🚨 Standard Chartered predicts that bitcoin could hit a record high in August followed by a rise to $100 ,000 by the US presidential election in November.

The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.

The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.

https://www.theblock.co/po...

Lately we have had:

🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin   for three of its funds.

🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin   to their clients.

🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.

🔹 A state pension fund invested in #Bitcoin   .

🔹 Whales are massively buying #Bitcoin  

🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.

🔹 ETFs #Bitcoin   become the best performing ETFs of all time.

🔹 Several public companies acquire #Bitcoin   .

🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin   .

🔹 Microstrategy buys more #Bitcoin   .

🔹 ETFs #Ethereum have been approved and will be available very soon.

🔹 Requests for an ETF #Solana are starting to emerge.

🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.

👉 After all this, some think that #Bitcoin   will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.

The elites are simply buying up every #Bitcoin   available. With each manipulation, some sell in panic, then they are automatically bought by the elites.

📊 #Bitcoin   and #Ethereum became the most profitable assets in the first half of 2024.

They clearly outperform the Nasdaq, the S&P 500, oil, gold, the US dollar...etc.

🔓Token Unlocks of the coming week.

📅 July 01:

👉 MAV - $10 .04 million

14.56% of the supply in circulation

👉 ZETA - $4 .49 million

1.92% of the supply in circulation

👉 SUI - $53 .9 million

2.65% of the supply in circulation

👉 DYDX - $11 .92 million

3.12% of the supply in circulation

👉 IO - $28 .5 million

7.89% of the supply in circulation

📅 July 05:

👉 GAL - $6 .94 million

2.6% of the supply in circulation

📅 July 07:

👉 HFT - $2 .90 Million

3.29% of the supply in circulation

Daily Memecoin Recap - July 1

Interesting day overall, influencers continue to hop on the crypto bandwagon

These influencer coins usually have an initial run-up, but unless the influencer does something unique to keep attention, the coin will die out

Gummy Team Launches A New Token
$baked -> hit $100m , hyped launch, same team as $gummy

Stevewilldoit Launch
$hero -> hit $82m ,
- Steve has been in crypto for years, he's very trusted by fans which explains why his coin reached so high

Sexyy Red Launches a Token
$presi -> hit $13m , "President Red"
- After several weeks of teasing, SexyyRed314_ drops the CA

Mike O'Hearn x Giga
$giga -> $42m to $150m (3.57x),
- Mike was teasing as if he would launch his own coin
- Instead of launching his own token like most of these influencers, he partnered with an already existing one

Influencer Launches
$mommy -> hit $1 .5m, NSFW
$bt -> hit $2m , BenTodar launch

Fake Influencer Launches
$sean -> hit $500k , SeanKingston says launch is in 24h (no official launch yet)
- Watch out for BhadBhabie & dohertyjackk, both aiming to launch a token

Yu-Gi-Oh Memes
$bwd -> hit $1 .99m, Blue-Eyes White Dragon, good team
$dmg -> hit $770k , Dark Magician Girl

Billy Makes A New ATH
$billy -> $53 .5m to $98m (1.83x)

New Spike Token Dominates The Old One
$spike -> $23 .55m to $47 .5m (2x), good team, rumors that it's the same team as the OG one which got exploited

New Matt Furie Memecoin
$doggs -> hit $19m , 95% bundled
- The dog that kills pepe Matt_Furie

Cat Memes
$loops -> hit $460k
$sleepy -> hit $400k

Roaring Kitty Discloses Owning 6.6% of Chewy
$chwy -> $320k to $10m (31x)
$chwy -> $700k to $8m (11.4x)

More Cooks
$walter -> $1 .53m to $5 .5m (3.59x), AB84 posted a pic of walter and said "dog of the day"
$steve -> $275k to $1 .9m (6.5x)
$sherif -> hit $10m , KOLs onboard, insanely good liquidity to market cap ratio
$glizzy -> hit $4m
$pungu -> hit $2 .7m
$garf -> hit $2 .2m, good website & art

Stay locked in, opportunities are everywhere

New month, new profits 🤝

How to become a better trader

- Look for good entries (avoid top blasting if possible)

- If you feel FOMO, don't enter the trade

- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit

- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)

- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan

- Try to sell during peak euphoria. If everyone is in, there's no one left to buy

- Never overexpose yourself to a single coin

- Example: if you have a 10 sol port, play with 0.5-1sol per trade

Always put risk management first. You're not gambling, you're trading

Take Calculated Risks

The highest volume memecoin on Solana today is $BAKED , with a $55 million trading volume in just 4 hours.

