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?

Daily Memecoin Recap - November 13

Two days in a row where we get pump fun coins over $1b

Monkey Stolen By Police
$jorgie -> $7m to $18m (2.6x)

Free Shayne Coplan
$🦅 -> $41m
- shayne_coplan CEO of polymarket

- elonmusk replied to a tweet and supports the movement

PNUT TO BILLIONS
$pnut -> $900m to $2 .4b (2.7x), second pumpdotfun
coin to $1b
$OPK -> $48m , peanut beta based on an image as a Star Wars character
$betch -> $12 .8m, another peanut deriv
$sugar -> $6 .7m, a squirrel following the animal and squirrel meta from PNUT's attention
$thumb -> $5m , peanut's best friend
#babypnut -> $4 .58m
$jill -> $1 .8m, peanut's girlfriend
$bambam -> $1 .1m, peanut's brother according to the peanut IG page
#babyfred -> $668k
$bop -> $317k , book of peanut
- $PNUT becomes the fastest memecoin to a billion market cap

First PNUT Dev Coin
$vermin -> $7k to $532k (76x), claims to be the first token deployed by the $PNUT dev -> CTO’d

Elon Meta
$banana -> $16m to $60m (3.8x), continues to cook as the SpaceX meme gains attention and volume
$sink -> $287k to $4m (14x)
$vivek -> $4m , from the announcement that he will be the head of D.O.G.E
#babydoge -> $691k , a deriv of the Department of Government Efficiency

High Volume
$luce -> $116m to $310m (2.7x), the cult growsas people speculate an upcoming binance
listing
$ban -> $102m to $255m (2.5x)
$if -> $267k to $3 .2m (12x)

Animal Memes Continue To Cook
$bert -> $1 .7m to $56m (33x), the Pomeranian capitalizing on the animal meta
#petunia -> $5 .5m to $30m (5.4x), viral asf
$shrub -> $4 .6m to $21m (4.5x), Elon’s hedgehog
$solito -> $68k to $1 .4m (20.6x)
$maya -> $12m
$teddy -> $4m
#cricket -> $2 .8m
$odin -> $2m

Artificial Intelligence
$act -> $518m to $884m (1.7x)
#shoggoth -> $29m to $94m (3.24x)
$ret -> $158k to $2 .39m (15.1x), token launched by an AI-powered robot dog
$obot -> $20 .2m, oxyz
AI CEO requested to have her own memecoin
$upg -> $3 .1m
$spence -> $2 .8m
$actiii -> $718k , $ACT beta
$circe -> $525k
$acta -> $342k

More Cooks
$cedar -> $218k to $10 .4m (47.7x), CTO
$merlin -> $5k to $2 .6m (520x), miracle goldfish in the animal meta
#USÐ -> $1m , united states doge
$boggle -> $2 .7m
$hoj -> $1 .4m
$chief -> $1 .2m
$void -> $701k
#pnut2 .0 -> $450k

Amazing volume, multiple metas emerging

This pic is me after I collect the best AI memes

🚨 A new user bet $2 million on Polymarket to support Kamala Harris in her presidential election victory.

He became the top oddsmaker predicting Harris' victory.

As a reminder, another user alone bet a total of $13 million on Trump on Polymarket.

🇺🇸 13 days before the US elections:

➡️ Polymarket
Trump: 64.3%
Harris: 35.5%

➡️ New York Times
Harris: 49%
Trump: 48%

What do you think?
Which one do you think is closest to reality?

🇺🇸 The gap continues to widen between Donald Trump and Kamala Harris on Polymarket.

Donald Trump 58.1%
Kamala Harris 41.8%

🚨 Nick Szabo overtakes Len Sassaman as Polymarket favorite to reveal Satoshi Nakamoto's identity in HBO documentary.

This comes after the documentary's producer said he confronted who he believes to be Satoshi Nakamoto in person, immediately ruling out Lens Sassaman, who died in 2011.

Chapter Two Rebrands as ‘Solana Seeker’, Unveiling a Range of New Features and Enhancements
140,000 pre-orders later, Solana Mobile’s next generation web3 smartphone emerges from its ‘stealth phase’.

Solana Mobile, the team behind the wildly popular Solana Saga device, has finally unveiled the eagerly awaited Solana Seeker. The next generation web3 smartphone is slated for release in 2025, offering a host of improved features and benefits.

