Daily Memecoin Recap - September 12

Decent volume today as $sol starts to pick up

$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey

- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond

Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun

Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative

Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet

Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards

Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme

Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc

$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k

Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today

More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee

$cc -> hit $267k , "CubCat"

I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge

Lock in🔒

If the government was a real business it would have been bankrupt a long time ago. The only thing keeping it going is the fact that people pay their taxes out of fear of going to jail if they don't (violence) and most importantly THE MAGIC MONEY PRINTER.

Further proof of the charade: the US government has hired 87,000 new agents to collect taxes with an average salary of 100k/year.

So this cost taxpayers $8 .7 billion and these agents managed to collect $1 .3 billion.

So, a deficit of -$7.4 billion... which will be paid by taxpayers. And of course the government will boast about having collected $1 .3 billion more in taxes.

How did we get here?

Daily Memecoin Recap - September 8

Moonshot is starting to get attention after Mitch pushes a coin based on the fact that you can get paid LP fees

Get Paid To Hold
$husky -> hit $2 .14m, pushed by idrawline, $212k in LP rewards
$lpdog -> hit $271k , LP Dog, $18k in LP rewards
$rugs -> hit $219k , $6k in LP rewards
$pepe8bit -> hit $141k , $7 .5k in LP rewards
- Memecoin devs & top 50 holders on moonshotdotcc get paid fees from MeteoraAG's LP pool
- The creator of the coin gets 20% of rewards from fees
- The top 50 holders AT THE TIME OF MIGRATION get 70%
- 10% goes to moonshot
- This encourages people to hold & seems to be creating a temporarily new meta

Bullish Tickers - Play On Words
$btc -> $1m to $2 .48m (2.48x), "Big Titty Chicken"
$roi -> hit $679k , "Retarded Online Investment"
$fag -> hit $326k , "Flying Autistic Gummybear", good holder count, patty_fi onboard
$wait -> hit $313k , "Correction Guy"
$ape -> hit $295k , "Ape Life Savings"
$pub -> hit $216k , "pure unadulterated bliss", twitter community

Pepe On Sol Silently Reviving
$pepe -> $1 .46m to $9 .6m (6.57x), originally was heavily pushed by Pauly, his twitter has been suspended

Hyped Launch
$pumpy -> hit $4 .4m, "PUMPY NO DUMPY", KOLs onboard

More Cooks
$d .o.g.e -> $330k to $4 .6m (14x), "Dep of Gov Efficiency"
$r /gustav -> hit $696k , "Reddit Bull", same meta as $r /snoofi
$justcats -> hit $389k , "Cats are always the meta"
$pol -> hit $244k
$pez -> hit $180k , "PEZ Dispenser", nostalgic
$drift -> hit $153k
$bingus -> hit $143k

Market sentiment can flip at any moment - be prepared 🤝

Central and Southern Asia Explore Sustainable Alternatives Following Bitcoin Mining Boom
Once a thriving hub for Bitcoin mining, Central and South Asia’s crypto community pivots to more sustainable networks.

While the Wed3 world focuses on international heavyweights like China and the United States, Central and South Asia (CSA) boasts a thriving and diverse crypto economy.

India and Pakistan enjoy some of the highest crypto adoption rates in the world, while cheap energy costs and regulatory clarity made Kazakhstan a Bitcoin mining hub in 2021.

As the crypto community seeks sustainable alternatives, Solana emerges as a prime candidate to support growing adoption in CSA nations.

Central Asia’s Bitcoin Mining Boom
Following the exodus of Bitcoin miners from China in 2021, Central Asian countries like Kazakhstan and Kyrgyzstan played host to huge amounts of crypto mining activity.

Abundant in natural resources, low energy costs, and crypto-friendly laws, the area quickly evolved into a thriving hub Bitcoin mining hub. Crypto mining operations paid as little as.03 per kWh for electricity in Kazakhstan, making it one of the world’s most cost-effective nations for Bitcoin farms.

This led to a surge in crypto adoption rates in Central Asia, with Kazakhstan becoming the world’s second-ranked Bitcoin mining nation in 2021. At its peak in October 2021, Kazakhstan accounted for 18% of the global Bitcoin hashrate. However, Central Asia’s mining utopia couldn’t last forever.

