Heat transfer
Capital conducts like heat. When Bitcoin radiates and memes absorb, the cycle is late. NFT floors, Runes, Ordinals, and prediction books are the side plates — they take heat last and dump it first.
Attention tape
66.1
Interest · 0–100+19.8% vs prior
Each plate counts its own room. Memes: total ticker, tweet, and search volume of the meme meta. NFTs: mentions of each collection. Not one blended crowd.
X mentions
74
Google search
48
YouTube
67
Each plate counts its own room. Memes: total ticker, tweet, and search volume of the meme meta. NFTs: mentions of each collection. Not one blended crowd.
Loudest names
Phase breadth
Bitcoin
1 · +0.4%
Ether
1 · +0.4%
Layer 1
18 · +0.7%
DeFi
8 · +1.8%
Meme
104 · +4.9%
Infra
3 · -0.4%
NFT
52 · -0.2%
Runes
24 · +2.9%
Ordinals
21 · -1.1%
Predict
60 · +1.7%
Other
49 · +1.7%
Conduction
Energy is volume times signed 24h change. Negative plates radiate; positive plates absorb. Late-cycle flow from Bitcoin into memes is the classic heat leak.
Bitcoin
35
Share of print 66% · 1 assets
Ether
32
Share of print 12% · 1 assets
Layer 1
32
Share of print 14% · 18 assets
DeFi
36
Share of print 2% · 8 assets
Meme
32
Share of print 1% · 104 assets
Infra
28
Share of print 0% · 3 assets
NFT
33
Share of print 1% · 52 assets
Runes
43
Share of print 0% · 24 assets
Ordinals
35
Share of print 0% · 21 assets
Predict
35
Share of print 0% · 60 assets
Other
35
Share of print 5% · 49 assets