6 hours ago
3 days ago
After the euphoric highs of Q2, fear and doubt have crept back into crypto markets in recent months.
Amidst the uncertainty Solana’s DeFi ecosystem has shed layers of TVL (Total Value Locked), with the majority of protocol’s losing between 13-18% in USD value on a monthly time frame.
However, despite the market-wide pullback, outperformers have emerged. Which protocols created a liquidity vacuum and expanded their TVL despite ailing markets?
NX FINANCE, LULO LEAD MONTHLY TVL GROWTH
Solana’s DeFi scene has enjoyed newfound momentum and attention throughout 2024. However, the last 30 days indicate a charge in sentiment, with the bulk of Solana protocols suffering significant drops in their TVL.
Despite challenging conditions, several outliers have outperformed the wider market and witnessed continued growth in the face of adversity.
Lending aggregator NX Finance led the charge, enjoying consistent growth in the face of difficult markets. Courtesy of its incentivized rewards program, NX Finance TVL rose 65% in the last 30 days, leading Solana’s top 50 DeFi applications by TVL.
Meanwhile, fellow lending aggregator Lulo Finance continued to rise through the ranks, securing over $30M in Directed Liquidity (DL). With over 92% of its DL, a similar metric similar to TVL, held in stablecoins, Lulo-managed value has increased by 32.27% in the last 30 days.
At first glance, DeFiLlama data suggests that Jupiter’s TVL has risen by 47.22% in the last 30 days. However, this increase is due to the popular analytics platform integrating $jupSOL into Jupiter’s total TVL on August 16, adding approximately $300M worth of funds to the platform.
According to Step Finance data, $jupSOL supply has risen 0.36% in the last 30 days. Coupled with the 2.22% decline in Jupiter perpetual TVL in the same time period, it can be concluded that Jupiter’s total TVL has remained relatively stable in the face of challenging market conditions.
Kamino TVL Climbs Despite Falling Prices
Kamino Finance has been one of Solana DeFi’s most solid performers throughout Q3’s volatility. While lending aggregators like NX Finance and Lulo predominantly hold stablecoins, making them more resilient to market downturn, Kamino accepts deposits from a wider range of more volatile assets.
Despite falling asset prices across the industry, Kamino has emerged as one of Solana’s standout DeFi protocols.
While $SOL price has dropped over 36% since its March 18 high of $202 , Kamino TVL has increased by 12% in USD terms. Denominated in SOL, Kamino TVL has risen by 76% in the same time frame.
JUPITER DOMINATES PERPETUAL TVL ACROSS THE INDUSTRY
Jupiter’s perpetual DEX platform shows no sign of relinquishing its iron grip on derivatives dominance. One of Solana’s largest DeFi protocols, Jupiter’s perpetual DEX is currently the largest onchain derivatives market in the crypto industry.
Boasting over $657M in TVL, Jupiter dominates perpetual market share. According to DeFiLlama data, the Solana-based platform currently accounts for 18.82% of onchain derivatives TVL across the industry.
While Jupiter boasts the highest TVL across all perpetual DEXes, its closest rival still witnesses higher trading volumes. During August, Hyperliquid handled $34 .6B in trading volume compared to Jupiter’s $15 .1B. It’s worth noting that Hyperliquid’s high volume could attributed to its points program, which is expected to influence token allocations ahead of the protocol’s upcoming airdrop
Amidst the uncertainty Solana’s DeFi ecosystem has shed layers of TVL (Total Value Locked), with the majority of protocol’s losing between 13-18% in USD value on a monthly time frame.
However, despite the market-wide pullback, outperformers have emerged. Which protocols created a liquidity vacuum and expanded their TVL despite ailing markets?
NX FINANCE, LULO LEAD MONTHLY TVL GROWTH
Solana’s DeFi scene has enjoyed newfound momentum and attention throughout 2024. However, the last 30 days indicate a charge in sentiment, with the bulk of Solana protocols suffering significant drops in their TVL.
Despite challenging conditions, several outliers have outperformed the wider market and witnessed continued growth in the face of adversity.
Lending aggregator NX Finance led the charge, enjoying consistent growth in the face of difficult markets. Courtesy of its incentivized rewards program, NX Finance TVL rose 65% in the last 30 days, leading Solana’s top 50 DeFi applications by TVL.
Meanwhile, fellow lending aggregator Lulo Finance continued to rise through the ranks, securing over $30M in Directed Liquidity (DL). With over 92% of its DL, a similar metric similar to TVL, held in stablecoins, Lulo-managed value has increased by 32.27% in the last 30 days.
At first glance, DeFiLlama data suggests that Jupiter’s TVL has risen by 47.22% in the last 30 days. However, this increase is due to the popular analytics platform integrating $jupSOL into Jupiter’s total TVL on August 16, adding approximately $300M worth of funds to the platform.
According to Step Finance data, $jupSOL supply has risen 0.36% in the last 30 days. Coupled with the 2.22% decline in Jupiter perpetual TVL in the same time period, it can be concluded that Jupiter’s total TVL has remained relatively stable in the face of challenging market conditions.
Kamino TVL Climbs Despite Falling Prices
Kamino Finance has been one of Solana DeFi’s most solid performers throughout Q3’s volatility. While lending aggregators like NX Finance and Lulo predominantly hold stablecoins, making them more resilient to market downturn, Kamino accepts deposits from a wider range of more volatile assets.
Despite falling asset prices across the industry, Kamino has emerged as one of Solana’s standout DeFi protocols.
While $SOL price has dropped over 36% since its March 18 high of $202 , Kamino TVL has increased by 12% in USD terms. Denominated in SOL, Kamino TVL has risen by 76% in the same time frame.
JUPITER DOMINATES PERPETUAL TVL ACROSS THE INDUSTRY
Jupiter’s perpetual DEX platform shows no sign of relinquishing its iron grip on derivatives dominance. One of Solana’s largest DeFi protocols, Jupiter’s perpetual DEX is currently the largest onchain derivatives market in the crypto industry.