KAZAKHSTAN BITCOIN MINING INDUSTRY OVER TIME

The rising demand for energy put a significant strain on the Central Asian power grid, causing sporadic outages as aging Soviet-era infrastructure struggled to keep up. By May 2023, Kazakhstan’s contribution to the global hashrate had dropped to as low as 4%.

A wrath of regulations have since been implemented to curb crypto mining in Kazakhstan. New mining-specific tax rates have been introduced, and crypto miners in the nation are required by law to sell 75% of their revenue via centralized exchanges.

Meanwhile, neighboring countries like Kyrgyzstan and Uzbekistan are exploring more sustainable energy alternatives, including solar and hydroelectric farms.

IS SOLANA A CONVENIENT SOLUTION Solution?
Courtesy of its hybrid Proof-of-Stake/Proof-of-History consensus mechanism, Solana is one of the most environmentally friendly blockchains in the crypto industry. According to Solana Labs, one transaction requires less energy than a Google search. Additionally, Solana is carbon neutral, having implemented numerous carbon offsetting initiatives.

Daily Memecoin Recap - August 29

Market's waiting for a catalyst - there currently isn't a meta

6ix9ine Launch
$trolli -> hit $20 .9m
- 6ix9ine has been engaging with crypto twitter for the last couple of days
- He's joined the retardio community and has opened a tg channel

Mbappe Hacked
$mbappe -> hit $320m
- KMbappe's twitter was hacked
- The exploiter made a bunch of tweets and eventually tweeted a CA
- Someone 1 clip bought $1 ,000,000 worth and is down 95%+

Snoofi Comes Back To Life
$snoofi -> $2 .9m to $17 .9m (6.2x from the low)
- Reddit dog
- Community keeps getting stronger
- Dexscreener added a "reddit" button

NFT Collection Coins
$chungo -> hit $230k
$clown -> hit $230k , "Amphiprion ocellaris", fish meme

Dog Memes
$chua -> hit $1 .2m, $wdog team CTO, cute dog, "jotchua"
$def -> hit $475k , "Default Dog", blank picture of a dog

Cat Memes
$keycat -> $1m to $3 .7m (3.7x), viral meme, ATH $7m
$hmu -> $75k to $1 .3m (17x), "hit me up", coin that launched in July, randomly got CTO'd today, ATH is $3 .3m
$poor -> hit $615k , "wife wants a divorce", cat meme

Matt Furie Coins
$vix -> hit $645k
$brotty -> hit $500k , hyped launch, $brett as a robot

More Cooks
$art -> hit $2 .4m
$pac -> hit $1 .45m, "Photorealistic Autism Creature"

What did you hit today? 🤔

Are you a crypto crash rookie?

You need JackInabinet's guide to disaster-proofing your crypto portfolio ☢️

1/6

Daily Memecoin Recap - August 18

Did you print or did you touch grass today?

Blinks Launch
$bgg1 -> hit $6 .9m blinks_gg

- Utility project

Davinci Community Coin
$early -> $115k to $2 .2m (19x), 20% of supply sent to Davincij15

Reddit Dog Pushes Over $10m
$snoofi -> $2m to $11 .5m (5.75x), $r /snoofi, community is on reddit, original idea
$limmy -> $50k to $450k (9x), $r /limmy, reddit cat
$reddit -> hit $900k
$mcdog -> hit $630k , "minecraft dog", dev made a minecraft server for the coin
$r /ape -> hit $445k , "reddit ape", CTO

Dog Meta
$ken -> $90k to $1 .95m (21x), $doge 's owner's first dog, KOLs leaked info
$joey -> hit $525k , dog meme, interesting people involved
$yuko -> hit $500k , shiba inu, CTO

More Cooks
$bub -> $2 .3m to $30m (13x from the low), good CTO team, viral cat meme
$taddy -> $600k to $3 .3m (5.5x), "Daddy Trump",
cobratate's $daddy + Trump
$phat -> hit $2 .1m, "party hat", RuneScape
meme, 73.5% of supply burned
$4chan -> hit $800k , "FSJAL"
$roastie -> hit $310k

Volume is going to pick up tomorrow as the weekend comes to an end

Really liking this reddit meta, brings some freshness to the market

Daily Memecoin Recap - August 17

Some unique metas emerged today

Reddit Dog
$snoofi -> hit $4 .7m, Reddit's logo as a dog, $r /snoofi
$scooti -> hit $318k , cat beta to $snoofi , r/scooti
$limmy -> hit $270k , another cat beta, r/limmy
- Someone made a coin and the socials link to a subreddit r/snoofi
- No tg/twitter compared to most coins
- This is super unique & different compared to what we've previously seen

