15 days ago
Marinade Finance, one of Solana’s original staking providers, has found itself in hot water with validator operators.
Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.
Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.
Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.
Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?
WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.
To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.
This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.
Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.
Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”
Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”
Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”
Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”
In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.
However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”
Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”
Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.
Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”
Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.
Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.
Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.
Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?
WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.
To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.
This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.
Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.
Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”
Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”
Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”
Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”
In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.
However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”
Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”
Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.
Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”
1 month ago
Daily Memecoin Recap - August 7
Volume starting to pick up as $btc , $sol recover
Runners Of The Day
$btw -> $1 .6m to $15 .6m (9.75x), banana taped to a wall, after pulling back yesterday, reached new ATH's today, good community
$nani -> hit $3m , KOLs in, dog meme
$minion -> hit $2 .8m, "Jesus Minion Confessions", unique concept where they post people's confessions
$chango -> hit $2 .3m, monkey with a machine gun
$jajak -> hit $1 .4m, funny meme
$tt -> hit $1m , "Thumb Thumb", spy kids meme
Insider Trump Coin
$twc -> hit $5 .5m, "Trumpwifcrown"
- Speculation that this was Trump's coin after Eric Trump's tweet saying "Stay tuned for a big announcement"
- Heavily sniped with insane volume, currently at $50k
- Plenty of smart wallets aped
Kamala Harris Announces Her VP Pick
$coconut -> $5m to $11 .3m (2.26x), KamalaHarris
, cult community, new ATH
$walz -> $315k to $2m (6.35x), based on Tim_Walz
Dog Meta
$wDOG -> $12m to $26m (2.16x), wrapped dog, currently retracing
$bicho -> $93k to $1 .8m (19x), coin out since June but heavily pushed today, $michi beta
$drc -> hit $995k , "Dog Riding Chicken", CTO
$pitbull -> hit $720k
$pooku -> hit $645k , CTO
$borf -> hit $475k , cartoon dog
$waffles -> hit $220k
Cat Meta
$neo -> hit $1 .8m, "The one", cat + matrix
$apple -> hit $340k , a cat with an apple
$icd -> hit $250k , "International Cat Day" is today
Other Cooks
$fiat -> hit $500k
$sheep -> hit $465k , same dev as $goat which peaked at $45m
$slog -> hit $370k , snail meme
$rockstar -> hit $240k , rock shaped like a star
What did you catch?
Volume starting to pick up as $btc , $sol recover
Runners Of The Day
$btw -> $1 .6m to $15 .6m (9.75x), banana taped to a wall, after pulling back yesterday, reached new ATH's today, good community
$nani -> hit $3m , KOLs in, dog meme
$minion -> hit $2 .8m, "Jesus Minion Confessions", unique concept where they post people's confessions
$chango -> hit $2 .3m, monkey with a machine gun
$jajak -> hit $1 .4m, funny meme
$tt -> hit $1m , "Thumb Thumb", spy kids meme
Insider Trump Coin
$twc -> hit $5 .5m, "Trumpwifcrown"
- Speculation that this was Trump's coin after Eric Trump's tweet saying "Stay tuned for a big announcement"
- Heavily sniped with insane volume, currently at $50k
- Plenty of smart wallets aped
Kamala Harris Announces Her VP Pick
$coconut -> $5m to $11 .3m (2.26x), KamalaHarris
, cult community, new ATH
$walz -> $315k to $2m (6.35x), based on Tim_Walz
Dog Meta
$wDOG -> $12m to $26m (2.16x), wrapped dog, currently retracing
$bicho -> $93k to $1 .8m (19x), coin out since June but heavily pushed today, $michi beta
$drc -> hit $995k , "Dog Riding Chicken", CTO
$pitbull -> hit $720k
$pooku -> hit $645k , CTO
$borf -> hit $475k , cartoon dog
$waffles -> hit $220k
Cat Meta
$neo -> hit $1 .8m, "The one", cat + matrix
$apple -> hit $340k , a cat with an apple
$icd -> hit $250k , "International Cat Day" is today
Other Cooks
$fiat -> hit $500k
$sheep -> hit $465k , same dev as $goat which peaked at $45m
$slog -> hit $370k , snail meme
$rockstar -> hit $240k , rock shaped like a star
What did you catch?
