We’re thrilled to announce that Doug is sponsoring an exclusive event in Belgrade, featuring the widely recognized Serbian personality Milan Ponjević – a adult star and viral TikTok and Instagram sensation.

Our team will be there with Doug’s official mascot, ready to capture incredible content and make waves across the crowd.

Stay tuned for updates and highlights – Doug is taking flight at the event! 🚀

Daily Memecoin Recap - October 22

Volume just keeps getting better 🤫

Play Of The Day
$flavia -> hit $59m

Pump Fun Integrates Video Coins
$roll -> hit $2 .2m, rick, "never gonna give you up" song
$cum -> hit $1 .18m, Trump + Kamala video "I'm gonna cum"
- You can now launch video coins on pumpdotfun

- A small NSFW meta followed the launch of this feature

Goat Going For ATH
$goat -> $145m to $538m (3.7x)
$kid -> $60k to $4 .5m (58x), Kidseus Minimus, $goat beta
- Initally crashed 70% due to truth_terminal
making a typo
- People speculated that it's not actually AI
- Already recovered from the 70% decline

Binance Buys An AI Coin
$fiji -> hit $11m
- A wallet associated with binance
bid 160 $sol

Chabenisky
$mark -> hit $9m , woman version mcuban

Crash Game
$hana -> hit $5 .38m
- Gambling + AI

Animal Meta
$kwif -> $4 .2m to $10m (2.38x), kitten $wif hat
$meizhu -> hit $2 .42m, new baby panda at guangzhou
$dog -> hit $2 .36m, just a dog
$new -> hit $1 .6m, new dog

Artificial Intelligence
$catgf -> $5 .6m to $18 .6m (3.3x)
$omega -> $1 .84m to $13 .46m (7.3x)
$wotf -> $1 .5m to $5m (3.3x), way of the future
$cog /acc -> $240k to $3 .1m (12.9x),

$lotus -> $233k to $2 .3m (10x)
$blu -> hit $5 .95m
$ttt -> hit $4m , truth terminal token
#gematro -> hit $4m ,
xenocosmography tweet
$lynx -> hit $3 .63m
$mind -> hit $3m
$memex -> hit $2 .7m
$truth -> hit $2 .53m, Truth Terminal's 1st Tweet
$tol -> hit $2 .45m, terminal of life
$gmtr -> hit $2m
$azure -> hit $1 .73m
$new -> hit $1 .6m, new dog, goal to become the new dog coin
#automated -> hit $1 .3m
$lora -> hit $968k
$cypher -> hit $783k ,
xenocosmography tweet
$hana -> hit $700k , Japanese AI meme
#aijesus -> hit $655k , Ask Jesus

Moonshot
$buddy -> hit $3 .5m, $26k + in LP Rewards
$urs -> hit $2 .2m, $42k + in LP Rewards

More Cooks
$wmm -> $1 .9m to $9m (4.73x), weird medieval memes, pushed by KOLs
$koto -> hit $7 .77m
$jim -> hit $7 .6m, naked jim, good content
$tard -> hit $3 .11m
$nchad -> hit $1m , $giga beta
#realchad -> hit $900k , nonAI Giga Chad, $giga beta
$log -> hit $746k
$txn -> hit $456k , people chatting through solana transactions

Notable: HanaSolanaa just raised 6000 sol ($1m) in 30 minutes
- I am completely unaffiliated with this, just relaying info

Are you locked in?

🎖️ Justin Sun is elected Prime Minister of the unrecognized micronation of Liberland.

Liberland is a micronation located between Croatia and Serbia, and holds 99% of its reserves in Bitcoin.

The Tron founder said he would promote the idea of ​​small government as a model for the world.

Liberland, a micronation that holds 99% of its reserves in Bitcoin, has elected Tron founder Justin Sun as its new prime minister.

"Just as Vatican City represents a central spiritual authority for Catholics, Liberland will be the heart of the libertarian movement."

How to build confidence to hold

We've all seen $1 ,000,000+ PNL screenshots

The truth is most traders would never hold long enough to reach that level

The secret isn't just about getting in early, it's about the ability to separate conviction from gamble

Ask yourself:
- Is volume excessively high?
- Is there consistent buy pressure on dips?
- Is the community forming a cult?
- Does it have a strong narrative?
- Are you seeing wallets constantly ape $10k +?
- Are you seeing it being pushed in multiple different groups?
- Is it all over your twitter feed?