Dog In A Bag
$dbag -> hit $1 .4m
- uses X communities to communicate in the form of posts (no telegram)

Runners Of The Day
$demure -> $315k to $4 .75m (15x from the low), "very demure", based on an extremely viral meme, gen z meta, "very cutesy, very mindful"
$zoloft -> hit $4m , "trade better, last longer", good meme, a pill that makes you trade better
$hs -> hit $3 .5m, "holy smokes", CTO, good team w/ KOLs onboard

Animal Memes
$xp -> hit $1m , CTO, viral Chinese dog XiaoPang, this coin is 2 months+ old
$grumpy -> hit $550k , viral cat meme
$ddcc -> hit $260k , "Donkey Dog Cat Chicken"

More Cooks
$oof -> hit $500k , CTO
$f -> hit $730k
$mud -> hit $400k , livestream on pumpfun
$ributt -> hit $360k

Overall one of the best days this week

Markets are still downwards raging, participants are waiting for a clear direction

🇺🇸 The city of Santa Monica, California has added a new “Bitcoin Office” section to its website.

The mission of the #Bitcoin Office is to identify and facilitate partnerships with the Bitcoin industry to actively support the city's economic recovery and create new employment opportunities.

Santa Monica also emphasizes Proof of Workforce, which aims to provide a comprehensive education on Bitcoin and its role in the modern economy.

https://www.santamonica.go...

Sure the "Costco Family" are goofy.

But they're a mid-income normal ass family who blew up online. Let them do their thing, buy themselves a better car and maybe pay their house off.

Wouldn't you leverage it if you went viral online?

I turn them off whenever I see them sure. But there's no need to be cruel.

📑 Binance releases its 21st Proof of Reserve.

BTC user assets stand at 613,471, up 1.29% from July 1.

ETH user assets are 4.701 million, down 0.21%.

USDT user assets are 21.19 billion, down 1.52%.

#binance recorded a net inflow of $3 .27 billion over the past month

According to Binance's 21st proof of reserves, customer net balances include 32.73 million $SOL , worth over $4 .79 billion.

$SOL is the 5th largest token holding on the exchange.

🚨 BITCOIN DOMINANCE 🚨

The dominance of BTC vs the rest of the market has been (almost) constantly increasing since November 2022.

➡️ Proof of the strengthening of the Bitcoin position among different investors

Currently around 57%, it is at its highest point in the current "cycle".

🎯 This increase is partly explained by the arrival of ETFs, but is also part of the "liquidity movement" through the different phases experienced by the market.

BTC dominance is a VERY important point to follow, because it has allowed in the past to "time" the launch of the BullRun and in particular the start of the altseason.

This is an indicator that should be kept in mind, not for a short-term vision but rather for the long term (week, month, year)

Good afternoon 🔥 hope you all had a Bullish weekend so far

If you noticed $NEIRO on $SOL

$NEIRO is the Shiba Inu who has gained popularity on ​social media, similar to Kabosu (DOGE). Neiro is known ​for her charming and expressive face, which often ​features the characteristic ''smiling'' expression that ​Shiba Inus are famous for!

It all started as the first $NEIRO that was created on the ​SOLANA blockchain! We went through alot... A CABAL ​competing against the real OG COMMUNITY, a whole ​lore to it!

Why $NEIRO ??

-CTO
-ACTIVE community✅️
-Holders 10k+💎
-Great narrative ✅️
-$182.72K to $57 .95 (31,545%)📈
-Currently at $22 .68M

Apped in at $6 .33M to $22 .68M (348%)

Good time to lock in and ape on 😎

🌍Website🌍
https://neirosoldog.com/

Tele
https://t.me/NEIROCTOSOLAN...

Twitter
https://x.com/neirowoof

Chart
https://dexscreener.com/so...

CA
CTg3ZgYx79zrE1MteDVkmkcGniiFrK1hJ6yiabropump

Daily Memecoin Recap - August 1

Can't believe we're already in August

Only 5 months left in the year, make them count

Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)

Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff

High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,

$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother

Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump

Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta

Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat

Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair

Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"

The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193

Stack the small wins

🗳️ ApeCoin launches DAO vote to create a BAYC-themed hotel in central Bangkok, Thailand 🇹🇭

The project would bring together numerous advantages:

🔹 50% of the revenue from themed rooms (APE, BAYC, Otherside etc) will be received by the ApeCoin DAO for one year.

