Daily Memecoin Recap - December 1

New month, new opportunities

XRP Takes Over
$xrp -> hit $9 .5m, XRP on $sol
$xrp -> hit $2m , redacted version
$btc -> hit $1 .8m, BTC on sol, $xrp beta
- Tiktokers are bullish on xrp
- Xrp is a meme in and of itself
- If you're buying memes on xrp ur ngmi

Buy & Sell Multiple Coins
$port -> hit $23m
- This platform lets you buy and sell multiple coins in a single transaction
- You make your own portfolio of up to four coins

First AI TikTok Live Streamer
$buzz -> hit $2 .2m

Pump Fun Mascot
$bumpie -> hit $1 .3m

Degen Memes
$usdt -> hit $7 .8m, usdt to $5
$lemon -> hit $4 .2m
#spooderman -> hit $2 .3m, redacted spiderman
$aut -> hit $1 .5m, absolute brainrot
$parrot -> hit $1 .5m, party parrot

Artificial Intelligence
$alch -> hit $83m , unique tech with a market place
$max -> hit $15 .2m, $btc maxi
$skai -> hit $4 .5m, skainet
$ascend -> hit $4m
$arc -> hit $3 .1m
$e /69 -> hit $3 .1m

Christmas Meta
#santahat -> hit $15m
$welf -> hit $8 .3m, runescape meme
$gingy -> hit $1 .8m, The Gingerbread Man
$kevin -> hit $950k , home alone actor

More Cooks
$mundi -> hit $100m
$sitcom -> hit $26m
$pronut -> hit $12 .4m
$pearl -> hit $8 .3m
$tardi -> hit $3 .6m
$mind -> hit $2 .6m, hyped launched
$bob -> hit $2 .1m, spongebob meme
$snoopy -> hit $1 .8m
$elsa -> hit $1 .6m, princess elsa from frozen
$yolo -> hit $1m
#1000xDec -> hit $843k , 1000x in December
$cancel -> hit $720k , cancel culture

What are your goals to end the year?

Will Ethereum remain institutions' top choice?

jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼‍♂️

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Disruption. Digitization. Financial inclusion. Future-proofing.

What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.

Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.

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What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.

Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US

Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.

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Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.

Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.

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However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.

Nib dictionary:

1. Nibblet: A tiny piece of the NIB pie.

2. Nib-sters: The coolest chicks in the crypto coop.

3. Nib-ble: When you're just pecking at the market.

4. Nib-rarian: Organizing all the NIB knowledge.

5. Nib-torious: The most famous chick in the game.

6. Nibsterious: The mystery behind why this chick is so frightened.

7. Nib-ergized: Ready to flap those wings and take on the market!

8. Nib-iquity: The state of being everywhere in the meme coin world.

9. Nib-errific: When your NIB investment finally takes flight.

10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.

11. Nib-stitute: When you swap out one meme coin for a better chick.

12. Nib-busters: Taking down all those FUDsters.

13. Nibfluence: The power of the chick over the crypto community.

14. Nib-citement: The thrill of watching your NIBs grow.

15. Nib-servation: Keeping a close eye on your chick’s nest.

16. Nib-accino: The coffee break you take while watching the charts.

17. Nib-compoop: Someone who sells their NIBs too early.

18. Nib-ocalypse: When all the NIB holders go wild at once.

19. Nibstitution: The new chick on the block, ready to replace the old guard.

20. Nib-ified: When you’ve gone all in on NIB.

21. Nib-chael Jackson: Moonwalking through the crypto market.

22. Nib-sanity: When NIB’s price spikes out of nowhere.

23. Nibvengers: The team of NIB heroes ready to save the market.

24. Nib-solutely: When you’re 100% certain this chick is the one.

25. Nib-ception: A chick inside a chick, inside a meme coin dream.

26. Nib-stronaut: Ready to send this chick to the moon.

27. Nib-ergreen: A meme that never goes out of style.

28. Nib-and-dime: When you’re just picking up a few more NIBs.

29. Nib-ling: A baby chick, or someone just starting with NIB.

30. Nib-casso: When your chick doodles become priceless crypto art.

31. Nibstitute teacher: The chick teaching you how to trade.

32. Nibba Fett: The bounty hunter of meme coins.

33. Nib-blebee: Buzzing around, collecting NIBs.

34. Nib by nib: Slowly stacking your fortune, one chick at a time.

35. Nibberoni: A little bit of NIB in every bite.

36. Nibviously: It’s clear NIB is the next big thing.

37. Nib-a-lanche: When NIB takes over the charts.

38. Nib-spresso: A strong shot of NIB to start your day.

39. Nib-ulation: The jubilation of seeing your NIB investment soar.

40. Nib-and-beyond: When you’re ready to take this chick to the stars!

Bitcoin (BTC)

Bitcoin, despite its volatility, remains a dominant force in the cryptocurrency world, often referred to as digital gold. It's widely used as a hedge against inflation. Right now, the Bitcoin community is buzzing about Taproot, an upgrade designed to improve privacy and smart contract functionality. This could make Bitcoin even more useful and efficient, appealing to both individual and institutional investors. In the U.S., more and more major corporations and financial institutions are adopting Bitcoin, further cementing its place as a mainstream asset.

Ethereum (ETH)

Ethereum has made significant strides with its transition to Ethereum 2.0, which merged with the Beacon Chain to switch from Proof of Work (PoW) to Proof of Stake (PoS). This has greatly improved the network’s scalability and efficiency, reducing energy consumption and speeding up transactions. The DeFi and NFT ecosystems built on Ethereum continue to draw substantial investment, even with the rise of alternative Layer 1 and Layer 2 solutions. In the U.S., Ethereum is playing a crucial role in the growth of decentralized finance and digital art markets, attracting interest from venture capital firms and tech innovators who see its potential for new applications.

It is rare I see this many meaningless buzzwords for a project.

I can say your tech is at best underwhelming and at worst a complete grift.

Did your team even do any research before messaging me to promote your project?

Would recommend people to avoid.

About to get a fresh buzzcut 🔥