🇺🇸 US lawmakers Tom Emmer and Patrick McHenry ask Gary Gensler to clarify the agency's position on crypto airdrops.

“As you know, the philosophy of crypto and blockchain technology is based on decentralization.”

"Yet the SEC's regulatory approach appears to make the goal of decentralization impossible to achieve."

“By prohibiting Americans from participating in aurdrops, the SEC is preventing American cryptocurrency users from fully realizing the benefits of blockchain technology.”

“The SEC’s approach during your tenure has only ensured that the next iteration of the internet will not be designed by Americans or with American values, which is not in the best interests of our constituents.”

Daily Memecoin Recap - June 18

Low volume day compared to yesterday

Still some good plays

Heavy Hitters
$billy -> $17 .33m to $64 .4m (3.71x), continues to get pushed by whales
$wolf -> $16m to $61m (3.81x), controlled supply by a good team = bullish

Dog meta on top
$holdy -> hit $4m , CTO
$jotchua -> hit $2 .7m
$henry -> hit $1 .7m, CTO
$booper -> hit $1 .7m, good team
$shibby -> hit $774k , CTO
$pawtus -> hit $593k ,
POTUS + dog meta, CTO
$bunny -> hit $590k , CTO
$honey -> hit $525k
$peep -> hit $512k

Martin Shkreli bets that $djt is really Trump's coin
- GCR offered to bet $100m
-
zachxbt is exposing $djt & insiders
-
MartinShkreli is exposed for being related to the $djt launch

Trump Rally
$maga -> hit $2m , "maganomics"
- Trump had a rally today, people were speculating on him to talk about $djt /crypto

Others
$diamond -> $256k to $1 .4m (5.47x), "diamond hands"

$chippy -> hit $7m , big KOLs supporting
$wig -> hit $2 .3m
$pvidia -> hit $724k , $pepe + $nvidia

One day market is hot, next day market is dead

Let's see what tomorrow brings🤝