🔹 Hotel rooms and bars will accept ApeCoin as payment.

🔹 A big exhibition of the Yuga Labs ecosystem.

🔹 Organize events for ApeCoin members every two months.

🔹 Members of the APE community will be able to use the rooftop for events free of charge.

Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE, or approximately $300 ,000

https://snapshot.org/#/ape...

**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...==

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.

Bitcoin (BTC)

Bitcoin, despite its volatility, remains a dominant force in the cryptocurrency world, often referred to as digital gold. It's widely used as a hedge against inflation. Right now, the Bitcoin community is buzzing about Taproot, an upgrade designed to improve privacy and smart contract functionality. This could make Bitcoin even more useful and efficient, appealing to both individual and institutional investors. In the U.S., more and more major corporations and financial institutions are adopting Bitcoin, further cementing its place as a mainstream asset.

Ethereum (ETH)

Ethereum has made significant strides with its transition to Ethereum 2.0, which merged with the Beacon Chain to switch from Proof of Work (PoW) to Proof of Stake (PoS). This has greatly improved the network’s scalability and efficiency, reducing energy consumption and speeding up transactions. The DeFi and NFT ecosystems built on Ethereum continue to draw substantial investment, even with the rise of alternative Layer 1 and Layer 2 solutions. In the U.S., Ethereum is playing a crucial role in the growth of decentralized finance and digital art markets, attracting interest from venture capital firms and tech innovators who see its potential for new applications.

The summary of the news #crypto and US market

1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)

2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million

3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total

4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)

5) The Ta-Da application is available on iOS and Android

6) Aave offers a Lido stETH wstETH pool on its v3

7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company

8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)

9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points

10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL

11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency

12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps

13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday

14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework

15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion

16) The halving $BTC took place 100 days ago

July 19th’s devastating IT outage left hundreds of businesses across the world scrambling to provide basic services. A software bug that was prematurely pushed to production wrought havoc across the globe, temporarily shutting down banks, airlines, and essential services.

Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.

What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?

SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.

Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.

However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.

On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.

Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.

SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.

For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.

With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?

Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?

According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.

Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.

Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.

With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.

Daily Memecoin Recap - July 24

Despite stocks being down heavy on the day, $sol was pretty stable

Have a look at what happened 👇

Runners Of The Day
$eggy -> hit $5 .3m, literally an egg
$alpha -> hit $5m , KOLs onboard
$mystic -> hit $3 .3m, CTO, heavily pushed on twitter
$noah -> hit $1 .9m, CTO, pushed by lots of groups as " the next $billy "

Shape Meta
$circle -> hit $470k , literally just a circle
- Kickstarted the shape meta
- Plenty of shapes were launching on pump fun
- Square, triangle, star were some betas

Midget Olympics
$mog -> hit $3 .2m, their twitter says it all midget_olympics

Mystery Launch
$fried -> hit $4m
- These hyped launches always have an initial run-up due to hype & snipes
- They tend to die down after that unless the team has capital & a solid plan (this one is holding decently)

Smoking Chicken Fish Pushes
$scf -> $2 .6m to $24 .5m (9.42x), pushed by KOLs

Teams w/ Large Capital
$bill -> $24 .7m to $46 .6m (1.88x), Bill The Bear
$clown -> hit $87m
$parry -> hit $36m , very good team, good bird meme

Cat Memes
$ily -> $4 .21m to $13 .87m (3.29x), great CTO team
$fc -> $750k to $1 .78m (2.37x), "Floki Cat"
$bullish -> hit $1 .1m, Cat + Bull = Bullish, CTO
$skullcat -> hit $500k
$chiti -> hit $374k , CTO
$magic -> hit $324k , "Magic Cat"
$charm -> hit $315k , CTO
$gracie -> hit $237k , viral tiktok cat

Zoomer Memes
$hmu -> $20k to $1 .15m (57x), "hit me up"
$brat -> hit $6m , "Brat Summer"
$based -> hit $1 .95m, slang used all over social media
$omg -> hit $485k , "On My Grind"
$gac -> hit $360k , "Goofy Ahh Coin"

