CoinMarketCap first half of 2024 report reveals that, On average, Solana based meme coins outperformed Ethereum-based by almost 800% YTD.

The margin is expected to increase withe the rise of $WATER

🚨 Ethereum ETFs will see $500 million in inflows in their first week according to analyst Lennix Lai.

“Although the assets under management of ETH ETFs are not as high as those of Bitcoin ETFs, their trading volumes can reach a similar level.”

https://www.dlnews.com/art.../

📊 #Bitcoin   and #Ethereum became the most profitable assets in the first half of 2024.

They clearly outperform the Nasdaq, the S&P 500, oil, gold, the US dollar...etc.

⚠️ A fake application of the Phantom wallet promoted on the iOS AppStore drains users' funds.

Even though the fake app has obvious redflags:
➡️ A slightly different logo
➡️ Published by Meta Voxify (not Phantom Technologies)
➡️ only 1 review and 1 star.
➡️ Listed in the "Education" category as opposed to "Utilities", where the original application exists.
➡️ The application has existed in the store for “17 years” and therefore well before the very existence of Solana and even Bitcoin.

It can happen to anyone to miss out and be fooled...

In addition, the fraudulent application is highlighted thanks to advertising and therefore it appears first during searches...

Be very careful and always check several times before downloading applications related to #crypto .

https://cryptoslate.com/fa.../

🇪🇺 Circle is the world's first stablecoin issuer to obtain an Electronic Money Institution (EMI) license, imposed by MiCA.

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

How to become a better trader

- Look for good entries (avoid top blasting if possible)

- If you feel FOMO, don't enter the trade

- Ask yourself how you're feeling. If you feel nervous/stressed/anxious right after entering a trade, exit

- Once you enter, open the chart & set price targets (3x, 5x, 10x, etc.)

- Set limit orders to sell at these price targets. It's much harder to take profits when you don't have a plan

- Try to sell during peak euphoria. If everyone is in, there's no one left to buy

- Never overexpose yourself to a single coin

- Example: if you have a 10 sol port, play with 0.5-1sol per trade

Always put risk management first. You're not gambling, you're trading

Take Calculated Risks

We're still in the early days of bitcoin. With all the positive economic announcements around bitcoin, its acceptance as a currency, big whales buying through institutions.

History repeats itself again and again, the rich eat first, the poor eat last. For those here today in crypto, building a great empire while people around you are telling you to stop because it's dangerous, it's going to go 0

Of course, stay unemployed and we'll see who needs help in the not too distant future.

GM Bullverse,🐧

Pengy Daily Degens new episode is here.💫

Pengy & the degens cross the Atlantic, and discover Europe.🌅

First stop is the dutch empire.🏰

THE FUCK PEOPLE SOLD THIS EARLY PROBABLY THEY NEED TO GET SOME MEDITATIONS
BULLVERSE HAD COOL PROJECT
FIRST THIS SOCIAL MEDIA WILL BE NO 1 MEDIA
ALL INFLUENCERS AND CELEBRITY WILL JOIN TO THIS AND MAKE THIS BECOME THEIR SOCIAL MEDIA LIKE X , FACEBOOK OR WHATEVER

SECOND THIS BULLVERS WILL LAUNCH THE BULLPAD SO EVERYBODY COULD MAKE OWN COIN WITH $1 ONLY
WILL BE THE BEST THAN PUMPFUN

gm 🦊 fam,

The Team has been hard at work behind the scenes on the Webapp and performing analytics from the first months metrics. 📈

Since the Raid Suite has gone live we have:

- 2000 unique wallets generated across 40 Telegram groups.

- Bought back >1M $KIT and airdropped >5M to the Kitsune Community.

- Received airdrop fees from 15 separate projects.

- Added three Strategic Partners in Gamba, ape.lol and @bullverse
.

Today VanEck filed the first spot ETF for Solana, this is only our first month, and Summer is only just starting....

Are you ready 🦊?

