Bitcoin Price Surges to New Peaks 🚀

Sunday is upon us.

Welcome back to another newsletter from us at The Merge.

We’ve smashed through Bitcoin’s previous All Time High (ATH) well before the halving next month for the first time in history.

We may well and truly have a supercycle on our hands that blows everyone’s expectations of where the price could go for crypto over the next year.

Buckle up!

This Week’s Roundup :

• 👾 Is Altcoin season around the corner?

• 🌚 Memecoin went from 0 to $1 Billion in 24 hours???

• 🪄 ETF inflows are getting seriously, seriously large…

Before we get into it, let’s take a look at the winners and losers of this week across the markets.

Read Time: 10 Minutes

Biggest Winners & Losers This Week

BOOK OF MEME | BOME - Newly released memecoin (↑2072%) 🔥 

0x Protocol | ZRK - Infrastructure protocol for DEX’s (↑110%) 🔥

Jupiter | JUP - Recently launched Solana DEX (↑69%)

Shiba Inu | SHIB - Memecoin (↓28%)  

SATS | 1000SATS - BRC-20 token paying homage to Satoshi (↓24%)  

Arweave | AR - Decentralised file storage network (↓24%)  

What’s happening in Crypto?

Here’s what else is happening in crypto that you should know about:

1/ Is Altcoin season around the corner?

Bitcoin continues to have its moments to shine as after all it is king of all.

However, since October last year, we’ve seen altcoins move massively by tens of thousands of % across the board.

Traditionally you see what’s known as money flows in a bull market, starting with BTC, trickling down to high-cap coins, then mid, then the true doo doo meme and sh*t coins that are useless.

However, it seems that the initial indicator of money flows into things like memes at the later end of the cycle isn’t as reliable of a signal as it has been in the past.

This has caused some confusion within the market as the traditional flows of money and retail entering are not what they have been for the past few bull markets.

It seems like Bitcoin is on the precipice of another face-melting upward push with the halving next month (basic economics - decrease in supply rewards for mining bitcoin and increase in demand = price go up).

Altcoins will ultimately follow once Bitcoin consolidates after what’s known as a parabolic run, some suspect around the $100k mark as a first stage (key psychological level!)

So, whats the Altseason Formula?

(i) Bitcoin consolidating after big move-up

(ii) Ethereum making a big move up (in bitcoin value)

(iii) Bitcoin dominance spiralling downwards

These three collectively should help give you a solid indication of when alt season is upon us - sooner than you think!

2/ Which memecoin went from 0 to $1 Billion in 24 hours???

Book of Meme (BOME) provided a ridiculous over 565x return in the space of 24 hours. Take a look at the chart below.

If we put in $100 2 days ago at 8am we’d currently be up about $56,000 by 4pm yesterday. ONE DAY.

Truly ridiculous stuff.

Aside from the fact it’s pretty much manipulated buys and a rather surprising listing on Binance which caused the price to surge, it goes to show the power of life-changing gains in meme coins and the pure degeneracy of on-chain activity we’re seeing especially on Solana this cycle.

The power of meme coins is well and truly back in full force people.

3/ ETF inflows are getting seriously, seriously large…

We are well over $20 Billion and climbing rapidly with each week since the inception of these ETFs a little over 2 months ago.

These are astronomical numbers.

If the rate at which these inflows are coming in continues (even at 50% of what they are) every day for one year then this time in 2025 BTC could be sitting at just over $300,000.

Check out James from InvestAnswers to see how he’s breaking down the data to pull out these sorts of calculated predictions.

