3 days ago
Daily Memecoin Recap - December 1
New month, new opportunities
XRP Takes Over
$xrp -> hit $9 .5m, XRP on $sol
$xrp -> hit $2m , redacted version
$btc -> hit $1 .8m, BTC on sol, $xrp beta
- Tiktokers are bullish on xrp
- Xrp is a meme in and of itself
- If you're buying memes on xrp ur ngmi
Buy & Sell Multiple Coins
$port -> hit $23m
- This platform lets you buy and sell multiple coins in a single transaction
- You make your own portfolio of up to four coins
First AI TikTok Live Streamer
$buzz -> hit $2 .2m
Pump Fun Mascot
$bumpie -> hit $1 .3m
Degen Memes
$usdt -> hit $7 .8m, usdt to $5
$lemon -> hit $4 .2m
#spooderman -> hit $2 .3m, redacted spiderman
$aut -> hit $1 .5m, absolute brainrot
$parrot -> hit $1 .5m, party parrot
Artificial Intelligence
$alch -> hit $83m , unique tech with a market place
$max -> hit $15 .2m, $btc maxi
$skai -> hit $4 .5m, skainet
$ascend -> hit $4m
$arc -> hit $3 .1m
$e /69 -> hit $3 .1m
Christmas Meta
#santahat -> hit $15m
$welf -> hit $8 .3m, runescape meme
$gingy -> hit $1 .8m, The Gingerbread Man
$kevin -> hit $950k , home alone actor
More Cooks
$mundi -> hit $100m
$sitcom -> hit $26m
$pronut -> hit $12 .4m
$pearl -> hit $8 .3m
$tardi -> hit $3 .6m
$mind -> hit $2 .6m, hyped launched
$bob -> hit $2 .1m, spongebob meme
$snoopy -> hit $1 .8m
$elsa -> hit $1 .6m, princess elsa from frozen
$yolo -> hit $1m
#1000xDec -> hit $843k , 1000x in December
$cancel -> hit $720k , cancel culture
What are your goals to end the year?
New month, new opportunities
XRP Takes Over
$xrp -> hit $9 .5m, XRP on $sol
$xrp -> hit $2m , redacted version
$btc -> hit $1 .8m, BTC on sol, $xrp beta
- Tiktokers are bullish on xrp
- Xrp is a meme in and of itself
- If you're buying memes on xrp ur ngmi
Buy & Sell Multiple Coins
$port -> hit $23m
- This platform lets you buy and sell multiple coins in a single transaction
- You make your own portfolio of up to four coins
First AI TikTok Live Streamer
$buzz -> hit $2 .2m
Pump Fun Mascot
$bumpie -> hit $1 .3m
Degen Memes
$usdt -> hit $7 .8m, usdt to $5
$lemon -> hit $4 .2m
#spooderman -> hit $2 .3m, redacted spiderman
$aut -> hit $1 .5m, absolute brainrot
$parrot -> hit $1 .5m, party parrot
Artificial Intelligence
$alch -> hit $83m , unique tech with a market place
$max -> hit $15 .2m, $btc maxi
$skai -> hit $4 .5m, skainet
$ascend -> hit $4m
$arc -> hit $3 .1m
$e /69 -> hit $3 .1m
Christmas Meta
#santahat -> hit $15m
$welf -> hit $8 .3m, runescape meme
$gingy -> hit $1 .8m, The Gingerbread Man
$kevin -> hit $950k , home alone actor
More Cooks
$mundi -> hit $100m
$sitcom -> hit $26m
$pronut -> hit $12 .4m
$pearl -> hit $8 .3m
$tardi -> hit $3 .6m
$mind -> hit $2 .6m, hyped launched
$bob -> hit $2 .1m, spongebob meme
$snoopy -> hit $1 .8m
$elsa -> hit $1 .6m, princess elsa from frozen
$yolo -> hit $1m
#1000xDec -> hit $843k , 1000x in December
$cancel -> hit $720k , cancel culture
What are your goals to end the year?
3 days ago
1 month left in 2024 to achieve greatness:
- Put in as many hours as possible
- Set a profit goal
- Set a max amount that you're willing to risk
- Identify your best setups and focus on that
- Double down on strategies that work best for you
- Focus on quality over quantity
The market won't stay like this forever, capitalize on it while you can
- Put in as many hours as possible
- Set a profit goal
- Set a max amount that you're willing to risk
- Identify your best setups and focus on that
- Double down on strategies that work best for you
- Focus on quality over quantity
The market won't stay like this forever, capitalize on it while you can
12 days ago
You'll never be able to control the market
Sometimes your thesis could be 10/10, but the market simply rejects it
Master the things you CAN control:
- Your entry
- Your exit
- Your risk
- Your position sizing
- Your ability to cut losses
- Your emotions
Trading is a probabilities game
Do everything you can to maximize your odds
Sometimes your thesis could be 10/10, but the market simply rejects it
Master the things you CAN control:
- Your entry
- Your exit
- Your risk
- Your position sizing
- Your ability to cut losses
- Your emotions
Trading is a probabilities game
Do everything you can to maximize your odds
18 days ago
Daily Memecoin Recap - November 15
We got a decent amount of $10m + runners, but lots of pvp today
Mascot Meta
$lester -> hit $197m , litecoin mascot
$phil -> hit $23 .4m, binance mascot
$cupsey -> hit $21 .5m, pumpdotfun mascot
$clark -> hit $10m , coinbase mascot
$chatty -> hit $9 .1m, ChatGPTapp mascot
$bibi -> hit $2 .6m, tweet from 2018 of binance tweeting a coin/mascot
$blocky -> hit $2 .5m, okx mascot
$poly -> hit $2m , 0xPolygon mascot
- Litecoin started the mascot meta
- A bunch of companies are now coming up with their own mascots
Phantom Deployed A Coin?
