What is magicblock?

It's a taste of what's to come in the Solana gaming scene 🎮

A beginner's guide to the Onchain Game Engine 👇

Onchain game engines make it easier to build games with no external dependencies beyond their underlying blockchain.

To me, this is one of the most exciting areas of development in crypto today, and that’s why my curiosity was piqued when I recently came across MagicBlock Engine.

MagicBlock is a game engine that’s innovated an Ephemeral Rollups architecture for powering flexible and performant onchain games on Solana.

I think MagicBlock is an interesting look into what's to come in the Solana gaming scene, so let’s catch you up on all the basics.

What Is MagicBlock?
MagicBlock is a gaming framework built on top of Solana, designed to facilitate the development of fully onchain games and apps.

Recently, MagicBlock Engine showcased its capabilities at an a16zcrypto Demo Day event.

The demo featured a real-time, fully onchain game deployed entirely on Solana, and two clients played the game simultaneously with no lag thanks to the MagicBlock’s ability to delegate accounts into fast Solana validators.

What Are Ephemeral Rollups?
MagicBlock extends Solana's capabilities by introducing Ephemeral Rollups (ERs), which are designed to efficiently facilitate state transitions without fragmenting a game’s state.

MagicBlock’s Other Main Features

⚡️ BOLT — A framework that uses the Entity Component System (ECS) pattern to streamline the development of onchain games. It allows developers to quickly create modular, reusable, and extendable game components and logic.

🪪 SOAR — SOAR stands for Solana Onchain Achievement & Ranking. This reputation system lets developers readily define achievements based on onchain activities, track and display user rankings, and deploy rewards.

🔑 Session keys — MagicBlock recently helped add support for session keys in the Solana Unity SDK, making it easier for its game devs to eliminate the need for repeated wallet popups during frequent in-game interactions in a secure fashion.

MagicBlock’s angle is to bypass these fragmentation issues by keeping assets on mainnet Solana, thus maintaining the possibility for atomic composability, while still achieving scalability with ERs. This way you get high throughput, customizable runtimes, and the ability for games and apps to seamlessly interact without needing interoperability solutions.

What to Watch Going Forward?
1. MagicBlock is new and still rearing up. Which onchain game will be the first to officially use this engine?

2. The recent MagicBlock demo achieved 50ms latency, which is competitive with modern gaming standards. Can we expect further optimizations that bring this latency even lower for even better real-time gameplay?

3. Earlier this year, Parallel announced its AI game Colony would be based on Solana. Could the Parallel team adopt MagicBlock Engine to meet its infrastructure needs here?

4. With MagicBlock maintaining assets on the Solana mainnet, developers have the potential for atomic composability. What use cases will emerge from this capability?

5. Onchain games benefit greatly from user-generated content (UGC) and user-generated logic (UGL). Will the SOAR system be used to incentivize these sorts of creations?

The Bottom Line
While MagicBlock is still in its early stages, its potential to catalyze Solana’s fully onchain gaming scene seems considerable, as its Ephemeral Rollups architecture can help it bypass key challenges faced by other gaming engines while still ensuring high performance. Looking ahead, be sure to stay updated on the team’s progress by following them on Twitter— they’re ones to watch in my opinion!

Written by WPeaster

🇩🇪 The German government is again transferring 832 #Bitcoin   to various crypto exchanges.

This represents more than $52 million.

https://platform.arkhamint...

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

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

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

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

❌️ Crypto hacks fell 54.2% in June, representing losses of $176 million over the month.

Losses increased by 115% in Q2 2024 compared to the same period in 2023.

Here are the most bullish narratives you should pay attention this Q3.

🐶 Memes
• $WIF
• $PEPE
• $PEIPEI
• $POPCAT
• $MOG
• $MICHI
• $PONK

🏛️ RWAs
• $ONDO
• $RIO
• $CHEX
• $IXS
• $BOSON
• $LAND

🤖 AIs
• $TAO
• $QUBIC
• $RNDR
• $PAAL
• $ASI
• $FET

🔶 BTCFi
• $STAMP
• $BILLY
• $RSIC
• $PUPS
• $MUBI

⚙️ L1s
• $KAS
• $SOL
• $INJ
• $DIONE
• $ALPH
• $TRIAS
• $TON

🎮 Gaming
• $KARRAT
• $NAKA
• $KATA
• $CROWN
• $METAL
• $BRN
• $UPO

📲Social network

• $BULL

🪙 Others
• $ATOR
• $VELO
• $GHX
• $JASMY
• $CSIX
• $ROSE

Did I miss anything fam?