Boasting over $657M in TVL, Jupiter dominates perpetual market share. According to DeFiLlama data, the Solana-based platform currently accounts for 18.82% of onchain derivatives TVL across the industry.
While Jupiter boasts the highest TVL across all perpetual DEXes, its closest rival still witnesses higher trading volumes. During August, Hyperliquid handled $34 .6B in trading volume compared to Jupiter’s $15 .1B. It’s worth noting that Hyperliquid’s high volume could attributed to its points program, which is expected to influence token allocations ahead of the protocol’s upcoming airdrop
8 days ago
Study these tickers
https://x.com/monkeypoxsol...
$POX aped at $12M MCAP - 78M
(510% 📈) way to 100m
Chart
https://dexscreener.com/so...
#POXONSOL
https://x.com/Ginnanthecat...
$GINNAN aped at $12M MCAP - $16 .3M (14%📈)
$100M - $300M MCAP
Chart
https://dexscreener.com/so...
#GINNANONSOL
#SOLANAGEMS
https://x.com/monkeypoxsol...
$POX aped at $12M MCAP - 78M
(510% 📈) way to 100m
Chart
https://dexscreener.com/so...
#POXONSOL
https://x.com/Ginnanthecat...
$GINNAN aped at $12M MCAP - $16 .3M (14%📈)
$100M - $300M MCAP
Chart
https://dexscreener.com/so...
#GINNANONSOL
#SOLANAGEMS
11 days ago
Get outside, go for a walk & touch some grass! 👟🥾
Your phone and POPDOG ain’t going nowhere! 🐶
#POPDOG 8 month CTO always grinding💪
Your phone and POPDOG ain’t going nowhere! 🐶
#POPDOG 8 month CTO always grinding💪
13 days ago
13 days ago
🤑 EXPLOSION of cryptomillionaires! 💣
In one year, their number has JUMPED by 95%! 172,300 new crypto RICHES!
🛫 They are fleeing MASSIVELY to tax havens to protect their profits! 🌴
🇸🇬 Singapore
🇭🇰 Hong Kong
🇦🇪 Emirates
In one year, their number has JUMPED by 95%! 172,300 new crypto RICHES!
🛫 They are fleeing MASSIVELY to tax havens to protect their profits! 🌴
🇸🇬 Singapore
🇭🇰 Hong Kong
🇦🇪 Emirates
19 days ago
23 days ago
BTC, the 60,000 level is currently being broken, consolidation above this level will occur only on the daily candle. The current daily candle must be closed in green. The local setup inside the pattern that I showed in the video yesterday is working right now. The local support zone was held, the key resistance level based on this setup is 62,634, a breakdown and consolidation above will send Bitcoin to targets at 65,300-66 700-69 300-71 153,
the input to the exchanges exceeds the output -
19%, 1700 btc
Altcoins, we are approaching the first downward trend in altcoin capitalization, a breakdown and consolidation above the trend. it will give an impulse to altcoins. Let me remind you that the head of the US Federal Reserve will speak on Friday, which can expand the cryptocurrency market. Let me also remind you that we are at the beginning of a new cycle, and in the medium and long term, altcoins will show significant growth.
https://www.tradingview.co.../
the input to the exchanges exceeds the output -
19%, 1700 btc
Altcoins, we are approaching the first downward trend in altcoin capitalization, a breakdown and consolidation above the trend. it will give an impulse to altcoins. Let me remind you that the head of the US Federal Reserve will speak on Friday, which can expand the cryptocurrency market. Let me also remind you that we are at the beginning of a new cycle, and in the medium and long term, altcoins will show significant growth.
https://www.tradingview.co.../
24 days ago
(E)
$POPDOG has listed on flooz_xyz (https://x.com/flooz_xyz) !
http://flooz.xyz/POPDOGsol...
In a few days FLOOZ’s long awaited wait will go live on SOLANA chain and you will be able to purchase POPDOG with Credit/ Debit card, APPLE and GOOGLE Pay! 💳🔴💵
A huge step in easily onboarding #POPDOG holders!🧍🧍🏿♂️🧍♀️
http://flooz.xyz/POPDOGsol...
In a few days FLOOZ’s long awaited wait will go live on SOLANA chain and you will be able to purchase POPDOG with Credit/ Debit card, APPLE and GOOGLE Pay! 💳🔴💵
A huge step in easily onboarding #POPDOG holders!🧍🧍🏿♂️🧍♀️
24 days ago
1 month ago
Daily Memecoin Recap - August 11
Market is slower compared to a couple days ago, but it's always to be expected on weekends
Runners Of The Day
$crocs -> $1m to $36m (36x), "Crocs In Sport Mode", dog meme
$hazel -> hit $3 .2m, dog with food on his head, $michi dev (ATH $300m +)
Crying Animals
$crying -> hit $10m , "crying cat", old coin that pushed today (was dead before), lots of KOLs involved & whale buys
$crying -> hit $850k , "crying dog", CTO, same dev as crying cat, pumped after crying cat's success
Elon Meta
$grok2 -> hit $2 .55m, elonmusk
tweeted that Grok 2 beta will be out soon
Dog Memes
$boppy -> $452k to $1 .45m (3.2x), CTO, ATH at $2 .3m 2+ weeks ago
$coby -> hit $500k
$mok -> hit $330k
$dawg -> hit $240k , "dawg in me"
More Cooks
$kolt -> $725k to $4 .9m (6.76x), team continues to push, slow cook that heavily pushed today
$eric -> $356k to $1 .3m (3.65x), launched on dexscreener
's moonshot 2 days ago
$slc -> hit $1 .3m, "Soltoshi Nakamato, the creator of Solcoin", dev locked 71% of supply
$qcat -> hit $840k , "Quantum Cat"
$ariel -> hit $800k , cat meme, launched a couple days ago
$weiner -> hit $750k
$knobgob -> hit $750k , Matt Furie meme Matt_Furie
$usdc -> hit 700k, "Unstoppable Salmon Doing Cocaine", similar vibe to $scf , ticker is a play on the stablecoin
$miki -> hit $470k , "Ikea Monkey", CTO
$P1SS -> hit $440k , Mercedes CLR GTR-P1SS, pushed by influencers
$karen -> hit $260k , good meme on karens
A lot of coins dropping without a specific meta
The consistent amount of volume that memes have been getting (regardless of market conditions) over the last 5+ months is one of the most impressive things I've seen in crypto
Will we get a bullish end of year?