If the answer is yes to all these questions, then treat this play with conviction. Hold your position until you see a major break of structure on the 1-4h timeframes

Conviction comes from recognizing momentum

On September 20, Reown, formerly WalletConnect, announced the launch of its Solana Appkit, a comprehensive developer tooling platform designed to simplify Solana ecosystem development.

The move promises to amplify Solana connectivity, leveraging a range of essential services that aim to expand the ecosystem. Best known for its expansive EVM network, Reown facilitates over 15M monthly wallet connections across 100+ blockchains.

Solana’s inclusion in Reown’s substantial list of supported chains comes following the network’s meteoric growth throughout 2024. Reown CEO Jess Houlgrave contends that the Solana Appkit’s launch could spearhead a new wave of applications on the network:

"The Solana ecosystem has stood out since its inception in 2020. Solana instantly drew interest from developers and teams throughout the industry, resulting in some of the biggest and most recognizable projects to date. The launch of the Solana AppKit will act as a catalyst for further growth, the AppKit simplifies building apps and ensures the best experience for end-users. We're excited to see what teams can do with these new tools". - Jess Houlgrave, Reown CEO.

What Can Developers Expect From Reown’s Appkit?
Reown’s Solana Appkit aims to streamline the development process, amplifying application connectivity across the ecosystem. The new tooling platform promises a range of essential features, including:

WalletConnect Network integration.

Simplified email and social login - Allowing users to connect to dApps using familiar, Web2 logins.

Fiat-to-Crypto onramp - Partnering with Coinbase, users can instantly buy over 100 crypto assets directly through Reown-powered apps.

Token swaps - In collaboration with 1Inch, Reown provides applications with in-app trades at the best available rates.

Web3 Messaging Notifications - Apps can now send onchain messages directly to user’s wallets.

Multi-Language support - Reown’s Solana Appkit supports developers building with React, Vue, JavaScript, and Next.js

Reown Attracts Key Launch Partners
Bringing the new Appkit to as many Solana developers, Reown has collaborated with some of the biggest names in the ecosystem. Integral DeFi apps like Jupiter, Solana’s leading aggregator, and Marinade Finance, one of Solana’s original staking providers, have lent their weight behind the launch, with additional support from Drift Protocol, a popular perpetual DEX, and Solayer, the network’s leading restaking protocol.

Drift Protocol co-founder Cindy Leow believes that Reown’s Solana Appkit will facilitate a smoother onboarding process for traders. Championing the toolkit accessibility, Leow expressed excitement at the prospect of a widening ecosystem.

“At Drift we’re continuously improving the experience for our users. As we expand, we want to see even more blockchain adoption. Integrating Reown’s Solana AppKit marks a milestone for accessibility and usability. We’re looking forward to seeing more apps in the Solana ecosystem leverage the Solana AppKit” - Cindy Leow, Drift Protocol co-founder.

Echoing Leow’s enthusiasm, Backpack CEO Armani Ferrante also demonstrated his support for the Reown Appkit.

“As the entry point for the Solana ecosystem, Backpack wallet team worked closely with the Reown team to integrate the Reown WalletKit on the mobile app end. We’re excited to partner with Reown and improve Solana users' experience. Now, users can easily access Backpack Wallet when they click the WalletConnect button on their favorite dApps.” - Armani Ferrante, Backpack CEO

Alongside Solana’s dramatic surge in user activity throughout 2024, the network has also enjoyed a significant increase in developer activity. According to the Solana 2023 Developer Report the network boasted over 2,500 monthly active developers.

The Reown Solana AppKit is expected to provide Solana’s expansive developer community with an expansive suite of tools, enabling them to create a diverse and access

🇨🇭 The Swiss Stock Exchange, the third largest in Europe, is considering creating a cryptocurrency exchange.

According to one of its managers, "cryptocurrencies have become a recognized asset class" ✅

Mea culpa: SEC “regrets” having maintained confusion around the nature of certain cryptocurrencies.