2 months ago
Daily Memecoin Recap - July 19
$sol pumping -> good for our bags
Volume was mid today, but still had a decent amount of runners
Runner Of The Day
$ponzi -> hit $15 .8m, J.Ponzi.Morgan
- Launched by the same guy that pushed $dog to $9m +
- 70% of supply locked for 100 years
- This took most of the liquidity today
Good Memes
$lol -> hit $8 .35m, most used emoji, good art, CA starts with LoL, heavily pushed
$culture -> hit $1m , "Men Of Culture", popular sentence on twitter, CTO
$cope -> hit $1m , good meme, good team
$valhalla -> hit $300k , "We are going to Valhalla"
Shrek Memes
$shrek -> hit $750k , popular shrek smile gif, CTO, old coin (14th pumpfun coin ever created)
$donkeh -> hit $400k , old coin got revived cause $shrek was running
Bobo On Sol Launch
$bobo -> hit $3 .75m, "Bobo The Bear", popular meme
- The one on eth is sitting at $90m
- Has been launched on sol a bunch of times already, but none ever stuck
- $mumu on sol has been running lately
- $mumu on sol was launched after the one on eth but surpassed it by far
- $mumu (on sol) flips $bobo (on eth)
Dog Memes
$boppy -> $730k to $1 .6m (2.19x), CTO
$goldy -> hit $2 .26m, golden retriever, very good team
$mooni -> hit $1m , CTO
$magy -> hit $316k , MAGA (Trump's slogan) + dog, good community
$illusion -> hit $310k , good volume
Cat Memes
$mini -> $1 .9m to $22 .6m (11.89x from the low), continues to push, team has a lot planned
$garfi -> hit $1 .3m, based on Garfield
$twinny -> hit $580k , twin cats
$schizo -> hit $500k , CTO
$richi -> hit $460k , "The Richest Cat In Crypto", CTO
$tweakin -> hit $400k , Tripped out cat, "DTO - Dev Take over" lol
$goat -> hit $400k , "Goated", tiktok memes like $aura are pushing, derivatives will follow, cat in a goat costume, CTO
$shiny -> hit $295k , CTO, a shiny cat
More Cooks
$time -> $500k to $2 .45m (4.9x), launched on moonshot
$peanie -> $1 .25m to $10m (8x), chart pushed hard today, penguin meme
$bill -> hit $20m , "Bill The Bear", pushed by KOLs, hyped launch
$meat -> hit $1 .1m, based on
blknoiz06, NSFW
$trett -> hit $675k , trump + $brett
$stick -> hit $640k , "Gas Powered Stick", funny meme
$bloom -> hit $300k , 4chan meme
$it -> hit $285k , simple but good art
Coming into the weekend, I expect things to become even more PvP, focus on protecting your money
Relax on the weekend, lock in for Monday 🤝
$sol pumping -> good for our bags
Volume was mid today, but still had a decent amount of runners
Runner Of The Day
$ponzi -> hit $15 .8m, J.Ponzi.Morgan
- Launched by the same guy that pushed $dog to $9m +
- 70% of supply locked for 100 years
- This took most of the liquidity today
Good Memes
$lol -> hit $8 .35m, most used emoji, good art, CA starts with LoL, heavily pushed
$culture -> hit $1m , "Men Of Culture", popular sentence on twitter, CTO
$cope -> hit $1m , good meme, good team
$valhalla -> hit $300k , "We are going to Valhalla"
Shrek Memes
$shrek -> hit $750k , popular shrek smile gif, CTO, old coin (14th pumpfun coin ever created)