Following the rampant success of the sellout Solana Saga, Solana Mobile stealth-launched the mysterious ‘Chapter Two’. Despite being light on details, Solana Chapter Two was well-received by the wider crypto-community. Solana Mobile’s next generation device has already been pre-ordered over 140,000 times, with recipients eager to get their hands on fresh Solana hardware.

Both the Solana Saga and the Seeker, formerly ‘Chapter Two’ have been embraced by Solana’s mobile development community. Saga owners and Seeker Genesis token holders have been generously rewarded with a litany of airdrops, as well as a vast selection of dApps and features designed exclusively for the Solana Seeker ahead of the device’s launch.

Since its inception, Solana co-founder Anatoly Yakovenko has been one of Solana Mobile’s staunchest advocates. Championing mobile devices and services as a key area of growth for the network, Yakovenko contends that the Seeker will improve on the standards set by the Saga at more accessible prices.

“We founded Solana Mobile with the mission of taking crypto mobile. To achieve that, we needed to make Seeker more accessible, more affordable, and for its hardware and software to be even more deeply integrated for web3. The support from across the Solana community so far has been incredible, and with features like the new Seed Vault Wallet and the updated Solana dApp Store, we think Seeker will be the definitive web3 mobile device when it comes out next year.” - Anatoly Yakovenko, Solana Labs co-founder

What new features can users expect from the Saga’s highly-anticipated successor?

New Phone, New Features
While the full range of improvements and hardware specifications is yet to be announced, Solana Mobile has teased the following features for the upcoming Seeker:

Seed Vault Wallet - The Seeker comes complete with a built-in self-custodial Seed Vault to provide a frictionless web3 mobile experience. Designed exclusively for the Seeker in collaboration with Solflare, the Seed Vault support double-tap transactions and simplified account management.

Solana Mobile dApp Store - Competing directly with the Apple/Google duopoly, the Solana Mobile dApp Store debuts a compelling new rewards tracker and offers enhanced discoverability for DeFi, NFTs, DePIN, Gaming, and Payments applications.

Seeker Genesis Token - A soulbound NFT, the Seeker Genesis Token is a non-transferrable asset that gives holders exclusive access to rewards, content and opportunities throughout Solana’s thriving ecosystem.

Enhanced Hardware - Seeker promises a dramatically improved build quality, boasting a superior camera, extended battery life, a lighter design, and a brighter display than its predecessor.

With 2025 just around the corner, the launch and distribution of Solana Seeker may come sooner than expected. Given the generous incentives and rewards enjoyed by Solana holders, the Solana community awaits the launch of Solana Seeker with bated breath.

Drift Protocol, a rising star in the Solana DeFi space, has secured a $25 million Series B funding round led by crypto venture firm Multicoin Capital. This significant investment follows Drift's series of strategic moves to capture a larger share of the diverse DeFi derivatives market and will fuel an ambitious expansion of its team.

Drift's recent launch of BET on DRIFT, a prediction market built on Solana ahead of the US elections, has garnered considerable attention. Within just one week of launch, Drift flipped PolyMarket in 24-hour volume on August 28th, 2024, signaling a strong user response and a potential shift in the prediction market landscape.

The platform's rapid growth, with $388 million in total value locked (TVL) and a series of successful product launches, has attracted significant investor interest. While details of the latest funding round remain unclear, it is believed to be a private token sale, given Drift's existing $DRIFT token launched in May 2024.

Multicoin Capital's Managing Partner, Kyle Samani, confirmed the private nature of the funding round in a tweet posted a few days before the official announcement. He expressed strong confidence in Drift's potential: "We have been analyzing DeFi derivatives pretty seriously since 2019-2020, and we believe that Drift Protocol is the best positioned protocol to capture that opportunity. We led multiple private rounds and have been buying on the public market since the token launched in May."

The Drift token $DRIFT has surged by 77% in the past 30 days, currently trading at.73 at press time.

Drift's Journey: From Seed to Series B and Beyond
Drift's journey to this point has been marked by steady growth and strategic fundraising. The platform raised $3 .8 million in a seed round in 2021, followed by a $23 .5 million Series A round in May 2023. This latest funding round brings Drift's total funding to an impressive $52 .5 million, positioning it for further expansion and innovation.

