Happy Friday good degens! Will we hit 100k today?!?
Let’s dive in!
As always… stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles):
Total Crypto Market Cap: $3.40T
Gold: $2694.10
Oil (WTI): $69.73
US 10Y Treasury: 4.402%
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
BIG, BIG news from the team at @Infinit_Labs - who have just released their new INFINIT Launcher… letting users launch their own AI agent tokens!
This release could not be more timely, as the AI agent meta has been absolutely dominating mindshare in the crypto space as of late…
To quote INFINIT directly, this new tool allows users to:
“Launch your crypto token in just a few clicks, complete with an AI agent to handle daily content creation. Customize your token across a wide selection of chains, while the AI agent boosts visibility and builds your community on X (Twitter)…
…easily launch tokens …across five major chains: Ethereum, Base, BNB, Blast, and Mantle…”
Get all the details in the full Medium article or the thread below, and get started now at launcher.infinit.tech!
And we will be continuing to highlight all of Infinit’s gigabrain shipping, so make sure to follow them on Twitter for more updates!
Biggest TVL Movers + Else
Chains are very green today. Only top 25 chains red on the monthly are Polygon (#11), Blast (#16), and Scroll (#22).
Protocols are very green as well. Only top 50 protocols red on the monthly are Rocket Pool (#14), and SUN (#48).
Here’s The Top 12 Fastest-Growing Chains By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Fastest-Growing Protocols By TVL On The Weekly With At Least $1M TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Chart Of The Day
(Courtesy of our Official Sponsor @vertex_protocol)
-$TIA generated massive excitement and price appreciation earlier this year, but has been very quiet on both fronts ever since…
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New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include or re-include every newly launched protocol added by @DefiLlama that has at least some TVL or is followed by at least some of our mutuals - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-Something new called @triplicate_xyz. Twitter bio states “A radical future for science - network-driven, deinstitutionalized, open for all. Run your experiments in Triplicate. bio: @golatotyler neuro: @ambigrammarian”. Followed by 5 of our mutuals. h/t @AresLabs_xyz and @GolatoTyler:
-Something new called @catalyst_xyz. Twitter bio states “The Decentralized Science funding machine. Brought to you by the team behind @molecule_dao & @pumpdotscience”. Followed by 9 of our mutuals. h/t @AresLabs_xyz:
-New lending protocol on Zircuit called @ElaraLabs has been added to @DefiLlama. Twitter bio states “The first native lending protocol on @ZircuitL2 🐱, built with cutting-edge modularity. Shaping the future of DeFi with transformative lending innovations.” Followed by 1 of our mutuals.
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $1M+ TVL only) - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Security Alerts
-No security alerts today.
Important News And Analysis
-All eyes on Bitcoin as it hovers just below $100K, almost exactly seven years since it first hit $10k, h/t @DaanCrypto:
-$SOL hit a new all-time high over the last 24 hours, h/t @Dynamo_Patrick:
-Much focus on the Euro in macro circles today:
-Additional headlines c/o @0xSalazar:
-More news/alfa from @TheDeFinvestor:
-Latest prior post-halving comparison data, from @HalvingTracker:
-AI agent meta continues, h/t @CryptoStreamHub (click to read rest of long-form tweet):
-Interesting data re: average stablecoin transaction size per chain, h/t @CryptoRank_io:
-Thoughts on the memecoin trenches from @tmuxvim:
-The following macro story re: China issuing USD-denominated bonds generated massive attention yesterday, h/t @RnaudBertrand:
-Cycle thoughts from @Pool2Paulie:
-Interview with @Matt_Hougan on the post-election crypto landscape, from @pahueg:
-New livestream from @jediblocmates and @Grantblocmates at @blocmatesdotcom:
-Interview with Jeff Park from @fejau_inc at @Blockworks_ on everything to know re: the new Bitcoin ETF options and their potential implications:
-New weekly rollup video from @BanklessHQ going over all the top stories in crypto:
-Parting sentiments c/o @blknoiz06:
Conclusion
Have a great Friday and stay hypervigilant out there friends!
And please RT/subscribe/etc if you found this valuable!
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***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.