Market is slower compared to a couple days ago, but it's always to be expected on weekends
Runners Of The Day
$crocs -> $1m to $36m (36x), "Crocs In Sport Mode", dog meme
$hazel -> hit $3 .2m, dog with food on his head, $michi dev (ATH $300m +)
Crying Animals
$crying -> hit $10m , "crying cat", old coin that pushed today (was dead before), lots of KOLs involved & whale buys
$crying -> hit $850k , "crying dog", CTO, same dev as crying cat, pumped after crying cat's success
Elon Meta
$grok2 -> hit $2 .55m, elonmusk
tweeted that Grok 2 beta will be out soon
Dog Memes
$boppy -> $452k to $1 .45m (3.2x), CTO, ATH at $2 .3m 2+ weeks ago
$coby -> hit $500k
$mok -> hit $330k
$dawg -> hit $240k , "dawg in me"
More Cooks
$kolt -> $725k to $4 .9m (6.76x), team continues to push, slow cook that heavily pushed today
$eric -> $356k to $1 .3m (3.65x), launched on dexscreener
's moonshot 2 days ago
$slc -> hit $1 .3m, "Soltoshi Nakamato, the creator of Solcoin", dev locked 71% of supply
$qcat -> hit $840k , "Quantum Cat"
$ariel -> hit $800k , cat meme, launched a couple days ago
$weiner -> hit $750k
$knobgob -> hit $750k , Matt Furie meme Matt_Furie
$usdc -> hit 700k, "Unstoppable Salmon Doing Cocaine", similar vibe to $scf , ticker is a play on the stablecoin
$miki -> hit $470k , "Ikea Monkey", CTO
$P1SS -> hit $440k , Mercedes CLR GTR-P1SS, pushed by influencers
$karen -> hit $260k , good meme on karens
A lot of coins dropping without a specific meta
The consistent amount of volume that memes have been getting (regardless of market conditions) over the last 5+ months is one of the most impressive things I've seen in crypto
Will we get a bullish end of year?
1 month ago
Daily Memecoin Recap - August 8
The market is in need of a new meta, a lot of repetitive things coming out
Fake Trump Coin
$rtr -> hit $155m , "Restore The Republic"
- DonaldJTrumpJr was teasing at an exciting crypto announcement
- Plenty of legit people had sources saying that this was Trump's real coin
- People believe that they rugged at the last second, which has caused an outroar on the timeline
Neiro's friends
$fuku -> hit $4m , based on $neiro 's friend, kabosu family ( $doge )
$fuku -> hit $1m
$hachi -> hit $1m
- kabosumama has a new blog post
Dog Memes
$pitbull -> $400k to $1 .96m (4.9x), decent team
$pooku -> $260k to $1 .2m (4.6x)
$eggdog -> hit $8 .5m, insider
$maka -> hit $980k , cute dog
$maki -> hit $300k
Wizard meta
$lore -> hit $1 .15m
$wizcat -> hit $1 .1m, influencers backing
More Cooks
$schizo -> $95k to $2m (21x), revived after getting CTO'd
$gmblr -> hit $3m , sniped launch
$jajak -> hit $2 .83m, heavily pushed today, a lot of smart wallets aped, funny meme
$dwifkodak -> hit $1 .6m, celeb meta, pushed by KOLs
$money -> hit $1 .15m, "Just give me my money", good meme
$bif -> hit $850k , "banana wif hat"
$miy -> hit $800k , duck meme, CTO
$memest -> hit $380k , "memes street", CTO
$spurdo -> hit $370k
$bph -> hit $260k , "Blue Party Hat",
I want to see something new, something fresh that hasn't been done before
Can dev do something pls
The market is in need of a new meta, a lot of repetitive things coming out
Fake Trump Coin
$rtr -> hit $155m , "Restore The Republic"
- DonaldJTrumpJr was teasing at an exciting crypto announcement
- Plenty of legit people had sources saying that this was Trump's real coin
- People believe that they rugged at the last second, which has caused an outroar on the timeline
Neiro's friends
$fuku -> hit $4m , based on $neiro 's friend, kabosu family ( $doge )
$fuku -> hit $1m
$hachi -> hit $1m
- kabosumama has a new blog post
Dog Memes
$pitbull -> $400k to $1 .96m (4.9x), decent team
$pooku -> $260k to $1 .2m (4.6x)
$eggdog -> hit $8 .5m, insider
$maka -> hit $980k , cute dog
$maki -> hit $300k
Wizard meta
$lore -> hit $1 .15m
$wizcat -> hit $1 .1m, influencers backing
More Cooks
$schizo -> $95k to $2m (21x), revived after getting CTO'd
$gmblr -> hit $3m , sniped launch
$jajak -> hit $2 .83m, heavily pushed today, a lot of smart wallets aped, funny meme
$dwifkodak -> hit $1 .6m, celeb meta, pushed by KOLs
$money -> hit $1 .15m, "Just give me my money", good meme
$bif -> hit $850k , "banana wif hat"
$miy -> hit $800k , duck meme, CTO
$memest -> hit $380k , "memes street", CTO
$spurdo -> hit $370k
$bph -> hit $260k , "Blue Party Hat",
I want to see something new, something fresh that hasn't been done before
Can dev do something pls
1 month ago
Daily Memecoin Recap - August 6
Majors continue recovering, $sol back at $154 from a low of $110
Great volume today
Runners Of The Day
$thumb -> hit $6 .4m, good cat meme, dev bought 80%+ supply off pumpfun and burned it all
$rawdog -> hit $1 .9m, "no telegram. no socials. rawdogging." zoomer meta
$hommy -> hit $1 .3m, "The One Who Waits", diamond hands meme of an interesting creature
Blind Meta
$⠙⠕⠛ -> hit $2 .65m, "Blind Dog", unique idea
$⠉⠁⠞ -> hit $395k , "Blind Cat", beta to Blind Dog
Wrapped Meta Pushes
$wDOG -> $3 .5m to $24m (6.85x), wrapped dog goes crazy (references $wBTC , $wETH , $wSOL , etc.)
