6 days ago
πΊπΈ Gary Gensler Under Investigation by Congress. SEC May Have Screened Hires Based on Candidates' Political Affiliation.
Released emails show that the director of the Trading and Markets division of the SECGov , Dr Haoxiang Zhu, allegedly made comments suggesting selection based on political affiliation π
The House of Representatives believes that an investigation is necessary to verify a possible discriminatory recruitment policy.
If proven, this could constitute a violation of the Civil Service Reform Act 1978 βοΈ
Released emails show that the director of the Trading and Markets division of the SECGov , Dr Haoxiang Zhu, allegedly made comments suggesting selection based on political affiliation π
The House of Representatives believes that an investigation is necessary to verify a possible discriminatory recruitment policy.
If proven, this could constitute a violation of the Civil Service Reform Act 1978 βοΈ
9 days ago
After the euphoric highs of Q2, fear and doubt have crept back into crypto markets in recent months.
Amidst the uncertainty Solanaβs DeFi ecosystem has shed layers of TVL (Total Value Locked), with the majority of protocolβs 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
Solanaβs 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 Solanaβs 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 Jupiterβs TVL has risen by 47.22% in the last 30 days. However, this increase is due to the popular analytics platform integrating $jupSOL into Jupiterβs 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 Jupiterβs 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 DeFiβs most solid performers throughout Q3βs 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 Solanaβs 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
Jupiterβs perpetual DEX platform shows no sign of relinquishing its iron grip on derivatives dominance. One of Solanaβs largest DeFi protocols, Jupiterβs 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 Jupiterβs $15 .1B. Itβs worth noting that Hyperliquidβs high volume could attributed to its points program, which is expected to influence token allocations ahead of the protocolβs upcoming airdrop
Amidst the uncertainty Solanaβs DeFi ecosystem has shed layers of TVL (Total Value Locked), with the majority of protocolβs 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
Solanaβs 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 Solanaβs 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 Jupiterβs TVL has risen by 47.22% in the last 30 days. However, this increase is due to the popular analytics platform integrating $jupSOL into Jupiterβs 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 Jupiterβs 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 DeFiβs most solid performers throughout Q3βs 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 Solanaβs 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
Jupiterβs perpetual DEX platform shows no sign of relinquishing its iron grip on derivatives dominance. One of Solanaβs largest DeFi protocols, Jupiterβs 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 Jupiterβs $15 .1B. Itβs worth noting that Hyperliquidβs high volume could attributed to its points program, which is expected to influence token allocations ahead of the protocolβs upcoming airdrop
9 days ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.
These are the assets that have caught the attention of Crypto's Wall Street whisperer π
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, itβs a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that weβre in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. π
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
These are the assets that have caught the attention of Crypto's Wall Street whisperer π
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, itβs a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that weβre in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. π
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
10 days ago
A lil weekly recap on #btc
β’ Analysts: US Fed rate cut could push Bitcoin down 20%
β’ Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
β’ Samson Mow: Bitcoin bears base $40K prediction on 'self induced fear'
β’ Trump vows to make US βworld capital of crypto,β taps Musk for new task force
β’ Coinbase secures partial victory over SEC in motion to compel discovery
β’ VanEck to shutter Ethereum futures ETF as investors shift to spot ETHV
β’ Report: US companies forecast to buy $10 .3B in Bitcoin over next 18 months
β’ Crypto venture capital funding surges to $633M in August rebound
β’ Chainalysis says Russiaβs crypto infrastructure aims to skirt Western sanctions
β’ Monochrome confident as it files for Australiaβs first ETF to hold Ether directly
β’ Binance CEO says CZ is banned from managing or operating the exchange
β’ Outlier Ventures says four-year cycle is dead after bitcoin's 'worst price performance following any halving to date.
β’ Analysts: US Fed rate cut could push Bitcoin down 20%
β’ Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
β’ Samson Mow: Bitcoin bears base $40K prediction on 'self induced fear'
β’ Trump vows to make US βworld capital of crypto,β taps Musk for new task force
β’ Coinbase secures partial victory over SEC in motion to compel discovery
β’ VanEck to shutter Ethereum futures ETF as investors shift to spot ETHV
β’ Report: US companies forecast to buy $10 .3B in Bitcoin over next 18 months
β’ Crypto venture capital funding surges to $633M in August rebound
β’ Chainalysis says Russiaβs crypto infrastructure aims to skirt Western sanctions
β’ Monochrome confident as it files for Australiaβs first ETF to hold Ether directly
β’ Binance CEO says CZ is banned from managing or operating the exchange
β’ Outlier Ventures says four-year cycle is dead after bitcoin's 'worst price performance following any halving to date.