#kendrook -> hit $7 .5m
- Someone did research going through a video made by phantom founder BChillman
Bitcoin Mascots
$bitcat -> hit $90m , Bitcoin mascot, greg16676935420 replied
$alpaca -> hit $14 .2m, old bitcoin mascot from 2011
$bitdog -> hit $6 .8m, $bitcat beta
#bitrhino -> hit $4m
Hasbulla Joins Memes
$barsik -> hit $103m , Hasbulla's cat
- hasbulla_main, continues to push his coin
Elon's New Podcast
$ @doge -> hit $37m , DOGE, Elon tweeted
#dogecast -> hit $33m
- Dogecast is a new podcast featuring VivekGRamaswamy and elonmusk
Mike Tyson vs Jake Paul
$tyson -> hit $5 .5m
$fight -> hit $4 .6m
#mikeass -> hit $3 .5m, MikeTyson goes viral after pantless in an interview
NYC Dog Mayor
$bert -> hit $185m , crashed to $12m (currently at $70m )
$simon -> hit $25m , Simon beat Bert to become the mayor for the next 2 years
Moo Deng Wants A Billion
#moodeng -> $282m to $703m (2.5x)
Animals
#charlie -> hit $15m
$bella -> hit $6 .1m, dog meme
$vibe -> hit $4m , vibe cat, OG meme, has been done multiple times
$nibsy -> hit $1 .3m, cat meme
Pnut Betas
#cheyenne -> hit $41m , first animal in $pnut 's freedom farm
#babypnut -> hit $23m
#pepnut -> hit $3 .5m, $pepe + $pnut
$tunp -> hit $1 .7m, pnut backwards
Artificial Intelligence
$goat -> hit $1 .2b, ATH
#zerebro -> hit $265m
$ava -> hit $90m , AI agent for storytelling, good tech
$rex -> hit $41m , moonshotdotcc launch, $800k + in LP Rewards
$aika -> hit $19 .6m
More Cooks
$maneki -> hit $130m , idrawline pushing
$arie -> hit $19m
$maxx -> hit $7 .4m
#malicious -> hit $5 .3m
How much are you up/down this week?
We got a decent amount of $10m + runners, but lots of pvp today
Mascot Meta
$lester -> hit $197m , litecoin mascot
$phil -> hit $23 .4m, binance mascot
$cupsey -> hit $21 .5m, pumpdotfun mascot
$clark -> hit $10m , coinbase mascot
$chatty -> hit $9 .1m, ChatGPTapp mascot
$bibi -> hit $2 .6m, tweet from 2018 of binance tweeting a coin/mascot
$blocky -> hit $2 .5m, okx mascot
$poly -> hit $2m , 0xPolygon mascot
- Litecoin started the mascot meta
- A bunch of companies are now coming up with their own mascots
Phantom Deployed A Coin?
#kendrook -> hit $7 .5m
- Someone did research going through a video made by phantom founder BChillman
Bitcoin Mascots
$bitcat -> hit $90m , Bitcoin mascot, greg16676935420 replied
$alpaca -> hit $14 .2m, old bitcoin mascot from 2011
$bitdog -> hit $6 .8m, $bitcat beta
#bitrhino -> hit $4m
Hasbulla Joins Memes
$barsik -> hit $103m , Hasbulla's cat
- hasbulla_main, continues to push his coin
Elon's New Podcast
$ @doge -> hit $37m , DOGE, Elon tweeted
#dogecast -> hit $33m
- Dogecast is a new podcast featuring VivekGRamaswamy and elonmusk
Mike Tyson vs Jake Paul
$tyson -> hit $5 .5m
$fight -> hit $4 .6m
#mikeass -> hit $3 .5m, MikeTyson goes viral after pantless in an interview
NYC Dog Mayor
$bert -> hit $185m , crashed to $12m (currently at $70m )
$simon -> hit $25m , Simon beat Bert to become the mayor for the next 2 years
Moo Deng Wants A Billion
#moodeng -> $282m to $703m (2.5x)
Animals
#charlie -> hit $15m
$bella -> hit $6 .1m, dog meme
$vibe -> hit $4m , vibe cat, OG meme, has been done multiple times
$nibsy -> hit $1 .3m, cat meme
Pnut Betas
#cheyenne -> hit $41m , first animal in $pnut 's freedom farm
#babypnut -> hit $23m
#pepnut -> hit $3 .5m, $pepe + $pnut
$tunp -> hit $1 .7m, pnut backwards
Artificial Intelligence
$goat -> hit $1 .2b, ATH
#zerebro -> hit $265m
$ava -> hit $90m , AI agent for storytelling, good tech
$rex -> hit $41m , moonshotdotcc launch, $800k + in LP Rewards
$aika -> hit $19 .6m
More Cooks
$maneki -> hit $130m , idrawline pushing
$arie -> hit $19m
$maxx -> hit $7 .4m
#malicious -> hit $5 .3m
How much are you up/down this week?