Crypto in 2024: Mid-Year Reflections

4 takeaways 👇

Crypto moves fast – like blink-and-you-missed-it fast.

The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.

Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.

TL;DR Crypto is just getting started; don't get shaken out.

Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇

1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.

In the first half of 2024, crypto broke through to the mainstream with a vengeance.

The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.

And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.

2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.

Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.

The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.

3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.

This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.

Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.

Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.

4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.

The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.

💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.

The bull market must go

Bloomberg analyst James Seyffart suggests that the approval of the first U.S. solana ETF could be delayed until 2025 due to potential changes at the United States White House and Security Exchange Commission.

For y'all who didn't know,

TradFi Giant VanEck becomes the first institutional firm to file for a Solana ETF, citing “better user experience” as a key factor to alternatives.

Daily Memecoin Recap - June 26

We never know how long a hot market will last

Take advantage of all opportunities

Political Coins
$vunce -> hit $682k , based on JDVance1
, potential for him to become Trump's VP
$debate -> hit $510k , realDonaldTrump vs POTUS
debate is tomorrow

Amber Rose Launching Soon
$amber -> hit $685k , DaRealAmberRose
, she has NOT launched yet
$muva -> hit $510k
- Fake coins coming out
- People are speculating that her coin might have already launched
- Important to note, $jason was rugged by Sahil & Jason Derulo then "CTO'd" that coin
- People are now waging that the same playbook will be ran by other influencers

Jason Derulo Engages with Crypto Twitter
$jason -> $11 .5m to $36 .8m (3.2x),

$ice -> hit $500k , Jason's Dog

Influencer Coins
$lilpump -> $2 .32m to $5 .5m (2.37x), coming back to life as
lilpump tries to push it $faddy -> hit $1 .6m,

Cat Memes
$sc -> $325k to $5 .4m (13.23x)
$bobby -> hit $3 .3m, good CTO team
$gloop -> hit $2 .3m, instantly ran to millions after migrating to raydium
$ichi -> hit $595k , when you search "cat", this is the first one to pop up on Google, CTO

Moni Secures a Gotbit Partnership
$moni -> hit $17 .1m, bird meme,

Hawk Tuah Still Alive
$HawkTuah -> $5 .29m to $15 .5m (2.93x),
elonmusk posted a picture of a hawk

More Cooks
$bucky -> $4 .5m to $24 .5m (5.44x), good team
$gol -> $465k to $5m (10.75x), dead coin came back to life
$zaza -> $590k to $2m (3.39x), slowly climbing towards ATH
$sprite -> $400k to $1 .1m (2.75x), "McDonald's Sprite"
$gond -> hit $1 .8m
$ily -> hit $970k , CTO on an old coin
$saudi -> hit $808k , "Saudi Habibi"
$ham -> hit $800k , "first ape on the moon", launched on
dexscreener's moonshot
$cart -> hit $735k , Target Cart Basket

Remember to prioritize risk management at all times

You should not be stressed while in a trade as this will make you act emotionally

Happy Trading🤝

We just added $12000 to the $GBOY Liquidity pool and then BURNED IT ALL FOREVER

Just another step to strengthening our project and proving we're building for the long-term

Added LP tx:
https://solscan.io/tx/5sSu...

Burn LP tx:
https://solscan.io/tx/433b...

Show us another community takeover that does what we do time and time again...

That's almost $20k ,000 added to the LP and burned in the past few months

A successful NFT mint

And our game (first PvP for crypto on Telegram ever) about to enter testing
$GBOY is going to takeover

The question is, are you prepared?