18 days ago
πΊπΈ Donald Trump was "orange plundered" by 3 friends from Puerto Rico.
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-LΓ³pez, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-LΓ³pez, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
22 days ago
ποΈ A documentary on Ripple's XRP will be released in November 2024 on Apple TV and Amazon.
Fruition Productions, a Los Angeles-based film and video game studio, is set to release a documentary βXRP Unleashed,β focusing on the token.
Ripple CTO David Schwartz will appear in the documentary, although the CEO himself has denied any involvement.
https://x.com/fruition_fil...
Fruition Productions, a Los Angeles-based film and video game studio, is set to release a documentary βXRP Unleashed,β focusing on the token.
Ripple CTO David Schwartz will appear in the documentary, although the CEO himself has denied any involvement.
https://x.com/fruition_fil...
30 days ago
Eric Balchunas an ETF analyst stated that Solana ETF filings never made it past Step 2, as the SEC failed to acknowledge them, leading exchanges to withdraw their
19b-4s
βa "snowball's chance in hell" of approval without a leadership change.
19b-4s
βa "snowball's chance in hell" of approval without a leadership change.
1 month ago
βͺ In Colorado, a group of churches tokenizes a chapel worth $2 .5 million.
It could be the world's first tokenized church.
A network of affiliated church groups called the Colorado House of Prayer has tokenized its main chapel in an effort to purchase the building for $2 .5 million.
Pastor Blake Bush said he was compelled by a higher power to use blockchain technology as a tool to advance the group's mission.
βI heard the Lord say, tokenize the buildingβ
It could be the world's first tokenized church.
A network of affiliated church groups called the Colorado House of Prayer has tokenized its main chapel in an effort to purchase the building for $2 .5 million.
Pastor Blake Bush said he was compelled by a higher power to use blockchain technology as a tool to advance the group's mission.
βI heard the Lord say, tokenize the buildingβ
1 month ago
1 month ago
gn gn gn:) I spend all my time on my telegram channel now, where I talk about cryptocurrency, link in profile
#gn #crypto @bullverse
#gn #crypto @bullverse
1 month ago
π³π¬ A Nigerian man files a lawsuit to overturn the ban on the possession, use and trading of #Bitcoin in the country.
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
1 month ago
π¨ Technically, Bitcon can Dump at any time π€―
The average Time Frame trend is still largely bearish π
Liquidity is piling up in the south π°
β The entire Fair Value Gap has been filled (including the CME Gap)
Which means that Smart Money has carried out the entire Mitigation of these previous orders which were negative.
This is not only the case on $BTC , but it is also the case on the majority of Altcoins π
πΉ Like $TAO , $SOL , $ETH etc...
So I'm potentially expecting a bearish move now π
π Hopefully this is just a retracement, but the odds aren't looking that way
In view of the Trend which has still not been reversed β
The average Time Frame trend is still largely bearish π
Liquidity is piling up in the south π°
β The entire Fair Value Gap has been filled (including the CME Gap)
Which means that Smart Money has carried out the entire Mitigation of these previous orders which were negative.
This is not only the case on $BTC , but it is also the case on the majority of Altcoins π
πΉ Like $TAO , $SOL , $ETH etc...
So I'm potentially expecting a bearish move now π
π Hopefully this is just a retracement, but the odds aren't looking that way
In view of the Trend which has still not been reversed β
1 month ago
π¨ BlackRock files application with SEC to allow options trading on its Ethereum spot ETF
1 month ago
NFT.Storage now supports NFTs on Solana, offering creators a one-time backup fee model, powered by IPFS and Filecoin.
1 month ago
β‘οΈ Binance saw a net inflow of $2 .23 billion in the past 24 hours, according to DefiLlama.
Trading volume on CEX was also one of the highest in 2024.
Have you also benefited from the fall in prices? π§
Trading volume on CEX was also one of the highest in 2024.
Have you also benefited from the fall in prices? π§
2 months ago
I need a model to film an epic car content video for me this month.
Suggestions?
Will be super viral. Must have a nice speaking voice/accent.
No adult actresses though.
DMs open.
Suggestions?