25 days ago
How to maximize your money-making in crypto
1. Major conviction bags -> $BTC , $SOL , $ETH
- Consider these your long-term holdings
- This is where you make money (mostly) stress-free
2. Memecoin conviction bags
- High-risk long-term holdings
- Established memes above $100m market cap
3. Degen bags
- Gambles/shitters that you trade on the daily
- Quick in-and-outs
- At the end of the day stable 50%+ of your profits
4. Stables
- The whole point of milking the bull market is for you to increase your stable stack
- Your number one priority is to make money
- You won't be holding the majority of these shitters in 6 months
Take profit along the way & enjoy the ride
1. Major conviction bags -> $BTC , $SOL , $ETH
- Consider these your long-term holdings
- This is where you make money (mostly) stress-free
2. Memecoin conviction bags
- High-risk long-term holdings
- Established memes above $100m market cap
3. Degen bags
- Gambles/shitters that you trade on the daily
- Quick in-and-outs
- At the end of the day stable 50%+ of your profits
4. Stables
- The whole point of milking the bull market is for you to increase your stable stack
- Your number one priority is to make money
- You won't be holding the majority of these shitters in 6 months
Take profit along the way & enjoy the ride
28 days ago
Daily Memecoin Reap - November 6
$SOL hit $192 . Let the supercycle begin
Bome Cabal Launch
$smr -> hit $31m , pushed by $BOME artist Darkfarms1
Senator Posts Lazer Eyes
$₿right -> hit $1 .3m, SenLummis posted a picture of herself with the famous lazor eyes, showing support to $BTC
Trump Wins The Election
$dmaga -> $6 .7m to $21m (3.1x)
$doge -> $1 .1m to $9m (8.2x), Department of Gov Efficiency
$ross -> $225k to $5m (22x), Ross Ulbricht, mentioned by realdonaldtrump
$dream -> hit $5 .3m, DREAM BIG AGAIN
#magacycle -> hit $5 .1m
$bull -> hit $4 .6m, Trump's Golden Bull
$trumpW -> hit $3 .6m, Trump Won
$sink -> hit $3m , Let that sink in
$trumpw -> hit $1 .7m
$sink -> hit $923k , another one
$gg -> hit $500k , Goodbye Gary
Long Live Peanut
$pnut -> $27m to $179 .3m (6.6x)
$peanut -> $330k to $18 .7m (5.2x)
$fred -> $1 .7m to $13m (7.7x), raccoon euthanized with Peanut
$chloe -> hit $560k , peanut's sister
Hawk Tuah Video
#HawkTuah -> hit $3 .5m, HalieyWelchX posts a video of her phantom wallet
- 50% of supply was sent to her wallet
- She teased at launching her own coin (coming soon)
Bullish Art
$fwog -> hit $534m
$tuki -> hit $5 .5m, unique bunny art
$frog -> hit $3 .6m
$tobi -> hit $2m , frog meme
$ONXE -> hit $820k
More Cooks
$sigma -> $72m to $141m (1.96x)
$luce -> $15 .5m to $64m (4.1x)
$retire -> $3 .9m to $9 .8m (2.5x)
$lockin -> hit $115m
$earl -> $23 .8m
$sony -> hit $5m
$based -> hit $3 .9m
$innit -> hit $2m , british slang
$nos -> hit $1 .8m, Novus Ordo Seclorum
$sharky -> hit $1 .7m, moonshot launch, $57k in LP Rewards
$hester -> hit $1 .7m, Crypto Mom
$buck -> hit $1 .7m
$nob -> hit $1 .6m, Novus Ordo Sectorum
$milo -> hit $1 .3m
$bubble -> hit $925k
$slurp -> hit $807k
$pierre -> hit $774k
$gomu -> hit $770k
$snowflake -> hit $754k , rip penguin
$gecko -> hit $680k , gecko AI
$maxi -> hit $450k
We are still early
Trump win secured, next step $sol ATH
$SOL hit $192 . Let the supercycle begin
Bome Cabal Launch
$smr -> hit $31m , pushed by $BOME artist Darkfarms1
Senator Posts Lazer Eyes
$₿right -> hit $1 .3m, SenLummis posted a picture of herself with the famous lazor eyes, showing support to $BTC
Trump Wins The Election
$dmaga -> $6 .7m to $21m (3.1x)
$doge -> $1 .1m to $9m (8.2x), Department of Gov Efficiency
$ross -> $225k to $5m (22x), Ross Ulbricht, mentioned by realdonaldtrump
$dream -> hit $5 .3m, DREAM BIG AGAIN
#magacycle -> hit $5 .1m
$bull -> hit $4 .6m, Trump's Golden Bull
$trumpW -> hit $3 .6m, Trump Won
$sink -> hit $3m , Let that sink in
$trumpw -> hit $1 .7m
$sink -> hit $923k , another one
$gg -> hit $500k , Goodbye Gary
Long Live Peanut
$pnut -> $27m to $179 .3m (6.6x)
$peanut -> $330k to $18 .7m (5.2x)
$fred -> $1 .7m to $13m (7.7x), raccoon euthanized with Peanut
$chloe -> hit $560k , peanut's sister
Hawk Tuah Video
#HawkTuah -> hit $3 .5m, HalieyWelchX posts a video of her phantom wallet
- 50% of supply was sent to her wallet
- She teased at launching her own coin (coming soon)
Bullish Art
$fwog -> hit $534m
$tuki -> hit $5 .5m, unique bunny art
$frog -> hit $3 .6m
$tobi -> hit $2m , frog meme
$ONXE -> hit $820k
More Cooks
$sigma -> $72m to $141m (1.96x)
$luce -> $15 .5m to $64m (4.1x)
$retire -> $3 .9m to $9 .8m (2.5x)
$lockin -> hit $115m
$earl -> $23 .8m
$sony -> hit $5m
$based -> hit $3 .9m
$innit -> hit $2m , british slang
$nos -> hit $1 .8m, Novus Ordo Seclorum
$sharky -> hit $1 .7m, moonshot launch, $57k in LP Rewards
$hester -> hit $1 .7m, Crypto Mom
$buck -> hit $1 .7m
$nob -> hit $1 .6m, Novus Ordo Sectorum
$milo -> hit $1 .3m
$bubble -> hit $925k
$slurp -> hit $807k
$pierre -> hit $774k
$gomu -> hit $770k
$snowflake -> hit $754k , rip penguin
$gecko -> hit $680k , gecko AI
$maxi -> hit $450k
We are still early
Trump win secured, next step $sol ATH
2 months ago
Daily Memecoin Recap - October 15
Feels like happy land right now
Artificial Intelligence Bots
$medusa -> hit $31 .2m, heavily pushed by suganarium
#floydai -> hit $17 .2m, launched in April, coming back from the dead with the recent AI meta, George Floyd
#terminal -> hit $15 .2m
$arcane -> hit $1 .55m
#perseus -> hit $900k
- AI coins continue to take the spotlight
- They bullpost their own coin 24/7
Goat First Mover