Daily Memecoin Recap - June 25

Volume rotates back into memes as $sol pumps

First PumpFun coin to $1b +
$dorae -> hit $2b
$dorami -> hit $1m , "Doraemon's little sister"
- Many are very confused where this came from
- Extremely bundled (98% of supply bought by the dev)
- Less than 1000 holders
- Weird market cap vs liquidity ratio

Influencer Coins
$jason -> $5 .4m to $17 .9m (3.31x),
jasonderulo makes content promoting his new token
$lilpump -> $1 .1m to $3 .14m (2.85x)
$metal -> hit $2 .8m, Metallica got hacked, the hacker was posting a bunch of tweets promoting $metal . These have now been deleted
$mini -> hit $1 .7m, NSFW airikaca launch
$amber -> hit $530k ,
DaRealAmberRose hints at a launch (she has not officially launched yet), Sahil (notorious scammer) launches his own
$purpp -> hit $500k , smokepurpp launch

First Movers on Moonshot
$first -> $1 .73m to $8 .7m (5.02x), first coin on
dexscreener's moonshot $mc -> hit $7 .4m, MoonCat, "first meme cat launched on moonshot"
$md -> hit $998k , "MoonDog", CTO
$vivook -> hit $3 .9m, redacted VivekGRamaswamy
, new speculation arises that Vivek might become realDonaldTrump VP $truth -> hit $509k , Vivek's slogan

Animal Memes
$doogle -> $960k to $3 .61m (3.76x), good team
$bucky -> hit $8 .7m, rumors that it's the same team as $ponke
$sc -> hit $2m , "Star Cat", supported by MeteoraAG

$him -> hit $1 .7m, Asian + Cat meta, CTO
$chuck -> hit $478k , dog meme

More Cooks
$nobita -> hit $1 .3m, CTO
$sprite -> hit $630k , "McDonald's Sprite"
$caviar -> hit $491k , good team
$jar -> hit $425k , based on
aeyakovenko's tweet

It's clear that the memecoin space is highly dependent on majors

When majors pump, memecoin volume increases & vice versa

Daily Memecoin Recap - June 24

DexScreener launches "moonshot", a competitor to pumpfun

First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is

Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener

Water Launch
$water -> hit $1b , hyped pre-sale launch

WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k

Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token

More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme

Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal

Buy when others are fearful, sell when others are greedy

First Solana Summit saw over 1900 applicants from 55+ countries, with 70% being international attendees, including 50% founders and developers.

I'm seeing a lot of FUD on the Solana blockchain as a result of the significant 38% drop in price and market cap

A ball can never go higher without first touching the ground.

Do with this information whatever you please.

Holdium is planning to airdrop 5% of its total supply to customers who pre-order Solana Mobile's "Chapter 2" smartphones. This follows the trend of leveraging airdrops to add value to pre-orders, a tactic successfully employed with Solana Mobile's first smartphone, the Saga, which saw a significant boost in sales thanks to bundled airdrops of meme coins like $BONK and $MEW .

The "Chapter 2" smartphone, expected to ship in 2025, has already garnered over 100,000 pre-orders. This strong demand is partly due to the anticipation of similar airdrops and the lower price point of $450 compared to the Saga's.

These airdrops not only enhance the perceived value of the phone but also serve as a powerful marketing tool within Web3 community.

United States first institutional asset Manager solely focused on Blockchain Tech Pantera Capital has just released a report in which they described #Solana as the "Mac OS" of blockchains, emphasizing its user-friendly design and innovative features.

Coinbase institutional just announced that it will be the custodian for North America's first Solana ETP, by 3iQ_corp.

As part of the partnership, 3iQ Corp will leverage it's institutional custody infrastructure to introduce Solana staking to Canada's ETP space.

The Open Network has been a rare rocket ship during choppy markets 🚀

Here's how you can get started with the chain 👇

It's been hard to miss the rise of $TON over the past few months

Thanks to its integration with Telegram
& persistent price action The Open Network ecosystem continues to gain traction rapidly

These are the most active areas in the ton_blockchain
:

🎮 Telegram-Based P2E Games

Gaming has become a stand-out feature for TON, first with Notcoin and now with other games like CatizenAI and Hamster Kombat.

In summary, gaming on TON, whether through Catizen or Hamster Kombat, offers some (very) simple entertainment and real-world rewards, making it an attractive option for early speculators.

