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Mello
2 days ago
Daily Memecoin Recap - June 29

Weekends are best to touch grass

Low volume - Market is very PvP

Billy Wants All-Time-High
$billy -> $24m to $88m (3.67x from the low)

Billy Deployer Wallet Private Key Leaked
$silly -> $980k , CTO, launched on $billy 's deployer wallet

Popcat Continues Pushing
$popcat -> $211m to $663m (3.14x from the low)

Soulja Boy Comeback
$sboy -> $1m to $6m (6x),

Dog Memes
$chucky -> hit $2m , normie meme
$dilly -> hit $1 .7m
$nelly -> hit $922k , CTO
$bilchi -> hit $500k , $michi derivative

Cat Memes
$itty -> $145k to $950k (6.55x)
$cat -> hit $3 .4m, Lion Cat
$yami -> hit $473k

Long Term Holds
$retardio -> $12 .5m to $40m (3.2x from the low)
$lockin -> $5m to $18 .4m (3.68x), normie + CT meme
$aura -> $5m to $17m (3.4x from the low), good team

More Cooks
$doogle -> $3 .85m to $9 .3m (2.41x)
$chwy -> $2 .7m to $9 .5m (3.5x)
$kama -> $1 .67m to $5 .14m (3x),
$meesa -> $1m to $4 .15m (4.15x)
$palmy -> $300k to $1 .81m (6x)
$oblock -> hit $2 .4m
$smc -> hit $450k , good website, CTO
$mango -> hit $425k , "Mango Juul"

Happy Sunday 🤝
Mello
4 days ago
Daily Memecoin Recap - June 27

The market is still struggling to find a concrete meta

In this market, the key is to adapt & be versatile

Trump vs Biden Debate
$usa -> $16 .6m to $43m (2.6x from the low)
$usacto -> hit $3m , "America CTO"
$bboden -> hit $583k , POTUS as a redacted baby
$joever -> hit $550k , "It's Joever"
$sloe -> hit $450k , "Sloppy Joe"

Gavin Newsom Replacing Joe Biden
$noosum -> $1 .1m to $9 .2m (8.36x), redacted Newsom
$newsum -> $440k to $3 .4m (7.7x), another redacted Newsom
$newsom -> $91k to $2 .3m (25.5x)
- After Joe Biden's poor performance, people are saying that democrats should replace him with GavinNewsom

Viral Meme "Daddy Chill" Launch
$chill -> hit $4 .75m,

Amber Rose Launch
$muva -> hit $8 .3m,

Kimi Reaches $300m +
$kimi -> hit $330m , heavily bundled, launched on pumpdotfun
$kimi -> hit $1m , "KIMI-burn"

Cat Memes
$sc -> $3 .5m to $9 .9m (2.82x), "Star Cat", strong CTO
$bobby -> $1 .4m to $6 .6m (4.71x), CTO
$tiny -> hit $1 .7m, dev is doxxed, using his own cat

Dog Memes
$spot -> hit $1 .8m, 180+ people in vc
$bullseye -> hit $470k , "Target Dog", CTO

Long-Term Cooks
$popcat -> $220m to $625m (2.84x from the low)
$ponke -> $131m to $232 .9m (1.77x from the low)
$michi -> $44m to $155m (3.52x from the low)

More Plays
$aura -> $4 .9m to $11m (2.24x), good team
$spike -> $595k to $1 .8m (3x), another $spike launched which seemed like a honeypot, people bought into the OG spike for a bounce
$moonwif -> $120k to $420k (3.5x), launched on dexscreener's moonshot
$otty -> hit $1 .8m, Otter Meme, CTO

CTO's are a meta in & of itself.

Most of these CTO coins would not have pumped as much if the dev never sold
Bankless
7 days ago
Blast's airdrop is tomorrow

And the stakes couldn't be higher...

Here's what you need to know before tomorrow's drop 👇

It's almost... finally... just about here.

Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.

They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!

While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.

Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇

What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.

Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”

Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.

Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.

$BLAST launches tomorrow at 10AM EST.

Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.

Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.

In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.

The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.

An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.

On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!

Which future awaits Blast? We'll have a good idea in a few hours!

Written by JackInabinet

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