Fueling Growth: Doubling the Team
With this fresh injection of capital, Drift is set to embark on an aggressive growth trajectory. The company plans to double its headcount from 25 to 50 within the next year. This expansion will bolster Drift's capabilities across various fronts, including engineering, product development, marketing, and business development.

With fresh capital and a growing user base, Drift is well-positioned to execute its ambitious roadmap. The platform plans to expand its suite of financial services tools, enhance its cross-margin functionality, and further develop its prediction market offerings.

🚨 Assetera launches the first regulated RWA market in Europe, on the Polygon blockchain.

The initiative is supported by regulation by the Austrian Financial Market Authority and compliance with the MiFID II directive.

https://www.coindesk.com/b...

Qcp Reports That Harris Is Gaining Traction In The Debate, While The Market Remains Cautious About Interest Rate Cuts

QCP highlighted that the recent debate between Donald Trump and Kamala Harris has garnered significant attention this week. With support from Taylor Swift, Harris has seen her chances of winning rise above 50%, according to Polymarket data.

Crypto markets have suffered noticeable pullbacks following September 10’s highly anticipated presidential debate.

In the wake of self-proclaimed ‘Crypto President’ Donald Trump’s performance, scales have tipped in favor of Kamala Harris, with prediction markets illustrating renewed support for the Democrats.

Crypto Markets Tumble as Republican Confidence Wanes
The presidential debate had a resounding effect on the digital asset market. Following the event, $SOL price has dropped 5.1%, sliding from September 10’s high of $137 .9 to currently trade hands at $130 .84.

Beyond asset prices, CoinMarketCap’s Crypto Fear & Greed Index also dropped from a neutral 46.72 to a fearful ranking of 31.6.

The crypto market’s slide is expected to be due to the wider industry’s assumption that a Trump presidency will be favorable for the blockchain industry.

Commentators argue that Trump’s pro-crypto stance will greatly benefit the sector, with many analysts proposing that the approval of a spot SOL ETF hinges on a Republican victory. Meanwhile, some Solana community members expressed that regardless of who emerges triumphant in November, it will make little difference.

Over the past four years, the Biden administration has loomed large over the crypto industry. Gary Gensler and the S.E.C. (Securities and Exchanges Commission) have been widely criticized by the crypto community for their regulation-by-enforcement approach, which has seen the agency hand out a litany of lawsuits to crypto businesses throughout its time in office.

Volume Spikes on Drift Protocol’s Prediction Market
While Trump and Harris clashed heads on camera, traders took their chance to hit the prediction markets. Drift Protocol’s BET platform, a marketplace enabling users to trade the outcomes of real-world events, enjoyed an impressive surge of trading volume during the debate.

According to Dune Analytics, Drift Protocol’s BET protocol witnessed over $851k in daily trading volume. While falling short of market leader PolyMarket’s $14M daily volume, BET’s dramatic volume spike represented a 1,287% increase over the previous day’s trading.

According to BET’s dedicated market, Trump’s chances of winning the presidential election dropped from 54.2% to 49.5% since the debate began.

$TREMP Down, $KAMA Up
Finally, the landmark debate sent waves of volatility through Solana’s PolitiFi memecoin economy.

Unfortunately for $TREMP holders, crypto markets rejected the Presidential hopeful’s debate performance. $TREMP price crumbled under increased selling pressure, plunging 28% from.19 to currently exchange hands at.135, based on Step Finance data.

Meanwhile, the Kamala Harris-inspired $KAMA saw renewed support. $KAMA surged over 34%, rising from 0.007 to currently trade at.0094. Despite $KAMA’s superior performance, the memecoin still has a smaller market cap ($8.3M) than its PolitiFi rival $TREMP ($14.2M).

🇺🇸 Cryptocurrencies were not mentioned during the debate between Kamala Harris and Donald Trump tonight.

The latter, however, saw its rating drop by 3% on the Polymarket prediction market, compared to a 3% increase for Kamala Harris 📊

🚨 ATTENTIVE 🚨

Odds of Fed cutting rates sharply by 50 bps have soared to almost 40% on Polymarket on recession fears 👀‼️

Rate cuts are coming, September is going to be interesting ⏳ #Bitcoin

💸 Users of Polymarket estimate that there is a 77% chance that the FED will cut rates by 25 basis points at the next meeting scheduled for September 17-18

Solana based prediction market BET on DRIFT by DriftProtocol has surpassed Polymarket in 24-hour volume for the first time.