Our Favourite Tools to Navigate Crypto

🔭 DeBank: Web3 Portfolio Tracker

When it’s difficult to keep track of what’s where - just sync up any of your wallets and see within seconds where things are. This new gem of a tool we stumbled across gives you a holistic overview of all your holdings across multiple blockchains in one place (link)

👻 Phantom Wallet: Multi-Chain Crypto Wallet

Becoming our favourite wallet to use. An easy-to-navigate cross-chain compatible wallet (you can use it for SOL & ETH etc) with a user interface that beats most of the competition out of the ballpark (link)

😺🪐 Jupiter: Solana Decentralised Exchange

We only started using Jupiter a few months back and it’s by far our favourite DEX to use. Clean UX, cheap SOL fees, and DCA functionality are a godsend (link)

🦇 Arkham Insights: Smart Money Insights

An investment tool if you want to understand where ‘Smart Money’ (aka the market makers) are placing their bets then make sure to check it out (link) 

🦙 DefiLlama: Defi Dashboard

Analytics dashboard which shows the Total Value Locked (TVL) across all of the major DeFI protocols (link)

🦎 CoinGecko: Crypto Data and Analysis Platform

Keep up to date with prices, trading volumes, and crucial crypto data (link)

Ones to Watch

This list will continue to grow/change as the month’s progress and the market develops over this coming bull run.

AI: (↑85%) this month

(TAO) Bittensor: $3.8B MC - Decentralised AI Network (↑2%)

(RNDR) Render Network: $3.8B MC - Decentralised GPUs (↑74%)

(ROSE) Oasis Network: $992M MC - Privacy-focused L1 Blockchain (↑41%)

(OLAS) Autonolas: $231M MC - Autonomous Services of AI Agents (↓18%)  

Gaming: (↑84%) this month

(BEAM) Beam Network: $1.7B MC - Network & Ecosystem for Developers and Gamers (↑<1%)

(SFUND) Seedify Fund: $280M MC - IDO Launchpad for New Tokens (↑37%)

(NAKA) Nakamoto Games: $229M MC - Play-To-Earn platform with multiple crypto games (↑86%)

(SHRAP) Shrapnel: $77M MC - FPS Triple AAA Game Backed by Franklin Templeton (1.5B AUM) (↑9%)

Depin | Distributed Computing: (↑65%) this month

(SHDW) Shadow Network: $215M MC - Solana Infrastructure (↓<1%)  

(NOS) Nosana: $443M MC - Decentralised GPU's (↑37%)

(OPSEC) Opsec Network: $148 M MC - Ethereum Privacy & AI Physical Infrastructure (↑102%) 🔥

L1’s/Parallel EVM: (↑85%) this month

(SEI) Sei Network: $2.47B MC - Extremely Fast L1 with V2 & Parallel EVM Launching in Q2 (↑16%)

(NEON) Neon EVM: $86M MC - First Live Parallel EVM to go live on Mainnet - direct interoperability with no fragmentation between ETH & SOL (↑16%)

(MONAD)* Coming this year → keep an eye out for it.

*NFA of course - these are just ones we’re keeping an eye on*

Key Indicators to Look at

Altcoins: Buy and Sell Signal

We wanted to share with you a great piece of equipment to add to your arsenal of analytical tools.

Cryptokoryo has created a system designed to optimally invest in crypto coins (>1 year).

It highlights the signal of when to:

• Sell your house (0.1 and below is a generational buying ) = BUY

• Buy a house (0.9 and above is generational selling ) = SELL

So where are we currently? 

0.166 = BUYING OPPORTUNITY

Our personal opinion alongside historical data, is that we’re not going to be hovering around this zone for long.

The ball is in your court and the signals are there. It’s up to you what you do with this information.

FYI: This doesn’t mean we cannot go lower - we may see our traditional pre-halving flush.

Either way - it’s < 30 days until the Halving!

MVRV

The MVRV Z-Score uses blockchain analysis to identify periods where bitcoin is significantly over or undervalued relative to its ‘fair value’.

It can be a good sign to an investor/trader of when to buy or sell.

You can read more in detail about how it can be used here.

Current MVRV Score: 2.93

Fear and Greed

Investors need to be cautious of their own nature as their emotions could cloud their rational decision-making and judgement.

This index is a collection of sources to track the general sentiment of the crypto market.

Current Fear & Greed Index: 81

Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.

When Investors are getting too greedy, that means the market is due for a correction.

That’s it!

As always, thanks for reading.

Hit reply and let us know what you found most helpful this week—we’d love to hear from you.

Until next Sunday,

The Merge