Token Metrics Daily Podcast

$ETH: The dump before the pump? 🤔 + Crypto Is Alive ✊🏽

Today's episode analyzes recent price movements, highlighting significant gains in memecoins and AI-related tokens while noting the relatively flat performance of Ethereum and Solana. We also discuss increasing hedge fund short positions on Ethereum futures, potentially indicating a price manipulation strategy or hedging against future declines. Further, we cover the burgeoning interest in crypto ETFs, particularly for altcoins like Cardano, Litecoin, and Dogecoin, alongside growing Bitcoin adoption by American states. Finally, we touch on a Binance-related hack and other market events.