Daily Memecoin Recap - November 18

Coins were weird today - there was still hella money to be made

Trump To Buy A Crypto Trading Venue
$bakkt -> hit $42m
$bkkt -> hit $28m , Bakkt Holdings Inc
$jammy -> hit $466k , bkkt founder's dog
- realDonaldTrump's social media company is in talks to buy BAKKT

McDonalds Cat
$mello -> hit $18m
- doodles partnership with McDonalds

Next Moo Deng?
$kirby -> hit $31m , baby elephant

Vvaifu Pushes
$vvaifu -> hit $210m
- vvaifudotfun's agent
- Vvaifu allows you to launch AI agents with a token

Science Meta
$rif -> hit $251m , pumpdotscience

$uro -> hit $154m
$pro -> hit $25m
$anti -> hit $25m
$E =MC² -> hit $15m , Euphoria = Meme × Community²
$cris -> hit $10 .6m, crispr
$life -> hit $6 .8m

Peanut's Dog
$peanut -> hit $37m , OG Peanut coin (community driven)
$tucker -> hit $10m , $pnut 's dog
#marshall -> hit $540k , Peanut's best friend

Artificial Intelligence
$eliza -> hit $52m
$gnosis -> hit $14 .4m
$flower -> hit $6 .8m
$wizard -> hit $5 .5m
$▶︎ • -> hit $4 .2m, AI music agent that generates tracks inspired by real-time events
$π -> hit $3 .3m
$laila -> hit $3 .1m
$ae -> hit $2 .4m

Chill Guy
#chillguy -> hit $43 .5m, viral tiktok meme

Animal Memes
$arie -> $2 .5m to $20 .7m (8.3x)
$meng -> hit $4 .9m, rabbit meme
$long -> hit $4 .8m, longcat
$bark -> hit $3 .8m, barking dog, high volume
#scratch -> hit $677k , dj cat
$albert -> hit $617k , alligator

More Cooks
$🟥🟩 -> hit $50m
$chatty -> hit $15m , ChatGPTapp mascot
$bayc -> hit $6 .45m
$fa =fo -> hit $5 .5m, fuck around = find out
$mes -> hit $5 .4m, Meme Economy Simulation
$💎🙌 -> hit $2 .9m
$ticker -> hit $2 .5m, "what's the ticker"
$🟩🐿 -> hit $912k
$🔴🟢 -> hit $767k
$khabib -> hit $750k , Hasbulla's best friend

Did you cook? 👨‍🍳

Daily Memecoin Recap - November 1

Markets are waiting for Tuesday's election ⌛️

Government Kills Peanut
$pnut -> $250k to $10 .5m (42x), peanut the squirrel
$fred -> hit $670k , raccoon that was also seized during the raid for Peanut
- New York seized and killed a viral pet squirrel

High Volume
$hima -> $2 .6m to $8 .8m (3.4x), supply sent to solana foundation
$suwi -> hit $7 .1m, unique content
$potato -> hit $4 .5m, literally a potato
$god -> hit $3 .1m, "dog" backwards
$mob -> hit $1 .7m, museum of baddies
$pet -> hit $1 .2m

Election Countdown
$47 -> $6m to $14 .4m (2.4x), urealDonaldTrump 47th president
$djt -> hit $1 .8m
#Trump2024 -> hit $1m
$rigged -> hit $747k , gently used voting machine, election is rigged
#djtardio -> hit $357k , #retardio + Trump
- Elections are Tuesday 👀

Retardio
$rzack -> $1 .7m to $7 .1m (4.2x), new coin pushed by MrZackMorris
#djtardio -> hit $357k , #retardio + Trump

Artificial Intelligence
$matrix -> $984k to $3 .2m (3.3x), roko's matrix
$thales -> hit $1m , before $eliza there was thales, AI16Z, AI lore
#tag_coin -> hit $550k , first OpenAI coin
$enigma -> hit $467k

More Cooks
$earl -> $5m to $14 .2m (2.8x)
$toad -> $410k to $9m (22x), $pepe beta
$fridge -> $1 .7m to $7 .3m (4.3x), entire memecoin ran on a public fridge
#nailong -> hit $19 .7m, good community
#homdaeng -> hit $1 .4m
$froge -> hit $747k
$pro -> hit $730k , protagonist
$hasbu -> hit $687k , hasbulla_main
$nnn -> hit $648k , No Nut November
$mad -> hit $600k
#whatitis -> hit $548k , it is what it is
#nocturna -> hit $425k
$jonk -> hit $395k

Someone drop me a 100x rn

Daily Memecoin Recap - October 27

Majors are pumping. Looks like this week's going to be good 👀

A16z Dao
#degenai -> hit $2 .5m to $37 .8m (15.1x), bot that analyzes top memes and apes for the dao
#ai16z -> hit $97 .5m, pmarca's fund
#pmairca -> hit $4 .3m, based on pmarca, 5% given to the Ai16z fund
$yes -> hit $3 .8m, A16z Dao community coin, 9% given to Ai16z wallet, good CT meme
$eliza -> hit $1 .1m, ai16z's mascot

NFT Artists Launching
$eye -> hit $21m , launched by Jesperish, well respected in the NFT community
$sad -> hit $3 .5m, launched by SkiluxDesigns

Artificial Intelligence
$tate -> $13 .7m to $29m , Tate Terminal pushing for ATH, cobratate
$kira -> hit $14 .2m, powered by a decentralized AI network
$avb -> hit $4 .9m, Autonomous Agents
$mcb -> hit $4 .9m
$zoa -> hit $4 .1m
$pumpai -> hit 3.4m, claims to be an AI web agent that trades memes
$kraken -> hit $820k

USA Election
$usa -> $20m to $40m (2x)
$47 -> $1 .4m to $5m (32.1x),realDonaldTrump 47th president

More Cooks
$ban -> $33m to $67m (2x)
$sigma -> $31 .5m to $66m (2.1x)
$sma -> $130k to $5 .8m (44.6x), speculation around iruletheworldmo who ran #gpt2
$wiz -> $972k to $3m (3.1x), wizard dog
$retire -> $50k to $1 .1m (22x), "the last play before I retire"
$henlo -> hit $2 .85m
#othebys -> hit $1 .8m
#popgoat -> hit $1 .7m, $popcat + $goat
$pape -> hit $1 .5m, $ape + $pepe
#redcircle -> hit $1 .4m
$myst -> hit $1 .1m, $64k + in LP Rewards
$toad -> hit $940k
#terminal -> hit $800k , religion for truth_terminal
#NuCouché -> hit $773k
#pumpland -> hit $672k , PumpFun Land in Roblox
$sai -> hit $489k
$flip -> hit $442k
$no -> hit $270k , $yes beta

We need someone to create something so unique that it jumpstarts a new meta

Any ideas what the next meta will be?

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.

TRUMP OR BIDEN - WHO’S BETTER FOR CRYPTO?
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?

For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.

Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?

BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.

Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.

With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.

The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”

Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”

DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.

Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.

More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.

These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.

What's the Deal with MegaETH? 🤔

The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'

What's its plan? Find out 👇

MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!

The big names involved have attracted some major attention to the upstart chain.

Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.

⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.

MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.

A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.

While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.

Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.

To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.

🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!

Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.

Written by JackInabinet