18 days ago
Daily Memecoin Recap - November 15
We got a decent amount of $10m + runners, but lots of pvp today
Mascot Meta
$lester -> hit $197m , litecoin mascot
$phil -> hit $23 .4m, binance mascot
$cupsey -> hit $21 .5m, pumpdotfun mascot
$clark -> hit $10m , coinbase mascot
$chatty -> hit $9 .1m, ChatGPTapp mascot
$bibi -> hit $2 .6m, tweet from 2018 of binance tweeting a coin/mascot
$blocky -> hit $2 .5m, okx mascot
$poly -> hit $2m , 0xPolygon mascot
- Litecoin started the mascot meta
- A bunch of companies are now coming up with their own mascots
Phantom Deployed A Coin?
#kendrook -> hit $7 .5m
- Someone did research going through a video made by phantom founder BChillman
Bitcoin Mascots
$bitcat -> hit $90m , Bitcoin mascot, greg16676935420 replied
$alpaca -> hit $14 .2m, old bitcoin mascot from 2011
$bitdog -> hit $6 .8m, $bitcat beta
#bitrhino -> hit $4m
Hasbulla Joins Memes
$barsik -> hit $103m , Hasbulla's cat
- hasbulla_main, continues to push his coin
Elon's New Podcast
$ @doge -> hit $37m , DOGE, Elon tweeted
#dogecast -> hit $33m
- Dogecast is a new podcast featuring VivekGRamaswamy and elonmusk
Mike Tyson vs Jake Paul
$tyson -> hit $5 .5m
$fight -> hit $4 .6m
#mikeass -> hit $3 .5m, MikeTyson goes viral after pantless in an interview
NYC Dog Mayor
$bert -> hit $185m , crashed to $12m (currently at $70m )
$simon -> hit $25m , Simon beat Bert to become the mayor for the next 2 years
Moo Deng Wants A Billion
#moodeng -> $282m to $703m (2.5x)
Animals
#charlie -> hit $15m
$bella -> hit $6 .1m, dog meme
$vibe -> hit $4m , vibe cat, OG meme, has been done multiple times
$nibsy -> hit $1 .3m, cat meme
Pnut Betas
#cheyenne -> hit $41m , first animal in $pnut 's freedom farm
#babypnut -> hit $23m
#pepnut -> hit $3 .5m, $pepe + $pnut
$tunp -> hit $1 .7m, pnut backwards
Artificial Intelligence
$goat -> hit $1 .2b, ATH
#zerebro -> hit $265m
$ava -> hit $90m , AI agent for storytelling, good tech
$rex -> hit $41m , moonshotdotcc launch, $800k + in LP Rewards
$aika -> hit $19 .6m
More Cooks
$maneki -> hit $130m , idrawline pushing
$arie -> hit $19m
$maxx -> hit $7 .4m
#malicious -> hit $5 .3m
How much are you up/down this week?
We got a decent amount of $10m + runners, but lots of pvp today
Mascot Meta
$lester -> hit $197m , litecoin mascot
$phil -> hit $23 .4m, binance mascot
$cupsey -> hit $21 .5m, pumpdotfun mascot
$clark -> hit $10m , coinbase mascot
$chatty -> hit $9 .1m, ChatGPTapp mascot
$bibi -> hit $2 .6m, tweet from 2018 of binance tweeting a coin/mascot
$blocky -> hit $2 .5m, okx mascot
$poly -> hit $2m , 0xPolygon mascot
- Litecoin started the mascot meta
- A bunch of companies are now coming up with their own mascots
Phantom Deployed A Coin?
#kendrook -> hit $7 .5m
- Someone did research going through a video made by phantom founder BChillman
Bitcoin Mascots
$bitcat -> hit $90m , Bitcoin mascot, greg16676935420 replied
$alpaca -> hit $14 .2m, old bitcoin mascot from 2011
$bitdog -> hit $6 .8m, $bitcat beta
#bitrhino -> hit $4m
Hasbulla Joins Memes
$barsik -> hit $103m , Hasbulla's cat
- hasbulla_main, continues to push his coin
Elon's New Podcast
$ @doge -> hit $37m , DOGE, Elon tweeted
#dogecast -> hit $33m
- Dogecast is a new podcast featuring VivekGRamaswamy and elonmusk
Mike Tyson vs Jake Paul
$tyson -> hit $5 .5m
$fight -> hit $4 .6m
#mikeass -> hit $3 .5m, MikeTyson goes viral after pantless in an interview
NYC Dog Mayor
$bert -> hit $185m , crashed to $12m (currently at $70m )
$simon -> hit $25m , Simon beat Bert to become the mayor for the next 2 years
Moo Deng Wants A Billion
#moodeng -> $282m to $703m (2.5x)
Animals
#charlie -> hit $15m
$bella -> hit $6 .1m, dog meme
$vibe -> hit $4m , vibe cat, OG meme, has been done multiple times
$nibsy -> hit $1 .3m, cat meme
Pnut Betas
#cheyenne -> hit $41m , first animal in $pnut 's freedom farm
#babypnut -> hit $23m
#pepnut -> hit $3 .5m, $pepe + $pnut
$tunp -> hit $1 .7m, pnut backwards
Artificial Intelligence
$goat -> hit $1 .2b, ATH
#zerebro -> hit $265m
$ava -> hit $90m , AI agent for storytelling, good tech
$rex -> hit $41m , moonshotdotcc launch, $800k + in LP Rewards
$aika -> hit $19 .6m
More Cooks
$maneki -> hit $130m , idrawline pushing
$arie -> hit $19m
$maxx -> hit $7 .4m
#malicious -> hit $5 .3m
How much are you up/down this week?