In a complaint against #binance , the SEC admits that it regrets any confusion caused by the use of the term "security."

The admission comes as SEC Director Gary Gensler is under pressure, with critics including the presidential candidate realDonaldTrump calling for his replacement 🔄

This recognition could herald a change of direction for the regulation of cryptocurrencies in the United States 🇺🇸

🚨 The UK is proposing a bill to officially and legally recognise #cryptomonnaies as personal property.

#Bitcoin 🚀

Sentiment is down, and critics have been quick to point out ETH's underperformance against SOL while largely attributing this to a perceived loss of mindshare and users to L2s.

This narrative has sparked a crucial debate: Are L2s Ethereum?

arjunnchand
brings the analysis...

========================================

🤔 Symbiotic or Separatist?
L2s have been a core component of Ethereum's rollup-centric roadmap from the very beginning. They were envisioned as extensions (technical and cultural) of Ethereum, designed to expand its capabilities and attract a broader user base.

At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.

The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.

By offering lower fees and faster transaction times, L2s have made it easier for developers to build different types of applications. Look at the explosion of memecoins on Base or the rise of SocialFi platforms like Farcaster creating new markets for users.

Beyond that, L2s are becoming major hubs for DeFi activity, and ETH, the asset, is at the heart of this ecosystem. Look at the numbers:
arbitrum
,
Optimism
,
@base
— these chains are dominated by ETH-related assets.

🧛‍♂️ Vampire attack?
However, one of the primary arguments against the rollup-centric approach to scaling Ethereum is the assumption that L2s may not continue to rely on Ethereum. Sure, L2s and Ethereum seem like a happy family now. But what if L2s build their own empires and ditch Ethereum altogether? No more relying on Ethereum for security, no more ETH as gas, not even needing Ethereum's block space.

This "L2s go rogue" fear is a legitimate concern. Technically, they could build independent ecosystems with their own validators as they would then be able to own the entire modular blockchain stack. So, is this the future – a messy breakup between L2s and Ethereum? Not necessarily.

We can all agree that there are perhaps a few too many L2s. Too many copycats. Too little differentiation. It's like a thousand startups chasing the same market, all promising the same thing. This isn't healthy.

What we need are L2s that matter. L2s that offer something unique, something that sets them apart. Security, app diversity, GTM strategy — these are the areas where we need to see real innovation.

But we must be wary of ‘echo chambers’. These zones of chains should not become isolated universes. A healthy L2 ecosystem is one where chains work together, not in isolation. We need bridges, not moats.

We need collaboration. We need communication. We need education. We need incentives. We need to build shared infrastructure and standards that foster seamless connectivity across L2s. Only then can we truly win together.

💭 Closing Thoughts
You can say that L2s aren’t Ethereum. You can argue L2s aren’t even extensions of Ethereum. But you cannot deny the fact that L2s enhance the utility of Ethereum and ETH.

The "L2s vs. Ethereum" debate is a false dichotomy. This isn't a zero-sum game. Ultimately, Ethereum and L2s are in this together. Let's build a future where Ethereum and L2s thrive as a symbiotic whole, and push the crypto ecosystem forward.

📱❌ SpyAgent, the new threat specialized in cryptocurrency theft, seen in more than 280 Android applications...

McAfee's Mobile Research Team has discovered a new type of mobile malware that targets seed phrases by scanning your device for images that may contain them.

This Android malware cleverly disguises itself as various trustworthy applications, ranging from banking and government services to TV streaming and utility apps.

However, once installed, these fake apps secretly collect and send your text messages, contacts and all images stored on servers.

https://www.mcafee.com/blo.../

🇶🇦 Qatar introduces new regulatory framework for digital assets.

This covers tokenization, recognizing ownership rights over tokens and the assets they represent.

The framework includes regulations on custody, transfer, exchange and recognizes In addition, it legally recognizes smart contracts.

https://cryptonews.com/new.../

PengyOS does it again!🐧

We've integrated Pepecoin webOS into our platform, bringing one of the most recognizable memes to PengyOS Mobile.💎

Builders should support each other—now you can access it on the go.✨

@ pepecoins
, let’s be frens and do a cross-chain collab!😎

🇸🇻 An IMF mission to El Salvador issued a statement focused on supporting the country's medium-term growth, including policies to reduce risks associated with #Bitcoin .