$goat -> $97 .2m to $182 .1m (1.87x), leader of the AI meta, truth_terminal
$megs -> hit $6 .9m, truth_terminal ( $goat ) often speaks to megs_io
$wen -> hit $1 .85m, shilled by truth_terminal
Anime Meta
$gmika -> hit $8 .39m, AI waifu that you can private chat with on telegram
$amber -> hit $1 .2m, AI bot
$waifu -> hit $589k
$an /gel -> hit $320k
Animal Meta
$miharu -> $321k to $7 .2m (22.5x), Miharu The Smiling Dolphin
#meowmeow -> hit $7 .63m, tiktok trend about an AI animated cat (AI + Cat metas)
$atlas -> hit $2 .13m, new SeaWorld penguin
$mole -> hit $1 .5m, Mole The Sloth
$popo -> hit $1 .21m
#quaestio -> hit $457k , paleontologists may have discovered earth's oldest moving animal
$podcat -> hit $435k , cat on podcast
#popcorn -> hit $411k , popcorn the wood dog, viral dog
Good Volume
$autism -> $2 .48m to $14 .7m (5.93x)
$btcat -> $550k to $3 .57m (6.49x), first cat to appear on the blockchain
$mod -> $10k to $490k (49x), moon or dust, launched on July 22, has been dead since
$higher -> hit $2 .89m, time to go higher
$nigma -> hit $1 .69m, $sigma beta
$cash -> hit $1 .64m, moneys calling
$late -> hit $1m
$twk -> hit $862k , Those Who Know
$forest -> hit $578k
Eth Memes
$klaus -> hit $44 .5m, Matt Furie Meta
#wizard -> hit $5 .7m, pushed by Nate_Rivers, $cb on $eth instead of $sol
More Cooks
$moji -> hit $10 .63m, purple pickle emoji
#wolfina -> hit $3 .76m, woman version of $wolf
$wolf -> hit $1 .64m, Wolfius Maximus of Solstreet, $goat beta
$uman -> hit $1 .47m, we are all human
#retardia -> hit $1 .3m, #retardio beta
$viper -> hit $1m
$god -> hit $680k
$solo -> hit $572k , you can do it alone
#johnson -> hit $550k , Oh Long Johnson
$bud -> hit $536k
#100m -> hit $390k
#visualize -> hit $320k
$hd -> hit $308k , hits different
$mm -> hit $288k , memecoin millionaire
Just imagine how much everything's going to run once $btc breaks ATH
Feels like happy land right now
Artificial Intelligence Bots
$medusa -> hit $31 .2m, heavily pushed by suganarium
#floydai -> hit $17 .2m, launched in April, coming back from the dead with the recent AI meta, George Floyd
#terminal -> hit $15 .2m
$arcane -> hit $1 .55m
#perseus -> hit $900k
- AI coins continue to take the spotlight
- They bullpost their own coin 24/7
Goat First Mover
$goat -> $97 .2m to $182 .1m (1.87x), leader of the AI meta, truth_terminal
$megs -> hit $6 .9m, truth_terminal ( $goat ) often speaks to megs_io
$wen -> hit $1 .85m, shilled by truth_terminal
Anime Meta
$gmika -> hit $8 .39m, AI waifu that you can private chat with on telegram
$amber -> hit $1 .2m, AI bot
$waifu -> hit $589k
$an /gel -> hit $320k
Animal Meta
$miharu -> $321k to $7 .2m (22.5x), Miharu The Smiling Dolphin
#meowmeow -> hit $7 .63m, tiktok trend about an AI animated cat (AI + Cat metas)
$atlas -> hit $2 .13m, new SeaWorld penguin
$mole -> hit $1 .5m, Mole The Sloth
$popo -> hit $1 .21m
#quaestio -> hit $457k , paleontologists may have discovered earth's oldest moving animal
$podcat -> hit $435k , cat on podcast
#popcorn -> hit $411k , popcorn the wood dog, viral dog
Good Volume
$autism -> $2 .48m to $14 .7m (5.93x)
$btcat -> $550k to $3 .57m (6.49x), first cat to appear on the blockchain
$mod -> $10k to $490k (49x), moon or dust, launched on July 22, has been dead since
$higher -> hit $2 .89m, time to go higher
$nigma -> hit $1 .69m, $sigma beta
$cash -> hit $1 .64m, moneys calling
$late -> hit $1m
$twk -> hit $862k , Those Who Know
$forest -> hit $578k
Eth Memes
$klaus -> hit $44 .5m, Matt Furie Meta
#wizard -> hit $5 .7m, pushed by Nate_Rivers, $cb on $eth instead of $sol
More Cooks
$moji -> hit $10 .63m, purple pickle emoji
#wolfina -> hit $3 .76m, woman version of $wolf
$wolf -> hit $1 .64m, Wolfius Maximus of Solstreet, $goat beta
$uman -> hit $1 .47m, we are all human
#retardia -> hit $1 .3m, #retardio beta
$viper -> hit $1m
$god -> hit $680k
$solo -> hit $572k , you can do it alone
#johnson -> hit $550k , Oh Long Johnson
$bud -> hit $536k
#100m -> hit $390k
#visualize -> hit $320k
$hd -> hit $308k , hits different
$mm -> hit $288k , memecoin millionaire
Just imagine how much everything's going to run once $btc breaks ATH
2 months ago
Daily Memecoin Recap - October 13
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
2 months ago
At Solana Breakpoint 2024, Charles d’Haussy, CEO of the dYdX Foundation, discussed the protocols’s upcoming enhancements and muse on Solana’s growth.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
2 months ago
Solana’s iconic memecoin scene is restructuring. Frustrated by the rampant oversaturation of token launches and a litany of extractive practices, memecoin traders are reevaluating their approach..
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
2 months ago
🚨 90,000 options contracts #btc worth $5 .8 billion, as well as options on #eth worth $1 .9 billion, will expire this Friday.
This quarterly expiration is scheduled for 08:00 UTC.
👉 Bitcoin's peak pain level of $59 ,000 could put pressure on prices, according to an analyst at Presto Research.
👉 Maximum pain represents the price where option buyers suffer the greatest losses at expiration. In traditional markets, this level often acts as a point of attraction as expiration approaches.
This is because option sellers, usually institutions with large amounts of capital, adjust their trades to influence the spot price around the point of maximum pain in order to inflict maximum losses on buyers.
👉 Rick Maeda, an analyst at Presto Research, points out that this expiration could lead to bearish pressure as the expiration approaches.
