Daily Memecoin Recap - September 9

Market sentiment could flip bullish at any moment

Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event

Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme

Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold

Doge Team Post
$cate -> hit $511k , posted by $doge team,

Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO

Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO

Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"

Patience & quality over quantity 🤫

Mercuryo, a Web3 payments provider, has announced the rollout of Spend, a virtual debit card promising to streamline crypto payments.

Complete with Apple Pay and Google Pay compatibility, Spend facilitates payments directly from Solana wallets to over 90M Mastercard merchants across the globe.

WHAT IS SPEND??
Mercuryo’s Spend allows wallet apps to integrate virtual Mastercard debit cards directly into their applications. Through the Spend Card, Mercury promises to enable the crypto community to use their crypto assets to “spend on anything. Anytime. Anywhere.”

Spend aims to provide a fast and cost-effective method for crypto users to convert and spend their digital assets from their wallets. Beyond the simplicity of Mastercard, Apple Pay, and Google Pay integration, Spend also offers card customization, meaning wallet providers can incorporate their logos into virtual cards.

Spend is fully self-custodial, meaning users have full control over any assets deposited into the card account. Additionally, the platform offers multi-chain support, including Solana, Ethereum, and PolkaDot.

As part of the announcement, Mercuryo teased that several leading Web3 wallets will be adding Spend in the near future. SolanaFloor engaged Mercuryo for comment on the matter but is yet to receive a response.

Why Web3 Needs Better Off-Ramps
Since the birth of the industry, crypto companies have focused tirelessly on streamlining the flow of funds into decentralized economies. According to Mercuryo, “on-ramping is now a user-friendly process, and users can purchase crypto with ease.”

While onboarding has become easier with exchanges and third-party apps readily available, bringing funds back into the real world still poses significant barriers. Mercuryo argues that the biggest struggles facing crypto off-ramping are:

1. Poor UX of existing solutions - Users need to jump through a variety of hoops to withdraw funds. Many platforms are only available in certain regions and popular offboarding platforms offer limited support outside of mainstream cryptos.

2. Bank restrictions - Traditional banks often block payments from crypto-related companies and freeze accounts suspected of interacting with cryptocurrency.

3. Extortionate fees - Third-party apps and intermediaries can charge high fees on crypto-to-fiat withdrawals, discouraging users from transferring funds.

Slow processing times - After becoming accustomed to rapid, permissionless transfers onchain, crypto-to-fiat withdrawals can feel slow and cumbersome.

While the industry loves to discuss and promote progress and efforts toward crypto onboarding, finding seamless methods of getting funds off-chain is equally important.

Mercuryo’s commitment to simplified crypto off-ramps helps to legitimize digital currencies as meaningful financial tools. Through the Spend card, millions of crypto users may be able to enjoy improved access to their funds in real-world contexts, solidifying the role of cryptocurrency in the Web2 world

🔽 Buffett is selling again

Warren Buffett sold $982 million worth of Bank of America stock today.

We all remember very well what happened recently when Buffett sold a large stake in Apple 📉

🎞️ 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 “XRP Unleashed,” 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...

🚨BREAKING: The #Solana Phantom wallet now allows its users to "top up" to buy crypto with Apple Pay, debit cards, credit cards and bank transfers!!️ 👀

$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!🧍🧍🏿‍♂️🧍‍♀️

📲 Circle to introduce USDC tap-to-pay payments on iPhones.

The company is taking advantage of Apple's opening of NFC chips to third-party developers.

https://www.bloomberg.com/...

Daily Memecoin Recap - August 7

Volume starting to pick up as $btc , $sol recover

Runners Of The Day
$btw -> $1 .6m to $15 .6m (9.75x), banana taped to a wall, after pulling back yesterday, reached new ATH's today, good community
$nani -> hit $3m , KOLs in, dog meme
$minion -> hit $2 .8m, "Jesus Minion Confessions", unique concept where they post people's confessions
$chango -> hit $2 .3m, monkey with a machine gun
$jajak -> hit $1 .4m, funny meme
$tt -> hit $1m , "Thumb Thumb", spy kids meme

Insider Trump Coin
$twc -> hit $5 .5m, "Trumpwifcrown"
- Speculation that this was Trump's coin after Eric Trump's tweet saying "Stay tuned for a big announcement"
- Heavily sniped with insane volume, currently at $50k
- Plenty of smart wallets aped

Kamala Harris Announces Her VP Pick
$coconut -> $5m to $11 .3m (2.26x), KamalaHarris
, cult community, new ATH
$walz -> $315k to $2m (6.35x), based on Tim_Walz

Dog Meta
$wDOG -> $12m to $26m (2.16x), wrapped dog, currently retracing
$bicho -> $93k to $1 .8m (19x), coin out since June but heavily pushed today, $michi beta
$drc -> hit $995k , "Dog Riding Chicken", CTO
$pitbull -> hit $720k
$pooku -> hit $645k , CTO
$borf -> hit $475k , cartoon dog
$waffles -> hit $220k

Cat Meta
$neo -> hit $1 .8m, "The one", cat + matrix
$apple -> hit $340k , a cat with an apple
$icd -> hit $250k , "International Cat Day" is today

Other Cooks
$fiat -> hit $500k
$sheep -> hit $465k , same dev as $goat which peaked at $45m
$slog -> hit $370k , snail meme
$rockstar -> hit $240k , rock shaped like a star

What did you catch?

Onboarding new users into the crypto space has also been complicated. A mixture of confusing technology and unnecessarily complicated jargon repels newbies from diving into the Web3 world.

Moonshot, a new mobile app, aims to simplify the entire process. Abstracting away any mention of blockchain technology, Moonshot gives people what they want - quick, simple access to Solana’s meme coin markets.

WHAT IS MOONSHOT?
Moonshot is a simple iOS mobile application that allows users to buy Solana-based meme coins using trusted payment methods. Powered by MoonPay, Moonshot users can fund their accounts directly using Apple Pay, PayPal, and Google Pay, as well as their credit and debit cards.

https://t.co/Pfx4g1HMPv

I’m giving somebody who verifies their account and follows me on this new app 1000 dollars today.

https://apps.apple.com/it/...

. Uniswap Wallet integrates Transak to facilitate fiat-crypto conversions :

Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.

. The Bahamas wants to force local banks to integrate their CBDC :

The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.

. Cometh and Worldcoin collaborate to facilitate account abstraction :

The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.

. Bitfarms increases its production capacity :

In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.

👁 Worldcoin hires former Google, X and Apple executives to strengthen privacy and security.

Tools for Humanity has hired 4 executives to advance its mission to ensure a fairer economic system.

https://www.coindesk.com/b...

People believe that good projects must succeed immediately. These same people think that Meta acquired billions of users in 1 week, and that Apple had a capitalization of over $2 ,000 billion in 2 days. We need to stop being stupid and support projects that are really worthwhile. We're on a social networking project, we need to generate interest, power the platform and even bring in our friends and family. We're not selling a dream, we're selling a baby that we all want to see grow. $BULL

blu chip live on apple stonks