Daily Degen
May 13, 2025

Meme Mania, Eigen Engines & ETHFI Elevation

This week’s crypto flow is one part meme mayhem, one part infrastructure innovation, and all parts quietly bullish. Examine the power behind BABYDOGE’s bark, ETHFI’s climb, and the automation wave sweeping the market.

Memecoins like BABYDOGE and MOODENG surged amid a quiet Bitcoin backdrop, while ETHFI and EIGEN demonstrated sustained demand tied to restaking narratives. Social signals point to a growing appetite for infrastructure tokens and passive accumulation strategies.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
NEIRO (53.35%), ETHFI (30.48%), MOODENG (26.92%), BABYDOGE (20.72%), EIGEN (20.54%)
Today's Top Losers:
Top 7-Day Losers:
BORG (-3.04%), SAROS (-2.11%), DEXE (-1.72%), BTSE (-1.69%), ZKJ (-1.68%)

Altcoin Carousel: Memes Fly, Infra Climbs

This week’s chart-topping action was headlined by a spicy mix of meme and infrastructure tokens staging double-digit rallies, with the top five gainers reading like a split-screen of absurd and sophisticated.

NEIRO, launching 53.35% into orbit, remained an enigma on the surface but was heavily speculated to be riding increased cross-chain chatter and early DEX listings. ETHFI surged 30.48%, piggybacking on EigenLayer’s persistent buzz around restaking — a sector that continues to flex despite the sideways price action of ETH itself. MOODENG (up 26.92%) roared into the spotlight, likely boosted by meta-community synergy with MOOD and $ENG narratives.

And yes, BABYDOGE barked again, soaring 20.72% and proving once again that no meme is too old to wag the tail of retail euphoria. Rounding out the list was EIGEN (+20.54%), still thriving post-token generation event as staking demand ramps among DeFi-native whales.

Bitcoin: Calm Before the Crescendo?

Bitcoin itself appears to be in the eye of a particularly tranquil storm, holding ground around psychological support levels. Social sentiment paints a picture of quiet bullishness, with recurring mantras like “DCA and chill” reverberating through crypto Twitter.

A retweet from Bitcoin Magazine caught fire this week: “#Bitcoin is a self-fulfilling prophecy.” That mood sums it up—participants seemingly know the wave is coming, they’re just not sure when. A notable tweet from April 23 advised, “quietly DCA using our Accumulator bot and chill,” which feels eerily on point as engagement wanes but wallets fill.

Big Bot Energy: Market Automation Boom

Quadency, now rebranded as Quad Terminal, slid several updates under the radar this month. Highlights include live support for Hyperliquid perps and incoming integration with Kucoin Futures. Bot activity across platforms has spiked, with sentiment suggesting most traders are slipping into automation mode while the market bakes.

Combine that with the April announcement of Copy Trader capabilities — where traders can mirror wallets of high performers — and you have an increasingly passive yet effective trading dynamic emerging among mid-cap DeFi nerds.

Meme Coins: Still Kicking, Still Cooking

Despite earlier speculation they’d run out of steam, meme tokens got a boost from social virality and a comedic upward drift. One tweet simply said “Smells like FARTCOIN szn 💨” and — lo and behold — Fartcoin and similar assets saw modest traction from Solana-native traders. There’s little fundamental to chew on, but the cultural capital is undeniable.

Also, Solana saw a minor narrative win this week, primarily due to meme coin chatter via @FartCoinOfSol and lingering meme tailwinds giving the Solana ecosystem a “use-case” nudge — however tongue-in-cheek.

Losers Drift in a Lull, Not a Plunge

The red zone wasn't drenched in blood but had some low-key faders. BORG led the loser board, down -3.04%, followed by SAROS (-2.11%), DEXE (-1.72%), BTSE (-1.69%), and ZKJ (-1.68%). Notably, none of these demonstrated any panic-level drawdowns—suggesting a rotation of capital into more narrative-led plays rather than market-wide flight risk.

The common thread? Most of these tokens reside outside the dominant memes or restaking hype channels. In this market, if you’re not trending, you’re bleeding softly.

The Sentiment Shift: “Easy Mode” Resumes

This past week, traders began returning to their DMs and Discords with that familiar sense of optimism — not mania, but the kind that precedes a bigger move. The dopamine rush of prior cycles feels oddly absent, replaced instead by talk of bots, compounding yields, and quiet stacking.

The community vibe? One tweet captured it succinctly: “Easy mode.” That’s the phrase floating through Telegram groups and bot-testing channels. Accumulators are ticking, restakers are locking, meme traders are smirking — the band is tuning before the show.

Infra-Narratives vs. Meme-Cycles

The split between utility-first gains and vibe-driven rallies is once again widening. ETHFI and EIGEN’s rise offers validation for the infra faithful betting on restaking, validator modularity, and passive rewards. On the flip side, BABYDOGE and MOODENG demand we acknowledge the enduring power of culture and community coherence in crypto value storytelling.

One doesn’t cancel the other out — savvy traders seem to be playing both hands.

What’s Next?

Watch ETHFI. Its price action looks healthily organic, and any Ethereum Layer 2 rally will provide tailwinds. Meanwhile, the emoji-heavy corners of Twitter are eyeing lesser-known meme tokens for rotational pumps now that larger caps are topping short-term charts.

Smart money may continue indexing into infrastructure tokens while farming the occasional giggle-to-riches meme bet. Don’t be surprised to see more partnerships, listings, and roadmap releases next week attempting to ride the current semi-bullish inertia.