20 days ago
You can now easily and securely buy $PIU from X thanks to Solana blinks !
Check https://x.com/piuOnSolana/...
Check https://x.com/piuOnSolana/...
21 days ago
Daily Memecoin Recap - November 13
Two days in a row where we get pump fun coins over $1b
Monkey Stolen By Police
$jorgie -> $7m to $18m (2.6x)
Free Shayne Coplan
$🦅 -> $41m
- shayne_coplan CEO of polymarket
- elonmusk replied to a tweet and supports the movement
PNUT TO BILLIONS
$pnut -> $900m to $2 .4b (2.7x), second pumpdotfun
coin to $1b
$OPK -> $48m , peanut beta based on an image as a Star Wars character
$betch -> $12 .8m, another peanut deriv
$sugar -> $6 .7m, a squirrel following the animal and squirrel meta from PNUT's attention
$thumb -> $5m , peanut's best friend
#babypnut -> $4 .58m
$jill -> $1 .8m, peanut's girlfriend
$bambam -> $1 .1m, peanut's brother according to the peanut IG page
#babyfred -> $668k
$bop -> $317k , book of peanut
- $PNUT becomes the fastest memecoin to a billion market cap
First PNUT Dev Coin
$vermin -> $7k to $532k (76x), claims to be the first token deployed by the $PNUT dev -> CTO’d
Elon Meta
$banana -> $16m to $60m (3.8x), continues to cook as the SpaceX meme gains attention and volume
$sink -> $287k to $4m (14x)
$vivek -> $4m , from the announcement that he will be the head of D.O.G.E
#babydoge -> $691k , a deriv of the Department of Government Efficiency
High Volume
$luce -> $116m to $310m (2.7x), the cult growsas people speculate an upcoming binance
listing
$ban -> $102m to $255m (2.5x)
$if -> $267k to $3 .2m (12x)
Animal Memes Continue To Cook
$bert -> $1 .7m to $56m (33x), the Pomeranian capitalizing on the animal meta
#petunia -> $5 .5m to $30m (5.4x), viral asf
$shrub -> $4 .6m to $21m (4.5x), Elon’s hedgehog
$solito -> $68k to $1 .4m (20.6x)
$maya -> $12m
$teddy -> $4m
#cricket -> $2 .8m
$odin -> $2m
Artificial Intelligence
$act -> $518m to $884m (1.7x)
#shoggoth -> $29m to $94m (3.24x)
$ret -> $158k to $2 .39m (15.1x), token launched by an AI-powered robot dog
$obot -> $20 .2m, oxyz
AI CEO requested to have her own memecoin
$upg -> $3 .1m
$spence -> $2 .8m
$actiii -> $718k , $ACT beta
$circe -> $525k
$acta -> $342k
More Cooks
$cedar -> $218k to $10 .4m (47.7x), CTO
$merlin -> $5k to $2 .6m (520x), miracle goldfish in the animal meta
#USÐ -> $1m , united states doge
$boggle -> $2 .7m
$hoj -> $1 .4m
$chief -> $1 .2m
$void -> $701k
#pnut2 .0 -> $450k
Amazing volume, multiple metas emerging
This pic is me after I collect the best AI memes
Two days in a row where we get pump fun coins over $1b
Monkey Stolen By Police
$jorgie -> $7m to $18m (2.6x)
Free Shayne Coplan
$🦅 -> $41m
- shayne_coplan CEO of polymarket
- elonmusk replied to a tweet and supports the movement
PNUT TO BILLIONS
$pnut -> $900m to $2 .4b (2.7x), second pumpdotfun
coin to $1b
$OPK -> $48m , peanut beta based on an image as a Star Wars character
$betch -> $12 .8m, another peanut deriv
$sugar -> $6 .7m, a squirrel following the animal and squirrel meta from PNUT's attention
$thumb -> $5m , peanut's best friend
#babypnut -> $4 .58m
$jill -> $1 .8m, peanut's girlfriend
$bambam -> $1 .1m, peanut's brother according to the peanut IG page
#babyfred -> $668k
$bop -> $317k , book of peanut
- $PNUT becomes the fastest memecoin to a billion market cap
First PNUT Dev Coin
$vermin -> $7k to $532k (76x), claims to be the first token deployed by the $PNUT dev -> CTO’d
Elon Meta
$banana -> $16m to $60m (3.8x), continues to cook as the SpaceX meme gains attention and volume
$sink -> $287k to $4m (14x)
$vivek -> $4m , from the announcement that he will be the head of D.O.G.E
#babydoge -> $691k , a deriv of the Department of Government Efficiency
High Volume
$luce -> $116m to $310m (2.7x), the cult growsas people speculate an upcoming binance
listing
$ban -> $102m to $255m (2.5x)
$if -> $267k to $3 .2m (12x)
Animal Memes Continue To Cook
$bert -> $1 .7m to $56m (33x), the Pomeranian capitalizing on the animal meta
#petunia -> $5 .5m to $30m (5.4x), viral asf
$shrub -> $4 .6m to $21m (4.5x), Elon’s hedgehog
$solito -> $68k to $1 .4m (20.6x)
$maya -> $12m
$teddy -> $4m
#cricket -> $2 .8m
$odin -> $2m
Artificial Intelligence
$act -> $518m to $884m (1.7x)
#shoggoth -> $29m to $94m (3.24x)
$ret -> $158k to $2 .39m (15.1x), token launched by an AI-powered robot dog
$obot -> $20 .2m, oxyz
AI CEO requested to have her own memecoin
$upg -> $3 .1m
$spence -> $2 .8m
$actiii -> $718k , $ACT beta
$circe -> $525k
$acta -> $342k
More Cooks
$cedar -> $218k to $10 .4m (47.7x), CTO
$merlin -> $5k to $2 .6m (520x), miracle goldfish in the animal meta
#USÐ -> $1m , united states doge
$boggle -> $2 .7m
$hoj -> $1 .4m
$chief -> $1 .2m
$void -> $701k
#pnut2 .0 -> $450k
Amazing volume, multiple metas emerging
This pic is me after I collect the best AI memes
29 days ago
New Doug the Duck episode is now out!