$donkeh -> hit $400k , old coin got revived cause $shrek was running
Bobo On Sol Launch
$bobo -> hit $3 .75m, "Bobo The Bear", popular meme
- The one on eth is sitting at $90m
- Has been launched on sol a bunch of times already, but none ever stuck
- $mumu on sol has been running lately
- $mumu on sol was launched after the one on eth but surpassed it by far
- $mumu (on sol) flips $bobo (on eth)
Dog Memes
$boppy -> $730k to $1 .6m (2.19x), CTO
$goldy -> hit $2 .26m, golden retriever, very good team
$mooni -> hit $1m , CTO
$magy -> hit $316k , MAGA (Trump's slogan) + dog, good community
$illusion -> hit $310k , good volume
Cat Memes
$mini -> $1 .9m to $22 .6m (11.89x from the low), continues to push, team has a lot planned
$garfi -> hit $1 .3m, based on Garfield
$twinny -> hit $580k , twin cats
$schizo -> hit $500k , CTO
$richi -> hit $460k , "The Richest Cat In Crypto", CTO
$tweakin -> hit $400k , Tripped out cat, "DTO - Dev Take over" lol
$goat -> hit $400k , "Goated", tiktok memes like $aura are pushing, derivatives will follow, cat in a goat costume, CTO
$shiny -> hit $295k , CTO, a shiny cat
More Cooks
$time -> $500k to $2 .45m (4.9x), launched on moonshot
$peanie -> $1 .25m to $10m (8x), chart pushed hard today, penguin meme
$bill -> hit $20m , "Bill The Bear", pushed by KOLs, hyped launch
$meat -> hit $1 .1m, based on
blknoiz06, NSFW
$trett -> hit $675k , trump + $brett
$stick -> hit $640k , "Gas Powered Stick", funny meme
$bloom -> hit $300k , 4chan meme
$it -> hit $285k , simple but good art
Coming into the weekend, I expect things to become even more PvP, focus on protecting your money
Relax on the weekend, lock in for Monday 🤝
2 months ago
(E)
Join us today Wed 7/17/24 at 4pm EST for our 6th MEGA Space of ‘Crypto Couch Talk’ w/ INFLUENCERS, YOUTUBERs and 50 top PROJECTS on the banner!
🚨Joint Space link 🎤
https://x.com/i/spaces/1mr...
Hosted by
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...), 0xdr_defi (https://x.com/0xDr_DeFi) & K1dandWalt (https://x.com/K1dandWalt)
W/ all 60 speakers listed below!
Influencers and YouTubers:
CryptosR_Us (https://x.com/CryptosR_Us)
TheSolSaver (https://x.com/TheSolSaver)
Fityeth (https://x.com/Fityeth)
thedabatola (https://x.com/thedabatola)
fecktk (https://x.com/fecktk)
K1d_Crypt0 (https://x.com/K1d_Crypt0)
WALTER_DEFI (https://x.com/WALTER_DEFI)
ParabolicCalls (https://x.com/ParabolicCal...)
RicoMoneybags (https://x.com/RicoMoneybag...)
memecon_lol (https://x.com/MEMECON_lol)
MemeFestWTF (https://x.com/MemeFestWTF)
$POPDOG ‘s friends! CRYPTO is better w FRIENDS! Your network is your Net worth!!! 🤜🤛 💰💰💰
gmecoinsol (https://x.com/gmecoinsol)
Baby_token_sol (https://x.com/Baby_token_s...)
omnomtoken (https://x.com/omnomtoken)
ADAonSOL (https://x.com/ADAonSOL)
OGcatwifcoin (https://x.com/OGcatwifcoin)
DeepSpaceDPS (https://x.com/DeepSpaceDPS)
monke_meme_eth (https://x.com/monke_meme_e...)
redthemals (https://x.com/redthemals)
BonkOfA (https://x.com/BonkOfA)
StanleyPupToken (https://x.com/StanleyPupTo...)
