🌕 Tariff War Ended, Golden Age Of Crypto Started.

GM, welcome to the Trump market.

The Art of the Deal is on full display: Everything is repricing back higher after Trump’s administration announced a 90-day lowering of tariffs, with China lowering its tariffs to 10% and the U.S. to 30%.

Turns out siding with the crowd (overwhelmingly bearish, as we kept noting) wasn’t the winning play. We (the retail) literally outperformed institutions after Trump told everyone to buy the bottom live on X.

Sure, things look a bit stretched, so minor or even chunky pullbacks can’t be ruled out. But, as far as I’m concerned, it isn’t smart to try to get overly bearish or even short the market during times like these.

Maybe we will see inverse volatility tomorrow when the CPI data is released or during Powell’s next speech on Thursday. Let’s see.

The interesting thing here is how perfectly Bitcoin continues to track the growth of M2/global liquidity. As long as this continues and the outlook for growth remains pinned into mid-2026, one simply has to stay bullish.

Mind you, this all is happening while Google Trends searches for “Ethereum” surged, and Bitcoin dominance looks like it topped out. The altseason hopium is alive and well.

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The important bits.

• Somnia releases and update for Yappers, check rewards here

• Sophon explains the problems around crypto in a new podcast, listen here

• Ionet’s IO intelligence DePIN interface is out, try it out here

• mETH’s LST is now available on HyperEVM, deposit and farm the airdrop here

• Ramen Finance’s TRAX presale is now live, register here

• Premia Blue releases new weekly newsletter, read for free here

• Magic Newton announces the Newton Genesis launching on Base

• Berachain releases a new proposal to drive value to BERA

• Layer Zero introduces a new Hyperliquid bridge

Even more important bits.

• Rumble is launching a Bitcoin and stablecoin wallet

• Metaplanet has bought 1,241 more BTC

• Truth Social Memecoin by TRUMP team is launching in the next 72 hours

• Holding company ‘Nakamoto’ just raised $710 million to buy more Bitcoin

• Disinflation is quietly stacking up for Europe

• CryptoQuant CEO admits he was wrong about the bull cycle ending

• BlackRock met with the SEC Crypto Task Force on May 9, and sought guidance on staking

Charts and stats of the day.

• Digital asset funds saw $882M in inflows last week

• Hyperliquid reached a new all-time high in open interest of >$5.6B

• Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin

• FTX/Alameda unstakes 187,600 SOL ($33M)

• Legendary trader James Wynn has raked in $46.5M trading on Hyperliquid

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GIGA/USDT 1D MEXC

Old memes that are listed on cexes have been squeezing harder than a lemon at a Mexican beach party. These more-or-less abandoned coins were free money on the short side for many months. Now that the bull market in alts is back, heavy short positions need to be closed, which means big buy orders.

Murad has noticed all this and has ramped up his bull posting - it’s weird content, but probably works - I’m going to assume it gets him some attention, and his cex-listed bags are great candidates for big relief pumps. Look for a pullback to get into GIGA. The target is the cloud top. I tweeted this morning about all these edge-to-edge trades, in case you have missed previous setups in this newsletter, there are some helpful links in that tweet.

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!

Memecoins are coming back. That’s why it’s time for a Memecoin corner →

Memecoin respawn.

Many good setups are brewing in the old but gold memecoin section. If the market continues ripping higher, many of these established names will reprice with it.

Remember, this is not financial advice; it’s risky, and you must pick your entries wisely. With that said, my favorite ones to capture the repricing and comeback of volume are:

• Retardio

• Mog

• MLG

• Nub

• Billy

• Mini

• STAN

• Aura

Many of these got pumped overnight, so we may see a little (or large) dip first. Overall, the structures look like a finish of reaccumulation, which is very promising, especially if ETH and SOL continue higher. If that’s the case, these memes provide the best “spot leverage” on both of these assets (in my opinion). Good luck!

• Mira (Trust Layer of AI)

To save you doom scrolling.

The only indicator you need.

So there it is. Remember, on a long enough timeframe, bulls always win. Onwards.

stay safe homies,

Hix0n 🫡