S01E10 - The Penguin and the Dragon
See who is Doug's new sensei that will teach him the art of balance.
S01E10 - The Penguin and the Dragon
See who is Doug's new sensei that will teach him the art of balance.
1 month ago
Daily Memecoin Recap - October 21
Amazing volume, AI meta continues to lead
Terminal Of Fun
$fun -> hit $15m
- Claiming to be an AI bot that analyzes tokens and trades accordingly
- Dev rugged multiple times, people think it's a larp
Glif Founder - An AI company
$slop -> hit $50m , AI generated art
$wmm -> hit $4 .29m, fabianstelzer
created an LLM that creates medieval illustrations
#strawberry -> hit $2 .64m, fabianstelzer tweet
$glif -> hit $2 .39m, First AI sandbox
Look Comes Back To Life
$look -> $662k to $8 .3m (12.5x), Look bro...
- Viral meme
- Soft shilled by Ansem & Murad
Terminal Of Truths
#fartcoin -> hit $50m , truth_terminal tweet
$catgf -> hit $10m
$cp -> hit $1 .7m, truth terminal's first meme
#goerner -> hit $355k , truth_terminal tweet
- Controversy over $goat after truth_terminal made a typo & people are saying it's suspicious cause AI never makes typos
Top Artificial Intelligence Cooks
$shegen -> $174k to $19 .2m (110x), AI with daddy issues
#terminal -> $5m to $15 .5m (3.1x), AI KOL
$gmika -> $877k to $10m (11.4x)
$omega -> $167k to $5m (29.9x)
$act -> hit $52m , Act 1: The AI Prophecy
#shoggoth -> hit $45m , octopus-like creature symbolizes AI
$kiri -> hit $22m
$wotf -> hit $17 .5m
$janet -> hit $13 .9m, NeuralJanet
pushed this one on $eth
$nussi -> hit $6m , dev burned $180k +
$enki -> hit $4m
More AI
$wibwob -> hit $2 .69m
$burzen -> hit $2 .67m
$01 -> hit $1 .91m, binary language, 0's and 1's
#attention -> hit $1 .66m, based on a paper that revolutionized AI
$solm -> hit $1 .45m, AI application
#remiliai -> hit $630k , Remilio AI
$ggc -> hit $430k , golden gate claude
Insider Play
$kwif -> $20k to $6m (300x), kitten wif hat
- Has been dead since April
- Wants to run a space for 1 week straight
More Cooks
$fubb -> hit $5 .3m, good art
#p5js -> hit $1 .53m
$iwo -> hit $823k , illuminati
$llm -> hit $556k , Limited Language Model
$ct -> hit $320k , conspiracy theory
A lot of these "AI agents" are just larps
How do you feel about the AI meta?
Amazing volume, AI meta continues to lead
Terminal Of Fun
$fun -> hit $15m
- Claiming to be an AI bot that analyzes tokens and trades accordingly
- Dev rugged multiple times, people think it's a larp
Glif Founder - An AI company
$slop -> hit $50m , AI generated art
$wmm -> hit $4 .29m, fabianstelzer
created an LLM that creates medieval illustrations
#strawberry -> hit $2 .64m, fabianstelzer tweet
$glif -> hit $2 .39m, First AI sandbox
Look Comes Back To Life
$look -> $662k to $8 .3m (12.5x), Look bro...
- Viral meme
- Soft shilled by Ansem & Murad
Terminal Of Truths
#fartcoin -> hit $50m , truth_terminal tweet
$catgf -> hit $10m
$cp -> hit $1 .7m, truth terminal's first meme
#goerner -> hit $355k , truth_terminal tweet
- Controversy over $goat after truth_terminal made a typo & people are saying it's suspicious cause AI never makes typos
Top Artificial Intelligence Cooks
$shegen -> $174k to $19 .2m (110x), AI with daddy issues
#terminal -> $5m to $15 .5m (3.1x), AI KOL
$gmika -> $877k to $10m (11.4x)
$omega -> $167k to $5m (29.9x)
$act -> hit $52m , Act 1: The AI Prophecy
#shoggoth -> hit $45m , octopus-like creature symbolizes AI
$kiri -> hit $22m
$wotf -> hit $17 .5m
$janet -> hit $13 .9m, NeuralJanet
pushed this one on $eth
$nussi -> hit $6m , dev burned $180k +
$enki -> hit $4m
More AI
$wibwob -> hit $2 .69m
$burzen -> hit $2 .67m
$01 -> hit $1 .91m, binary language, 0's and 1's
#attention -> hit $1 .66m, based on a paper that revolutionized AI
$solm -> hit $1 .45m, AI application
#remiliai -> hit $630k , Remilio AI
$ggc -> hit $430k , golden gate claude
Insider Play
$kwif -> $20k to $6m (300x), kitten wif hat
- Has been dead since April
- Wants to run a space for 1 week straight
More Cooks
$fubb -> hit $5 .3m, good art
#p5js -> hit $1 .53m
$iwo -> hit $823k , illuminati
$llm -> hit $556k , Limited Language Model
$ct -> hit $320k , conspiracy theory
A lot of these "AI agents" are just larps
How do you feel about the AI meta?
