In the ever-shifting world of meme tokens, spotting early signals of momentum can make all the difference. A recent post from crypto data enthusiast Chyan on X highlights $TIBBIR as the frontrunner in 24-hour netflows among AI tokens on the Base blockchain. According to data from Nansen AI, $TIBBIR clocked in at number one with a positive netflow of $76K, largely thanks to a whopping $559.8K influx from fresh wallets. This kind of activity stands out, especially in a market that's been feeling a bit sluggish lately.
Netflows, for those new to the term, refer to the net movement of funds into or out of a token over a specific period—in this case, the difference between buys and sells on decentralized exchanges (DEXs). A positive netflow like this suggests growing interest and potential upward pressure on the price.
Looking closer at the top buyers in the last 24 hours, we see some serious commitments:
- A single $45.7K purchase via a trading bot.
- Back-to-back buys of $36.2K, $30.9K, and $30.2K, showing high conviction from investors.
- Over 25 wallets each dropping between $10K and $45K into the token.
Chyan's readout points to smart money mostly sitting on the sidelines, but the real story here is the persistent demand from fresh wallets and whales stepping in during a dip. He specifically calls out @ribbita2012 for demonstrating solid bid depth, which means there's strong support ready to buy at lower prices, potentially stabilizing or pushing the token higher.
For meme token enthusiasts on Base, this could signal $TIBBIR as one to watch. Base, built as a layer-2 scaling solution on Ethereum, has become a hotbed for meme coins due to its low fees and fast transactions. AI-themed tokens add another layer, blending hype around artificial intelligence with the viral nature of memes.
If you're diving into meme tokens, tools like Nansen can help track these flows in real-time, giving you an edge in spotting trends before they explode. Check out the original tweet for more context, and keep an eye on $TIBBIR—fresh wallet activity like this often precedes bigger moves in the crypto space.
Stay tuned to Meme Insider for more updates on emerging tokens and blockchain insights.