Market Vybe #8
The bottom is nigh
👉Weekly Recap
Bitcoin, crypto and the broader financial markets might’ve just kissed the floor, and there’s a stack of clues pointing to it. Let’s break it down:
Bitcoin’s CME Gap Fills
Bitcoin’s been playing gap-fill bingo, and it just knocked off a big one. That CME futures gap from November 10, 2024 (around $77,930-$80,600), finally closed with last Tuesday’s (March 11th) dip to $76,600. Historically, these gaps act like magnets—price loves to revisit them. With this one filled, some traders see it as a “reset” signal, paving the way for a potential bounce.
The DXY is Falling
A falling DXY (U.S. Dollar Index) is generally positive for risk assets because it indicates a weaker U.S. dollar, which can make dollar-denominated assets more attractive to foreign investors. Additionally, a weaker dollar often signals expectations of looser monetary policy or economic slowdown, which can encourage risk-taking behavior in the markets.
Global Liquidity is RISING
Global M2 represents the total liquid money supply across major economies, including cash, checking deposits, savings.. etc. Recently, it has been leading Bitcoin’s price by about three months, which makes sense: as people gain more liquidity, some of it naturally flows into higher-risk investments.
Rate Cuts on the Horizon
The Fed’s FOMC meeting on March 19 has everyone’s attention. Falling inflation (February’s CPI came in at 2.8%) and a shaky jobs report could expedite cutting rates. Futures data from CME’s FedWatch tool shows the markets pricing in no-change in March, however odds of a May quarter point rate cut are up to 20%. Powell speech on Wednesday should provide more clarity and give investors the confidence they need to deploy capital.
SOLANA NEWS
On March 17th, the CME Group launched Solana futures trading, introducing both micro (25 SOL) and standard (500 SOL) contracts. This marks another significant milestone in Solana’s path towards institutional adoption.
Vybe is sponsoring the [REDACTED] hackathon. Participants will compete across 4 main tracks: Analytics, Monitoring, Forensics & Security. To learn more about how you can compete for the Vybe bounty, please connect with us on Telegram here: Vybe Telegram
Last week we launched VybeSOL, a first of it’s kind Solana LST built on Sanctum. In addition to offering a juicy 8%+ APY, we’re introducing a stake-to-access model where holders can unlock high powered analytics and trading tools. The full rollout is scheduled for mid April, but you can stake your SOL today to start earning yield. And we’ve got some surprises for the early birds!
Solana releases ad for the ‘Accelerate Solana’ convention.. and then quickly deletes it due to online backlash. We’ll let you decide for yourself on this one.
On March 16th, 2025, Solana turned 5 years old! We are still so, so early.
👉 Alpha of the Week
This week, we’d like to highlight a crypto memecoin launchpad that takes a unique approach.
The project is called Distribute and memecoins launched there have buy and sell taxes, with the resulting SOL proceeds getting shared among token holders. It has quickly gained traction, having launched 198 projects so far and distributing a total of 9,462 SOL.
Additionally, a portion of the fees from these coins is returned to holders of Distribute’s native token.
It’s currently up 165% in the past 7 days. It’s uncertain whether these “dividend coins” will stick around, but it’s refreshing to see a change-up from the usual run-of-the-mill memecoins.
What is Jelly Jelly and why is it up 340% this week?!
Jelly Jelly was launched by Venmo co-founder Iqram Magdon-Ismail and early Venmo investor Sam Lessin.
The Jelly Jelly app is an AI-powered platform for recording video chats or podcasts, auto-clipping them into shareable snippets. In their most recent townhall, they announced some major upgrades & patches, including adding tipping and other content creation incentives.
The token launched on Pumpfun in late January and quickly shot up to $250M before crashing down to $6M (-98%). It’s now building back momentum as its started to deliver on some promises.
👉 Vybe Announcements
This week we’ve launched a new API endpoint - Wallets PnL’s!
This new endpoint includes:
Win Rate, Realized/Unrealized PnL
Biggest Wins & Losses (token-level breakdowns)
Per-Token Metrics: Buys, sells, volume, and more
This was a highly demanded endpoint requested by our Vybe API users. Wallets PnL endpoint is perfect for:
Building trader dashboards
Tax tools & portfolio trackers
Spotting alpha in wallets
Copy trading and more…
To learn more head to our docs here or connect with us on Telegram