🔒 Liquid-Stake your TON for additional rewards

Like most PoS ecosystems, liquid staking with Tonstakers or Bemo Finance lets you use your TON to earn additional rewards.

- bemo_finance is another non-custodial liquid staking protocol on TON. It allows users to stake TON tokens and receive $stTON tokens in return that can be freely used in DeFi and increase in value as staking rewards are earned.

Both Tonstakers and Bemo Finance offer excellent opportunities for users to earn rewards through staking, making them valuable tools for maximizing your TON holdings.

🫳 Swap tokens on DEXs

DEXs lie at the center of TON’s DeFi ecosystem to drive the network forward, particularly http://STON.fi and DeDust.

💰 Lend through money markets

Lending platforms on TON offer additional ways to leverage your assets and turn a profit.

- evaaprotocol is a lending platform on the TON network that allows users to lend and borrow assets like TON, stTON, $tsTON , and $USDT directly from Telegram.

With double-digit interest rates for TON and USDT, the platform stands out as a competitive option for participating in DeFi and earning additional yield on your TON — way higher than with staking! The protocol currently has an XP points program, which can be later burned in exchange for the $EVAA token when it launches.

-
daolama_ton offers NFT lending for TON, currently supporting over 35 collections. On the platform, users can choose an NFT they’d like to rent out in exchange for TON, create a proposal, and then, when confirmed, receive TON based on the proposal's guidelines. Additionally, DAOLama’s marketplace offers a Buy Now, Pay Later feature for NFTs, allowing you to purchase NFTs like Anonymous Telegram Numbers 👀 for 41 TON instead of 113 TON.

In conclusion, Evaa Protocol and DAOLama TON offer unique and user-friendly lending solutions, providing even more avenues for earning yield on TON.

🤑 Trade crypto derivatives

For fans of derivatives trading, TON comes ready for platforms for trading crypto assets on up to 50x leverage.

storm_trade_ton is a decentralized derivatives trading platform built on TON and directly integrated with Telegram. Accessible via a web app and Telegram bot, Storm Trade provides trading features like leverage up to x50, instant price updates, and trading pairs with collateral in TON and USDT.

In addition, Storm Trade offers opportunities to earn through tournaments or by providing liquidity. In their daily tournaments, users compete for Storm Trade NFTs, which will whitelist them for the exchange’s token at launch. In their vaults, users can provide liquidity to act as a counterparty to traders on the platform and earn 70% of protocol fees. This can all be done directly from Telegram, making trading available on the go.

Written by
davewardonline✍️

THE BIRD IS NOT DONE, IT WILL FLY! 🪽

We'll be listed on Dextrade where you'll be able to trade BIRDDOG/USDT 🔥

Buy #BIRDDOG with one of the fastest rising & highly currated CEXs on the market 🤘

First a rank 80 CEX, then a rank 50 CEX... Guess where this is going 👀

The first DePIN project that uses Decentralized Identifiers to design an innovative WiFi and a global OpenRoaming network ROAM has announced the upcoming support for #Solana SAGA phone, Which would allow users to utilize OpenRoaming, Connect, Share, and Earn features via Roam.

Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster

Solana's no.1 perpetual DEX DriftProtocol has launched Solana's first T-Bill-backed perpetual futures in collaboration with OndoFinance a major force in the RWA narrative.

This innovative product allows users to trade perpetual futures backed by U.S. Treasury Bills, in order to offer a stable and low-risk option for traders in the volatile crypto market.

SonicSVM announced completion of a $12M Series A funding round led by BITKRAFTVC , bringing total capital raised to $16M .

Sonic is the first atomic SVM Layer 2 built to enable sovereign game economies on solana

JitoSOL reaches 11 million $SOL in TVL, becoming the first Solana protocol to achieve this feat.

It is an amazing product, with an amazing team and wonderful users!

$MANEKI on Solana becomes the first memecoin to be interviewed by the New York Stock Exchange.

It's impossible not to see the massive usage, adoption and growth of #SOL