1 month ago
(E)
CertiK is Web3's leading smart contract auditor and provides a comprehensive suite of tools to secure the industry at scale.
Certik— Airdrop Answers to questions about the quest Certik
Guide in Teletype https://teletype.in/olesc... #SnoopDogg #Solana #crypto #SOL #Blockchain #coinmarketcap #USDT #HashCEX #SoundCloud #Ethereum #TRON #BinanceSmartChain #retardio
Certik— Airdrop Answers to questions about the quest Certik
Guide in Teletype https://teletype.in/olesc... #SnoopDogg #Solana #crypto #SOL #Blockchain #coinmarketcap #USDT #HashCEX #SoundCloud #Ethereum #TRON #BinanceSmartChain #retardio
2 months ago
🎁 How do giveaways work on BullVerse?
• A known or mystery prize 🎉 is attached to the giveaway.
Example: 10 SOL
• A minimum bid amount 💰 is set by the creator.
Example: 0.01 SOL
• Users must place bids to get a chance to win 🎯.
• The highest bidder 🏆 wins the prize.
• All bid payments 💸 go to the giveaway creator.
• Sniping protection ⏳ is in place! The giveaway’s end time gets extended for a few minutes if a last-minute bid is submitted.
• $BULL and partner tokens can be set as prizes 🎁.
When creating a giveaway, the creator processes a transaction 🔐 to lock the prize and ensure the winner gets paid.
Only on BullVerse! 🚀
• A known or mystery prize 🎉 is attached to the giveaway.
Example: 10 SOL
• A minimum bid amount 💰 is set by the creator.
Example: 0.01 SOL
• Users must place bids to get a chance to win 🎯.
• The highest bidder 🏆 wins the prize.
• All bid payments 💸 go to the giveaway creator.
• Sniping protection ⏳ is in place! The giveaway’s end time gets extended for a few minutes if a last-minute bid is submitted.
• $BULL and partner tokens can be set as prizes 🎁.
When creating a giveaway, the creator processes a transaction 🔐 to lock the prize and ensure the winner gets paid.
Only on BullVerse! 🚀
2 months ago
🚀 #POPDOG is coming to HashCEX!
We’re excited to announce that POPDOG will be listed on HashCEX!
- Deposit: 25th October at 3 PM UTC
- Trading for POPDOG /USDT starts on 25th October at 3 PM UTC
Contract Address (Solana): EATGZHJViJsk7nEKkrdJicwNbfpkJfAtmrEmrjXR8NBj
👉 Follow POPDOG:
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...)
👉 Check it out on Website: https://popdog-coin.com
#HashCEX #POPDOG #USDT #crypto #Blockchain #coinmarketcap #SOL #Solana
We’re excited to announce that POPDOG will be listed on HashCEX!
- Deposit: 25th October at 3 PM UTC
- Trading for POPDOG /USDT starts on 25th October at 3 PM UTC
Contract Address (Solana): EATGZHJViJsk7nEKkrdJicwNbfpkJfAtmrEmrjXR8NBj
👉 Follow POPDOG:
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...)
👉 Check it out on Website: https://popdog-coin.com
#HashCEX #POPDOG #USDT #crypto #Blockchain #coinmarketcap #SOL #Solana
2 months ago
2 months ago
🚨 $19 billion in settlements paid by crypto companies to US regulators in 2024.
FTX and Alameda are responsible for most of the funds, with $12 .7 billion paid to the CFTC in an August settlement.
Since 2019, nearly $32 billion in settlements have been collected by regulators from 25 crypto companies.
FTX and Alameda are responsible for most of the funds, with $12 .7 billion paid to the CFTC in an August settlement.
Since 2019, nearly $32 billion in settlements have been collected by regulators from 25 crypto companies.
2 months ago
🚨 Global liquidity is increasing, meaning that major central banks are starting to inject money into the global financial system.
👉 This influx of liquidity is important because it increases interest in risky assets, notably #Bitcoin and #cryptomonnaies .
👉 Historically, when there is an increase in overall liquidity, investors tend to place their money in more volatile assets, such as #Bitcoin .
👉 As in 2013, 2017 and 2020, an increase in overall liquidity coincided with the #BullRuns .
It is clear that global liquidity levels play a crucial role. Sure, there are 4-year cycles related to halving and elections, but the market is primarily driven by global liquidity.
It’s all connected. 🔗
💰 Halving + Elections + Rising Global Liquidity = BullRun. 🚀
👉 This influx of liquidity is important because it increases interest in risky assets, notably #Bitcoin and #cryptomonnaies .
👉 Historically, when there is an increase in overall liquidity, investors tend to place their money in more volatile assets, such as #Bitcoin .
👉 As in 2013, 2017 and 2020, an increase in overall liquidity coincided with the #BullRuns .
It is clear that global liquidity levels play a crucial role. Sure, there are 4-year cycles related to halving and elections, but the market is primarily driven by global liquidity.