More Cooks
$selfie -> $590k to $32 .7m (55x from the low), back from the dead
$guzuta -> $444k to $2 .17m (4.88x)
$taddy -> $50k to $615k (12.3x), "Daddy Trump", $daddy (Andrew Tate's coin) + Trump
$knight -> hit $1 .22m, "Fallen Knight", medieval meme
$csfm -> hit $450k , "Church of the flying spaghetti monster"
$gator -> hit $350k , instantly filled on pump fun, CTO
$crashout -> hit $240k , good meme

Traders are getting more experienced, scalpers are emerging since people don't hold trades for long

Most coins go to zero within 1 hour, remember to never become a community member

IP remains stuck in an outdated legal system that makes it difficult to license, monetize, & trade effectively

That's where StoryProtocol comes in -- a new blockchain that aims to transform IP into liquid, programmable, & ownable digital assets

A 101 Explainer👇

What is Story Network?

Story Network was created specifically for bringing IP onchain, making it easier to manage and monetize.

On Story Network, IP is represented as onchain assets called IP Assets, which are NFTs. These NFTs carry detailed metadata about the underlying IP and serve as its digital representations. They can be linked to existing NFTs, e.g. a CryptoPunk, or be issued to represent offchain items.

Each IP Asset is linked to an IP Account, a specialized smart contract that manages interactions and data related to the IP.

Also at the heart of Story Network is its Proof-of-Creativity (PoC) Protocol, which facilitates the creation and management of IP Assets, enabling use cases like permissionless licensing and automated royalty payments.

Another key pillar here is the Programmable IP License (PIL), a legal framework that bridges the onchain world with traditional legal systems, ensuring that the digital representation of IP on Story Network is enforceable in the real world.

How is Story Network designed?

Story Network is a Layer 1 (L1) blockchain optimized for handling complex IP data structures efficiently that leans on elements from both the ethereum Virtual Machine (EVM) and the cosmos
SDK.

Notably, Story Network is EVM-equivalent, meaning it supports the same code execution environment as Ethereum. This compatibility allows developers to port existing applications and smart contracts written in Ethereum's popular Solidity programming language to Story Network with minimal or no changes.

Why tokenize IP on Story Network?

Tokenizing IP on Story Network offers several notable benefits:

🌊 Liquidity — IP can be traded or used as collateral, creating new financial opportunities.

🧱 Programmability — Automated actions like royalty payments can be embedded within IP NFTs, simplifying management.

🔍 Transparency — The underlying blockchain provides a clear and immutable record of IP ownership and transactions.

These are compelling pillars for content creators, but what will the actual use cases look like?

For instance, artists, musicians, writers, and beyond can register their IP as NFTs on Story Network, set licensing terms, and automate royalty payments. This makes it easier to control and monetize their work.

For developers, they can build applications that leverage tokenized IP. Think things like AI model marketplaces, content remixing platforms, and DeFi apps that use IP NFTs as collateral.

Two of the earliest app examples in the Story ecosystem are Magma and Mahojin. The former is a collaborative design tool that uses Story Network to manage and monetize creative works via NFTs, while the latter is a platform for AI training data and models.

Zooming out

How might making IP programmable and liquid influence the interaction between creators and consumers? Will tokenizing and trading IP democratize access to creative works? And how effectively can the PIL system adapt to diverse global legal landscapes, especially as AI-generated content becomes more prevalent?

The answers to these questions remain to be seen, but Story Network is diving in here in unprecedented fashion and looking to revolutionize the future of digital IP through the cryptoeconomy. As the chain evolves and gains traction, its bull case is its potential to redefine IP management to be better in line with the content challenges of the 21st century.

Can Story win out, then? We'll see, but this innovative reach into a new terrain is exciting nonetheless!

By WPeaster

🐧🚀PengyOS is a beacon for web3 memecoins, always innovating & providing updates.✨

Huge thanks to our volunteers & community! 🎉

4 months strong with incredible progress.✅
Proof of work is clear.💎

Pengy & Degens continue their mission in Africa! 🌍✨

What's the Deal with MegaETH? 🤔

The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'

What's its plan? Find out 👇

MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!

The big names involved have attracted some major attention to the upstart chain.

Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.

⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.

MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.

A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.

While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.

Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.

To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.

🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!

Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.

Written by JackInabinet

The Legacy of Zuzalu: One Year Later 🌇

Can the ephemeral city experiment inspired by Vitalik live on?

