16 mins. ago
Despite uncertainty across the wider crypto markets, the Solana ecosystem continues to reward its loyal users with a wealth of liberal incentives and airdrops.
Which rewards programs and incentives should you have on your radar?
JUPITER ASR (ACTIVE STAKING REWARDS)
Ever since the $JUP TGE supporters and community members have been able to stake JUP tokens within Jupiter’s platform and vote on decentralized governance proposals that shape the direction and future of the protocol.
All voters and contributors, regardless of how they cast their votes, are eligible for a share of around $60M in Jupiter ASR (Active Staking Rewards). Allocations are calculated based on an individual account’s voting power and will be comprised of:
50M JUP
7.5B WEN
7.5M ZEUS
7.5M UPT
750,000 SHARK
These highly anticipated Active Staking Rewards are expected to be distributed before July 10, with an official allocation checker scheduled to go live sometime on July 5. It’s important to note that JUP claimed during the event will automatically added to your wallet’s staked amount.
SANCTUM $CLOUD AIRDROP
Following the success of its gamified LST loyalty program, Wonderland, Sanctum’s initial $CLOUD airdrop is slated to go live in mid-July. Attracting over 300,000 participants and amassing over $1B TVL (Total Value Locked) in early June based on DeFiLlama data, Sanctum’s CLOUD airdrop is one of the ecosystem’s most eagerly awaited events.
Sanctum's CLOUD airdrop introduces a novel approach to token distribution. With 10% of the total allocated to the event, the Sanctum has made the decision to split reward users based not only on their Wonderland XP, but also on their 'Earnestness'.
An official date for the CLOUD airdrop is yet to be announced, but it expected to go live sometime in mid-July.
MARINADE SEASON 3
One of the largest DeFi applications by TVL in the Solana ecosystem, Marinade’s Season 3 Rewards program is well underway.
Expected to run for three months, Marinade Season 3 promises to distribute 25M MNDE tokens, currently valued at $2 .7M, to community members who deepen total mSOL liquidity. Users are encouraged to earn bonus MNDE incentives by providing mSOL liquidity in three different ways:
Kamino mSOL/SOL LP Vault - Up to 12.5M MNDE tokens will be allocated to users who provide mSOL/SOL liquidity on Kamino Finance. LP providers will also be eligible for Kamino rewards.
Looping Meteora mSOL/SOL LP Tokens - Up to 5M MNDE tokens will be allocated to users who deposit into mSOL/SOL pools on Meteora and strategically loop their yield through Solend.
Discretionary LP/Partner Rewards - The remaining 7.5M MNDE tokens will be distributed to community members who deepen mSOL liquidity through various other partnerships. These partnerships are dynamic and currently undisclosed.
KAMINO SEASON 2
Another Solana DeFi powerhouse, Kamino’s Season 2 records program is thriving in full force and scheduled to end around the end of July.
Reward allocations are calculated linearly based on points accrued through using the protocol’s various functions, including lending and borrowing markets. By staking KMNO, the platform’s native token, users receive multipliers that boost their point generation.
Kamino’s Season 2 rewards program has been further bolstered by the integration of PayPal’s PYUSD stablecoin, which has attracted over $38M in TVL at press time.
DEBRIDGE
A clear winner of Jupiter’s Round 3 LFG Launchpad candidates, Debridge’s ongoing rewards program has attracted over 470,000 unique accounts and transferred over $3 .1B across different blockchains.
Accruing points through Debridge’s rewards program is straightforward, users simply need to transfer funds between chains using the protocol and by referring new users.
PARCL PERPETUAL POINTS SEASON 2
As of July 1st, the Parcl Perpetual Points program has entered its second season. Expected to last for the remainder of 2024, the
Which rewards programs and incentives should you have on your radar?
JUPITER ASR (ACTIVE STAKING REWARDS)
Ever since the $JUP TGE supporters and community members have been able to stake JUP tokens within Jupiter’s platform and vote on decentralized governance proposals that shape the direction and future of the protocol.