BabaTokenSol (https://x.com/BabaTokenSol)
PopcatBaseToken (https://x.com/PopcatBaseTo...)
updogtoken (https://x.com/updogtoken)
XPXtoken (https://x.com/XPXtoken)
jeeter_on_sol (https://x.com/jeeter_on_so...)
bekeleonsol (https://x.com/bekeleonsol)
steakdtx (https://x.com/steakdtx)
mooskonsol (https://x.com/mooskonsol)
BullVerse_ (https://x.com/BullVerse_) @bullverse
TrumpCash47 (https://x.com/TrumpCash47)
AMWToken (https://x.com/AMWToken)
HegeCoin (https://x.com/HegeCoin)
YoungPeezy_Pepe (https://x.com/YoungPeezy_P...)
MIMoneySol (https://x.com/MIMoneySol)
movement_solana (https://x.com/movement_sol...)
@PengyOS_sol (https://x.com/PengyOS_sol)
RedSolsX (https://x.com/RedSolsX)
jizzussolana (https://x.com/jizzussolana)
TTFBot (https://x.com/TTFBot)
@FeykNooz (https://x.com/FeykNooz)
@GameBoyOnSol (https://x.com/GameBoyOnSol)
ITSJOEVERRR (https://x.com/ITSJOEVERRR)
jeetolaxonbase (https://x.com/jeetolaxonba...)
Harvardwashing (https://x.com/Harvardwashi...)
TargetCart_SOL_ (https://x.com/TargetCart_S...)
TrumpSolMAGA (https://x.com/TrumpSolMAGA)
Lightspeed_Coin (https://x.com/Lightspeed_C...)
SUPERSSOLANA (https://x.com/SUPERSSOLANA)
RealGoatCoin (https://x.com/RealGoatCoin)
kitsunetokensol (https://x.com/kitsunetoken...)
TheSolanaMayor (https://x.com/TheSolanaMay...)
TheGudBanana (https://x.com/TheGudBanana)
nothingiscrypto (https://x.com/nothingiscry...)
ZazaOnSolana (https://x.com/ZazaOnSolana)
anonhunts(https://x.com/anonhunts)
preOnSol (https://x.com/preOnSol)
SWIFTIES_ERC (https://x.com/SWIFTIES_ERC)
MoonstersWeb3 (https://x.com/MoonstersWeb...)
BasedTHC (https://x.com/BasedTHC)
SOLbirddog (https://x.com/SOLbirddog)
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...) $POPDOG
And more!!! 🙌
#crypto and #MEMES massive chill and shill dropping their Alpha 🚀🚀
All Projects are invited! 🐶🐱🦊🐸🦍
And POPCAT on SOL your INVITED again too! 🥳 POP POP POP We’re all freinds here! We don’t bite, We POP! 🐶🐱 $POPCAT POPCATSOLANA (https://x.com/POPCATSOLANA)
POPCATwtf (https://x.com/POPCATwtf)
And the BIG DOGS on SOLANA! $WIF 🐕 $BONK 🦮 $MYRO 🐕🦺
🚨Joint Space link 🎤
https://x.com/i/spaces/1mr...
Hosted by
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...), 0xdr_defi (https://x.com/0xDr_DeFi) & K1dandWalt (https://x.com/K1dandWalt)
W/ all 60 speakers listed below!
Influencers and YouTubers:
CryptosR_Us (https://x.com/CryptosR_Us)
TheSolSaver (https://x.com/TheSolSaver)
Fityeth (https://x.com/Fityeth)
thedabatola (https://x.com/thedabatola)
fecktk (https://x.com/fecktk)
K1d_Crypt0 (https://x.com/K1d_Crypt0)
WALTER_DEFI (https://x.com/WALTER_DEFI)
ParabolicCalls (https://x.com/ParabolicCal...)
RicoMoneybags (https://x.com/RicoMoneybag...)
memecon_lol (https://x.com/MEMECON_lol)
MemeFestWTF (https://x.com/MemeFestWTF)
$POPDOG ‘s friends! CRYPTO is better w FRIENDS! Your network is your Net worth!!! 🤜🤛 💰💰💰
gmecoinsol (https://x.com/gmecoinsol)
Baby_token_sol (https://x.com/Baby_token_s...)
omnomtoken (https://x.com/omnomtoken)
ADAonSOL (https://x.com/ADAonSOL)
OGcatwifcoin (https://x.com/OGcatwifcoin)
DeepSpaceDPS (https://x.com/DeepSpaceDPS)
monke_meme_eth (https://x.com/monke_meme_e...)
redthemals (https://x.com/redthemals)
BonkOfA (https://x.com/BonkOfA)
StanleyPupToken (https://x.com/StanleyPupTo...)