$wCAT -> $165k to $2 .3m (13.9x), $wDOG beta
$wSCF -> hit $430k , "wrapped smoking chicken fish", beta to $scf
Ginnan Comes Back For More
$ginnan -> $10m to $77m (7.7x), $neiro 's brother
$tsuji -> hit $1 .52m, "Ginnan's Sister", Kabosu Family meme ( $doge ), CTO, beta to $ginnan
High Market Cap Coins Recover
$popcat -> $240m to $560m (2.33x), fast bounce after a large downwick
$giga -> $60m to $152m (2.53x), gigachad
Dog Memes
$hugi -> hit $1 .5m, a dog giving hugs
$Dog² -> hit $500k , a dog in a dog costume
Cat Memes
$npc -> hit $900k , "npc cat", KOLs involved
$vroom -> hit $900k , cat driving a car
$hop -> hit $300k , "hop online", cat playing video games, CTO
Other Plays
$knight -> $200k to $1 .7m (8.5x), "Fallen Knight", launch from July 25th, just made a new ATH
$time -> hit $419k , "It's Time"
$rpepe -> hit $325k , "The Real Pepe", irl person painted green
$pog -> hit $248k , penguin meme, pushed by KOLs
Note how $oodles is down at $1 .3m from a high of $12m +
One thing with sol memes: if there's potential for a sell the news event, then it will be a sell the news event
Lock in🤝
Majors continue recovering, $sol back at $154 from a low of $110
Great volume today
Runners Of The Day
$thumb -> hit $6 .4m, good cat meme, dev bought 80%+ supply off pumpfun and burned it all
$rawdog -> hit $1 .9m, "no telegram. no socials. rawdogging." zoomer meta
$hommy -> hit $1 .3m, "The One Who Waits", diamond hands meme of an interesting creature
Blind Meta
$⠙⠕⠛ -> hit $2 .65m, "Blind Dog", unique idea
$⠉⠁⠞ -> hit $395k , "Blind Cat", beta to Blind Dog
Wrapped Meta Pushes
$wDOG -> $3 .5m to $24m (6.85x), wrapped dog goes crazy (references $wBTC , $wETH , $wSOL , etc.)
$wCAT -> $165k to $2 .3m (13.9x), $wDOG beta
$wSCF -> hit $430k , "wrapped smoking chicken fish", beta to $scf
Ginnan Comes Back For More
$ginnan -> $10m to $77m (7.7x), $neiro 's brother
$tsuji -> hit $1 .52m, "Ginnan's Sister", Kabosu Family meme ( $doge ), CTO, beta to $ginnan
High Market Cap Coins Recover
$popcat -> $240m to $560m (2.33x), fast bounce after a large downwick
$giga -> $60m to $152m (2.53x), gigachad
Dog Memes
$hugi -> hit $1 .5m, a dog giving hugs
$Dog² -> hit $500k , a dog in a dog costume
Cat Memes
$npc -> hit $900k , "npc cat", KOLs involved
$vroom -> hit $900k , cat driving a car
$hop -> hit $300k , "hop online", cat playing video games, CTO
Other Plays
$knight -> $200k to $1 .7m (8.5x), "Fallen Knight", launch from July 25th, just made a new ATH
$time -> hit $419k , "It's Time"
$rpepe -> hit $325k , "The Real Pepe", irl person painted green
$pog -> hit $248k , penguin meme, pushed by KOLs
Note how $oodles is down at $1 .3m from a high of $12m +
One thing with sol memes: if there's potential for a sell the news event, then it will be a sell the news event
Lock in🤝
1 month ago
Weekly Outlook Charts: August 5-9:
#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
Weekly: https://www.tradingview.co.../
Daily: Solid rejection off 106/107 level instills confidence of further downside to target.
https://www.tradingview.co.../
🎯Target at 97 remains.
Doesnt lower DXY mean gains for risk assets like crypto? Not quite..
Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.
The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...
Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.
#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../
Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)
However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.
#US10Y
Below shows the yield curve vs gold.
https://www.tradingview.co.../
🎯Target for 3000
As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.
Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.
Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market
#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
Weekly: https://www.tradingview.co.../
Daily: Solid rejection off 106/107 level instills confidence of further downside to target.
https://www.tradingview.co.../
🎯Target at 97 remains.
Doesnt lower DXY mean gains for risk assets like crypto? Not quite..
Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.
The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...
Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.
#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../
Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)
However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.
#US10Y
Below shows the yield curve vs gold.
https://www.tradingview.co.../
🎯Target for 3000
As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.
Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.
Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market
DXY Weekly Down for TVC:DXY by SolenyaResearch — TradingView
Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
https://www.tradingview.com/chart/DXY/LDxbqwgW-DXY-Weekly-Down/
1 month ago
(E)
🚨 The crypto market IS COLLAPSING! 🚨
The cryptocurrency market has just suffered a brutal SHOCK, billions of dollars have evaporated in a few hours.
Traditional markets are also affected by panic.
What is really happening?
First, let's take a look at the alarming numbers:
💸 400 billion capitalization gone
💸 More than a billion dollars in positions liquidated in a few hours, including 901 million long positions pulverized.
💸 Bitcoin fell by 20%, Ethereum by 34%, and altcoins were not spared: Solana fell by 24%, XRP by almost 21%, memecoins like DOGE and SHIB fell by 25%. 29%.
But that's just the tip of the iceberg.
The reasons for this debacle are multiple and interconnected:
💥 The Japanese "carry trade" is collapsing: The yen has soared by 10% in just 3 weeks, pushing investors to massively sell their assets to repay their debts in yen.