Will be super viral. Must have a nice speaking voice/accent.
No adult actresses though.
DMs open.
2 months ago
βοΈ The SEC has notified Binance that it intends to seek leave to amend its complaint, including βthird-party crypto asset securitiesβ as defined in the Motion to Dismiss.
As a reminder, the SEC sued Binance, defining SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities. This amendment could modify these definitions.
As a reminder, the SEC sued Binance, defining SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities. This amendment could modify these definitions.
2 months ago
π¨ There are some who say "there will be no ETF #Solana ".
I think they didn't get the info that a month ago ARK 21Shares and VanEck submitted an ETF application for #Solana .
π As a reminder:
πΈ Cboe has confirmed plans by two asset managers, VanEck and 21Shares, to launch an ETF based on #Solana .
πΈ They filed a 19b-4 filing with the SEC to list these spot ETFs.
πΈ The SEC has 240 days to approve or deny these products
I think they didn't get the info that a month ago ARK 21Shares and VanEck submitted an ETF application for #Solana .
π As a reminder:
πΈ Cboe has confirmed plans by two asset managers, VanEck and 21Shares, to launch an ETF based on #Solana .
πΈ They filed a 19b-4 filing with the SEC to list these spot ETFs.
πΈ The SEC has 240 days to approve or deny these products
2 months ago
What I find brilliant and at the same time completely crazy with the Crypto ecosystem π€―
There are projects for absolutely everyone and all investor profiles π
Both at the level of "domains" treated such as DePin, AI, RWA, DeFi, socialfi, supply chain, L1 and L2,...
Only more "calm" and serious projects compared to completely crazy and degenerate projects as possible π
So there really is something for everyone!
So yes, that doesn't mean that everyone will be a winner, quite the contrary.
But this allows everyone to make their own decisions and choices in any case.
Having the freedom to choose remains the greatest freedom πͺ
There are projects for absolutely everyone and all investor profiles π
Both at the level of "domains" treated such as DePin, AI, RWA, DeFi, socialfi, supply chain, L1 and L2,...
Only more "calm" and serious projects compared to completely crazy and degenerate projects as possible π
So there really is something for everyone!
So yes, that doesn't mean that everyone will be a winner, quite the contrary.
But this allows everyone to make their own decisions and choices in any case.
Having the freedom to choose remains the greatest freedom πͺ
2 months ago
Jito, the leading Solana DeFi protocol with over $2 billion in Total Value Locked (TVL), has officially entered the restaking market, fulfilling weeks of anticipation and speculation.
The foundation recently announced the release of Jito Re-staking, an open-source, hybrid staking,
re-staking, and Liquid Re-staking Token (LRT) module designed for the Solana blockchain.
The foundation recently announced the release of Jito Re-staking, an open-source, hybrid staking,
re-staking, and Liquid Re-staking Token (LRT) module designed for the Solana blockchain.
2 months ago
Daily Memecoin Recap - July 24
Despite stocks being down heavy on the day, $sol was pretty stable
Have a look at what happened π
Runners Of The Day
$eggy -> hit $5 .3m, literally an egg
$alpha -> hit $5m , KOLs onboard
$mystic -> hit $3 .3m, CTO, heavily pushed on twitter
$noah -> hit $1 .9m, CTO, pushed by lots of groups as " the next $billy "
Shape Meta
$circle -> hit $470k , literally just a circle
- Kickstarted the shape meta
- Plenty of shapes were launching on pump fun
- Square, triangle, star were some betas
Midget Olympics
$mog -> hit $3 .2m, their twitter says it all midget_olympics
Mystery Launch
$fried -> hit $4m
- These hyped launches always have an initial run-up due to hype & snipes