BabaTokenSol (https://x.com/BabaTokenSol)
PopcatBaseToken (https://x.com/PopcatBaseTo...)
updogtoken (https://x.com/updogtoken)
XPXtoken (https://x.com/XPXtoken)
jeeter_on_sol (https://x.com/jeeter_on_so...)
bekeleonsol (https://x.com/bekeleonsol)
steakdtx (https://x.com/steakdtx)
mooskonsol (https://x.com/mooskonsol)
BullVerse_ (https://x.com/BullVerse_) @bullverse
TrumpCash47 (https://x.com/TrumpCash47)
AMWToken (https://x.com/AMWToken)
HegeCoin (https://x.com/HegeCoin)
YoungPeezy_Pepe (https://x.com/YoungPeezy_P...)
MIMoneySol (https://x.com/MIMoneySol)
movement_solana (https://x.com/movement_sol...)
@PengyOS_sol (https://x.com/PengyOS_sol)
RedSolsX (https://x.com/RedSolsX)
jizzussolana (https://x.com/jizzussolana)
TTFBot (https://x.com/TTFBot)
@FeykNooz (https://x.com/FeykNooz)
@GameBoyOnSol (https://x.com/GameBoyOnSol)
ITSJOEVERRR (https://x.com/ITSJOEVERRR)
jeetolaxonbase (https://x.com/jeetolaxonba...)
Harvardwashing (https://x.com/Harvardwashi...)
TargetCart_SOL_ (https://x.com/TargetCart_S...)
TrumpSolMAGA (https://x.com/TrumpSolMAGA)
Lightspeed_Coin (https://x.com/Lightspeed_C...)
SUPERSSOLANA (https://x.com/SUPERSSOLANA)
RealGoatCoin (https://x.com/RealGoatCoin)
kitsunetokensol (https://x.com/kitsunetoken...)
TheSolanaMayor (https://x.com/TheSolanaMay...)
TheGudBanana (https://x.com/TheGudBanana)
nothingiscrypto (https://x.com/nothingiscry...)
ZazaOnSolana (https://x.com/ZazaOnSolana)
anonhunts(https://x.com/anonhunts)
preOnSol (https://x.com/preOnSol)
SWIFTIES_ERC (https://x.com/SWIFTIES_ERC)
MoonstersWeb3 (https://x.com/MoonstersWeb...)
BasedTHC (https://x.com/BasedTHC)
SOLbirddog (https://x.com/SOLbirddog)
@POPDOGsolcoin (https://x.com/POPDOGsolcoi...) $POPDOG
And more!!! 🙌
#crypto and #MEMES massive chill and shill dropping their Alpha 🚀🚀
All Projects are invited! 🐶🐱🦊🐸🦍
And POPCAT on SOL your INVITED again too! 🥳 POP POP POP We’re all freinds here! We don’t bite, We POP! 🐶🐱 $POPCAT POPCATSOLANA (https://x.com/POPCATSOLANA)
POPCATwtf (https://x.com/POPCATwtf)
And the BIG DOGS on SOLANA! $WIF 🐕 $BONK 🦮 $MYRO 🐕🦺
2 months ago
Daily Memecoin Recap - July 8
In these market conditions, 99.9% of coins die within the same day
Learn to make your money & move onto the next opportunity
Messi Promotion
$water -> $24 .95m to $133m (5.33x)
- Lionel Messi posts a promotion for $water on his ig story
- Water team has hella money to spend
Pauly Pushes a New Coin
$cam -> hit $3 .84m,
Pauly0x, coin about bigbendoteth
Solly Relaunch
$solly -> hit $11m , claims they relaunched because some KOLs dumped the chart
Retardio ATH
$retardio -> $12 .6m to $74 .7m (5.96x from the low)
- One of the most insane communities on CT
Dog Memes
$boppy -> $182k to $1 .2m (6.62x), CTO
$gibby -> hit $1m , CTO, good volume
$pluto -> hit $990k
$ranchy -> hit $900k , CTO, infinitely memeable cute dog
$pup -> hit $490k , "pupcorn"
Cat Memes
$mao -> $760k to $4 .57m (6x), CTO, either a dead cat bounce or coming back to life
