Daily Memecoin Recap - December 7

AI coins are here to stay

Mistreated Bear
$honey -> hit $15 .2m, justice for honey
$honey -> hit $2 .6m, OG one
$pooh -> hit $785k , Honey's brother

Nothing
$　-> hit $176m ,

TikTok Meta
$prawn -> hit $48 .8m, pepe the king prawn
$apple -> hit $8 .7m, apple dog
#plankton -> hit $6 .9m
$justin -> hit $1 .9m, justin the tree

Elon's Son
$lilx -> hit $6 .15m,

#minidoge -> hit $5 .4m

Artificial intelligence
#ai16z -> hit $721m
$alch -> hit $115m
#griffain -> hit $100m , agents
$grift -> hit $27 .8m, created by sphereone_

$realis -> hit $23 .5m, AI world
$asym -> hit $17 .4m, somehow related to $bome
#n2 -> hit $12 .8m
#limitless -> hit $9 .6m
$qgg -> hit $7 .5m, Exploring new ways to visualize the blockchain
$outer -> hit $5 .8m
$voyage -> hit $3 .7m
$lucy -> hit $3 .6m
$mates -> hit $1 .9m

Christmas Meta
#wifmas -> hit $4 .8m
#jinglebags -> hit $1 .6m
#pnutmas -> hit $1 .2m, $pnut beta
#babygrinch -> hit $700k
#santacat -> hit $519k

Science Meta
$dna -> hit $19 .8m
$rna -> hit $4 .5m
$xna -> hit $2 .3m
#enzyme -> hit $1 .9m

More Cooks
$rizo -> hit $21m
$kwant -> hit $9 .2m
$trust -> hit $8 .4m, trust the process
$pedro -> hit $8m
$aftr -> hit $4 .5m, a fork in the road
$jim -> hit $3m
#minidoge -> hit $3m
$phrog -> hit $2 .5m
$munky -> hit $1 .6m
$moon -> hit $1 .3m
$sperm -> hit $1 .2m
$bc -> hit $1 .2m, original $btc logo
#dopamine -> hit $1 .1m
#manhunt -> hit $960k , UnitedHealthcare CEO shooter
$pepe -> hit $680k

It’s here — a crypto game for mass audiences.

Everything you need to know about
@solana
's new mobile shooter -- FTW 🔫👇

========================================
jungle_xyz’s FTW is a fast-paced mobile shooter where players can play casually or win real rewards by competing in tournaments and PVP wagering matches.

While FTW has multiple ways to play—Free-for-Alls, Team Deathmatches, and Extractions (akin to capture the flag)—its main mode is Showdown, where 10 players face off in a 3-minute Battle Royale. Here, players spawn with randomized load-outs of different heroes, weapons, and gadgets and can respawn during the first 2 minutes, battling to rack up points and buffs.

After this, the playing zone starts closing and respawns are disabled until the last player standing claims victory. Along the way, players can pick up new weapons and equipment scattered across the map. These come in four rarity levels: White, Blue, Purple, and Yellow, each offering increased power for an edge as the match progresses.
⚔️ Qualifiers (Mon-Fri): During weekdays, you can play Showdown matches for free and collect points to prepare for the weekend Finals. This mode helps you accumulate upgrades, currencies, and tickets, which will be crucial for weekend competition.

🎖Finals (Sat-Sun): The weekend Finals require one ticket per match, and only these games count toward the leaderboard for prizes. Players can win $USDC , $SOL , in-game rewards, and whitelist spots for Jungle’s Genesis mint — though you must connect your wallet and Discord to be eliglible.

Additionally, there is a Monthly Leaderboard on FTW’s Jungle Discord, where your Finals scores accumulate throughout the month. Players who perform well can qualify for boosted rewards.

How to Get Started:

Additional Features:

🎯 Auto-Aim: FTW lets you choose between manual and auto-aim in its settings. While it may burn through your bullets, personally I’d recommend auto.

💥 Hero Ultimates: Each hero has a unique ultimate ability like airstrikes, poison gas, or shock blasts, which charges up as the match goes on and you rack up more stats.

🧰 Hero and Weapon Upgrades: XP will be earned as you play, alongside crates offering unique boosts which can be used to upgrade your heroes and weapons, increasing traits like their resilience, precision, and speed.

How to Earn:

FTW’s tournaments are where the money’s made, and these events are split into Qualifiers and Finals:

📲 Download FTW: The game is available on the iOS App Store and Google Play in early access worldwide.

✅ Sign Up: Once downloaded, create your account through your email or Google.

🔗 Link Your Account: To qualify for rewards, join the Jungle Discord and complete your profile under the profile channel by linking your FTW account (a code will be provided in the app) and Solana wallet.

🏆 Join Tournaments: Participate in weekly Qualifiers to earn points, and use tickets to join the weekend Finals for a shot at the prizes.

And that's all it takes to get started here!

With mobile games feeling ripe for crypto adoption by augmenting their casual gameplay with onchain rewards, Jungle looks to be flying under the radar as a studio to watch.

Move quickly, though! The last Qualifiers for this first “Play-to-Mint” tournament end on September 27th, though we can expect more down the line.

✍️ by wmpeaster

Will rate cuts restart crypto's bull run? 🐂

Here's what could happen next 👇
========================================

In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."

If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!

Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.

The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.

Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.

While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.

Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.

Analysis by JackInabinet

Former Binance CEO Changpeng Zhao (CZ) has been moved from his prison to the RRM Long Beach halfway house in California and has not been freed, despite claims from excited X (formerly Twitter) users.

CZ was initially being held at FCI Lompoc II prison, also in California. However, the federal inmate tracker was updated this week to reveal he has been moved to Long Beach.

RRM Long Beach is classed as a ‘residential reentry management (RRM) field office,’ otherwise known as a ‘halfway house.’ Federal inmate communications provider InmateAID says it is a housing unit that assists inmates nearing their release date.

InmateAID says, “There is no security level other than voluntary compliance but there is a strict adherence to the rules of the house.”

This means that while CZ will technically be out of prison — RRM Long Beach is a Bureau of Prisons-administered facility rather than a prison per se — he will still be serving his sentence.

💬 Franklin Templeton CEO Jenny Johnson is shocked by how much traditional finance underestimates #Bitcoin .

In a conversation at the Wyoming Blockchain Symposium in Jackson Hole, she said:

“What’s crazy to me is that in traditional finance, they have no idea how much money and how much volume [of bitcoin] there is “

http://coindesk.com/busine...

Gm web3 mates😊

🟡 According to JPMorgan, the bearish phase in the cryptocurrency market is coming to an end, and a bullish recovery would even be expected as early as August.

The banking giant estimates that the liquidations, mainly due to Mt. Gox creditors and Bitcoin sales by the German government, should end by the end of July. Enough to allow cryptos to take off again!