It’s all connected. 🔗
💰 Halving + Elections + Rising Global Liquidity = BullRun. 🚀
2 months ago
🔎 The community reveals disturbing elements that could suggest that Peter Todd is a potential candidate to be the creator of Bitcoin 👇
➡️ A message posted by Peter Todd in 2001 when he was just 15 years old:
https://lists.ibiblio.org/...
➡️ A message posted by Peter Todd in 2001 when he was just 15 years old:
https://lists.ibiblio.org/...
2 months ago
🚨 Nick Szabo overtakes Len Sassaman as Polymarket favorite to reveal Satoshi Nakamoto's identity in HBO documentary.
This comes after the documentary's producer said he confronted who he believes to be Satoshi Nakamoto in person, immediately ruling out Lens Sassaman, who died in 2011.
This comes after the documentary's producer said he confronted who he believes to be Satoshi Nakamoto in person, immediately ruling out Lens Sassaman, who died in 2011.
2 months ago
Based Rollups
What are they, why do they exist, and which projects are already making waves?
A 101 explainer 👇
==================================
Scaling #Ethereum has been one of the most discussed challenges in crypto.
To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.
They're bringing more users and value to Ethereum, however, concerns remain about their reliance on centralized sequencers and liquidity fragmentation across chains.
This is where based rollups come in. They integrate more closely with Ethereum's infrastructure, helping retain value within the ecosystem. This new method of building rollups could bring additional value to Ethereum and $ETH .
What are Based rollups?
Based rollups, or L1-sequenced rollups, are a type of rollup where the base L1 chain, like Ethereum, manages transaction sequencing directly.
Unlike traditional rollups that rely on their own sequencers, based rollups tap into the security, liveness, and decentralization of the L1 by outsourcing transaction sequencing to the L1’s infrastructure. This infrastructure includes proposers, searchers, builders, and other actors who permissionlessly include based rollup blocks in L1 blocks.
How do Based rollups work?
Based rollups use the L1 for consensus, data availability, and settlement layers, while handling execution independently. For instance, when Ethereum is the base L1, the key layers of based rollups are as follows:
1. Execution Layer — Managed by the rollup itself, where transactions are executed off-chain.
2. Consensus Layer — Relies on Ethereum validators to sequence transactions.
3. Data Availability Layer — Uses Ethereum as the DA layer to ensure that transaction data is available for validation by anyone.
4. Settlement Layer — Also part of Ethereum, where final transaction states of the rollup are recorded.
Based rollups use Ethereum for everything from ordering transactions to settling them. While this approach may not seem radically different from traditional rollups, it fundamentally shifts how sequencing is handled. Instead of relying solely on separate sequencers, based rollups leverage Ethereum itself for transaction sequencing.
Why based rollups?
As Justin Drake outlined in his original post, based rollups are worth your attention for several reasons:
1. Inherited Liveness and Decentralization — One of the key advantages of based rollups is their ability to inherit the liveness guarantees of the base L1 chain. As long as the L1 is operational, so is the rollup.
2. Economic Alignment with L1 — The economic model of based rollups creates a mutually beneficial relationship with the L1. Priority fees and MEV from these rollups naturally flows to the L1. This synergy doesn’t just add value to the base layer, it also boosts the legitimacy and brand awareness of the rollups themselves, thanks to Ethereum’s community.
3. Cost Efficiency — Outsourcing sequencing to Ethereum reduces development costs, accelerates time to market, and lowers user costs (especially at scale) for based rollups.
However, based rollups have trade-offs. They sacrifice some profitability by relying on Ethereum for sequencing, missing out on priority fees and MEV. Additionally, they contend with Ethereum's inherent challenges, such as slow block times, which can cause latency issues.
There's a real debate that these changes might compromise the simplicity and security that initially made based rollups appealing.
What are they, why do they exist, and which projects are already making waves?
A 101 explainer 👇
==================================
Scaling #Ethereum has been one of the most discussed challenges in crypto.
To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.
They're bringing more users and value to Ethereum, however, concerns remain about their reliance on centralized sequencers and liquidity fragmentation across chains.
This is where based rollups come in. They integrate more closely with Ethereum's infrastructure, helping retain value within the ecosystem. This new method of building rollups could bring additional value to Ethereum and $ETH .
What are Based rollups?
Based rollups, or L1-sequenced rollups, are a type of rollup where the base L1 chain, like Ethereum, manages transaction sequencing directly.
Unlike traditional rollups that rely on their own sequencers, based rollups tap into the security, liveness, and decentralization of the L1 by outsourcing transaction sequencing to the L1’s infrastructure. This infrastructure includes proposers, searchers, builders, and other actors who permissionlessly include based rollup blocks in L1 blocks.
How do Based rollups work?
Based rollups use the L1 for consensus, data availability, and settlement layers, while handling execution independently. For instance, when Ethereum is the base L1, the key layers of based rollups are as follows:
1. Execution Layer — Managed by the rollup itself, where transactions are executed off-chain.
2. Consensus Layer — Relies on Ethereum validators to sequence transactions.
3. Data Availability Layer — Uses Ethereum as the DA layer to ensure that transaction data is available for validation by anyone.
4. Settlement Layer — Also part of Ethereum, where final transaction states of the rollup are recorded.
Based rollups use Ethereum for everything from ordering transactions to settling them. While this approach may not seem radically different from traditional rollups, it fundamentally shifts how sequencing is handled. Instead of relying solely on separate sequencers, based rollups leverage Ethereum itself for transaction sequencing.
Why based rollups?
As Justin Drake outlined in his original post, based rollups are worth your attention for several reasons:
1. Inherited Liveness and Decentralization — One of the key advantages of based rollups is their ability to inherit the liveness guarantees of the base L1 chain. As long as the L1 is operational, so is the rollup.