"Progress has been made in negotiations for a Fund-supported program focusing on policies to strengthen public finances, bolster bank reserves, improve governance and transparency, and mitigate risks related to bitcoin."

These include proposals on the management of bitcoin as legal tender in the country and the approximately 5,750
BTC held by the government.

"On bitcoin, while many risks have yet to materialize, it is jointly recognized that further efforts are needed to improve transparency and mitigate potential fiscal and financial stability risks to the bitcoin project."

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

🐋 An unidentified whale #Solana withdrew $120 million from $SOL from validators and transferred the tokens to Coinbase Prime since July 16.

In total, more than 1 million $SOL from several validators, including Cogent Crypto, Block Logic and LunaNova, were transferred.

It is currently impossible to determine who is the owner of this address.

https://solscan.io/account...

Daily Memecoin Recap - August 4

Market is in shambles as $btc breaks key support
- $70k to $52k (-25% from the recent high)

Runners Of The Day
$bane -> hit $3 .7m, CTO, cute dog, coordinated pushed by KOLs
$btw -> hit $3 .25m, a banana taped to a wall, also a coordinated push by influencers, good volume
$matsu -> hit $1 .1m, cute cat, $billy vibes, but a cat instead of a dog

Slerf Team Announces They Will CTO A Coin
$oodles -> hit $10m , pumped based on speculation that this is the coin that $slerf team is CTO'ing

Market Dumping
$depressio -> hit $840k , depressed beta to $retardio since market is tanking
$bubu -> hit $320k , beta to $bobo the bear, CTO
$job -> hit $250k , "McDonalds Job Application"

High MC coins take a hit
$scf , $billy , $fwog , $wolf , $michi , $popcat , $ponke , $giga , $bome
- All of these coins have decreased substantially from their ATH

More Cooks
$berd -> hit $680k , CTO
$karris -> hit $520k , redacted KamalaHarris
, relaunch that previously hit $4 .4m
$fu -> hit $470k , "fed up", cat meme, CTO
$archie -> hit $328k , CTO, " The OG $bane "
$bull -> hit $305k , "I'm Bullish"
$mpr -> hit $273k , "Meme Power Rangers"
$job -> hit $250k , "McDonalds Job Application"
$nappy -> hit $230k

Whenever the market is dead, instead of forcing trades, take the time to hone in on your skills: TA, fundamental analysis, recognizing patterns, etc.

🇬🇧 The Law Commission of England and Wales is proposing a new category of personal property for #crypto .

"We conclude that the flexibility of the common law allows for the recognition of a distinct category of personal property that can better recognize, accommodate and protect the unique characteristics of certain digital assets. We recommend legislation to confirm the existence of this category and eliminate any uncertainty."

https://lawcom.gov.uk/proj...

🚀 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.

AMERICA AND BITCOIN
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.

TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.

7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.

10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.

14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.

16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.

22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.

25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!

27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.

29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.

30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.

35:30 - Biden/Harris has presided over the biggest inflation in the history of America.

38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.

43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.

44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.

46:00 - He will commute the life sentence of Ross Ulbricht to time served.

46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.

PayPal USD, the fiat-backed stablecoin launched by one of the world’s most recognizable brands, is finding a home for itself within Solana’s booming DeFi ecosystem.

When PYUSD launched on Solana in late May, many network participants saw it as an inferior alternative to established stablecoins like Circle’s USDC. However, a meteoric rise in PYUSD supply in recent weeks suggests that there may be more demand for PayPal USD than originally anticipated.

PYUSD Supply on Solana Up 198% in Two Weeks, What’s Driving PayPal USD’s Explosive Growth??

Sanctum introduces yet another innovation, Sanctum Profiles (beta) to personalize user experience on Solana by recognizing users as individuals rather than just wallets.

This way, your John not some long string of numbers and letters.

$MooCat is more than a memecoin. It’s a family and it’s on the path to becoming a globally-recognized meme and brand.

I am MooCat, you are MooCat, we are all MooCat!