This situation was exacerbated by the decision of the Bank of Japan to raise its rates to 0.25%, the highest level since 2008.
💥 Traditional markets in panic: The Nikkei collapsed 12.4%, its biggest historical fall since “Black Monday” in 1987.
This shock wave spread to the American markets, with Nasdaq futures falling by 6% and those of the S&P 500 by 3%.
💥 Massive sales from major players: Jump Trading liquidated $300 million worth of Ethereum in 10 days.
Additionally, two other major players contributed to the selling pressure: the distribution of Mt. Gox's Bitcoins to creditors ($9 billion worth) and the sale of BTC by the German government.
💥 A tense global context: The assassination of the Hamas leader by Israel has exacerbated tensions in the Middle East, Western countries are asking their nationals to leave Lebanon...
This geopolitical instability, coupled with political uncertainties in the United States and fears of recession, has created a climate of risk aversion.
This perfect storm shows how vulnerable the crypto market remains to external shocks.
It also highlights the growing interconnection between cryptocurrencies and traditional financial markets.
Stay vigilant, this extreme volatility could well continue in the days to come!
The cryptocurrency market has just suffered a brutal SHOCK, billions of dollars have evaporated in a few hours.
Traditional markets are also affected by panic.
What is really happening?
First, let's take a look at the alarming numbers:
💸 400 billion capitalization gone
💸 More than a billion dollars in positions liquidated in a few hours, including 901 million long positions pulverized.
💸 Bitcoin fell by 20%, Ethereum by 34%, and altcoins were not spared: Solana fell by 24%, XRP by almost 21%, memecoins like DOGE and SHIB fell by 25%. 29%.
But that's just the tip of the iceberg.
The reasons for this debacle are multiple and interconnected:
💥 The Japanese "carry trade" is collapsing: The yen has soared by 10% in just 3 weeks, pushing investors to massively sell their assets to repay their debts in yen.
This situation was exacerbated by the decision of the Bank of Japan to raise its rates to 0.25%, the highest level since 2008.
💥 Traditional markets in panic: The Nikkei collapsed 12.4%, its biggest historical fall since “Black Monday” in 1987.
This shock wave spread to the American markets, with Nasdaq futures falling by 6% and those of the S&P 500 by 3%.
💥 Massive sales from major players: Jump Trading liquidated $300 million worth of Ethereum in 10 days.
Additionally, two other major players contributed to the selling pressure: the distribution of Mt. Gox's Bitcoins to creditors ($9 billion worth) and the sale of BTC by the German government.
💥 A tense global context: The assassination of the Hamas leader by Israel has exacerbated tensions in the Middle East, Western countries are asking their nationals to leave Lebanon...
This geopolitical instability, coupled with political uncertainties in the United States and fears of recession, has created a climate of risk aversion.
This perfect storm shows how vulnerable the crypto market remains to external shocks.
It also highlights the growing interconnection between cryptocurrencies and traditional financial markets.
Stay vigilant, this extreme volatility could well continue in the days to come!
1 month ago
Daily Memecoin Recap - August 1
Can't believe we're already in August
Only 5 months left in the year, make them count
Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)
Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff
High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,
$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother
Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump
Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta
Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat
Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair
Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"
The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193
Stack the small wins
Can't believe we're already in August
Only 5 months left in the year, make them count
Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)
Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff
High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,
$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother
Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump
Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta
Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat
Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair
Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"
The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193
Stack the small wins
1 month ago
1 month ago
🗳️ ApeCoin launches DAO vote to create a BAYC-themed hotel in central Bangkok, Thailand 🇹🇭
The project would bring together numerous advantages:
🔹 50% of the revenue from themed rooms (APE, BAYC, Otherside etc) will be received by the ApeCoin DAO for one year.
🔹 Hotel rooms and bars will accept ApeCoin as payment.
🔹 A big exhibition of the Yuga Labs ecosystem.
🔹 Organize events for ApeCoin members every two months.
🔹 Members of the APE community will be able to use the rooftop for events free of charge.
Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE, or approximately $300 ,000
https://snapshot.org/#/ape...
The project would bring together numerous advantages:
🔹 50% of the revenue from themed rooms (APE, BAYC, Otherside etc) will be received by the ApeCoin DAO for one year.
🔹 Hotel rooms and bars will accept ApeCoin as payment.
🔹 A big exhibition of the Yuga Labs ecosystem.
🔹 Organize events for ApeCoin members every two months.
🔹 Members of the APE community will be able to use the rooftop for events free of charge.
Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE, or approximately $300 ,000
https://snapshot.org/#/ape...
1 month ago
Daily Memecoin Recap - July 31
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
1 month ago
Jupiter airdrop concludes, 639,109 addresses claim tokens, $800 million worth of $JUP distributed, 33.1% unclaimed.
The $JUP airdrop by Jupiter, a leading Decentralized Exchange (DEX) aggregator on Solana, has successfully concluded. Launched on January 31st, 2024, it was the largest airdrop in Solana's history.
The airdrop aimed to distribute 1 billion $JUP tokens to 955,000 wallets that had previously interacted with Jupiter. The claim deadline was set for July 31st, 2024. while a substantial number of users participated, over 300,000 eligible addresses failed to claim their tokens.
The $JUP airdrop by Jupiter, a leading Decentralized Exchange (DEX) aggregator on Solana, has successfully concluded. Launched on January 31st, 2024, it was the largest airdrop in Solana's history.
The airdrop aimed to distribute 1 billion $JUP tokens to 955,000 wallets that had previously interacted with Jupiter. The claim deadline was set for July 31st, 2024. while a substantial number of users participated, over 300,000 eligible addresses failed to claim their tokens.