One year ago this week, our very own
TrustlessState shared details about his experience living with some of crypto’s brightest minds in the ephemeral city called Zuzalu.

You can read David's full breakdown of his experience below:

👉 http://bankless.cc/David_Z...

This popup city housed over 200 people from diverse regions and fields for two months. David conducted a number of interviews with fellow attendees during this time on topics spanning zero-knowledge proofs, longevity and biotech, network states, and public goods. You can check out those conversations below.

👉 http://bankless.cc/ZuzaluC...

Inspired and initiated by VitalikButerin, Zuzalu blended structure and spontaneity to construct a successful experiment, but almost immediately after the ephemeral city dispersed, attendees wondered how they could keep the fire of Zuzalu alive and continue to offer places for the ethos of Ethereum to connect with disparate emerging technologies.

Let’s take a look at what they’ve been up to since 👇

🏡 The Rise of Zu-Villages
The success of Zuzalu sparked interest in continuing the concept of crypto pop-up cities called Zu-villages.

Earlier this year, a gitcoin grants program offered 250 ETH in funding for creating Zu-villages and Zu-related technology. The round ran from Jan. 15 to Feb. 15, providing funding for 32 events like JoinEdgeCity, Esmerelda and ZuBerlinCity, which are currently running or have just finished, and 28 tools like ZupassProject and MuseMatrix_, a DeSci research institute.

Many of these tie into Zuzalu City, a community hub for Zu-villages and related software, including a calendar of pop-up cities like the few we've highlighted below:

Edge Esmeralda

The ongoing Edge Esmeralda is a month-long popup village focused on incubating novel technologies and new ways of living, aiming to build a foundation for a permanent new town, Esmeralda, around Healdsburg, CA. With $217K in funding from the Zuzalu grants round, Esmeralda put together a series of events centered around human organization, robotics, artificial intelligence, real-world crypto applications, and health and longevity.

The rise of Zu-villages illustrates the enduring impact of Zuzalu, with these pop-up cities continuing to foster collaboration, technological advancement, and a decentralized way of living across the globe.

These pop-up villages demonstrate a model where individuals can co-live, co-work, and co-create, blurring the lines between professional collaboration and communal living to create atmospheres aligned with personal sovereignty and collective problem-solving. The transient nature of these communities allows for flexibility and adaptability, where new ideas can be tested and refined in real time.

It highlights a future where governance is more fluid, technology enhances participants' health, and community building is a continuous, evolving process.

By providing spaces for like-minded individuals to come together, Zuzalu and its successors create fertile ground for social experimentation and technological innovation. They embody the spirit of decentralized, autonomous living, further reflecting the broader societal trends towards alternative lifestyles in the digital age. Overall, the legacy of Zuzalu lies in its ability to inspire and enact a vision of a forward-thinking world, where dynamic, transient communities can thrive and innovate, and tech and health exist in harmony.

Written by davewardonline

DID YOU KNOW

Solana uses PoH to IMPROVE their ecosystem??

Proof of History(PoH) is a unique consensus
algorithm developed by Solana to enhance
blockchain scalability and performance. It serves
as a cryptographic clock that verifies the passage
of time between events and transactions, which
then creates a historical record that proves events
occurred in a specific sequence.

This has reduced the need for traditional consensus protocols to verify timestamps, and significantly increased the network's efficiency.

Light Protocol is a cutting-edge blockchain technology on the Solana network that focuses on reducing costs and enhancing privacy. It recently introduced "ZK Compression," which uses zero-knowledge proofs (ZKPs) to reduce the cost of creating tokens and accounts by up to 99%, while maintaining security and performance.

Their latest development, Light v3, enables private program execution through Private Solana Programs (PSPs), which allows developers to build applications with built-in privacy features, such as private payments and encrypted order books. This technology supports full zkSNARK verification in a single transaction, improving transaction efficiency and privacy.

Light Protocol is open-source, encouraging community involvement in its development and expansion

The solana network prides itself in being the flash⚡of this space and the reason behind how The network achieves its speed through a unique consensus algorithm called Proof of History, which timestamps transactions before they are added to the blockchain.

Thought to share.

Don’t underestimate the power of $BULL

@bullverse is going to proof their best in #BULL run.

$BULL is Coming!

#bullish #crypto #buyBullVerse