This quarterly expiration is scheduled for 08:00 UTC.
👉 Bitcoin's peak pain level of $59 ,000 could put pressure on prices, according to an analyst at Presto Research.
👉 Maximum pain represents the price where option buyers suffer the greatest losses at expiration. In traditional markets, this level often acts as a point of attraction as expiration approaches.
This is because option sellers, usually institutions with large amounts of capital, adjust their trades to influence the spot price around the point of maximum pain in order to inflict maximum losses on buyers.
👉 Rick Maeda, an analyst at Presto Research, points out that this expiration could lead to bearish pressure as the expiration approaches.
3 months ago
SOLANA BREAKPOINT: The Biggest Announcements From Day One
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
3 months ago
(E)
I was running through the spaces and found project called $critz , they have mutiple utilities already as far as I know. And they will be dropping huge nft collection with collab with the Jmaxxx. Dont know who this guy is, but as far as I know, he is pretty known artist. They were running the vc and the artist is there was showing the nfts projects in the photoshop.
It is not financial advice, I am pretty sceptic about this project considering the holder distribution (2 wallets connected on the bubble map about 12% is the artist himself)
If I have to gamble I prefer to choose a project like this one than most of the pump.fun shitcoins.
DYOR Bulls
CA: 7tsFrXk2KkY31HLu6UCuVS1R2n5xACikP541yFfKy3Kn
It is not financial advice, I am pretty sceptic about this project considering the holder distribution (2 wallets connected on the bubble map about 12% is the artist himself)
If I have to gamble I prefer to choose a project like this one than most of the pump.fun shitcoins.
DYOR Bulls
CA: 7tsFrXk2KkY31HLu6UCuVS1R2n5xACikP541yFfKy3Kn
3 months ago
Did someone say Multi-Wallet? 🤹
Unlock Maestro’s powerful multi-wallet modalities.
Set up multiple wallets and initiate simultaneous buys with a single click! Perfect for sniping launches with small max transactions/wallet limitations.
Assign each wallet a different action—maybe one for sniping, one for copy trading—customize it however you like!
To Enable Global Multi-Wallet:
/sniper ➡️ Wallets ➡️ Select Chain ➡️ Multi-Wallet ➡️ Connect or Generate another Wallet ➡️ Enable Multi ✅
Find the full instructions here: https://docs.maestrobots.c...
Unlock Maestro’s powerful multi-wallet modalities.
Set up multiple wallets and initiate simultaneous buys with a single click! Perfect for sniping launches with small max transactions/wallet limitations.
Assign each wallet a different action—maybe one for sniping, one for copy trading—customize it however you like!
To Enable Global Multi-Wallet:
/sniper ➡️ Wallets ➡️ Select Chain ➡️ Multi-Wallet ➡️ Connect or Generate another Wallet ➡️ Enable Multi ✅
Find the full instructions here: https://docs.maestrobots.c...
3 months ago
Sharpen Your Skills In A Slow Market
When volume is low, it's the perfect time to hone in on your trading
- Learn how to read a chart (even if it's just basic support/resistance)
- Learn more about using RPC's, private nodes, private trading bots, snipers, etc.
- Make a list of the most important twitter accounts to follow
- Focus on spot trading (avoid leverage)
- Develop a system for wallet tracking
- Write down some goals that you'd like to achieve this cycle
- Make a plan for taking profit
- Focus on market psychology & controlling your emotions
- Study risk management
- Study Macroeconomic trends
- Network, Network, Network
Prepare yourself now so that when the bull market peaks, you’re ready to maximize your profits
When volume is low, it's the perfect time to hone in on your trading
- Learn how to read a chart (even if it's just basic support/resistance)
- Learn more about using RPC's, private nodes, private trading bots, snipers, etc.
- Make a list of the most important twitter accounts to follow
- Focus on spot trading (avoid leverage)
- Develop a system for wallet tracking
- Write down some goals that you'd like to achieve this cycle
- Make a plan for taking profit
- Focus on market psychology & controlling your emotions
- Study risk management
- Study Macroeconomic trends
- Network, Network, Network
Prepare yourself now so that when the bull market peaks, you’re ready to maximize your profits
3 months 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.”
3 months ago
BTC, Bitcoin's local setup is still holding, holding the local support zone. But still, now the main movement is following a medium-term setup, a medium-term pattern. Now the price is just below the middle of this pattern and below 60,000, there has been no consolidation below. The bulls have literally several days to return the level of 60,000 and go above the local resistance zone. Also, the local key zone is 62,000, where there is an open level. Let me remind you that many major players and traders are waiting for September 11th. US inflation data, which can be used to predict a future rate cut on September 18. Two key days in September! There is minimal time left. A market reversal is more than likely to occur during these dates. But don't expect that one candle will reach the highs in one hour! The altseason is 21 years old, the main part of altcoins went to the historical max. 8 months. And a number of other altcoins were moving towards a historical maximum of +-16 months (for example, LUNA). On this squiz, the whales actively bought Bitcoins and took them off the exchanges while the paper snot whined and sold their bitcoins.
the withdrawal from the exchanges exceeds the input - 40%, 17,000 btc
Altcoins, the month of September will be key, an additional set of altcoins will be closer to September 11th. It is on the dogosrok-the average day. The turnaround will be fast and many will bite their elbows. But there is still time and perhaps one of the last chances. Let me remind you that we are at the beginning of a new cycle!
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 40%, 17,000 btc
Altcoins, the month of September will be key, an additional set of altcoins will be closer to September 11th. It is on the dogosrok-the average day. The turnaround will be fast and many will bite their elbows. But there is still time and perhaps one of the last chances. Let me remind you that we are at the beginning of a new cycle!
https://www.tradingview.co.../
3 months ago
🏅¡Bienvenidos a La 🎮 Crypto Guarida 🎮!
Donde la pasión por las criptomonedas y el conocimiento se encuentran para llevarte a lo más alto del universo cripto.
🔍 Explora y descubre con nosotros:
🔥Proyectos Cripto Emergentes.
🔥Tokens y Memecoins en Tendencias.