$gm -> $405k to $1 .48m (3.65x), good ticker
$bub -> hit $1m , this meme has been done multiple times
$tard -> hit $550k , CTO
$chandi -> hit $520k ,
bsol_x's cat, not her coin
Moonshot Launches
$landlord -> $1 .81m to $7 .34m (4.05x),
dexscreener's moonshot
$notsec -> hit $3 .64m
$josh -> hit $900k , "strongest man on solana"
$obema -> hit $560k , redacted MichelleObama
More Cooks
$lockin -> $16 .56m to $37m (2.23x), solid community, lockin has cemented itself as a leader in the slang meta
$nomnom -> $802k to $4m (4.98x)
$shork -> $555k to $1 .42m (2.55x), team continues to push, originally launched by yelotree
$typeshit -> $420k to $2 .7m (6.42x), normie approved meme, goated CTO team, good community
$max -> hit $14 .5m, heavily bundled
$rocky -> hit $2 .2m, good team & community, literally just a rock
$glitch -> hit $1m
$mitty -> hit $826k , "
Matt_Furie's pet hamster"
Volume is low, most coins are pump & dumps
It's all about who can exit first at the moment, no one wants to hold for long
$sol to $250 asap pls
In these market conditions, 99.9% of coins die within the same day
Learn to make your money & move onto the next opportunity
Messi Promotion
$water -> $24 .95m to $133m (5.33x)
- Lionel Messi posts a promotion for $water on his ig story
- Water team has hella money to spend
Pauly Pushes a New Coin
$cam -> hit $3 .84m,
Pauly0x, coin about bigbendoteth
Solly Relaunch
$solly -> hit $11m , claims they relaunched because some KOLs dumped the chart
Retardio ATH
$retardio -> $12 .6m to $74 .7m (5.96x from the low)
- One of the most insane communities on CT
Dog Memes
$boppy -> $182k to $1 .2m (6.62x), CTO
$gibby -> hit $1m , CTO, good volume
$pluto -> hit $990k
$ranchy -> hit $900k , CTO, infinitely memeable cute dog
$pup -> hit $490k , "pupcorn"
Cat Memes
$mao -> $760k to $4 .57m (6x), CTO, either a dead cat bounce or coming back to life
$gm -> $405k to $1 .48m (3.65x), good ticker
$bub -> hit $1m , this meme has been done multiple times
$tard -> hit $550k , CTO
$chandi -> hit $520k ,
bsol_x's cat, not her coin
Moonshot Launches
$landlord -> $1 .81m to $7 .34m (4.05x),
dexscreener's moonshot
$notsec -> hit $3 .64m
$josh -> hit $900k , "strongest man on solana"
$obema -> hit $560k , redacted MichelleObama
More Cooks
$lockin -> $16 .56m to $37m (2.23x), solid community, lockin has cemented itself as a leader in the slang meta
$nomnom -> $802k to $4m (4.98x)
$shork -> $555k to $1 .42m (2.55x), team continues to push, originally launched by yelotree
$typeshit -> $420k to $2 .7m (6.42x), normie approved meme, goated CTO team, good community
$max -> hit $14 .5m, heavily bundled
$rocky -> hit $2 .2m, good team & community, literally just a rock
$glitch -> hit $1m
$mitty -> hit $826k , "
Matt_Furie's pet hamster"
Volume is low, most coins are pump & dumps
It's all about who can exit first at the moment, no one wants to hold for long
$sol to $250 asap pls
