GM, frens. It’s looking bleak, doesn't it? (until you check out the gains fomo users are once again achieving.

The situation between the USA and Iran is all that everyone talks about right now. That, and the fact that BTC is probably about to test the lows.

Nevertheless, there is always hope, and in this case, it touches what we’re all here for: altcoins. For our precious hidden gems to pump like we are used to, we need BTC dominance to head lower. And, it currently looks like it will.

I don’t mean to freak you out with this tweet; on the other hand, I think this is exactly why the war drums will get at least a little quieter soon. The fact that this situation spans across so many factors makes me think no one really wants to go that far.

Plus, the BTC monthly is now green! Wohou (for now). All in all, I would say there is a mean reversion coming sooner or later. This downtrend was brutal, fast (and furious). As we know, there is always a green phase, even during the nastiest of downtrends.

Let’s see, now it’s time actually to look at the positives: the coins on fomo.

Oh, and here’s your favorite chain flows report for the past week, so that you know where to look for action:

And to top it all off, fomo is now sponsoring the “Risk On” podcast, which airs twice a week on Tuesdays and Fridays at 12 pm EST. Be sure to follow them on X, and don't forget to use this link for a 10% discount on trading fees.

Hyperliquid

Once again, Hyperliquid is absolutely dominating the market. Except for the fees (of course), it’s the least affected by all the drama and constant FUD posting we see on X.

Plus, there’s now an official HYPE ETF coming. This one is no joke, but (in my opinion, not financial advice) one of the very few altcoins worth holding long term, not just trading.

LayerZero

ZRO is also one of the few looking not like it’s going straight to zro (pun intended), but it's actually attempting to create an accumulation range.

Considering it was hit by a huge unlock just last week, I would say it’s holding up pretty well. Maybe because LayerZero is a project connecting basically all of the chains (yes, even Cardano is on the list now) and working as a critical infrastructure layer?

As always, keep track of the majors in the “most held” section directly inside the fomo app.

KLED

KLED token is hitting the current meta perfectly, which is undoubtedly AI, but it’s still in the midst of a pullback. Considering KLED was valued at over $50M market cap just a few months ago, the bottoming range might be worth noting and focusing on going forward.

Let’s see if some of the best traders on fomo pick up KLED eventually, which might be a sign (more on those in the next section).

If you want to know more, KLED was actually featured in a recent Guardian article.

NOOK

At first glance, NOOK looks like your typical microcap coin. Looking deeper, though, we can actually see a thesis behind this one (besides the chart looking very nice at the moment).

Once again, NOOK falls in the AI category, specifically being a tool that coordinates all other LLMs (AIs) into a unified toolbox, an intelligence using all of the intelligence, if that makes sense.

If you want, read the full NOOK thesis from our fomo user Tommmy here.

Collector’s Crypt

This one got featured a few weeks ago, but I think, during this time of re-acummulation, it’s worth keeping an eye on, as both the RWA and collectibles trends are still on the upside despite the bear market.

As always, the top trending picks will rotate, so keep your eyes peeled on the fomo trending coins tab!

Astao1’s Claude (continuation?)

This one is still in a downtrend, but it features a great account to follow and a project worth keeping an eye on in case of an upwards reversal.

CLAWD is an AI agent automatically building apps and toolings for Base, and from what I've seen so far, it might be one of those that are here to stay. And you know what that means once the market decides it’s time to flip green. Not financial advice, just a note to take and an account to follow!

Pinguchart’s PUNCH continued winning

As many of you experienced trenchers know very well, most of the memes/projects have one run and then die.

Punch seems profitable for traders even after the first mega run, and here's a very nice example. If a higher low forms on Punch, other fomo accounts are likely to join in. Let’s see!

Naturally, the top trade ranks will flip around as the week progresses. If you wish to stay on track, download fomo and keep your eyes peeled 👀

Make sure to join our vibrant community over on Discord or Telegram. After all, there’s nothing worse than being left out of the conversation and missing out on what everyone is buying.

And if you’re curious to learn more about fomo, check out our website.

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