2. Economic Alignment with L1 — The economic model of based rollups creates a mutually beneficial relationship with the L1. Priority fees and MEV from these rollups naturally flows to the L1. This synergy doesn’t just add value to the base layer, it also boosts the legitimacy and brand awareness of the rollups themselves, thanks to Ethereum’s community.
3. Cost Efficiency — Outsourcing sequencing to Ethereum reduces development costs, accelerates time to market, and lowers user costs (especially at scale) for based rollups.
However, based rollups have trade-offs. They sacrifice some profitability by relying on Ethereum for sequencing, missing out on priority fees and MEV. Additionally, they contend with Ethereum's inherent challenges, such as slow block times, which can cause latency issues.
There's a real debate that these changes might compromise the simplicity and security that initially made based rollups appealing.
2 months ago
In April 2024 an elderly victim from the US was targeted by Indian call scammers posing as Coinbase support resulting in a large portion of their life savings stolen.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
2 months ago
🇦🇪 UAE eliminates taxes on all crypto transactions.
The UAE Federal Tax Authority (FTA) has announced a review of the country's VAT rules.
The new rules include exemptions for the management of investment funds, the transfer and conversion of virtual assets.
These exemptions will be applied retroactively from January 1, 2018.
The UAE Federal Tax Authority (FTA) has announced a review of the country's VAT rules.
The new rules include exemptions for the management of investment funds, the transfer and conversion of virtual assets.
These exemptions will be applied retroactively from January 1, 2018.
2 months ago
10 years ago, on October 6, 2014, the first stablecoin was launched.
Called Realcoin, the first tokens were issued on the Omni overlay of the Bitcoin network.
Now called #Tether (USDT), over 120 billion tokens are in circulation and the company generated more profits than BlackRock in 2023!
Tether generates its yield from U.S. Treasuries, which the company holds more of than some countries, such as Germany.
Called Realcoin, the first tokens were issued on the Omni overlay of the Bitcoin network.
Now called #Tether (USDT), over 120 billion tokens are in circulation and the company generated more profits than BlackRock in 2023!
Tether generates its yield from U.S. Treasuries, which the company holds more of than some countries, such as Germany.
2 months ago
(E)
💬 “Markets historically always move in the opposite direction to crowd expectations.”
Bitcoin bull run unlikely as long as social sentiment is too high, Santiment says.
There are currently 1.8 bullish posts about Bitcoin for every 1 bearish post
https://x.com/santimentfee...
Bitcoin bull run unlikely as long as social sentiment is too high, Santiment says.
There are currently 1.8 bullish posts about Bitcoin for every 1 bearish post
https://x.com/santimentfee...
2 months ago
📆 It has been 1051 days since the global crypto marketcap peaked on November 15, 2021.
The longest decline in the overall crypto market cap lasted 1,106 days in 2013.
It lasted 1,096 days from January 7, 2018 to January 7, 2021.
The longest decline in the overall crypto market cap lasted 1,106 days in 2013.
It lasted 1,096 days from January 7, 2018 to January 7, 2021.
2 months ago
Drift Protocol, a rising star in the Solana DeFi space, has secured a $25 million Series B funding round led by crypto venture firm Multicoin Capital. This significant investment follows Drift's series of strategic moves to capture a larger share of the diverse DeFi derivatives market and will fuel an ambitious expansion of its team.
Drift's recent launch of BET on DRIFT, a prediction market built on Solana ahead of the US elections, has garnered considerable attention. Within just one week of launch, Drift flipped PolyMarket in 24-hour volume on August 28th, 2024, signaling a strong user response and a potential shift in the prediction market landscape.
The platform's rapid growth, with $388 million in total value locked (TVL) and a series of successful product launches, has attracted significant investor interest. While details of the latest funding round remain unclear, it is believed to be a private token sale, given Drift's existing $DRIFT token launched in May 2024.
Multicoin Capital's Managing Partner, Kyle Samani, confirmed the private nature of the funding round in a tweet posted a few days before the official announcement. He expressed strong confidence in Drift's potential: "We have been analyzing DeFi derivatives pretty seriously since 2019-2020, and we believe that Drift Protocol is the best positioned protocol to capture that opportunity. We led multiple private rounds and have been buying on the public market since the token launched in May."
The Drift token $DRIFT has surged by 77% in the past 30 days, currently trading at.73 at press time.
Drift's Journey: From Seed to Series B and Beyond
Drift's journey to this point has been marked by steady growth and strategic fundraising. The platform raised $3 .8 million in a seed round in 2021, followed by a $23 .5 million Series A round in May 2023. This latest funding round brings Drift's total funding to an impressive $52 .5 million, positioning it for further expansion and innovation.
Fueling Growth: Doubling the Team
With this fresh injection of capital, Drift is set to embark on an aggressive growth trajectory. The company plans to double its headcount from 25 to 50 within the next year. This expansion will bolster Drift's capabilities across various fronts, including engineering, product development, marketing, and business development.
With fresh capital and a growing user base, Drift is well-positioned to execute its ambitious roadmap. The platform plans to expand its suite of financial services tools, enhance its cross-margin functionality, and further develop its prediction market offerings.
Drift's recent launch of BET on DRIFT, a prediction market built on Solana ahead of the US elections, has garnered considerable attention. Within just one week of launch, Drift flipped PolyMarket in 24-hour volume on August 28th, 2024, signaling a strong user response and a potential shift in the prediction market landscape.
