20% off, but shhhh it's our little secret

DOGE/USDT 1W Binance Log Chart

DOGE just broke the downtrend, and these tend to be sustained moves to the top of the funnel - a structure only visible if you switch to logarithmic view (bottom right ‘L’ button on Tradingview).

The top of the funnel would mean a pretty huge market cap, so I’ve put a couple of realistic targets in at 0.33c and 0.39c. Fuck that though, really, that’s not why we came here, right? Gib $1+. I will be buying pullbacks towards the yearly VWAP (blue line), which tends to be claimed at the beginning of these moves (see green circles).

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

Telemetry data of the day.

  • Whale moves over the last 24H:

Source: Telemetry

  • Trending tokens over the last 24H:

Source: Telemetry

If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).

Ordinals comeback.

As mentioned in the commentary, I think the leading picks of the Ordinals ecosystem will put in a huge revenge pump, sooner or later.

The most liquid one is Ordi. This one can be considered a leader of the pack, and once the ecosystem starts getting traction again, it wouldn't be surprising to see it become a flagship.

Not financial advice, but I`m putting this one on my watchlist.

fin

To save you doom scrolling.

If you`re new to crypto, just know that things like this are actually more important than fundamentals and technical analysis. This is how bottoms are created:

Read this and remember that this is how things go down during bull runs. When the market is truly bullish, there are always quick wipe-outs followed by swift V-reversals. And we’ve been seeing this for weeks now.

stay safe homies,

Hix0n 🫡

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