- They tend to die down after that unless the team has capital & a solid plan (this one is holding decently)
Smoking Chicken Fish Pushes
$scf -> $2 .6m to $24 .5m (9.42x), pushed by KOLs
Teams w/ Large Capital
$bill -> $24 .7m to $46 .6m (1.88x), Bill The Bear
$clown -> hit $87m
$parry -> hit $36m , very good team, good bird meme
Cat Memes
$ily -> $4 .21m to $13 .87m (3.29x), great CTO team
$fc -> $750k to $1 .78m (2.37x), "Floki Cat"
$bullish -> hit $1 .1m, Cat + Bull = Bullish, CTO
$skullcat -> hit $500k
$chiti -> hit $374k , CTO
$magic -> hit $324k , "Magic Cat"
$charm -> hit $315k , CTO
$gracie -> hit $237k , viral tiktok cat
Zoomer Memes
$hmu -> $20k to $1 .15m (57x), "hit me up"
$brat -> hit $6m , "Brat Summer"
$based -> hit $1 .95m, slang used all over social media
$omg -> hit $485k , "On My Grind"
$gac -> hit $360k , "Goofy Ahh Coin"
More Cooks
$selfie -> $590k to $32 .7m (55x from the low), back from the dead
$guzuta -> $444k to $2 .17m (4.88x)
$taddy -> $50k to $615k (12.3x), "Daddy Trump", $daddy (Andrew Tate's coin) + Trump
$knight -> hit $1 .22m, "Fallen Knight", medieval meme
$csfm -> hit $450k , "Church of the flying spaghetti monster"
$gator -> hit $350k , instantly filled on pump fun, CTO
$crashout -> hit $240k , good meme
Traders are getting more experienced, scalpers are emerging since people don't hold trades for long
Most coins go to zero within 1 hour, remember to never become a community member
Despite stocks being down heavy on the day, $sol was pretty stable
Have a look at what happened π
Runners Of The Day
$eggy -> hit $5 .3m, literally an egg
$alpha -> hit $5m , KOLs onboard
$mystic -> hit $3 .3m, CTO, heavily pushed on twitter
$noah -> hit $1 .9m, CTO, pushed by lots of groups as " the next $billy "
Shape Meta
$circle -> hit $470k , literally just a circle
- Kickstarted the shape meta
- Plenty of shapes were launching on pump fun
- Square, triangle, star were some betas
Midget Olympics
$mog -> hit $3 .2m, their twitter says it all midget_olympics
Mystery Launch
$fried -> hit $4m
- These hyped launches always have an initial run-up due to hype & snipes
- They tend to die down after that unless the team has capital & a solid plan (this one is holding decently)
Smoking Chicken Fish Pushes
$scf -> $2 .6m to $24 .5m (9.42x), pushed by KOLs
Teams w/ Large Capital
$bill -> $24 .7m to $46 .6m (1.88x), Bill The Bear
$clown -> hit $87m
$parry -> hit $36m , very good team, good bird meme
Cat Memes
$ily -> $4 .21m to $13 .87m (3.29x), great CTO team
$fc -> $750k to $1 .78m (2.37x), "Floki Cat"
$bullish -> hit $1 .1m, Cat + Bull = Bullish, CTO
$skullcat -> hit $500k
$chiti -> hit $374k , CTO
$magic -> hit $324k , "Magic Cat"
$charm -> hit $315k , CTO
$gracie -> hit $237k , viral tiktok cat
Zoomer Memes
$hmu -> $20k to $1 .15m (57x), "hit me up"
$brat -> hit $6m , "Brat Summer"
$based -> hit $1 .95m, slang used all over social media
$omg -> hit $485k , "On My Grind"
$gac -> hit $360k , "Goofy Ahh Coin"
More Cooks
$selfie -> $590k to $32 .7m (55x from the low), back from the dead
$guzuta -> $444k to $2 .17m (4.88x)
$taddy -> $50k to $615k (12.3x), "Daddy Trump", $daddy (Andrew Tate's coin) + Trump
$knight -> hit $1 .22m, "Fallen Knight", medieval meme
$csfm -> hit $450k , "Church of the flying spaghetti monster"
$gator -> hit $350k , instantly filled on pump fun, CTO
$crashout -> hit $240k , good meme
Traders are getting more experienced, scalpers are emerging since people don't hold trades for long
Most coins go to zero within 1 hour, remember to never become a community member
2 months ago
Nate Geraci, President of the ETF store, predicts that
"an ETF issuer will file for combined spot BTC, ETH, and SOL ETF in the next few months."
"an ETF issuer will file for combined spot BTC, ETH, and SOL ETF in the next few months."