The platform's rapid growth, with $388 million in total value locked (TVL) and a series of successful product launches, has attracted significant investor interest. While details of the latest funding round remain unclear, it is believed to be a private token sale, given Drift's existing $DRIFT token launched in May 2024.
Multicoin Capital's Managing Partner, Kyle Samani, confirmed the private nature of the funding round in a tweet posted a few days before the official announcement. He expressed strong confidence in Drift's potential: "We have been analyzing DeFi derivatives pretty seriously since 2019-2020, and we believe that Drift Protocol is the best positioned protocol to capture that opportunity. We led multiple private rounds and have been buying on the public market since the token launched in May."
The Drift token $DRIFT has surged by 77% in the past 30 days, currently trading at.73 at press time.
Drift's Journey: From Seed to Series B and Beyond
Drift's journey to this point has been marked by steady growth and strategic fundraising. The platform raised $3 .8 million in a seed round in 2021, followed by a $23 .5 million Series A round in May 2023. This latest funding round brings Drift's total funding to an impressive $52 .5 million, positioning it for further expansion and innovation.
Fueling Growth: Doubling the Team
With this fresh injection of capital, Drift is set to embark on an aggressive growth trajectory. The company plans to double its headcount from 25 to 50 within the next year. This expansion will bolster Drift's capabilities across various fronts, including engineering, product development, marketing, and business development.
With fresh capital and a growing user base, Drift is well-positioned to execute its ambitious roadmap. The platform plans to expand its suite of financial services tools, enhance its cross-margin functionality, and further develop its prediction market offerings.
3 months ago
Daily Memecoin Recap - September 17
Moo Deng is proof that sometimes all you need is a little bit of conviction
Neiro Pushes Over $350m !
$neiro -> $142m to $377m (2.65x)
- CTO version that was listed on binance
- The volume this has been getting since being listed is insane
- From $15m to $377m in 2 days (25x)
Moo Deng Is King
$moodeng -> $5 .5m to $22 .35m (4x)
$mood -> hit $369k
- Super viral cute baby hippo
- This guy is literally everywhere, all over social media
-
X posted a meme about Moo Deng
Phantom's New Mascot
$ghosti -> hit $526k , not actually launched by phantom
Neiro Related Coins
$neiro -> $7 .4m to $17 .15m (2.31x), $sol version
$rintaro -> $400k to $3m (7.5x), $neiro 's twin brother
$mugi -> hit $256k , $doge 's brother, CTO
More Cooks
$ball -> $907k to $2 .57m (2.83x), "Ball Up Top", viral meme, great price action
$pe -> $223k to $1 .01m (4.5x), " Half of $pepe "
$nft -> hit $684k , "Non Fungible Trump"
$ato -> hit $350k , "Avocato", decent art
$chimpy -> hit $294k , pushed by KOLs, good art
$sachi -> hit $271k , moonshotdotcc launch
$ick -> hit $205k , gen z meme
$blindsight -> hit $188k , CTO
$kek -> hit $140k , CTO
$toby -> hit $125k , frog meme, CTO
The S&P hit a new all-time-high today
Keep an eye on FOMC tomorrow for the interest rate decision 👀
Moo Deng is proof that sometimes all you need is a little bit of conviction
Neiro Pushes Over $350m !
$neiro -> $142m to $377m (2.65x)
- CTO version that was listed on binance
- The volume this has been getting since being listed is insane
- From $15m to $377m in 2 days (25x)
Moo Deng Is King
$moodeng -> $5 .5m to $22 .35m (4x)
$mood -> hit $369k
- Super viral cute baby hippo
- This guy is literally everywhere, all over social media
-
X posted a meme about Moo Deng
Phantom's New Mascot
$ghosti -> hit $526k , not actually launched by phantom
Neiro Related Coins
$neiro -> $7 .4m to $17 .15m (2.31x), $sol version
$rintaro -> $400k to $3m (7.5x), $neiro 's twin brother
$mugi -> hit $256k , $doge 's brother, CTO
More Cooks
$ball -> $907k to $2 .57m (2.83x), "Ball Up Top", viral meme, great price action
$pe -> $223k to $1 .01m (4.5x), " Half of $pepe "
$nft -> hit $684k , "Non Fungible Trump"
$ato -> hit $350k , "Avocato", decent art
$chimpy -> hit $294k , pushed by KOLs, good art
$sachi -> hit $271k , moonshotdotcc launch
$ick -> hit $205k , gen z meme
$blindsight -> hit $188k , CTO
$kek -> hit $140k , CTO
$toby -> hit $125k , frog meme, CTO
The S&P hit a new all-time-high today
Keep an eye on FOMC tomorrow for the interest rate decision 👀
3 months ago
🚨 The $1 .5 million CryptoPunks 2386 just sold for just $23 ,000 in a stroke of genius.
To put this into context, you should know that this CryptoPunk was split into 10,000 ERC20 tokens on 09/26/2020, and distributed among 257 holders, via a platform now out of service called Niftex.
Indeed, this NFT being very rare, it had been split in order to become more affordable and to allow everyone to own a part of a Punks.
But with the platform closed, it became difficult to sell or buy a fragment of this Punk.
However, the smart contract linked to the NFT remained valid on the blockchain, and an individual activated a buyback feature to ultimately take possession of the NFT for a fraction of its current value.
"Any shareholder can propose a buyout price, and if no one counters, he can buy the asset after 14 days."
So the offer was 0.001 ETH per share, or 10 ETH for the 10,000 shares. And the countdown that almost no one could see began.