1 month ago
Daily Memecoin Recap - July 29
Great volume today
Market is seriously picking back up, keep reading 👇
Rug Turns Into A Community Relaunch
$fwog -> hit $17m , community relaunch, $eth whales pushing
$flog -> hit $4 .11m, rug
$fwog -> hit $300k , OG fwog launched June 5th
- $flog launched and rugged, the artist was mad and decided to relaunch as $fwog
- This was the runner of the day
Zoomer Memes
$ong -> $7m to $25m (3.6x), 3% of supply has been locked up for 6 months ($350k)
$higher -> $500k to $2 .5m (5x), good CTO
$bro -> hit $1m , "It's a CTO bro"
$stoic -> hit $750k
$aylmao -> hit $616k
Smoking Chicken Fish Is Taking Over
$scf -> $47m to $107m (2.27x)
$scf -> hit $616k , OG smoking chicken fish from 2023
Buck To A Buck
$buck -> hit $4 .75m, CTO, dog meme, once this buck started moving, people started pushing around the OG one (which was previously inactive)
$buck -> hit $1m , OG buck
$dolla -> hit $600k , $buck derivative
Ginnan Is A Boy
$ginnan -> $16m to $44 .5m (2.78x), "Ginnan Doge's Sister"
$ginnan -> hit $2 .5m, "Ginnan Doge's Brother"
- "Ginnan Doge's Sister" ran to $40m +, but turns out that Ginnan is a boy which means that he's Doge's brother (not sister)
Dogecoin meta
$neiro -> $38 .5m to $82m (2.1x)
$suji -> $65k to $1 .5m (23x), Tsutsuji, "Doge's sister cat"
$MoM -> hit $3 .45m, "Mother of Memecoins", CTO, coin about $doge & $neiro 's mom
$oni -> hit $900k , cat meme, " $doge 's cat "
Dog Memes
$pupperfish -> hit $5m , viral dogfish
$nichi -> hit $1 .6m
$snuggy -> hit $510k , CTO
$dolly -> hit $450k
Cat Memes
$gpc -> hit $1m , "GoProCat", based on what a1lon9 (pumpfun's founder) said in an interview
$meo -> hit $885k , Chinese meme
$cc -> hit $500k , cult cate, has been made before
$chester -> hit $500k
$incel -> hit $440k
Other Cooks
$jet -> hit $775k , "Sardine 737"
$gigana -> hit $250k , woman $giga , CTO
$pumpy -> hit $220k
Imagine what happens when retail starts using trojan, BullX, photon, etc...
Great volume today
Market is seriously picking back up, keep reading 👇
Rug Turns Into A Community Relaunch
$fwog -> hit $17m , community relaunch, $eth whales pushing
$flog -> hit $4 .11m, rug
$fwog -> hit $300k , OG fwog launched June 5th
- $flog launched and rugged, the artist was mad and decided to relaunch as $fwog
- This was the runner of the day
Zoomer Memes
$ong -> $7m to $25m (3.6x), 3% of supply has been locked up for 6 months ($350k)
$higher -> $500k to $2 .5m (5x), good CTO
$bro -> hit $1m , "It's a CTO bro"
$stoic -> hit $750k
$aylmao -> hit $616k
Smoking Chicken Fish Is Taking Over
$scf -> $47m to $107m (2.27x)
$scf -> hit $616k , OG smoking chicken fish from 2023
Buck To A Buck
$buck -> hit $4 .75m, CTO, dog meme, once this buck started moving, people started pushing around the OG one (which was previously inactive)
$buck -> hit $1m , OG buck
$dolla -> hit $600k , $buck derivative
Ginnan Is A Boy
$ginnan -> $16m to $44 .5m (2.78x), "Ginnan Doge's Sister"
$ginnan -> hit $2 .5m, "Ginnan Doge's Brother"
- "Ginnan Doge's Sister" ran to $40m +, but turns out that Ginnan is a boy which means that he's Doge's brother (not sister)
Dogecoin meta
$neiro -> $38 .5m to $82m (2.1x)
$suji -> $65k to $1 .5m (23x), Tsutsuji, "Doge's sister cat"
$MoM -> hit $3 .45m, "Mother of Memecoins", CTO, coin about $doge & $neiro 's mom
$oni -> hit $900k , cat meme, " $doge 's cat "
Dog Memes
$pupperfish -> hit $5m , viral dogfish
$nichi -> hit $1 .6m
$snuggy -> hit $510k , CTO
$dolly -> hit $450k
Cat Memes
$gpc -> hit $1m , "GoProCat", based on what a1lon9 (pumpfun's founder) said in an interview
$meo -> hit $885k , Chinese meme
$cc -> hit $500k , cult cate, has been made before
$chester -> hit $500k
$incel -> hit $440k
Other Cooks
$jet -> hit $775k , "Sardine 737"
$gigana -> hit $250k , woman $giga , CTO
$pumpy -> hit $220k
Imagine what happens when retail starts using trojan, BullX, photon, etc...
1 month ago
July 19th’s devastating IT outage left hundreds of businesses across the world scrambling to provide basic services. A software bug that was prematurely pushed to production wrought havoc across the globe, temporarily shutting down banks, airlines, and essential services.
Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.
What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?
SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.
Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.
However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.
On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.
Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.
SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.
For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.
With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?
Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?
According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.
Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.
Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.
With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.
Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.
What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?
SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.
Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.
However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.
On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.
Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.
SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.
For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.
With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?
Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?
According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.
Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.
Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.
With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.
2 months ago
🚀 Bitcoin and zombie companies: a new financial dynamic
Since the approval of spot Bitcoin ETFs on the American market, a shock wave has spread in the ranks of traditional finance. Bitcoin, once considered an infrequent option, is now recognized as a "legitimate financial instrument". This transformation is largely anticipated by companies such as MicroStrategy, which holds 226,300 BTC (or $15 billion) and represents more than 1% of the total supply limited to 21 million units.
Michael Saylor, founder of MicroStrategy, positions himself as a Bitcoin guru. He even evokes "economic immortality" thanks to the holding of BTC. Other publicly traded companies, such as Metaplanet and Semler Scientific, are inspired by this aggressive Bitcoin purchase strategy to boost their shares.