2 months ago
Daily Memecoin Recap - July 21
Great volume today as $sol reaches $185
Plenty of metas emerged
Elon Musk Changes His Profile Pic
$dmaga -> hit $76m , "Dark MAGA", Elon's new pfp was made by the people behind this coin, plenty of whales involved
$darkelon -> hit $3 .6m, @elonmusk 's new pfp has a dark filter
$laser -> hit $3 .3m, "Laser Eyes"
- Elon's new pfp is him with a dark filter and laser eyes
- $dmaga drained a lot of liquidity from the market
Betas Emerge from Dark MAGA
$lmaga -> hit $330k , "Light MAGA"
$dpepe -> hit $313k , "Dark Pepe"
Joe Biden Withdraws From Presidential Election
$boden -> $17 .8m to $5 .48m (-69%), down 99%+ from All Time High, redacted JoeBiden
$joever -> $520k to $2 .88m (5.53x), "It's Joever"
$byeden -> hit $1 .4m
Kamala Harris Coins
$kama -> $10 .15m to $30 .5m (3x), redacted KamalaHarris
$kto -> hit $1 .8m, "Kamala Take Over", Kamala + CTO wordplay
$cumala -> hit $1 .2m, "Cumala Whoris"
$KaBooty -> hit $349k
Mini Breaks ATH
$mini -> $1 .9m to $32 .8m (17.3x from the low)
$bigi -> $6k to $1 .69m (281x), mini derivative, was a dead coin that got CTO'd & onboarded some KOLs
Zoomer Memes
$trench -> $115k to $1 .15m (10x), "The Trenches"
$chance -> hit $320k , "Take A Chance", popular sentence on twitter
Popcat Is The First Cat Meme To hit $1b MC
$popcat -> hit 1.02b
Cat Memes
$ily -> $52k to $3 .5m (67x), CTO, cute cat
$mew -> $293m to $684m (2.33x), finally broke a recent high
$baba -> hit $858k , small cat
$mavis -> hit $410k , tiktok cat
$jamie -> hit $360k
$beami -> hit $310k
Dog Memes
$billy -> $93m to $224m (2.4x), continues to make new ATH's
$popdog -> $1m to $6 .3m (6.3x), $popcat derivative
$ray -> hit $2 .1m, CTO
$boo -> hit $1 .4m, hyped launch
More Cooks
$mother -> $27 .7m to $90 .2m (3.25x), IGGYAZALEA
still putting in work
$bear -> $7 .2m to $23 .6m (3.27x), new ATH
$autism -> $4 .14m to $7 .38m (1.78x)
$ethereum -> hit $3 .5m, "Ethereum On Solana"
$alpha -> hit $950k , CTO, pushed by KOLs on twitter
$down -> hit $455k
$hawkptah -> hit $446k , based on elonmusk's tweet
$nuts -> hit $430k
$larry -> hit $286k , Based on Larry Fink (CEO of BlackRock)
This week is looking like it's going to be VERY good
If majors continue to pump, there's going to be more quality launches
If you weren't locked in before, now's your chance π
Great volume today as $sol reaches $185
Plenty of metas emerged
Elon Musk Changes His Profile Pic
$dmaga -> hit $76m , "Dark MAGA", Elon's new pfp was made by the people behind this coin, plenty of whales involved
$darkelon -> hit $3 .6m, @elonmusk 's new pfp has a dark filter
$laser -> hit $3 .3m, "Laser Eyes"
- Elon's new pfp is him with a dark filter and laser eyes
- $dmaga drained a lot of liquidity from the market
Betas Emerge from Dark MAGA
$lmaga -> hit $330k , "Light MAGA"
$dpepe -> hit $313k , "Dark Pepe"
Joe Biden Withdraws From Presidential Election
$boden -> $17 .8m to $5 .48m (-69%), down 99%+ from All Time High, redacted JoeBiden
$joever -> $520k to $2 .88m (5.53x), "It's Joever"
$byeden -> hit $1 .4m
Kamala Harris Coins
$kama -> $10 .15m to $30 .5m (3x), redacted KamalaHarris
$kto -> hit $1 .8m, "Kamala Take Over", Kamala + CTO wordplay
$cumala -> hit $1 .2m, "Cumala Whoris"
$KaBooty -> hit $349k
Mini Breaks ATH
$mini -> $1 .9m to $32 .8m (17.3x from the low)
$bigi -> $6k to $1 .69m (281x), mini derivative, was a dead coin that got CTO'd & onboarded some KOLs
Zoomer Memes
$trench -> $115k to $1 .15m (10x), "The Trenches"
$chance -> hit $320k , "Take A Chance", popular sentence on twitter
Popcat Is The First Cat Meme To hit $1b MC
$popcat -> hit 1.02b
Cat Memes
$ily -> $52k to $3 .5m (67x), CTO, cute cat
$mew -> $293m to $684m (2.33x), finally broke a recent high
$baba -> hit $858k , small cat
$mavis -> hit $410k , tiktok cat
$jamie -> hit $360k
$beami -> hit $310k
Dog Memes
$billy -> $93m to $224m (2.4x), continues to make new ATH's
$popdog -> $1m to $6 .3m (6.3x), $popcat derivative
$ray -> hit $2 .1m, CTO
$boo -> hit $1 .4m, hyped launch
More Cooks
$mother -> $27 .7m to $90 .2m (3.25x), IGGYAZALEA
still putting in work
$bear -> $7 .2m to $23 .6m (3.27x), new ATH
$autism -> $4 .14m to $7 .38m (1.78x)
$ethereum -> hit $3 .5m, "Ethereum On Solana"
$alpha -> hit $950k , CTO, pushed by KOLs on twitter
$down -> hit $455k
$hawkptah -> hit $446k , based on elonmusk's tweet
$nuts -> hit $430k
$larry -> hit $286k , Based on Larry Fink (CEO of BlackRock)
This week is looking like it's going to be VERY good
If majors continue to pump, there's going to be more quality launches
If you weren't locked in before, now's your chance π
2 months ago
Friday Bull Payday !
