Despite harsh markets $PENDLE $FRIEND was heavily accumulated by Hayes and Machi
AI coins holding strong while we saw a resurgence of memecoins especially CTO ones
Read till the end to get your alpha for 45 early projects
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Weekly Updates
This week we cover proposals to improve Ethereum's user experience, integrate AI capabilities, and increase Layer 2 scaling.
EIP-7702
Pectra Hard Fork
ORA
Other Notable Updates
Narrative Overview
It seems that $BTC experienced a significant price drop on April 30th and May 1st, breaking below the $60,000 support level it had held since early March.
Outflows from cryptocurrency ETFs, with a record $560 million in outflows on May 1st.
However, the market appeared to find a bottom around $56,600 for BTC, and a subsequent bounce occurred, potentially aided by positive news from BlackRock and favorable NFP data.
Resurgence of "memecoin" performance like $PEPE, $WIF, $DOGE, $BONK, and $FLOKI leading the way.
Tesla's accepted $DOGE as payment. There was also a surge in interest around various cat-themed coins, with POPCAT emerging as a leader in this niche.
#BTC #ETH #HotTrends