The strength of the #BullVerse project and the seriousness of the team are reflected in a truly bullish chart.

This one is almost 2 months old and still undervalued. At the time of the big dump, we had support of around 190k, which shows that we have a lot of holder who believe in the project. When I say a lot, it's obviously in relation to the size of the project and its very low capitalization.

What's even more incredible is that we were able to build a solid base even before the bullpad and the influx of so many people.

🔓 More than $755 million worth of tokens will be released in July.

The vesting periods for nearly 40 projects will come to an end, including AltLayer, Xai, Aptos, Arbitrum, Optimism, Sui, Immutable X and Starknet.

The vesting system prevents early investors and team members of a project from selling their tokens by locking them for a given period.

https://cointelegraph.com/...

Serious pump in Solana by over 11% after VanEck announced filing for solana spot ETF.

Daily Memecoin Recap - June 26

We never know how long a hot market will last

Take advantage of all opportunities

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

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

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

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

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

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

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

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

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

Remember to prioritize risk management at all times

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

Happy Trading🤝

Daily Memecoin Recap - June 25

Volume rotates back into memes as $sol pumps

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

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

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

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

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

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

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

When majors pump, memecoin volume increases & vice versa

Daily Memecoin Recap - June 23

Volume continues to decline

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

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

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

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

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

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

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

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

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

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

Lock in

Daily Memecoin Recap - June 19

I missed the animal meta ngl

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

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

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

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

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

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

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

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

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

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

This is usually someone who sold their account

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

Daily Memecoin Recap - June 17

0xKitchen cooked hard

Today was one of the craziest days in a while, you're going to want to read this one

Binance replies about billy
$billy -> hit $65m , CTO
- This meme grasped most of the attention
- It kickstarted the dog meta
- It was CTO'd 10+ times

Memes based on billy
$ouppy -> hit $4 .4m same pic as billy, launched before $billy
$bobby -> hit $3 .4m, golden retriever like $billy
$gireumee -> hit $2m , real name of $billy dog
$niggy -> hit $829k , black $billy

Dog meta resurfaced after $billy 's success
$dbtg -> $478k to $1 .4m (2.93x)
$bicho -> hit $5 .4m, CTO, "bichon frise" dog breed
$doggy -> hit $4 .1m
$willy -> hit $2 .1m, CTO
$milly -> hit $825k
$mocha -> hit $552k , CTO
$grumpo -> hit $500k , good team, infinitely memeable

Donald Trump allegedly launched a coin
$barron -> $1 .2m to $7m (5.8x), Donald Trump's son Barron leading the launch
$djt -> $50k to $4m (80x), old Trump coin pumped on the news
$djt -> hit $450m , believed to be the real one, MartinShkreli said it's real on spaces
$psmdt -> hit $578k , "please save me donald trump"
- PirateWires reports that realDonaldTrump is launching a coin on solana
- Draining liquidity from the market, all eyes on this
- Other Trump coins dumped, since they would become larps of the real one

Mystery launch
$ngmi -> hit $365m
- Extremely anticipated with thousands of members in the telegram pre-launch
- Plenty of KOLs on board

Rizz launch
$rizz -> hit $90m
- Very hyped launch solgotrizz
- Got sniped hard, hence the major retracement

Waka Flocka launches
$flocka -> hit $15 .4m
- WakaFlocka has been teasing for days
- People were looking forward to this launch as he sounded serious about it
- He only posted the contract address when it was already at $5m market cap

Fake Ryan Garcia coin launches
$garcia -> hit $1 .4m
- These fake launches often explode before rugging
- People speculate on these for early entry before the influencer posts the CA RyanGarcia

More cooks
$mgm -> $315k to $2 .1m (6.67x), "most googled man",
$peponke -> hit $4m , $pepe + $ponke
$lulu -> hit $2m , cat coin, 50% burn
$anon -> hit $800k , good art
$camel -> hit $679k , same team as $peipei
$bag -> hit $479k , "Ikea Bag", burnt dev supply
$willy -> hit $454k , same dev as $rif (chinese wif)

Even with $sol dumping, we were blessed with countless opportunities today

Can't wait to see what the rest of the week brings us

What's your game plan for tomorrow?