Enjoy your Bull rewards, they are on the way - check your wallet today!
Keep interacting with the platform to earn more!
Post great content!
Share meaningful replies!
Don't try to farm; you will be blacklisted from the leaderboard.
Side note: The BullVerse ship is about to take off!
Get ready.
If you are on the list below, you will not receive any rewards. We warned everyone to update their wallet address on their profile - just do that to be part of next week's payout !
Enjoy your Bull rewards, they are on the way - check your wallet today!
Keep interacting with the platform to earn more!
Post great content!
Share meaningful replies!
Don't try to farm; you will be blacklisted from the leaderboard.
Side note: The BullVerse ship is about to take off!
Get ready.
If you are on the list below, you will not receive any rewards. We warned everyone to update their wallet address on their profile - just do that to be part of next week's payout !
2 months ago
Crypto Community Smug About Global IT Outage, But Does Blockchain Actually Fix This?
A software bug invoked international hysteria when a bug in a Windows content update shut down banks, airlines, and emergency services.
Showcasing the worldβs reliance on centralized systems, a global IT outage brought the world to its knees. Across the planet, major service providers like banks, supermarkets, and logistics companies found themselves unable to operate, causing significant disruption.
Eager to prove its relevance, the crypto community was quick to launch a tirade of smug comments. βCrypto fixes thisβ was heard across social media platforms, with crypto advocates championing blockchain as an obvious solution to singular points of failure.
But is that truly the case? While decentralization aims to eliminate centralized points of failure, would blockchain solutions actually have prevented this widespread technical meltdown?
What Happened?
The chaos began when CrowdStrike, a cybersecurity provider, pushed a defective single content update to Windows hosts. The bug affected millions of Microsoft Windows devices all over the world, causing infinite reboot loops and leaving users staring at Windowsβ infamous BSoD (Blue Screen of Death).
Attempting to bring clarity to the situation CrowdStrike CEO George Kurtz, released a statement on π. Assuring affected users that βthis is not a security incident or cyberhackβ, the CEO claims that βthe issue has been identified, isolated, and a fix has been deployedβ.
While Kurtz has indicated that a fix has been deployed, Windows users globally report still being unable to access their devices.
Fortunately, savvy developers were on hand to remedy the situation and provide timely solutions.
Affected users can reboot their Windows devices in Safe Mode and delete the defective update file, or wait until CrowdStrike implemented resolution is distributed.
CRWD stock
In traditional markets, CrowdStrike stock (CRWD) suffered a crippling blow, down 8.82% in todayβs trading, based on NASDAQ data. While this might seem insignificant when compared to cryptoβs volatility, price movements of this scale are uncommon in traditional markets.
Does Crypto Really Fix This?
The crypto community wasted no time calling out the flaws of centralized systems and singular points of failure. Citing mass outages like todayβs as evidence that decentralized systems are the future of infrastructure, crypto advocates were quick to leverage the event as an example of βBitcoin fixes thisβ.
However, not all pockets of the crypto community were in agreement. Several blockchain developers and engineers highlighted that in this specific example, pushing bugged code to production would likely have the same effect to blockchain networks.
