







A) why is the share high? change over the prior 4 weeks (median)
   new coin $ volume:  ON +310%  OFF -37%
   older coin $ volume: ON -9%  OFF +1%
B) does it just come after a pump? prior 4 week top 100 alt move: ON median -5%, OFF +2%
   after a fall (bottom third)  next 4w top 100 alts: ON   -2% (30 weeks)  OFF   -1% ( 83 weeks)  | memes ON   -4% OFF   -3%
   middle third                 next 4w top 100 alts: ON  -15% (34 weeks)  OFF   +1% ( 79 weeks)  | memes ON  -20% OFF   -2%
   after a pump (top third)     next 4w top 100 alts: ON  -12% (21 weeks)  OFF   +9% ( 88 weeks)  | memes ON   -7% OFF   +5%
    1 weeks: ON   -0%  OFF   +1%  gap   -1
    2 weeks: ON   -4%  OFF   +1%  gap   -6
    4 weeks: ON   -8%  OFF   +3%  gap  -11
    8 weeks: ON  -15%  OFF   +3%  gap  -19
   12 weeks: ON  -17%  OFF   +1%  gap  -18
   26 weeks: ON  -23%  OFF   -3%  gap  -20
D) the first ON week of each run (a fresh switch on) vs staying on
   switch on weeks 42: next 4w alts -4%, memes -6% | still on weeks 43: alts -11%, memes -20%
E) what are the new coins in ON weeks? share of new coin volume that is meme tagged, and the biggest names
   2020-21 bull       ON weeks 17 | meme share of new coin volume   0% | most often top new coins: CRV(4), SUSHI(4), UNI(4), COMP(3), SUN(3), SAND(2), DOT(2), GRT(2)
   2021-22 top+bear   ON weeks 16 | meme share of new coin volume   0% | most often top new coins: GMT(4), APE(4), APT(4), ENS(3), ALPINE(3), CRA(2), PEX(2), HFT(2)
   2023-24 bull       ON weeks 28 | meme share of new coin volume   1% | most often top new coins: ARB(4), BLUR(3), CGPT(3), EDU(3), CYBER(3), SEI(3), MANTA(3), BOME(3)
   2025-26 chop       ON weeks 24 | meme share of new coin volume   2% | most often top new coins: TRUMP(3), AVNT(3), ZKC(3), LISA(3), B2(2), 0G(2), AOP(2), COAI(2)
F) does BTC itself fall? next 4w BTC: ON -0.2%, OFF +3.0%; top 10 alts ON -2.5%, OFF +2.7%