🔥 Airdrops Gratis y Exclusivos.
🔥 Tutoriales Prácticos para Todos los Niveles.
🔥 Entrevistas con los CEOS más Influyentes (AMAs).
🔥 Sorteos en USDT para la Comunidad.
🔥 Juegos Web 3 Increíbles.
🔥 Narrativas que Definen el Futuro Cripto.
🔥 Estrategias de Trading para Maximizar tus Inversiones.
🎗 ¡Únete a nuestras redes sociales ahora mismo haciendo clic aquí abajo! Sumérgete en el fascinante mundo de las criptomonedas y lleva tus conocimientos al siguiente nivel. 🪬
🏅Telegram chat: https://t.me/Cryptoguarida...
🏅Ads channel: https://t.me/GuaridaAnunci...
🏅CryptoguardidaTwitter: https://twitter.com/Crypto...
Donde la pasión por las criptomonedas y el conocimiento se encuentran para llevarte a lo más alto del universo cripto.
🔍 Explora y descubre con nosotros:
🔥Proyectos Cripto Emergentes.
🔥Tokens y Memecoins en Tendencias.
🔥 Airdrops Gratis y Exclusivos.
🔥 Tutoriales Prácticos para Todos los Niveles.
🔥 Entrevistas con los CEOS más Influyentes (AMAs).
🔥 Sorteos en USDT para la Comunidad.
🔥 Juegos Web 3 Increíbles.
🔥 Narrativas que Definen el Futuro Cripto.
🔥 Estrategias de Trading para Maximizar tus Inversiones.
🎗 ¡Únete a nuestras redes sociales ahora mismo haciendo clic aquí abajo! Sumérgete en el fascinante mundo de las criptomonedas y lleva tus conocimientos al siguiente nivel. 🪬
🏅Telegram chat: https://t.me/Cryptoguarida...
🏅Ads channel: https://t.me/GuaridaAnunci...
🏅CryptoguardidaTwitter: https://twitter.com/Crypto...
4 months ago
📊 Weekly Outlook August 19-23:
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
4 months ago
In a move that could significantly reshape the Solana DeFi landscape, Renzo Protocol and Jito Network have joined forces to introduce $ezSOL , the first-ever Liquid Restaking Token (LRT) on the Solana blockchain. This groundbreaking partnership combines Renzo's expertise in liquid restaking with Jito's MEV-enhanced validator network, promising to unlock new levels of capital efficiency and yield optimization for Solana users.
JITO'S RECENT FORAY INTO RESTAKING
This development comes just weeks after Jito, a leading Solana liquid staking protocol, officially entered the restaking market. The protocol released Jito Restaking, an open-source module designed for the Solana blockchain, supporting both staking, restaking, and LRTs. This move signaled Jito's ambition to expand its offerings and capitalize on the growing interest in restaking within the Solana community.
Renzo brings a wealth of experience from successful Ethereum protocols like EigenLayer and Symbiotic, where it currently boasts a TVL of $1 .28 billion, having reached a peak of $4 billion in June.
UNDERSTANDING LIQUID RESTAKING TOKENS(LRTs)
Restaking, a concept gaining traction on Ethereum, allows users to restake their staked assets to secure additional networks and protocols, thereby earning additional rewards. LRTs take this a step further by providing users with a liquid representation of their staked assets, which can be used across various DeFi protocols while still earning staking rewards.
$ezSOL : UNLOCKING NEW POSSIBILITIES
$ezSOL , minted using JitoSOL as the underlying staked asset, leverages Jito's MEV-enhanced validator network to offer users the potential for compounded rewards from staking, restaking, and MEV extraction. This unique combination makes $ezSOL a powerful tool for maximizing yield within the Solana DeFi ecosystem.
JITO'S RECENT FORAY INTO RESTAKING
This development comes just weeks after Jito, a leading Solana liquid staking protocol, officially entered the restaking market. The protocol released Jito Restaking, an open-source module designed for the Solana blockchain, supporting both staking, restaking, and LRTs. This move signaled Jito's ambition to expand its offerings and capitalize on the growing interest in restaking within the Solana community.
Renzo brings a wealth of experience from successful Ethereum protocols like EigenLayer and Symbiotic, where it currently boasts a TVL of $1 .28 billion, having reached a peak of $4 billion in June.
UNDERSTANDING LIQUID RESTAKING TOKENS(LRTs)
Restaking, a concept gaining traction on Ethereum, allows users to restake their staked assets to secure additional networks and protocols, thereby earning additional rewards. LRTs take this a step further by providing users with a liquid representation of their staked assets, which can be used across various DeFi protocols while still earning staking rewards.
$ezSOL : UNLOCKING NEW POSSIBILITIES
$ezSOL , minted using JitoSOL as the underlying staked asset, leverages Jito's MEV-enhanced validator network to offer users the potential for compounded rewards from staking, restaking, and MEV extraction. This unique combination makes $ezSOL a powerful tool for maximizing yield within the Solana DeFi ecosystem.
4 months ago
🚨 $FLOKI becomes partner of the Premier League for the 2024/2025 season.
👉 Starting mid-August, #Valhalla and $Floki will launch an advertising campaign with LED panels visible during Premier League matches, offering maximum TV visibility. This format, used by the biggest brands, will ensure global exposure and credibility for the cryptocurrency #Floki .
👉 The Premier League, broadcast to 712 million homes in 190 countries, with a cumulative audience of 3.23 billion (2022/23 season), is an ideal setting for Valhalla. The campaign will include 100 minutes of exposure, primarily during major club matches.
RealFlokiInu 🚀
https://x.com/realflokiinu...
👉 Starting mid-August, #Valhalla and $Floki will launch an advertising campaign with LED panels visible during Premier League matches, offering maximum TV visibility. This format, used by the biggest brands, will ensure global exposure and credibility for the cryptocurrency #Floki .
👉 The Premier League, broadcast to 712 million homes in 190 countries, with a cumulative audience of 3.23 billion (2022/23 season), is an ideal setting for Valhalla. The campaign will include 100 minutes of exposure, primarily during major club matches.