Altcoin Carousel: Memes Fly, Infra Climbs

This week’s chart-topping action was headlined by a spicy mix of meme and infrastructure tokens staging double-digit rallies, with the top five gainers reading like a split-screen of absurd and sophisticated.

NEIRO, launching 53.35% into orbit, remained an enigma on the surface but was heavily speculated to be riding increased cross-chain chatter and early DEX listings. ETHFI surged 30.48%, piggybacking on EigenLayer’s persistent buzz around restaking — a sector that continues to flex despite the sideways price action of ETH itself. MOODENG (up 26.92%) roared into the spotlight, likely boosted by meta-community synergy with MOOD and $ENG narratives.

And yes, BABYDOGE barked again, soaring 20.72% and proving once again that no meme is too old to wag the tail of retail euphoria. Rounding out the list was EIGEN (+20.54%), still thriving post-token generation event as staking demand ramps among DeFi-native whales.

Bitcoin: Calm Before the Crescendo?

Bitcoin itself appears to be in the eye of a particularly tranquil storm, holding ground around psychological support levels. Social sentiment paints a picture of quiet bullishness, with recurring mantras like “DCA and chill” reverberating through crypto Twitter.

A retweet from Bitcoin Magazine caught fire this week: “#Bitcoin is a self-fulfilling prophecy.” That mood sums it up—participants seemingly know the wave is coming, they’re just not sure when. A notable tweet from April 23 advised, “quietly DCA using our Accumulator bot and chill,” which feels eerily on point as engagement wanes but wallets fill.

Big Bot Energy: Market Automation Boom

Quadency, now rebranded as Quad Terminal, slid several updates under the radar this month. Highlights include live support for Hyperliquid perps and incoming integration with Kucoin Futures. Bot activity across platforms has spiked, with sentiment suggesting most traders are slipping into automation mode while the market bakes.

Combine that with the April announcement of Copy Trader capabilities — where traders can mirror wallets of high performers — and you have an increasingly passive yet effective trading dynamic emerging among mid-cap DeFi nerds.

Meme Coins: Still Kicking, Still Cooking

Despite earlier speculation they’d run out of steam, meme tokens got a boost from social virality and a comedic upward drift. One tweet simply said “Smells like FARTCOIN szn 💨” and — lo and behold — Fartcoin and similar assets saw modest traction from Solana-native traders. There’s little fundamental to chew on, but the cultural capital is undeniable.

Also, Solana saw a minor narrative win this week, primarily due to meme coin chatter via @FartCoinOfSol and lingering meme tailwinds giving the Solana ecosystem a “use-case” nudge — however tongue-in-cheek.

Losers Drift in a Lull, Not a Plunge

The red zone wasn't drenched in blood but had some low-key faders. BORG led the loser board, down -3.04%, followed by SAROS (-2.11%), DEXE (-1.72%), BTSE (-1.69%), and ZKJ (-1.68%). Notably, none of these demonstrated any panic-level drawdowns—suggesting a rotation of capital into more narrative-led plays rather than market-wide flight risk.

The common thread? Most of these tokens reside outside the dominant memes or restaking hype channels. In this market, if you’re not trending, you’re bleeding softly.

The Sentiment Shift: “Easy Mode” Resumes

This past week, traders began returning to their DMs and Discords with that familiar sense of optimism — not mania, but the kind that precedes a bigger move. The dopamine rush of prior cycles feels oddly absent, replaced instead by talk of bots, compounding yields, and quiet stacking.

The community vibe? One tweet captured it succinctly: “Easy mode.” That’s the phrase floating through Telegram groups and bot-testing channels. Accumulators are ticking, restakers are locking, meme traders are smirking — the band is tuning before the show.

Infra-Narratives vs. Meme-Cycles

The split between utility-first gains and vibe-driven rallies is once again widening. ETHFI and EIGEN’s rise offers validation for the infra faithful betting on restaking, validator modularity, and passive rewards. On the flip side, BABYDOGE and MOODENG demand we acknowledge the enduring power of culture and community coherence in crypto value storytelling.

One doesn’t cancel the other out — savvy traders seem to be playing both hands.

What’s Next?

Watch ETHFI. Its price action looks healthily organic, and any Ethereum Layer 2 rally will provide tailwinds. Meanwhile, the emoji-heavy corners of Twitter are eyeing lesser-known meme tokens for rotational pumps now that larger caps are topping short-term charts.

Smart money may continue indexing into infrastructure tokens while farming the occasional giggle-to-riches meme bet. Don’t be surprised to see more partnerships, listings, and roadmap releases next week attempting to ride the current semi-bullish inertia.

Newsworthy

ETHFI and EIGEN gaining traction validates restaking as more than a temporary hypewave. The sustained attention paired with real tech rollouts positions these as potential long-game tokens, not just flavor-of-the-week flyers.

Pro-Tip:

Don’t get distracted by surface-level hype—track infrastructure token volume on-chain and monitor bot deployment rates across major perps platforms like Kucoin and Hyperliquid. There’s signal in the silence.

Be sure to join us on Telegram, Discord and Twitter!

Quad Terminal simplifies crypto portfolio management by unifying digital asset exchanges into a seamless, all-in-one platform. Traders and investors of all skill levels can access automated bot strategies and a comprehensive 360° portfolio view. Create your free account here!


Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

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