👀 Did x402 Start New AI Altseason?

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Welcome back, fomo chasers.

Even though the broader market is still somewhat clunky, it appears that the best fomo users are profitable even when the market is set to hardcore difficulty. Fortunately, we can see exactly what they’re up to, so let’s get into it.

Contrary to last week, the action is happening on all three chains, as evidenced by the 7-day inflows being in the green on both Solana and BNB chains, as well as Base.

Base became the standout the past week, with higher inflows than Solana and the BNB chain. This is likely because Base has become the central hub of the new x402 meta, so I’m expecting this trend to continue this week.

If you want to jump straight to the x402 picks, proceed to the sections below. First, let’s quickly explain what this fuss is all about.

Simply put, x402 is a new standard that enables AI agents to process crypto payments directly inside an HTTP request. Previously, AI agents were unable to access content and APIs: payments on sites were typically gated, for example, by KYC, or there was a need for user registration/subscription. None of that’s needed now with x402.

This unlocks a plethora of new use cases, such as:

Lastly, here are some handy Dune dashboards for you to track x402 activity and gauge whether or not this meta is still alive and kicking:

If you were with us last week, you surely remember SEDA.

This oracle project for the HIP-3 ecosystem caught a large amount of hype since, as investors realize every HIP-3 market will continuously burn the supply of SEDA:

Another higher cap that caught my eye here is EDGE, with fomo traders already noticing the admittedly inviting-looking entry.

Important note here: EDGE recently surpassed Zora in revenue, and is second only behind Clanker (more on this one below):

Last week, we mentioned Alon might be up to something. Although the PUMP airdrop is nowhere to be found yet, some of the mentioned Pumpfolio picks are starting to gain traction.

I’m mainly taking note of:

Besides memes, fomo traders are preparing (or already enjoying) gains in many other interesting low caps.

The ones that caught my attention are:

All of these are available for you on the fomo app. The trending section is buzzing!

Here we go, starting with the CLANKER trade by Andy. Absolute banger. Clanker is the most hyped up launchpad on Base currently,

The fomo trader jotagezin is becoming my go-to for tracking big trades.

Last week, he proved with PumpFun Pepe that top blasting into strength might not be a bad idea after all (don’t try this at home):

Another weekly banger is this KLED trade by FrankDeGods.

I’m seeing a lot of hype around this one, which makes me think KLED is not only here to stay, but will appreciate further (not financial advice):

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 👀

Lastly, please take a moment to vote below to help us out!

Also, reply to this email and let us know if you think the bull run is over or not. Your feedback is greatly appreciated!