Someone turned less than $10K into $3 million! Definitely not the intern. 😅

Over 500 million NFTs have been minted on our solana blockchain, with the majority using the new compressed NFT standard.

▶️ Total NFTs minted: 520 million+
▶️ Total Collections: 100,000+
▶️ Total Collectors: 49 million+

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The Co-Founder of JupiterExchange, just announced a $100k grant to support "zer0 culture"

Zero culture is a movement aimed at promoting resilience and genuine community participation in crypto, regardless of market conditions.

🦅Hello $TPUMP VOTERS! RT, LIKE, COMMENT🦅
It's time for a community competition.
Whoever has the most invitations for new people to join the group. Only the TPUMP official Group counts:

💰1 place: 30 USD - 5Mil $TPUMP

🇺🇸2 place: 10 USD - 1Mil $TPUMP

🦅3 place: 100K $TPUMP

The people can be your friends, family or other investors or interested parties. It just has to be clear that you have invited them.
Join here to take part: https://t.me/makeTPUMPgrea...
We will create a ranking board which will be updated daily.
Please send us the names of the invited/ or related people. So that we can assign them to you.

The winners must have at least 1$ in TPUMP to be eligible to win.
Contest ends in 4 days.

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Daily Memecoin Recap - June 26

We never know how long a hot market will last

Take advantage of all opportunities

Political Coins
$vunce -> hit $682k , based on JDVance1
, potential for him to become Trump's VP
$debate -> hit $510k , realDonaldTrump vs POTUS
debate is tomorrow

Amber Rose Launching Soon
$amber -> hit $685k , DaRealAmberRose
, she has NOT launched yet
$muva -> hit $510k
- Fake coins coming out
- People are speculating that her coin might have already launched
- Important to note, $jason was rugged by Sahil & Jason Derulo then "CTO'd" that coin
- People are now waging that the same playbook will be ran by other influencers

Jason Derulo Engages with Crypto Twitter
$jason -> $11 .5m to $36 .8m (3.2x),

$ice -> hit $500k , Jason's Dog

Influencer Coins
$lilpump -> $2 .32m to $5 .5m (2.37x), coming back to life as
lilpump tries to push it $faddy -> hit $1 .6m,

Cat Memes
$sc -> $325k to $5 .4m (13.23x)
$bobby -> hit $3 .3m, good CTO team
$gloop -> hit $2 .3m, instantly ran to millions after migrating to raydium
$ichi -> hit $595k , when you search "cat", this is the first one to pop up on Google, CTO

Moni Secures a Gotbit Partnership
$moni -> hit $17 .1m, bird meme,

Hawk Tuah Still Alive
$HawkTuah -> $5 .29m to $15 .5m (2.93x),
elonmusk posted a picture of a hawk

More Cooks
$bucky -> $4 .5m to $24 .5m (5.44x), good team
$gol -> $465k to $5m (10.75x), dead coin came back to life
$zaza -> $590k to $2m (3.39x), slowly climbing towards ATH
$sprite -> $400k to $1 .1m (2.75x), "McDonald's Sprite"
$gond -> hit $1 .8m
$ily -> hit $970k , CTO on an old coin
$saudi -> hit $808k , "Saudi Habibi"
$ham -> hit $800k , "first ape on the moon", launched on
dexscreener's moonshot
$cart -> hit $735k , Target Cart Basket

Remember to prioritize risk management at all times

You should not be stressed while in a trade as this will make you act emotionally

Happy Trading🤝

Before asking yourself if a project will make me rich, ask yourself if this project is close to your heart, if I have the courage to put up with the stupidity of others on a negative level, and finally if this project is really useful and will still be around in 10 or 20 years' time. After that, yes, this project will make you rich.