Good afternoon everyone hope you guys having a bull week 📈
$ZACK is at a great pivot point to get your bags filled holders is growing by the day we are in the accumulation period and when it moves it wil go hyperbolic 🚀💯

With the man leading the way
https://x.com/MrZackMorris...

It's Simple
buy $ZACK
HOLD $ZACK
SHILL $ZACK

Website
https://zackmorris.lol/

Twitter
https://x.com/ZackMorrisSO...

TG
https://t.me/Zackportal
#ZACK #bullish

@TopG decided to support my challange even though I asked of total 5/10$ he contributed 15$, Best dev ever haha. Seriously, Love this guy 💜

we are like nine x2 before the 10000$

Circle recently minted $250 million worth of USDC on the Solana blockchain. This event was detected by Whale Alert and marks a significant move for the USDC stablecoin and the Solana network.

This minting is expected to enhance liquidity within the Solana ecosystem, benefiting various DeFi applications and DEXs that operate on the network.

SolanaPay powered by Helio is a means to pay for goods you purchase using crypto tokens.

It offers merchants perks such as:
•Reduced fees

•Instant payouts

•No chargebacks
&
•Global reach.

SolanaPay has been operating on Shopify and recently, new features have been added to make user experience even better.

Some of these features includes; Acceptance of a wide range of tokens, Stablecoin payouts in various currencies, Sub-1-second transactions, Premium offers for NFT holders and many more.

This form of Crypto Commerce would definitely elevate user buying experience.

Solana mainnet-beta validators have been undergoing an upgrade with about 64% of validators upgraded to v1.18.1

The reason for this as part of the various upgrades in the series of upgrades occuring since April is to improve the network performance and enhance stability.

Trump believes domestic Bitcoin mining will help the U.S. achieve energy dominance. Early Tuesday, Trump met with execs from Nasdaq-listed bitcoin mining firms CleanSpark_Inc and RiotPlatforms, highlighting miners' role in stabilizing the grid.

If you think you missed $GME heres a good opportunity to buyback, accumulate, or average down.

Likely get a nice bounce prior to June 21st

$GME https://www.tradingview.co.../

$GMEonSOL

https://www.tradingview.co.../

$KITTY
https://www.tradingview.co.../

Most bullish on $GMEonSOL because it has the largest community, did $550m 24 hr volume on livestream day and good token distribution

Superior chain?

Jupiter Exchange on Solana has launched the Giant Unified Market (GUM) initiative on the Solana blockchain. The aim of this is to integrate various investments into one market accessible to investors in every niche.

Be it memecoins, RWAS, stocks, forex etc Jupiter and the GUM Alliance are bringing all these assets to Solana, allowing users to transact across all these markets atomically.

Solana has created an avenue for better staking on the blockchain with the launch of Marinade Finance. It's works by routing assets to the best-yielding validators. This offers liquid staking through its mSol token, allowing for flexible staking and integration with various DeFi protocols. There's Over $1 billion worth of assets locked in Marinade Finance's smart contracts

Another innovation Render Network, which decentralizes GPU cloud rendering, continues to grow within the Solana ecosystem. It connects users needing on-demand rendering with high-performance GPU owners, benefiting various industries like gaming and AI.

Solana Foundation has reported over 2,500 monthly active developers, showcasing a strong community growth. Also, New Solana-to-Bitcoin cross-chain bridge, Zeus Network, set to launch in Q3 2024, bridging DeFi, GameFi, and more between various ecosystems

Amongst the various titles it holds and various records broken, Solana has surpassed all other blockchains in the number of new tokens being created.

541K new SPL tokens were created on @solana just in within the month of May amid the whole Memecoin mania.

Keith Gill(Roaring Kitty)made a post of his $180 Million GameStop Bet Meme Stock on Reddit.

This has fueled a 300% Surge in various Solana-Based Meme Coins.

Hottest projects I've seen in various narratives

DeFi --$TARA

SocialFi -- $LINGO

Gamefi -- $PIXEL

RWA -- $SKEY

DEPIN -- $WIFI

I'm i right??

The decentralized exchange $BLUM has been making serious waves with their mini telegram app for farming points until they eventually launch the mobile app.

BLUM exchange provides access to tokens from both CEX/DEX, plus simplified derivatives trading

To start farming,
1. Enter through the link (https://t.me/BlumCryptoBot) and start the bot.

2. Get registered!

3. Click the farm button to start earning points

4. Check in periodically to claim your points 😎

Sometimes, invite friends, do tasks, and earn more points 💪😄

Is it just to win elections or is it serious in your opinion?