CryptoStreamHub

Midweek Market Conclusions: Short-Term Momentum Stall

We observed a weak but clear risk-on impulse starting on Sunday and led by ETH and OTHERS.

However, momentum faded midweek.

The weakness is likely due to news fatigue (Iran de-escalation) and a lack of fresh catalysts.

We saw brief BTC native strength on Tuesday, which was likely driven by ETF inflows.

However, the resistance around $108,200 held, and we were not able to break through.

Meanwhile, NASDAQ continues its slow grind higher.

It's up 4% since Sunday, underperforming crypto-

Without broad follow-through, markets remain headline- and flow-dependent.

Since Sunday’s bottom:

- ETH is up ~13%
- BTC ~10%
- OTHERS roughly match BTC, underperforming ETH

(a more detailed report in my TG - link in bio)

I think altseason is coming:

I've noticed a lot of bearish takes on the TL again recently.

Is it just me, or do you also feel like the sentiment is shifting towards bearish again?

I'm not one to always be the contrarian, but every indicator I look at screams bullish and altseason.

I have no idea how long it will take, but in my opinion, we are clearly in the process of bottoming out, and we may already have lifted off the bottom into the first leg.

Feel free to disagree, but I don't see the bearishness.

#Launchcoin will do well, but $KLED will do better.

I think $PCULE is working on:

- Native UX for Sports betting
- Leveraged Polymarket Betting
- New UX/Website

What I can't wrap my head around is whether they will leave the Polymarket ecosystem.

Remember how #AI16z failed to implement their flywheel and launchpad?

They faded into irrelevancy while #Virtuals is doing well to this day.

That’s exactly what might happen to #Launchcoin if they aren’t careful.

I'm not worried about the $KLED sell-off because it's simply a delayed reaction to market conditions.

#Launchcoin down 50% from the local high
#KLED down 50% from the local high

It's the same move, just with a lag.

The catalyst was a liquidity rotation after the $DUPE flywheel reveal.

The FUD (which was pretty baseless btw) added some short-term volatility, which is likely not sticky.

I am a buyer here.

So #Launchcoin is now essentially a memecoin, and millions in Believe revenue flows to Nikita and friends?

At least the selling is increasing #Launchcoin revenue.

I recently looked into @NetworkNoya.

They use AI agents to route omnichain liquidity trustlessly with ZKML.
Already live across 10+ chains, 40+ protocols, and 500+ pools.

Right now, they’re running the NOYA Space Race:

- Deposit funds
- Launch strategies
- Refer friends

Earn rewards & early access.

Check it out 👇

#Launchcoin generated ~$700K in fees in the last 24h.

That’s $255M annualized revenue.

With a $190M market cap, the P/S ratio is ~0.75.

For comparison, $HYPE sits at ~42.

Even with the new 70/30 split, the protocol still takes home ~$76M/year — before expenses.

So #Launchcoin now gives insiders a 1-hour notice and insights into how the projects work before they go public.

Could you please not do stuff like this?

@pasternak

Recently, we have seen some amazing pumps in the @believeapp ecosystem.

First $KLED and $BRIX, and today $SUBY.

It's great to see activity is coming back to the trenches and to Believe and
#Launchcoin is holding up pretty well, too.

Is this the second wave for ICM projects?

If you're looking for low caps on @believeapp, check out Metapedia.

We added a button that filters out all projects with less than $100k MC.

The idea is that any project with at least some value should break the $100k barrier.

Only look at 20 projects instead of 200.

I love it.

It's free by the way.

I like $BRIX here — probably breaks out soon.

Hearing rumors the dev is planning a Twitter Spaces.

If he returns with community engagement, $BRIX could follow a similar path to $YAPPER:

> Yapper dev got followed by Marc Andreessen
> Price exploded

Guess who just visited Marc’s office?

The $BRIX dev — and he posted it on Instagram.

If he starts tweeting about stuff like this, the chart might not stay in consolidation for long.

However, we first need reassurance that he will be more active. I am optimistic.

#LAUNCHCOIN back at $160m.

Now I want $BRIX to hit $6m.

#Launchcoin brought net new deployers.

But we still lack net new liquidity.

We need a project that brings traditional VC capital on-chain.

There are 19 projects listed on Metapedia with a higher marketcap than $BRIX.

That number should be under 10.

I don't hold $KLED, but it just flipped $DUNE, and the chart looks like it goes higher.

Biggest winner in the ICM narrative today (and why they pumped):

- $BRIX up 183% now at $1.1m
- #A16ZE up 179% now at $2.3m
- #THERANOS up 95.82% now at $1.5m
- $SANA up 79.58% now at $400k

Let's take a closer look at what happened here 👇

Hey @pasternak,

Why not set up a $KAITO campaign to give back to the community — the ones already talking about and trading Believe projects?

1) Most of the rewards would flow back anyway. These people love gambling on ecosystem tokens.

2) It would boost broader attention, as outside creators start farming the incentives.

3) It helps surface high-conviction projects and bring attention to them — a form of decentralized discovery.

Feels like a win-win.