RealFlokiInu 🚀
https://x.com/realflokiinu...
4 months ago
Their goal is clear: to put you to sleep and then make you surrender through boredom.
👉 The plan is to create a period of stagnation or low activity to decrease engagement and interest. Meanwhile, they work behind the scenes to prepare their next big move. Once general interest has waned and investors have become less vigilant, they launch a new wave of euphoria.
👉 This price increase attracts not only new investors, but also those who panicked and sold during the boredom period. These buyers provide the liquidity needed for those who orchestrated this strategy to sell their positions at high prices.
👉 By selling at the height of the euphoria, they make significant profits on the liquidity provided by those who were attracted by the price rise. Ultimately, new investors are left with devalued assets when the wave of euphoria ends and prices fall following massive selling by whales and institutions.
Their strategies are essentially based on manipulating investors' emotions to maximize the manipulators' profits, to the detriment of those caught in the trap of excitement and FOMO.
#Bitcoin
👉 The plan is to create a period of stagnation or low activity to decrease engagement and interest. Meanwhile, they work behind the scenes to prepare their next big move. Once general interest has waned and investors have become less vigilant, they launch a new wave of euphoria.
👉 This price increase attracts not only new investors, but also those who panicked and sold during the boredom period. These buyers provide the liquidity needed for those who orchestrated this strategy to sell their positions at high prices.
👉 By selling at the height of the euphoria, they make significant profits on the liquidity provided by those who were attracted by the price rise. Ultimately, new investors are left with devalued assets when the wave of euphoria ends and prices fall following massive selling by whales and institutions.
Their strategies are essentially based on manipulating investors' emotions to maximize the manipulators' profits, to the detriment of those caught in the trap of excitement and FOMO.
#Bitcoin
4 months ago
🗣️ “The problem I have with MiCA is that instead of making the system safer, it actually creates an incredibly large systemic risk”
Tether CEO Paolo Ardoino expresses concerns about MiCA, which poses a systemic risk not only to stablecoins, but also to the broader banking system.
The MiCA regulation, which came into force on June 30, imposes strict limits on stablecoin operations in the EU.
In particular, it requires that at least 60% of the reserves backing stablecoins must be held in EU bank accounts.
He further pointed out that EU cash deposits are only insured for a maximum of $100 ,000, an amount insufficient for large stablecoin issuers like Tether
https://cointelegraph.com/...
Tether CEO Paolo Ardoino expresses concerns about MiCA, which poses a systemic risk not only to stablecoins, but also to the broader banking system.
The MiCA regulation, which came into force on June 30, imposes strict limits on stablecoin operations in the EU.
In particular, it requires that at least 60% of the reserves backing stablecoins must be held in EU bank accounts.
He further pointed out that EU cash deposits are only insured for a maximum of $100 ,000, an amount insufficient for large stablecoin issuers like Tether
https://cointelegraph.com/...
4 months ago
BlackRock and MicroStrategy accumulate more than 570,500 #Bitcoin (+$32,800 million), or about 2.7% of the total maximum offer!!️ 👀
4 months ago
BTC, rebound from the drop from yesterday. It's happening right now. Bitcoin has already recovered 6,500 thousand from the bottom of the correction. Overall, it looks pretty confident, but it's still a rebound. The medium-term uptrend was lost yesterday on the squiz. There are only 2 long-term trends right now. see the graph. Their re-test is a medium-term support area. Now the situation with the restoration of the level of 60,000 will not change much, even if it reaches 65,000. If in the near future, no more than a week, and a maximum of 2, we do not break through the zone of the key resistance zone, then the continuation of the flat with corrections will continue. Now the task of the market maker and the whales is to break through this zone as quickly as possible and gain a foothold above. Why is this so, because those who were eliminated, those who managed to get out of positions, logically should not have time to enter again at the same prices, but go much more expensive.
the input to the exchanges exceeds the output -
8%, 2400 btc
Altcoins, yesterday on squiz reached the top level on the capitalization of Altcoins, the level of panic sales. Who remembers from the video, this was noted. There are still levels slightly lower from below, but in fact they will not change the situation much, especially for a long-term portfolio! The ascending lines on Total 2 and Total 3 were also achieved and tested on the squiz, a re-test took place precisely along the Fibonacci lines and not a physical re-test. It also says that we are very very close to the bottom or already at the bottom. Since even the fibonacci line of 0.618 is already suitable for re-testing and determining the day. But still, the bottom is the zone between 0.618 and 0.786 fibonacci lines.
https://www.tradingview.co.../
the input to the exchanges exceeds the output -
8%, 2400 btc
Altcoins, yesterday on squiz reached the top level on the capitalization of Altcoins, the level of panic sales. Who remembers from the video, this was noted. There are still levels slightly lower from below, but in fact they will not change the situation much, especially for a long-term portfolio! The ascending lines on Total 2 and Total 3 were also achieved and tested on the squiz, a re-test took place precisely along the Fibonacci lines and not a physical re-test. It also says that we are very very close to the bottom or already at the bottom. Since even the fibonacci line of 0.618 is already suitable for re-testing and determining the day. But still, the bottom is the zone between 0.618 and 0.786 fibonacci lines.
https://www.tradingview.co.../
4 months ago
Binance Pre-Launch market introduced the Hamster Kombat (HMSTR) token with a maximum supply of 10 billion tokens.
Similar to Notcoin, Hamster Kombat will be released at the end of the season, and in-game coins will be swapped for it during distribution.
While the exact pricing strategy for Hamster Kombat hasn’t been officially announced, it’s likely based on profit per hour. Exciting times for crypto enthusiasts and hamster fans alike! 🚀🐹
Similar to Notcoin, Hamster Kombat will be released at the end of the season, and in-game coins will be swapped for it during distribution.