🥇BET on DRIFT: $20M

🥈Polymarket: $12 .4M

Donald Trump 🇺🇸 continues to gain the lead over Kamala Harris in the odds of being elected President of the United States, according to data from Polymarket ‼️👀

🔺 Franklin Templeton extends his Blockchain Fund to Avalanche.

The Wall Street titan's Government Money Fund (FOBXX) is now available on the Avalanche network.

FOBXX is represented by the BENJI token, which is currently trading on Stellar, Polygon and Arbitrum.

"The addition of Benji to the Avalanche network further expands access to our first tokenized money market fund"

Says Roger Bayston, head of digital assets at Franklin Templeton.

https://www.theblock.co/po...

Arcana Network presents its Chain Abstraction and opens registrations for its private beta 💡

The Chain Abstraction of ArcanaNetwork has just been integrated on 3 new protocols: Aave, Uniswap and Polymarkets

🚨 BREAKING: The odds of #DonaldTrump 🇺🇸 winning the presidential election are BACK up to almost 50%, according to Polymarket data ‼️👀

🇺🇸 US senators call on CFTC to ban political betting which they say could "influence elections and further erode public confidence in democracy."

The platform Polymarket is currently recording $500 million in bets linked to the US presidential elections

Total unique addresses on popular blockchain platforms

This month, BNBChain, Polygon, and Ethereum continue to lead the pack

Highlight stats:
- Most new addresses created: Base (+12.7M)
- Highest growth rate: Taiko (+22%), TON (+20%)

Hmmm... 🤔

Solana Co-founder Aeyakovenko says that:

"without Polymarket, there is a chance that the BS polls like 538 would have buried the truth. This is truly the first crypto election"

Joe Biden endorses his VP Kamala Harris as the democratic nominee for the 2024 presidential election

chances that she becomes the nominee surpasses 80% on Poly Market.

Easy to be bearish, but we still have many bullish catalysts:

• BTC ETF continued inflows
• ETH ETF launch soon
• Regulatory pivot
• Interest rates at all-time highs, with the EU and Canada already decreasing
• Stocks at all-time highs
• Gold close to ATH
• Stablecoin supply at ATH
• Circle's stablecoins compliant with MiCA, boosting integration in finance and commerce
• Stripe integrating stablecoins
• Paypal's newly launched $PYUSD growing ($405m issued)
• Blackrock pushing for asset tokenization
• Newly issued altcoins already down ~80%, resetting valuations
• Polymarket gaining traction beyond crypto natives
• Blockchains finally starting to scale

Finally, when Germany, the US government, and Mt. Gox are done, it will clear the last overhang.

Usually, sellers are easy to spot, but new buyers are obscure.

***CREDITS: Ignas defi research***

Compute Labs, the developer of a Solana-based GPU tokenization protocol, has raised $3 million in a pre-seed funding round.

Protocol Labs, the company behind the decentralized file storage network Filecoin, led the funding round.

Other investors includes;
Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures.

They were also Angel investors, including Sandeep Nailwal of Polygon, Illia Polosukhin of NEAR Protocol and Austin Federa of Solana Foundation.

Compute Labs began raising funds for the pre-seed round in March when it was founded and closed the round in April. The round was structured as a simple agreement for future tokens (SAFT) but it brought Compute Labs' fully diluted token valuation to $30 million.

What is Compute Labs?

Compute Labs is building a real-world asset (RWA) tokenization protocol focused on compute as its underlying asset. Compute refers to the processing power of CPUs and GPUs, essential for tasks such as data processing and running software.

Polymarket predictions says there is 80% chance that $DJT launched on Solana is not the official Trump coin.

$400k has already been wagered on the bet

Magic Eden, initially a Solana-focused NFT marketplace, has now expanded to support Ethereum and other networks like Bitcoin and Polygon. It has surpassed OpenSea in transaction volume as of April 2024.

This shows its rapid growth and adaptability.

According to polymarket's betting markets there is a 26% chance Tim Scott will become Donald Trump's VP, and a 16% chance for Doug Burgum

$SCOTT (on ETH) is $2m mcap
$SCUTT (on SOL) is $1 .2m mcap
$BURGUM (on ETH) is $420k mcap
$Burgam (on SOL) is $95k mcap