Bullverse meets all these criteria. It's not even about pure finance, it's about adventure. It's not just a social network, it's a success story. If for some people selling is a question of clothes, for me it's this gem that's going to be a runaway success that those who sold at 5% will regret. Thank you for selling it to me to build 99% of my life.

SonicSVM Testnet ODYSSEY, a Layer 2 solution on @solana , has hit a significant milestone just a week after its launch.

▶️ Wallets: 100K
▶️ Transactions: 17 million

My Generation 10 Art

by @TrigonArt on Bullverse Trigon__Art on X

https://opensea.io/collect...

Daily Memecoin Recap - June 25

Volume rotates back into memes as $sol pumps

First PumpFun coin to $1b +
$dorae -> hit $2b
$dorami -> hit $1m , "Doraemon's little sister"
- Many are very confused where this came from
- Extremely bundled (98% of supply bought by the dev)
- Less than 1000 holders
- Weird market cap vs liquidity ratio

Influencer Coins
$jason -> $5 .4m to $17 .9m (3.31x),
jasonderulo makes content promoting his new token
$lilpump -> $1 .1m to $3 .14m (2.85x)
$metal -> hit $2 .8m, Metallica got hacked, the hacker was posting a bunch of tweets promoting $metal . These have now been deleted
$mini -> hit $1 .7m, NSFW airikaca launch
$amber -> hit $530k ,
DaRealAmberRose hints at a launch (she has not officially launched yet), Sahil (notorious scammer) launches his own
$purpp -> hit $500k , smokepurpp launch

First Movers on Moonshot
$first -> $1 .73m to $8 .7m (5.02x), first coin on
dexscreener's moonshot $mc -> hit $7 .4m, MoonCat, "first meme cat launched on moonshot"
$md -> hit $998k , "MoonDog", CTO
$vivook -> hit $3 .9m, redacted VivekGRamaswamy
, new speculation arises that Vivek might become realDonaldTrump VP $truth -> hit $509k , Vivek's slogan

Animal Memes
$doogle -> $960k to $3 .61m (3.76x), good team
$bucky -> hit $8 .7m, rumors that it's the same team as $ponke
$sc -> hit $2m , "Star Cat", supported by MeteoraAG

$him -> hit $1 .7m, Asian + Cat meta, CTO
$chuck -> hit $478k , dog meme

More Cooks
$nobita -> hit $1 .3m, CTO
$sprite -> hit $630k , "McDonald's Sprite"
$caviar -> hit $491k , good team
$jar -> hit $425k , based on
aeyakovenko's tweet

It's clear that the memecoin space is highly dependent on majors

When majors pump, memecoin volume increases & vice versa

Blast's airdrop is tomorrow

And the stakes couldn't be higher...

Here's what you need to know before tomorrow's drop 👇

It's almost... finally... just about here.

Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.

They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!

While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.

Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇

What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.

Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”

Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.

Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.

$BLAST launches tomorrow at 10AM EST.

Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.

Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.

In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.

The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.

An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.

On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!

Which future awaits Blast? We'll have a good idea in a few hours!

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📉 Bitcoin’s double TOP suggests BTC could fall to $45 ,000.
This is what Markus Thielen, founder of 10x Research, suggests.

“Technically, bitcoin appears to be in a double TOP formation as the support level is tested. This chart formation should be our base case unless it is invalidated. This formation could easily lead to a drop to 50 000 dollars, even 45,000 dollars.”

Liquidity is scarce.

In March in full euphoria, an average of +10 billion dollars flowed into the market.

Today, we record +0.5 billion every day.

Daily Memecoin Recap - June 23

Volume continues to decline

Market feels very PvP at the moment, focus on preserving capital

Jason Derulo Launches a coin
$jason -> hit $5 .7m
-
jasonderulo claims that Sahil (notorious influencer coin scammer) manipulated him for this launch
- Sahil posted the coin on his tg, market cap went from $115k to $1 .7m
- Price back down to $30k mc, and started to stagnate
- Jason posted saying he bought $20k worth & claims he's dedicated to his coin

YNW Melly Launches a coin while being incarcerated
$melly -> hit $537k ,

Influencer Coins
$afroman -> hit $513k , Afroman launches a coin ogafroman
, beta to $daddy
$tyga -> hit $408k , Sahil's launch, based on Tyga