Metaplanet, for example, now holds a portfolio of 245 BTC (or $16 .4 million). Since the announcement of this strategy last April, Metaplanet's share price has risen dramatically, increasing by 980%. Simon Gerovich, CEO of Metaplanet, says that Bitcoin is the supreme monetary asset and that the company aims to own as many as possible.
The arrival of Bitcoin cash ETFs opens up new opportunities for zombie companies in search of excess capital. The simple possession of Bitcoin seems to have the power to revive these companies in difficulty. With the prospect of a $52 million BTC by 2050, Bitcoin continues to attract attention and transform the traditional financial landscape.
Since the approval of spot Bitcoin ETFs on the American market, a shock wave has spread in the ranks of traditional finance. Bitcoin, once considered an infrequent option, is now recognized as a "legitimate financial instrument". This transformation is largely anticipated by companies such as MicroStrategy, which holds 226,300 BTC (or $15 billion) and represents more than 1% of the total supply limited to 21 million units.
Michael Saylor, founder of MicroStrategy, positions himself as a Bitcoin guru. He even evokes "economic immortality" thanks to the holding of BTC. Other publicly traded companies, such as Metaplanet and Semler Scientific, are inspired by this aggressive Bitcoin purchase strategy to boost their shares.
Metaplanet, for example, now holds a portfolio of 245 BTC (or $16 .4 million). Since the announcement of this strategy last April, Metaplanet's share price has risen dramatically, increasing by 980%. Simon Gerovich, CEO of Metaplanet, says that Bitcoin is the supreme monetary asset and that the company aims to own as many as possible.
The arrival of Bitcoin cash ETFs opens up new opportunities for zombie companies in search of excess capital. The simple possession of Bitcoin seems to have the power to revive these companies in difficulty. With the prospect of a $52 million BTC by 2050, Bitcoin continues to attract attention and transform the traditional financial landscape.
2 months ago
Daily Memecoin Recap - July 27
You did NOT want to touch grass today
0xKitchen caught most of the action👇
Dogecoin Owner Gets A New Dog
$neiro -> hit $100m , community chosen one
$neiro -> hit $49 .5m, first neiro that was launched
- This is huge news, $doge is the first memecoin & currently sits at $18 ,000,000,000 market cap
- The community chosen one was running, but dropped heavily once Ansem started fudding it and shilling the "first one that was launched" instead
- Ansem received hella backlash for this blknoiz06
More Neiro Coins
$neira -> hit $4m
$neiro -> hit $3 .9m
$N3IRO -> hit $1m , "secret third NEIRO"
$neirocoin -> hit $561k , because $doge is called dogecoin
$ねいろ -> hit $520k , Neiro in Japanese
Betas To Neiro
$ginnan -> $10k to $4 .25m (425x), dead coin until today, Ginnan is Doge's sister = Neiro's sister
$kabosu -> $54k to $1 .15m (21.3x), "RIP Kabosu", Kabosu is $doge 's real name
$tsutsuji -> $6k to $571k (95x), dead coin that revived on the Neiro news, Kabosu's other sister
$onigiri -> $4k to $400k (100x), also a dead coin that revived on the news,
$neiru -> hit $460k , redacted $neiro
$bneiro -> hit $300k , Baby Neiro
$azalea -> hit $220k , Neiro's friend
Trump Attends Bitcoin Nashville
$dmaga -> $9m to $21m (2.3x), Dark MAGA
$bmia -> hit $3 .5m, "Bitcoin made in America", based on a hat that was seen at the conference
$nsyb -> hit $3m , Trump said "Never Sell Your Bitcoin" at the conference
CT Loves These Memes
$ong -> $1 .95m to $5 .5m (2.82x), "on god"
$real -> $1m to $3 .3m (3.3x)
$why -> hit $500k , "why did I fade"
$joci -> hit $215k , "jeets out, chads in"
Other Plays
$schizo -> $2 .8m to $9 .5m (3.39x), new ATH
$japiro -> hit $900k , redacted JoshShapiroPA, political meta as he runs for VP
$latte -> hit $480k
$fonkey -> hit $300k , Fat Monkey
What do you guys think about the situation between the 2 main Neiro coins? Did you catch either of them?
Let me know 👇
You did NOT want to touch grass today
0xKitchen caught most of the action👇
Dogecoin Owner Gets A New Dog
$neiro -> hit $100m , community chosen one
$neiro -> hit $49 .5m, first neiro that was launched
- This is huge news, $doge is the first memecoin & currently sits at $18 ,000,000,000 market cap
- The community chosen one was running, but dropped heavily once Ansem started fudding it and shilling the "first one that was launched" instead
- Ansem received hella backlash for this blknoiz06
More Neiro Coins
$neira -> hit $4m
$neiro -> hit $3 .9m
$N3IRO -> hit $1m , "secret third NEIRO"
$neirocoin -> hit $561k , because $doge is called dogecoin
$ねいろ -> hit $520k , Neiro in Japanese
Betas To Neiro
$ginnan -> $10k to $4 .25m (425x), dead coin until today, Ginnan is Doge's sister = Neiro's sister
$kabosu -> $54k to $1 .15m (21.3x), "RIP Kabosu", Kabosu is $doge 's real name
$tsutsuji -> $6k to $571k (95x), dead coin that revived on the Neiro news, Kabosu's other sister
$onigiri -> $4k to $400k (100x), also a dead coin that revived on the news,
$neiru -> hit $460k , redacted $neiro
$bneiro -> hit $300k , Baby Neiro
$azalea -> hit $220k , Neiro's friend
Trump Attends Bitcoin Nashville
$dmaga -> $9m to $21m (2.3x), Dark MAGA
$bmia -> hit $3 .5m, "Bitcoin made in America", based on a hat that was seen at the conference
$nsyb -> hit $3m , Trump said "Never Sell Your Bitcoin" at the conference
CT Loves These Memes
$ong -> $1 .95m to $5 .5m (2.82x), "on god"
$real -> $1m to $3 .3m (3.3x)
$why -> hit $500k , "why did I fade"
$joci -> hit $215k , "jeets out, chads in"
Other Plays
$schizo -> $2 .8m to $9 .5m (3.39x), new ATH
$japiro -> hit $900k , redacted JoshShapiroPA, political meta as he runs for VP
$latte -> hit $480k
$fonkey -> hit $300k , Fat Monkey
What do you guys think about the situation between the 2 main Neiro coins? Did you catch either of them?