All voters and contributors, regardless of how they cast their votes, are eligible for a share of around $60M in Jupiter ASR (Active Staking Rewards). Allocations are calculated based on an individual account’s voting power and will be comprised of:
50M JUP
7.5B WEN
7.5M ZEUS
7.5M UPT
750,000 SHARK
These highly anticipated Active Staking Rewards are expected to be distributed before July 10, with an official allocation checker scheduled to go live sometime on July 5. It’s important to note that JUP claimed during the event will automatically added to your wallet’s staked amount.
SANCTUM $CLOUD AIRDROP
Following the success of its gamified LST loyalty program, Wonderland, Sanctum’s initial $CLOUD airdrop is slated to go live in mid-July. Attracting over 300,000 participants and amassing over $1B TVL (Total Value Locked) in early June based on DeFiLlama data, Sanctum’s CLOUD airdrop is one of the ecosystem’s most eagerly awaited events.
Sanctum's CLOUD airdrop introduces a novel approach to token distribution. With 10% of the total allocated to the event, the Sanctum has made the decision to split reward users based not only on their Wonderland XP, but also on their 'Earnestness'.
An official date for the CLOUD airdrop is yet to be announced, but it expected to go live sometime in mid-July.
MARINADE SEASON 3
One of the largest DeFi applications by TVL in the Solana ecosystem, Marinade’s Season 3 Rewards program is well underway.
Expected to run for three months, Marinade Season 3 promises to distribute 25M MNDE tokens, currently valued at $2 .7M, to community members who deepen total mSOL liquidity. Users are encouraged to earn bonus MNDE incentives by providing mSOL liquidity in three different ways:
Kamino mSOL/SOL LP Vault - Up to 12.5M MNDE tokens will be allocated to users who provide mSOL/SOL liquidity on Kamino Finance. LP providers will also be eligible for Kamino rewards.
Looping Meteora mSOL/SOL LP Tokens - Up to 5M MNDE tokens will be allocated to users who deposit into mSOL/SOL pools on Meteora and strategically loop their yield through Solend.
Discretionary LP/Partner Rewards - The remaining 7.5M MNDE tokens will be distributed to community members who deepen mSOL liquidity through various other partnerships. These partnerships are dynamic and currently undisclosed.
KAMINO SEASON 2
Another Solana DeFi powerhouse, Kamino’s Season 2 records program is thriving in full force and scheduled to end around the end of July.
Reward allocations are calculated linearly based on points accrued through using the protocol’s various functions, including lending and borrowing markets. By staking KMNO, the platform’s native token, users receive multipliers that boost their point generation.
Kamino’s Season 2 rewards program has been further bolstered by the integration of PayPal’s PYUSD stablecoin, which has attracted over $38M in TVL at press time.
DEBRIDGE
A clear winner of Jupiter’s Round 3 LFG Launchpad candidates, Debridge’s ongoing rewards program has attracted over 470,000 unique accounts and transferred over $3 .1B across different blockchains.
Accruing points through Debridge’s rewards program is straightforward, users simply need to transfer funds between chains using the protocol and by referring new users.
PARCL PERPETUAL POINTS SEASON 2
As of July 1st, the Parcl Perpetual Points program has entered its second season. Expected to last for the remainder of 2024, the
11 hours ago
BTC situation in the coming days
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
From what I can see on the chart, BTC is still bullish. We shouldn't have expected a parabolic rise without a strong correction. There are quite a few liquidation pools at 56800, which for me will be the low point. If not, then yes, we'll go lower.
The only current problem is general panic, which has a greater impact on the BTC price among the financially uneducated.
Institutions, on the other hand, continue to buy massively and impressively. Major corporations are investing heavily in the big projects of tomorrow in order to penetrate a booming market.
The only question is: who benefits?
Answer: the rich, because they buy what people sell, and sell when everyone else buys. If you're putting money into crypto, it's because you know it's risky, so stop aiming for perfection and learn to invest in solid projects, and don't listen to your favorite youtubers.
13 hours ago
🔍 The GambleFi, trend or bullshit?