Arabic Meta
$saif -> hit $2 .4m, cat meme, very active community
$abu -> hit $918k , penguin meme, 100+ people in vc
$hapepe -> hit $835k , habibi + $pepe

Scrat Launch
$scrat -> hit $90 .5m, heavily bundled, same team as $peng

CTO's with Good Communities
$genie -> $400k to $1 .7m (4.25x), based on Cobratate

$bicho -> $350k to $2 .2m (6.28x), dog meme
$shrub -> hit $1 .4m,
elonmusk's wife's hedgehog
$genie -> hit $855k , $pepe + genie, pushed by some callers
$lord -> hit $712k , 125+ people in vc, lord of the rings +Matt_Furie

More Cooks
$steve -> $1m to $6m (6x), good art & community
$bag -> $300k to $820k (2.73x), ikea bag
$wood -> hit $1 .1m, "tryna hold this wood"
$bif -> hit $870k , $brett + $wif
$ohno -> hit $500k , monkey meme, KOLs onboard, good community

Weekends are usually slow, looking forward to seeing what tomorrow brings us

Lock in

Holdium is planning to airdrop 5% of its total supply to customers who pre-order Solana Mobile's "Chapter 2" smartphones. This follows the trend of leveraging airdrops to add value to pre-orders, a tactic successfully employed with Solana Mobile's first smartphone, the Saga, which saw a significant boost in sales thanks to bundled airdrops of meme coins like $BONK and $MEW .

The "Chapter 2" smartphone, expected to ship in 2025, has already garnered over 100,000 pre-orders. This strong demand is partly due to the anticipation of similar airdrops and the lower price point of $450 compared to the Saga's.

These airdrops not only enhance the perceived value of the phone but also serve as a powerful marketing tool within Web3 community.

Daily Memecoin Recap - June 19

I missed the animal meta ngl

Dog meta
$bunny -> $87k to $1 .5m (17.2x), CTO
$vini -> hit $1 .5m, shiba inu aiming to rival $billy
$blinder -> hit $1m , peak blinders dog, CTO, called by KOLs
$sd -> hit $770k , shark dog, beta to $sc (shark cat), CTO
$camo -> hit $750k
$teddy -> hit $500k , golden retriever, burnt dev supply
$teef -> hit $450k

Cat meta
$pocat -> $265k to $2 .2m (8.3x), did an airdrop today
$lily -> hit $10m
$bebe -> $8 .7m
$ncat -> hit $1m

Mario Nawful claims that family members confirmed that $djt was related to Trump

$djt -> $78m to $176m (2.25x),
$barron -> $1 .65m to $6m (3.63x),
realDonaldTrump's son
$djtc -> hit $620k , "ShkreliTrumpTateAnsemRoxinu69", degen

Andrew Tate Puts Out A Poll: $daddy vs $rnt
$rnt -> $5 .25m to $15 .4m (2.93x), pumped as soon as the poll was posted, most thought
moved on from $rnt
$karma -> $51k to $730k (14.3x)

Landwolf Continues To Push
$wolf -> $47m to $102m (2.17x), heavily bundled with some of $brett 's team members

George Santos Posts A Pumpfun
$Q -> hit $4 .3m,
, possibility of his account being hacked

Matt Furie Memes
$brett -> hit $940k , " brett on $sol "
$sendy -> hit $2 .5m, "Dog by Matt Furie",

More Cooks
$asSol -> hit $3 .5m
$cityboys -> hit $968k , normie approved
$gilly -> hit $800k , goldfish meme
$king -> hit $500k , fake
coin, he followed their twitter
$fart -> hit $430k , fart noises

Watch out for coins that launch where a certain influencer is following their twitter

This is usually someone who sold their account

The buyer then changes the name/identity of the account to fool people into thinking a certain important person is involved

Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster

$JUP has surged over 10% after $MEOW revealed plans to burn 30% of the total supply from team allocation.

Solana has surpassed 100K $SOL in NFT trading volume over the last 7 days.

~Worth: $13 .67 million.

Solana-based DeFi perpetual trading platform Zetamarket, has hit Total trading volume of $10 billion, a new all-time high.