Let me know 👇
2 months ago
Daily Memecoin Recap - July 26
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend 🤝
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend 🤝
2 months ago
Daily Memecoin Recap - July 19
$sol pumping -> good for our bags
Volume was mid today, but still had a decent amount of runners
Runner Of The Day
$ponzi -> hit $15 .8m, J.Ponzi.Morgan
- Launched by the same guy that pushed $dog to $9m +
- 70% of supply locked for 100 years
- This took most of the liquidity today
Good Memes
$lol -> hit $8 .35m, most used emoji, good art, CA starts with LoL, heavily pushed
$culture -> hit $1m , "Men Of Culture", popular sentence on twitter, CTO
$cope -> hit $1m , good meme, good team
$valhalla -> hit $300k , "We are going to Valhalla"
Shrek Memes
$shrek -> hit $750k , popular shrek smile gif, CTO, old coin (14th pumpfun coin ever created)
$donkeh -> hit $400k , old coin got revived cause $shrek was running
Bobo On Sol Launch
$bobo -> hit $3 .75m, "Bobo The Bear", popular meme
- The one on eth is sitting at $90m
- Has been launched on sol a bunch of times already, but none ever stuck
- $mumu on sol has been running lately
- $mumu on sol was launched after the one on eth but surpassed it by far
- $mumu (on sol) flips $bobo (on eth)
Dog Memes
$boppy -> $730k to $1 .6m (2.19x), CTO
$goldy -> hit $2 .26m, golden retriever, very good team
$mooni -> hit $1m , CTO
$magy -> hit $316k , MAGA (Trump's slogan) + dog, good community
$illusion -> hit $310k , good volume
Cat Memes
$mini -> $1 .9m to $22 .6m (11.89x from the low), continues to push, team has a lot planned
$garfi -> hit $1 .3m, based on Garfield
$twinny -> hit $580k , twin cats
$schizo -> hit $500k , CTO
$richi -> hit $460k , "The Richest Cat In Crypto", CTO
$tweakin -> hit $400k , Tripped out cat, "DTO - Dev Take over" lol
$goat -> hit $400k , "Goated", tiktok memes like $aura are pushing, derivatives will follow, cat in a goat costume, CTO
$shiny -> hit $295k , CTO, a shiny cat
More Cooks
$time -> $500k to $2 .45m (4.9x), launched on moonshot
$peanie -> $1 .25m to $10m (8x), chart pushed hard today, penguin meme
$bill -> hit $20m , "Bill The Bear", pushed by KOLs, hyped launch
$meat -> hit $1 .1m, based on
blknoiz06, NSFW
$trett -> hit $675k , trump + $brett
$stick -> hit $640k , "Gas Powered Stick", funny meme
$bloom -> hit $300k , 4chan meme
$it -> hit $285k , simple but good art
Coming into the weekend, I expect things to become even more PvP, focus on protecting your money
Relax on the weekend, lock in for Monday 🤝
$sol pumping -> good for our bags
Volume was mid today, but still had a decent amount of runners
Runner Of The Day
$ponzi -> hit $15 .8m, J.Ponzi.Morgan
- Launched by the same guy that pushed $dog to $9m +
- 70% of supply locked for 100 years
- This took most of the liquidity today
Good Memes
$lol -> hit $8 .35m, most used emoji, good art, CA starts with LoL, heavily pushed
$culture -> hit $1m , "Men Of Culture", popular sentence on twitter, CTO
$cope -> hit $1m , good meme, good team
$valhalla -> hit $300k , "We are going to Valhalla"
Shrek Memes
$shrek -> hit $750k , popular shrek smile gif, CTO, old coin (14th pumpfun coin ever created)
$donkeh -> hit $400k , old coin got revived cause $shrek was running
Bobo On Sol Launch
$bobo -> hit $3 .75m, "Bobo The Bear", popular meme
- The one on eth is sitting at $90m
- Has been launched on sol a bunch of times already, but none ever stuck
- $mumu on sol has been running lately
- $mumu on sol was launched after the one on eth but surpassed it by far
- $mumu (on sol) flips $bobo (on eth)
Dog Memes
$boppy -> $730k to $1 .6m (2.19x), CTO
$goldy -> hit $2 .26m, golden retriever, very good team
$mooni -> hit $1m , CTO
$magy -> hit $316k , MAGA (Trump's slogan) + dog, good community
$illusion -> hit $310k , good volume
Cat Memes
$mini -> $1 .9m to $22 .6m (11.89x from the low), continues to push, team has a lot planned
$garfi -> hit $1 .3m, based on Garfield
$twinny -> hit $580k , twin cats
$schizo -> hit $500k , CTO
$richi -> hit $460k , "The Richest Cat In Crypto", CTO
$tweakin -> hit $400k , Tripped out cat, "DTO - Dev Take over" lol
$goat -> hit $400k , "Goated", tiktok memes like $aura are pushing, derivatives will follow, cat in a goat costume, CTO
$shiny -> hit $295k , CTO, a shiny cat
More Cooks
$time -> $500k to $2 .45m (4.9x), launched on moonshot
$peanie -> $1 .25m to $10m (8x), chart pushed hard today, penguin meme
$bill -> hit $20m , "Bill The Bear", pushed by KOLs, hyped launch
$meat -> hit $1 .1m, based on
blknoiz06, NSFW
$trett -> hit $675k , trump + $brett
$stick -> hit $640k , "Gas Powered Stick", funny meme
$bloom -> hit $300k , 4chan meme
$it -> hit $285k , simple but good art
Coming into the weekend, I expect things to become even more PvP, focus on protecting your money
Relax on the weekend, lock in for Monday 🤝
2 months ago
Daily Memecoin Recap - July 13
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? 👀
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? 👀
