Todays Top Stories

Editor: @PhoenixxDown

The Bull Run is Over, Long Live the Bull Market

Our weekly X Space was yet another barnstormer where listeners got exactly what we aim for: coming away from it informed and equipped to make the best decisions in this turbulent and volatile market.

Before we recount what happened there, after you’ve finished listening back to the replay of XO Weekly #13, go straight over to Landy’s Friday Wrap-Up which was streamed later on in the day:

We once again kicked things off with market analysis from that man himself, Landy, who gave us the latest macro outlook along with some sage advice for both traders and long-term investors alike.

“The bull run is over, but the bull market is not,” Landy said at one stage, which hit hard. Yes, the "run" may have ended or at least slowed down, but the broader bull market has not by a long shot.

Landy also reminded anyone feeling shaky that “you are holding the greatest possible asset” in Bitcoin, a sentiment echoed by our other resident market expert, Null, who dove deep into his own analysis, even sharing a few dates he’s personally watching.

A reminder to go follow Null, if you haven’t already, for analysis like the post below:

Incidentally, about five minutes before we went live, Rik G, our OG of OGs, tipped XOs off that a new OdinFun-style platform had just launched. The timing couldn’t have been worse for those of us juggling setup duties, but somehow we pulled it off.

We managed to navigate FunkyBit live on air, make a few buys, and share our thoughts in real-time. Hopefully those of you listening followed along as our buys ended up coming good! All praise to Rik!

FunkyBit has caught serious attention since launch, with the first token to bond, Funky Monkey, currently sitting at around $1M market cap, higher than some older OG Runes. Other notable bonded tokens that have done well include Misa Always Bullish and FunkyDog.

As we discussed on the Space, will this be the end of OdinFun? Highly unlikely. And for those selling off OdinDog completely, it may not be the smartest move. Keeping exposure to both OdinFun and FunkyBit until the picture becomes clearer feels like the better play.

So, if you were listening to XO Weekly live yesterday and had your computer in front of you, you had every chance to tail us and make some profit.

Are you going to miss next week’s? Of course not, that’d be insane.

Top Posts | We think Magic Eden bout to drop us some $ME again on the 17th:

Top Posts | Is the end of bricks on Magic Eden nigh?!

Top Posts | SatoshiAI is back and he has a message for the Runes community:

Top Posts | Moonstone are coming…. but what are they?

Top Posts | All the attention is on Runes, but the BRC-20 market is making strides also:

Daily Bites: Today’s Top Articles

Todays Markets

Ordinals

They’re starting to believe again!

All are winners today in the top 10 — some more than others — with the biggest gain coming from Bitcoin Wizards, up 38%. Not far behind are Based Angels, climbing 34%.

NodeMonkes and Bitcoin Puppets are neck and neck once again, just as they’ve been for what feels like forever. The big question is who pulls away once we return to the levels we saw last year. Sentiment seems pretty evenly split on that one.

Lunatics have made a storming recovery, and it’s well deserved after the effort the founder put in to support the community during the mint issues. They’ve pushed past the elusive 0.001 BTC mark, but can they hold above it?

Runes

Another insane day logged for Runes. If you were buying the past few weeks, you’re buzzing right now.

If you weren’t, you’re probably buzzing anyway, we haven’t seen this kind of action since last year!

$MIM is now almost halfway to $DOG’s market cap. For context, that gap was a 4.5x difference just earlier this week. Is DOG due for a bounce?

Also worth noting: $BILLY has gone from a $5M market cap just 10 or so days ago to $20M now. A clean 4x (so far) if you were smart enough to catch that low.

We’re seeing people start to hunt for undervalued gems, and today an old classic popped up: $CATS is up 120%.

In 10th place is $OOZY, up 195%. Bit of a surprise that one, considering it’s been quiet for a while. What’s next? Are we finally going to see the resurrection of some of the dead Runes in our wallets? PLEASE!

OdinFun is taking a backseat today, with all the attention squarely on Magic Eden and the launch of FunkyBit. The sell-off on OdinDog wasn’t too bad all things considered, only down 0.1% since yesterday, which is basically nothing.

But OdinFun does suffer from a serious lack of quality tertiary coins. OdinGold doesn’t exactly spark… anything. OdinApe is a stain (yes, I said it) on that chart that just won’t come off. And OdinCat hasn’t lived up to the role of beta to OdinDog it once was.

Tough times for OdinFun, but if anyone can rise to the challenge, it’s Bob. The competition will bring the best out of him, no doubt.

The first full day of FunkyBit trading is in the books, and here’s what the top 5 native tokens look like.

Funky Monkey is the clear leader, and it even came close to flipping $BRO at one point earlier today.

The battle for second place is a bit more open, with a few names in the mix. No strong frontrunners just yet. Bit of exposure to all of them might not be a bad shout.

Todays Opportunities

Giveaways

There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.