While the exact pricing strategy for Hamster Kombat hasn’t been officially announced, it’s likely based on profit per hour. Exciting times for crypto enthusiasts and hamster fans alike! 🚀🐹
4 months ago
(E)
**New Frontiers of AI** - the story of Cyber, a legendary bodybuilder and master of cryptocurrencies from the cyberpunk universe. Cyber uses his skills in biochemistry and cryptography to create a revolutionary drug called "Neuromax", using artificial intelligence. This drug stimulates muscle growth and improves recovery, making it living proof of its effectiveness. By helping other athletes achieve new heights, Cyber becomes a symbol for the future where science and sports go hand in hand and technology unlocks new dimensions of human potential.
XCom
x.com/Oles67065913
Telegram
t.me/cryptomaniainvest
Warpcast
warpcast.com/~/invite-page...
Reddit
reddit.com/u/No_Advantage4...
Instagram
instagram.com/blockchain_v...
Instagram
instagram.com/oles_npc?igs...==
XCom
x.com/Oles67065913
Telegram
t.me/cryptomaniainvest
Warpcast
warpcast.com/~/invite-page...
reddit.com/u/No_Advantage4...
instagram.com/blockchain_v...
instagram.com/oles_npc?igs...==
4 months ago
After causing significant congestion issues across the Solana network in April, the ORE mining protocol returns to “revive the long lost dream of crypto as p2p electronic cash.”
Love it or hate it, Proof-of-Work crypto mining is returning to Solana. ORE, the wildly popular mining protocol that besieged the Solana blockchain in April is returning, promising a revised and more egalitarian approach to distribution.
With ORE price climbing over 100% in anticipation of the relaunch, the question needs to be asked: What will be different this time around?
ORE v2: WHAT'S DIFFERENT?
Pseudonymous founder HardHatChad launched ORE as an experimental Solana hackathon project in April 2024. Leveraging a Proof-of-Work mining concept on a high throughput Proof-of-Stake blockchain, HardHatChad aimed to create a truly fair token launch.
In a matter of days, the Ore protocol objectively became the most used program in the Solana ecosystem at the time, generating over 12M transactions between 124k+ users.
However, due to flaws within the project’s model and network congestion issues caused by the ORE mining, HardHatChad opted to pause mining to focus on redevelopment. Despite the chaos, OreSupply took home the grand prize at the Solana Renaissance Hackathon.
After months of development work behind the scenes, HardHatChad has teased the relaunch of ORE v2. Courtesy of several key changes, the passionate founder renews his mission to “revive the long lost dream of crypto as p2p electronic cash.”
HERE'S WHAT TO EXPECT:
• No Admin Variables - The revised protocol will rely on open-source algorithms to manage all program variables, such as mining difficulty.
• Mining Multipliers - Staking ORE tokens gives miners a rewards multiplier of up to 100%, based on their proportional stake. This only applies to miners submitting valid hashes and cannot be abused through flash-loans.
• Fixed supply - Like Bitcoin, ORE has a fixed maximum supply of 21M. One ORE will be issued per minute, projecting a fully emitted supply by 2064.
• Sybil Protection - In the relaunched protocol, miners will maximize rewards by submitting the most difficult hash possible. This is expected to discourage sybil miners and mitigate network congestion.
• Accessible Hash Function - A new hash function closes the performance gap between high-end hardware and consumer devices, lowering ORE mining’s barrier to entry.
• Client Software - OreSupply has revamped its software to improve performance and reliability. HardHatChad also promised to launch client software that will be compatible with the Solana Saga mobile device.
• Immutable Contract - Once mining dynamics have stabilized, the OreSupply contract will be permanently frozen, meaning that no further changes can be implemented to its code.
The OreSupply team hopes that by implementing these changes, the protocol will be better suited to wider adoption within the Solana ecosystem.
Love it or hate it, Proof-of-Work crypto mining is returning to Solana. ORE, the wildly popular mining protocol that besieged the Solana blockchain in April is returning, promising a revised and more egalitarian approach to distribution.
With ORE price climbing over 100% in anticipation of the relaunch, the question needs to be asked: What will be different this time around?
ORE v2: WHAT'S DIFFERENT?
Pseudonymous founder HardHatChad launched ORE as an experimental Solana hackathon project in April 2024. Leveraging a Proof-of-Work mining concept on a high throughput Proof-of-Stake blockchain, HardHatChad aimed to create a truly fair token launch.
In a matter of days, the Ore protocol objectively became the most used program in the Solana ecosystem at the time, generating over 12M transactions between 124k+ users.
However, due to flaws within the project’s model and network congestion issues caused by the ORE mining, HardHatChad opted to pause mining to focus on redevelopment. Despite the chaos, OreSupply took home the grand prize at the Solana Renaissance Hackathon.
After months of development work behind the scenes, HardHatChad has teased the relaunch of ORE v2. Courtesy of several key changes, the passionate founder renews his mission to “revive the long lost dream of crypto as p2p electronic cash.”
HERE'S WHAT TO EXPECT:
• No Admin Variables - The revised protocol will rely on open-source algorithms to manage all program variables, such as mining difficulty.
• Mining Multipliers - Staking ORE tokens gives miners a rewards multiplier of up to 100%, based on their proportional stake. This only applies to miners submitting valid hashes and cannot be abused through flash-loans.
• Fixed supply - Like Bitcoin, ORE has a fixed maximum supply of 21M. One ORE will be issued per minute, projecting a fully emitted supply by 2064.
• Sybil Protection - In the relaunched protocol, miners will maximize rewards by submitting the most difficult hash possible. This is expected to discourage sybil miners and mitigate network congestion.
• Accessible Hash Function - A new hash function closes the performance gap between high-end hardware and consumer devices, lowering ORE mining’s barrier to entry.
• Client Software - OreSupply has revamped its software to improve performance and reliability. HardHatChad also promised to launch client software that will be compatible with the Solana Saga mobile device.
• Immutable Contract - Once mining dynamics have stabilized, the OreSupply contract will be permanently frozen, meaning that no further changes can be implemented to its code.
The OreSupply team hopes that by implementing these changes, the protocol will be better suited to wider adoption within the Solana ecosystem.
4 months ago
Solayer, a re-staking protocol on solana, has unveiled sSOL, a fully transferable and unfrozen asset that enables holders to engage in various DeFi strategies and maximize yield.
Sponsored by
Kitten Haimer
15 days ago