Convo price

The Morning Minute (5.1) 'Buy in May and Pray' edition ⏰Top News: -Crypto majors pump, BTC passes $96,000 -Ripple makes $4B-$5B offer to acquire Circle, gets rejected -Solana Policy Institute files with SEC to bring stock trading onchain -Worldcoin officially launches in the US, debuts new Orb Mini -Robinhood beats Q1 revenue estimates thanks to crypto biz 🌎 Macro Crypto and Memes -Crypto majors are very green this morning and bouncing hard off yesterday’s lows; BTC +1% at $96,100, ETH +2% at $1,850, XRP even at 2.23, SOL +3% at $152 -CRV(+11%), S (+9%) and HYPE (+8%) led alts -Robinhood beat Q1 revenue estimates thanks partially to its growing crypto business (HOOD +4% premarket) -Former Binance CEO CZ is assisting countries in establishing crypto strategic reserves, following the U.S. government's creation of its own Bitcoin reserve -Ripple made an offer to acquire USDC issuer Circle for $4-5B, which was declined -The Solana Policy Institute has filed with the SEC to enable equity securities trading on blockchains like Solana -Anthony Pompliano is leveraging his crypto clout to launch a $200M SPAC, aiming to bridge the gap between digital assets and Wall Street -Semler Scientific purchased an additional $15.7M in Bitcoin, bringing its total holdings to 3,467 BTC, valued over $327M -Metaplanet is establishing a Florida-based subsidiary, aiming to raise $250M to expand its BTC acquisitions -Visa introduced stablecoin card issuing products in Latin America, in partnership with Bridge, marking a significant move into crypto payments -Morgan Stanley is working on a plan to launch crypto trading on E*Trade sometime next year -Private credit has emerged as the leading asset class in tokenization, with approximately $12.9 billion on-chain, outpacing tokenized T-bills and commodities -Crypto users have suffered over $1.7B in losses due to hacks and fraud in 2025, exceeding the total losses recorded in 2024 in just 4 months In Memes -Memecoin leaders were slightly green; DOGE +2%, Shiba +1%, PEPE even, TRUMP +2%, BONK even & FARTCOIN +10% -gork was the massive new runner on Solana, seeing $139M volume and reaching a $40M market cap in its debut 💰 Token, Airdrop & Protocol Tracker -Y Combinator-Backed Axiom generated $10M in revenue, 2nd amongst Solana apps; the Axiom trading platform combines Solana memecoins with Hyperliquid perpetuals -Boop dot Fun shared new info, including stakers will get 5% of all new graduated tokens and 60% of fees from LPs; Payment incentives for token launchers, tiered by Kaito mindshare; Airdrop for memecoin power users & traders -Ubisoft introduced a Decentralized Verification Network to enable the migration of crypto game assets across blockchains, in collaboration with LayerZero -Infinex announced Infinex Connect as a new interface to manage apps from inside its Infinex Wallet 🤖 AI x Crypto -Overall market cap rebounded 7% to $9.4B, leaders were mostly green -FARTCOIN (+10%), VIRTUAL (+34%), ai16z (+10%), AIXBT (+20%), and FAI (-1%) -SERAPH (+63%), CONVO (+54%) and SEKOIA (+41%) led notable movers -Fartcoin led mindshare with an 18% share; Virtual & AIXBT are next -Sam Altman's Worldcoin project has officially launched in the U.S., introducing iris-scanning "World Orbs" in cities like Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, and offering new users 16 WLD tokens to scan 🚚 What is happening in NFTs? -ETH NFT leaders are slighty green; Punks +1% at 44 ETH, Pudgy +4% at 11.75, BAYC +1% at 13.69 ETH -Moriusa (+31%) was the notable mover -BTC NFT leaders were slightly red with Taproot Wizards -2% at 0.145 BTC, Bitcoin Puppets -7%, NodeMonkes -3%, OMB -3%, Quantum Cats -4% -Abstract NFTs were mixed, led by Big Pool (+50%) -FIFA's official digital collectibles will soon move to a new EVM-compatible blockchain, leaving Algorand -The Grant Yun SPACES auctions are officially live, with 20 1/1s all in 24 hour auctions ending today

It’s Sunday. AI coins are back with a vengeance. Yet another president (Javier Milei) launched a memecoin & ETH is apparently now “communist!” Some thoughts on the past week: Tokens are Dying The average lifecycle of a new token launch is trending shorter (rapidly). We’ve entered the tik-tok era of crypto. Launch a token to represent whatever fleeting trend or social phenomenon & then dump it when you’re bored. Scroll to the next one. So how do you invest / capture value? Due diligence has never been a more valuable skill in this market. Fundamentals matter more now than ever (thankfully). Another approach is to invest in the platforms that are “birthing” the highest value tokens. Imo this will (eventually) be AI agent protocols. Agent Platforms 2.0 This week we saw @virtuals_io & @arcdotfun agent platforms go live on Solana. While both’s main feature is still “launch an agent token”, I’m excited about how these teams are thinking ahead: - Agent-2-Agent communication & transaction layer (eg Virtual’s CONVO framework) - Enabling a system for agent micro-services These steps set up the foundation for *sustainable* revenue beyond just launch fees. Wouldn’t surprise me if @ai16zdao takes a similar approach with their upcoming tokenomics + ELIZA v2 reveal. Solana taking the AI moat? Virtuals expansion now means the top three Agent protocols reside on Solana. I don’t have any strong opinions on how this plays out but it *seems* like the demand is on Solana for now. Agent market cap dominance has consistently favoured Solana (though it’s usually a small lead) Will be watching to see if this lead expands over next leg up. I don’t get the “Solana is extractive” argument. From what I’m seeing, tools are neutral It’s the users you need to be focusing your attention on. Memes being extractive? What about the people apeing into them? They know the game. The tools are reflecting society’s true intentions at this time. That being said, it sucks. And I think people are finally getting the message: Apeing random shitcoins is net-negative. Think we see a shift back to inspiring innovation soon. We’re almost at peak capitulation on crypto’s future.