Daily Memecoin Recap - October 30

Seems like AI meta is slowly dying out. What's next? 👀

Luce Gets A New Character
#tenebro -> hit $3m , New Mascot of The Holy Church
#tenebro -> hit $1 .45m
$bope -> hit $284k , based pope
- Tenebro is $LUCE 's nemesis

High Volume
$rzlr -> $2 .1m to $10 .1m (4.8x), viral tiktoker, the rizzler
$xeno -> hit $11 .2m, quote retweeting other people's tweets with AI generated art
$mondo -> hit $4 .6m, unique art
$zuo -> hit $1 .1m, funny meme

Doge Betas
$shibu -> $4 .7m to $12m (2.5x), $doge mascot
#dogenes -> hit $4 .9m, greek philospher $doge
$dogat -> hit $3m , cat version of $doge

Artist Launch
$bflyz -> hit $3 .7m
- bflyzone_

Artificial Intelligence
$avb -> $1 .2m to $8 .3m (6.9x), autonomous virtual beings
#himenoAI -> hit $1 .5m
$moksha -> hit $1 .3m
$bbc -> hit $930k , BBC AI...

Maneki Co-Founder Launch
$thecat -> hit $41m
- Maneki confirmed that one of their co-founders launched his own token

Election Meta
$doge -> $740k to $4 .2m (5.7x), Department of Gov Efficiency
$donkey -> hit $5 .2m, based on KamalaHarris
#republican -> hit $2 .3m
$potus -> hit $1 .6m, President of the United States, realDonaldTrump
#garbage -> hit $1m , United States Of Garbage
- Elections are next week👀

Tee Hee He
$tee -> hit $46 .5m, on $ETH
$tee -> hit $1 .2m, on $SOL , beta to the one above
- Rumored to be truth_terminal's eth coin

More Cooks
$ff -> $500k to $2m (4x), platform that lets you launch a fair coin on pump fun
$toro -> hit $13m , Asian character
$btcat -> hit $7 .5m, first cat on chain
$earl -> hit $3m
$mx -> hit $2 .25m, MX69420, beta to $spx (SPX6900)
$bbydev -> hit $1 .45m, the dev is a baby
$snoo -> hit $1 .34m, reddit mascot
$mikro -> hit $845k , redacted MicroStrategy
$brains -> hit $800k
#ct100 -> hit $488k , CT Index, 100 most influential accounts on CT, unique concept
$batcat -> hit $470k , Halloween meta
$mlnr -> hit $430k , Millionaire
$popbat -> hit $210k , $popcat bat

All eyes on $BTC as we hope it breaks past ATH

Will we continue to have a green Q4?

💼 MicroStrategy recently posted a job opening for a "Bitcoin Advocacy Manager" at MicroStrategy's US headquarters.

Primary responsibilities include leading the planning and execution of the annual Bitcoin for Corporations conference and promoting internal and external education programs for corporate Bitcoin adoption.

📊 MicroStrategy bought Bitcoin 40 times in 4 years, investing nearly $10 billion.

This is a typical example of the DCA strategy

💬 MicroStrategy could soon generate returns by lending its bitcoin holdings.

That's what Mark Palmer of Benchmark thinks

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

🚨 Microstrategy has outperformed both the S& ;P 500 and the Magnificent 7 (Microsoft, Nvidia, Tesla, Meta, Apple, Alphabet and Amazon) since adopting its Bitcoin strategy

🇨🇦 Canadian Bitcoin miner Cathedra Bitcoin completely changes strategy after seven years of mining BTC.

The company is stopping BTC mining to follow MicroStrategy's strategy: acquiring as much Bitcoin as possible on the open market.

Mining has not delivered enough value to shareholders over the past three years, executives say.

“Meanwhile, other listed companies have adopted an explicit policy of increasing bitcoin per share, including MicroStrategy, and have been rewarded by the stock markets.”

Bitcoin Treasuries data shows that the company currently holds 23 Bitcoin, worth $2 .5 million, making it the 45th largest corporate Bitcoin holder.

https://x.com/cathedrabitc...

💸 MicroStrategy will raise between $700 million and $805 million to refinance $500 million in debt and purchase more #bitcoins

🚨 MicroStrategy announces that it has acquired an additional 18,300 BTC for $1 .11 billion ($60.408 per Bitcoin)

🚨 🇳🇴 Norges Bank, which is Norway's central bank and also responsible for the country's sovereign wealth fund, holds over 1.1 million shares of #MicroStrategy .

#Bitcoin

BlackRock and MicroStrategy accumulate more than 570,500 #Bitcoin (+$32,800 million), or about 2.7% of the total maximum offer!!️ 👀

Major firms, including BlackRock, Fidelity, Grayscale, and MicroStrategy, have not sold their Bitcoin despite the market crash.

If you feel bad about this -30% from the top, tell yourself that on August 1, 2024, Microstrategy bought 169 Bitcoin at an average price of $67 ,500!

This represents a temporary loss of approximately $3 million.

But I don't think they have the slightest concern since their objective is long-term accumulation. They bought much lower and also higher, that's the goal of DCA!

🔴 MicroStrategy $MSTR et Coinbase $COIN en baisse respectivement de 24% et 18% en pre-market avant l'ouverture de Wall Street.

🚨 In July, MicroStrategy acquired 169 additional #Bitcoin s for $11 .4 million.

Michael Saylor's company and now holds 226,500 BTC

🚀 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.

Lately we have had:

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

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

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

🔹 A state pension fund invested in #Bitcoin   .

🔹 Whales are massively buying #Bitcoin  

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

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

🔹 Several public companies acquire #Bitcoin   .

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

🔹 Microstrategy buys more #Bitcoin   .

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

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

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

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

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