Despite the specifics and technicalities, the event serves as a powerful reminder of the flaws in centralized services and singular points of failure. Commentators remarked that societyβs reliance on centralized companies and infrastructure providers doesnβt bode well for our future.
This belief reinforces the viability of DePin technology, which aims to distribute services across a variety of independent providers and establish more secure and reliable infrastructure. Frank Mathis, founder of GenesysGo, highlights the importance of conducting rigorous security checks before pushing software updates.
Cryptocurrency and blockchain technology may not have been a direct solution to this particular problem. However, global outages like the CrowdStrike defect help to promote discussion around the benefits of decentralization and distributed systems.
A software bug invoked international hysteria when a bug in a Windows content update shut down banks, airlines, and emergency services.
Showcasing the worldβs reliance on centralized systems, a global IT outage brought the world to its knees. Across the planet, major service providers like banks, supermarkets, and logistics companies found themselves unable to operate, causing significant disruption.
Eager to prove its relevance, the crypto community was quick to launch a tirade of smug comments. βCrypto fixes thisβ was heard across social media platforms, with crypto advocates championing blockchain as an obvious solution to singular points of failure.
But is that truly the case? While decentralization aims to eliminate centralized points of failure, would blockchain solutions actually have prevented this widespread technical meltdown?
What Happened?
The chaos began when CrowdStrike, a cybersecurity provider, pushed a defective single content update to Windows hosts. The bug affected millions of Microsoft Windows devices all over the world, causing infinite reboot loops and leaving users staring at Windowsβ infamous BSoD (Blue Screen of Death).
Attempting to bring clarity to the situation CrowdStrike CEO George Kurtz, released a statement on π. Assuring affected users that βthis is not a security incident or cyberhackβ, the CEO claims that βthe issue has been identified, isolated, and a fix has been deployedβ.
While Kurtz has indicated that a fix has been deployed, Windows users globally report still being unable to access their devices.
Fortunately, savvy developers were on hand to remedy the situation and provide timely solutions.
Affected users can reboot their Windows devices in Safe Mode and delete the defective update file, or wait until CrowdStrike implemented resolution is distributed.
CRWD stock
In traditional markets, CrowdStrike stock (CRWD) suffered a crippling blow, down 8.82% in todayβs trading, based on NASDAQ data. While this might seem insignificant when compared to cryptoβs volatility, price movements of this scale are uncommon in traditional markets.
Does Crypto Really Fix This?
The crypto community wasted no time calling out the flaws of centralized systems and singular points of failure. Citing mass outages like todayβs as evidence that decentralized systems are the future of infrastructure, crypto advocates were quick to leverage the event as an example of βBitcoin fixes thisβ.
However, not all pockets of the crypto community were in agreement. Several blockchain developers and engineers highlighted that in this specific example, pushing bugged code to production would likely have the same effect to blockchain networks.
Despite the specifics and technicalities, the event serves as a powerful reminder of the flaws in centralized services and singular points of failure. Commentators remarked that societyβs reliance on centralized companies and infrastructure providers doesnβt bode well for our future.
This belief reinforces the viability of DePin technology, which aims to distribute services across a variety of independent providers and establish more secure and reliable infrastructure. Frank Mathis, founder of GenesysGo, highlights the importance of conducting rigorous security checks before pushing software updates.
Cryptocurrency and blockchain technology may not have been a direct solution to this particular problem. However, global outages like the CrowdStrike defect help to promote discussion around the benefits of decentralization and distributed systems.
2 months ago
2 months ago
Automated scalping strategy update #3
As expected, I was able to gain very good insights with the actual market conditions
β³ With many red trades, I realized many errors were left into the code, I had to really carefully examine the trades and this allowed me better positionning for lower volume market conditions.
β³ By reducing the amount of trades with important filters, we can have a higher ratio of winners vs losers.
β³ Security and momentum are the key components of the strategy, since I am not sniping tokens launch.
β³ How to find good momentum will follow in another update.
As expected, I was able to gain very good insights with the actual market conditions
β³ With many red trades, I realized many errors were left into the code, I had to really carefully examine the trades and this allowed me better positionning for lower volume market conditions.
β³ By reducing the amount of trades with important filters, we can have a higher ratio of winners vs losers.
β³ Security and momentum are the key components of the strategy, since I am not sniping tokens launch.
β³ How to find good momentum will follow in another update.
