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![parcifap_defi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1613906317156167683.png) Parcifap [@parcifap_defi](/creator/twitter/parcifap_defi) on x 26.7K followers
Created: 2025-06-27 10:09:42 UTC

#CLANKER is about to release v4

Big on-chain wallets are quietly accumulating before the release.

Here’s a deep look into why and what’s ahead 👇

—

WHAT IS CLANKER?

Clanker is a protocol for launching tokens, either through its platform or @farcaster_xyz

At first glance, it’s similar to @pumpdotfun

But the Base ecosystem has different dynamics:

Token launches often center around existing products or communities

Projects like $BNKR, $I, and $NOICE gained traction through user engagement, not just memes

> > In this context, @clankeronbase acts more as infrastructure than a consumer app

—

KEY METRICS (via Dune):

· $30.4M total protocol fees
· $3.07B in cumulative trading volume
· ~7M daily volume (variable)
· ~500,000 tokens launched

In protocol rankings:

- 6th by fee generation
- 1st by FDV among comparable projects

FDV/revenue ratio is ~1: significantly lower than Aerodrome (8.4) or Virtuals (15+)

If compared directly to @pumpdotfun $4B FDV, Clanker trades at a 133x discount

—

LIMITED TO FARCASTER?

That’s a common concern, but may not be the full picture

While Farcaster users helped drive early adoption, Clanker wasn’t built exclusively for it

It functions independently, and teams from Farcaster simply chose to build and launch there

This suggests potential beyond its current niche, especially as Base matures

—

INSIDER & SMART WALLETS ACTIVITY

Wallet data shows steady accumulation in the current range, likely in anticipation of v4

X. 0x3c716d252b53891753de883894ff29a9ebee0f54 : ~$555K
Blocktower Capital, purchased via Flowdesk around X months ago, likely at the time of listing news. Currently sitting at a loss.

X. 0x72b5bdfd3aaf3e3d683f296d3e54f537dd4c5f88 : ~$581K
Large withdrawals from Coinbase slightly over a month ago (at current prices).

X. 0x1f7e7d799f48664064fcfd3ebc4ad16bd364866e : ~$581K
Also withdrawals from Coinbase, based on today’s market prices.

X. 0x916be95459f406ed8a8a4b4b957c6c0d349d523f : ~$360K
Major buys via a third-party wallet around a month ago (current prices).

X. 0xf2043109af60d2e1e9a0321fd8d6ec1f28baa727 : ~$265K
Large purchases since the start of the month. Identified as a smart trader on Nansen.

X. 0xbfaa278d37420da2cda6650d867a575cf667ef4d : ~$218K
Strong buying activity X days ago.

X. 0х343e41a92c43ad45583b3e69ca651e2415849b57 : ~$208K
Smart trader according to Nansen, bought from the market and moved to this address.

X. 0xed690255353f1492f4796840cade78115b4bbb4b : ~$129K
Another smart trader who bought and then transferred to this address.

X. 0xd3e0341b361134014e0c89378b3e36bc5020cd97 : ~$89K
Gradual withdrawals from Crypto,com

XX. 0xaeab53157dc9b0eb7b0f931ece270ece5da087b0 : ~$81K
Large buys over the past XX hours.

>> Currently, the $CLANKER token has no utility, but v4 is expected to change that with:

- Revenue sharing mechanisms
- Uniswap v4 hook integrations
- MEV protection
- Transparent fee structures

Details:

—

BROADER ECOSYSTEM INTEGRATION

Clanker has been mentioned in the context of @CoinbaseWallet and future Base-native integrations. This could bring:

- Additional liquidity
- App-level visibility
- Distribution through larger channels

The team is also exploring deeper roles in app infrastructure, not just token deployment.

—

SENTIMENT CHECK

- Some prominent accounts are discussing valuation gaps.
- Founders have commented on goals to make Clanker a Base-wide standard.
- Recent activity is subdued, likely due to v4 anticipation.
- No major headlines, but attention seems to be returning.

—

CATALYSTS TO WATCH

- v4 Launch: likely within weeks

- @coinbase DEX integration: already announced

- Ecosystem traction, tools and platforms built on Clanker, including:
- G8keep (anti-sniper tooling)
- (Pumpfun alternative)
- TinyLabs (agent tokenization)

> These suggest growing utility beyond the core product.

—

CONCLUSION

Clanker is in a unique position: high revenue, low valuation, and a maturing ecosystem.

Its next phase hinges on execution, particularly around v4 and integrations.

Speculation aside, it’s one of the clearer Base-native infra plays with measurable traction.

For those watching Base beyond the memecoin cycle, it’s worth keeping on the radar.

![](https://pbs.twimg.com/media/GucS9cAWIAAqOEL.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1938540234087579798/c:line.svg)

**Related Topics**
[clanker clanker](/topic/clanker-clanker)
[token](/topic/token)
[coins base ecosystem](/topic/coins-base-ecosystem)
[pumpdotfun](/topic/pumpdotfun)
[protocol](/topic/protocol)
[coins wallets](/topic/coins-wallets)
[onchain](/topic/onchain)

[Post Link](https://x.com/parcifap_defi/status/1938540234087579798)