Is This Dip Worth A Buy? 🤔📉

Have you seen Game of Thrones?

Then you must’ve seen Dire wolves, a breed of white mountain wolves that existed only in the fantasy film.

Today, biotech science has, sort of,  brought them to life.

And—as you may already have guessed—onchain degens have skyrocketed a related memecoin to a $12M valuation!

In Today’s Edition

🌕Market Watch: Remus Rise
🌕Big RWA Energy: Plume, Ripple
🌕Is This Market Dip Worth A Buy
🌕$LIBRA scandal continues

Wall Street’s bouncing back—just not crypto. 

U.S. equities rallied hard yesterday, with the S&P 500 climbing 2% and the QQQ tech index surging nearly 3%, thanks in no small part to a fake Walter Bloomberg headline that magically added $2 trillion to stocks. 

Crypto, meanwhile, barely moved. Bitcoin is hovering around $77,000, Ethereum’s slid to $1,400, and Solana's dipping below $108.

BTC dominance ticked down slightly to 64%, but most altcoins stayed lifeless. 

While a few tokens like FORTH (newly listed on Binance), Aptos (APT), and Hedera (HBAR) showed signs of life—APT gained 5.6%—the broader altcoin market remains bruised. 

Coins like SPX, NIL, and BERA continue their descent, despite high-octane meme favorites like Fartcoin, Buttcoin, and Housecoin maintaining surprising onchain momentum. 

A new entrant, REMUS—a token inspired by a 10,000-year-old dire wolf fossil—clawed its way to a $12 million ATH and is holding around $8 million.

Behind the scenes, however, the fundamentals are growing fuzzier. Developer activity charts are flashing red, suggesting a broader retreat of builders from the space. 

As memecoins dominate user attention, dev engagement appears to be thinning. 

Add in political posturing—Trump threatening new tariffs on China—and the macro narrative is anything but stable.

Still, in the trenches, the degens remain undeterred. A few new contenders like DARK and Fartboy have joined the memecoin fray, and retail is clearly still hungry for volatility. 

Whether fundamentals follow though remains the million-dollar (or $2 trillion?) question.

Real-world assets (RWAs) just notched another win, as two heavyweight moves signal growing institutional confidence in crypto’s onchain finance. 

Apollo Global Management, a $700B asset manager, has made a strategic seven-figure investment into Plume Network, an RWA-focused Layer 2 chain with Ethereum compatibility. 

The move deepens Apollo’s RWA play beyond tokenized securities—marking its first direct investment in a dedicated RWA blockchain.

Plume isn’t your average chain. Co-founder Teddy Pornprinya dubs it an “RWAfi” platform—DeFi infrastructure tailored for tokenized private assets like solar credits, real estate, and equities. 

Its testnet has already logged 18 million wallets, and a mainnet launch is slated for this quarter. 

It’s clear Apollo is not just tossing money—they’re building jointly with Plume, including integrations with ACRED, Apollo’s tokenized private credit platform powered by Securitize.

Recall that $TMAI gave a bullish signal for Plume on March 1, resulting in a 60% pump in 20 days. 

Are you bullish enough to take a trade now?

Meanwhile, Ripple is making waves of its own, acquiring global credit prime broker Hidden Road for $1.25 billion. 

The deal will make Ripple the first crypto firm to own a top-tier prime brokerage.

Ripple plans to integrate its USD-backed stablecoin RLUSD as collateral for trades—positioning RLUSD as an enterprise-grade alternative to Circle’s USDC and Tether’s USDT.

With institutions flexing more muscle in RWA and DeFi, we may be entering a new phase: one where crypto-native infrastructure quietly powers the next generation of traditional finance. 

And if this trend continues, Ripple, like Plume, will also reap big benefits.

The biggest market rout since COVID has investors scanning charts and headlines, wondering whether this is a classic buy-the-dip moment or just the early stages of a deeper downturn. 

But those hoping for a long-awaited altcoin resurgence might want to pump the brakes.

As the geopolitical chess match between the U.S. and China escalates, crypto has been pulled into the macro crossfire.

Risk appetite has evaporated, and altcoins have taken a direct hit. 

According to Kaiko Research, liquidity for the top ten altcoins has dropped by 12%, while Ethereum's market depth has declined 8% since the announcement. That signals a cautious market, with capital retreating to the sidelines.

Initially, some hoped crypto would decouple from macro volatility. No such luck. Bitcoin’s renewed correlation with the S&P 500 and gold says otherwise. 

Still, unlike equities, crypto sentiment hasn’t fully spiraled—yet. CT may be doomposting, but traders are holding out hope. Interestingly, it seems crypto traders aren’t bothered as much.

Is this a dip worth buying? Possibly. If prices continue to slide, this could be a generational entry point. 

But with tariffs still in flux, it’s unclear whether we’re catching a dip… or grabbing a falling knife. 

Either way, buckle up.

That’s all for today, folks.    

Talk Tomorrow,
Your Friend At Token Metrics 💛