After the 14 days, the individual got his hands on the NFT for a pittance.
Developer 0xQuit calls the operation the "theft of the century."
To put this into context, you should know that this CryptoPunk was split into 10,000 ERC20 tokens on 09/26/2020, and distributed among 257 holders, via a platform now out of service called Niftex.
Indeed, this NFT being very rare, it had been split in order to become more affordable and to allow everyone to own a part of a Punks.
But with the platform closed, it became difficult to sell or buy a fragment of this Punk.
However, the smart contract linked to the NFT remained valid on the blockchain, and an individual activated a buyback feature to ultimately take possession of the NFT for a fraction of its current value.
"Any shareholder can propose a buyout price, and if no one counters, he can buy the asset after 14 days."
So the offer was 0.001 ETH per share, or 10 ETH for the 10,000 shares. And the countdown that almost no one could see began.
After the 14 days, the individual got his hands on the NFT for a pittance.
Developer 0xQuit calls the operation the "theft of the century."
3 months ago
(E)
What is Hana Network?
Hana Network is a blockchain platform that integrates with EigenLayer and Babylon to enhance security and functionality. It allows users to stake assets on EigenLayer and Babylon while taking advantage of their advanced security protocols. Hana Network uses cryptographic techniques to ensure transaction security and preserve user privacy. It also supports multi-party group broadcasts and anonymous routing protocols. With these integrations, Hana Network aims to offer reliable and secure decentralized solutions for various applications, making blockchain technology more accessible and efficient. #SnoopDogg #Solana #crypto #SOL #Blockchain #coinmarketcap #USDT #HashCEX #SoundCloud #Ethereum #TRON #BinanceSmartChain #retardio
Hana Network is a blockchain platform that integrates with EigenLayer and Babylon to enhance security and functionality. It allows users to stake assets on EigenLayer and Babylon while taking advantage of their advanced security protocols. Hana Network uses cryptographic techniques to ensure transaction security and preserve user privacy. It also supports multi-party group broadcasts and anonymous routing protocols. With these integrations, Hana Network aims to offer reliable and secure decentralized solutions for various applications, making blockchain technology more accessible and efficient. #SnoopDogg #Solana #crypto #SOL #Blockchain #coinmarketcap #USDT #HashCEX #SoundCloud #Ethereum #TRON #BinanceSmartChain #retardio
3 months ago
🚨 Dominance of #Bitcoin still on this trendline.
Bitcoin Dominance Decline: This is when Bitcoin's share of the total cryptocurrency market cap declines, often because #altcoins s are gaining value or popularity more quickly.
Altseason: This is a period where #altcoins performs much better than #Bitcoin , with prices rising sharply for these cryptocurrencies.
PS: a decrease in dominance does not in any way mean a decrease in the price of #Bitcoin .
#Altseason Tick, Tock ⏳
Bitcoin Dominance Decline: This is when Bitcoin's share of the total cryptocurrency market cap declines, often because #altcoins s are gaining value or popularity more quickly.
Altseason: This is a period where #altcoins performs much better than #Bitcoin , with prices rising sharply for these cryptocurrencies.
PS: a decrease in dominance does not in any way mean a decrease in the price of #Bitcoin .
#Altseason Tick, Tock ⏳
3 months ago
📆 13 years ago, on September 7, 2011, 2008 Nobel Prize winner in economics Paul Krugman accused Bitcoin of being a “dumb money.”
10 years later, on September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender.
Sorry 🤭
10 years later, on September 7, 2021, El Salvador became the first country in the world to adopt Bitcoin as legal tender.
Sorry 🤭
3 months ago
🟡 Globees officially launches the first vacation rental platform on the blockchain, with first accommodations available across the world and many more to come 🔥
Thanks to blockchain technology, its staking program and its eco-responsible charter, this RWA project aims to revolutionize the way we book trips ☀️
https://x.com/globees_proj...
Thanks to blockchain technology, its staking program and its eco-responsible charter, this RWA project aims to revolutionize the way we book trips ☀️
https://x.com/globees_proj...
3 months ago
(E)
Opensea's homepage in 2018 - a great example of a first-mover in Web3.
Early entrants often define the standards and protocols for how things should be done in a new space. A lot of names could be mentioned to illustrate this: Uniswap, Aave, Yearn, Chainlink...
OpenSea leveraged network effects to become the dominant marketplace for NFTs, a fading narrative in 2024.
Hey Founder, what's your first-mover advantage ?
Source: http://web.archive.org/web...
Early entrants often define the standards and protocols for how things should be done in a new space. A lot of names could be mentioned to illustrate this: Uniswap, Aave, Yearn, Chainlink...
OpenSea leveraged network effects to become the dominant marketplace for NFTs, a fading narrative in 2024.
Hey Founder, what's your first-mover advantage ?
Source: http://web.archive.org/web...
3 months ago
#Bitcoin We are following the same trend as the previous bullruns.
Today is day 137 after the halving.
👉 Bullrun of Era 2 (2016/2017), the multiple was at 4.49.
👉 Bullrun of Era 3 (2020/2021), it was at 3.31.
👉 Bullrun of era 4 (2024/2025), it is at 3.58.
Today is day 137 after the halving.
👉 Bullrun of Era 2 (2016/2017), the multiple was at 4.49.
👉 Bullrun of Era 3 (2020/2021), it was at 3.31.
👉 Bullrun of era 4 (2024/2025), it is at 3.58.
Sponsored by
Kitten Haimer
15 days ago