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
13 hours ago
ROLLBIT
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
Rollbit is a gambling and trading platform based on the Ethereum blockchain, launched in 2020. It quickly established itself as the undisputed leader of GambleFi with more than one million registered users.
How does Rollbit work?
At the heart of Rollbit is a diverse and interconnected ecosystem, offering a complete gaming and trading experience. The platform is structured around four main pillars (casino, sports betting, NFT and crypto trading) all linked by the native RLB token.
The token serves as both a means of payment and as a reward. Rollbit has set up a unique progressive rewards system, where RLB holders benefit from increasing advantages: rakeback on betting, access to exclusive lotteries and discounts on trading fees.
Rollbit also launched an innovative "Buyback and Burn" program in August 2023. Every hour, part of the platform's revenue is used to buy back and destroy 90% of the RLB tokens purchased, creating deflationary pressure. The remaining 10% are redistributed to Rollbot NFT holders who stake them.
Rollbit thus positions itself as a leader in the GambleFi sector, merging gaming, trading and blockchain technology into a complete user experience.
2 days ago
🇪🇺 “Stablecoins will either be compliant or doomed to disappear from the European Union market in the short to medium term. »
Circle, issuer of USDC, in a press release relating to the impact of the entry into application of the MiCA regulation.
https://www.brettonwoods.o...
Circle, issuer of USDC, in a press release relating to the impact of the entry into application of the MiCA regulation.
https://www.brettonwoods.o...
2 days ago
Lately we have had:
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
3 days ago
🇯🇵 Sony is preparing to launch a crypto exchange in Japan with the acquisition of the Amber platform.
Japanese trading platform WhaleFin, acquired by the Sony Group last year, has been renamed S.BLOX Co, to generate additional value for its cryptocurrency trading services, according to a press release.
The exact launch date of the S.BLOX cryptocurrency exchange has not been announced.
Sony's other Web3 projects would also include building its own public blockchain network.
https://www.theblock.co/po...
Japanese trading platform WhaleFin, acquired by the Sony Group last year, has been renamed S.BLOX Co, to generate additional value for its cryptocurrency trading services, according to a press release.
The exact launch date of the S.BLOX cryptocurrency exchange has not been announced.
Sony's other Web3 projects would also include building its own public blockchain network.
https://www.theblock.co/po...
4 days ago
Over 500 million NFTs have been minted on our solana blockchain, with the majority using the new compressed NFT standard.
▶️ Total NFTs minted: 520 million+
▶️ Total Collections: 100,000+
▶️ Total Collectors: 49 million+
▶️ Total NFTs minted: 520 million+
▶️ Total Collections: 100,000+
▶️ Total Collectors: 49 million+
7 days ago
Crypto in 2024: Mid-Year Reflections
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
4 takeaways 👇
Crypto moves fast – like blink-and-you-missed-it fast.
The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.
Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.
TL;DR Crypto is just getting started; don't get shaken out.
Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇
1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.
In the first half of 2024, crypto broke through to the mainstream with a vengeance.
The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.
And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.
2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.
Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.
The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.
3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.
This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.
Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.
Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.
4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.
The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.
💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.
The bull market must go
11 days ago
Solana co-founder Aeyakovenko responded to criticism of ZK compression on Solana.
His words were👇
“It’s an L2 that doesn’t need a security council multisig, users don’t need to switch chain ids, doesn’t need a governance token, doesn’t need an external sequencer, solana validators still get all the transaction fees.
It’s like an L2 without all the things that people complain about L2s.”
His words were👇
“It’s an L2 that doesn’t need a security council multisig, users don’t need to switch chain ids, doesn’t need a governance token, doesn’t need an external sequencer, solana validators still get all the transaction fees.
It’s like an L2 without all the things that people complain about L2s.”
12 days ago
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
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
17 days ago
DXY (DOLLAR) 🇺🇸
The bane since last Wednesday during the last FOMC!
And yes, the FED has really hampered our plans.
For the moment cryptos are under great bearish pressure from the FOMC. But the S&P500 and NASDAQ are holding up. But be careful because if they start to correct it, we'll pay twice as much.
Afterwards, we can decorrelate this summer thanks to the ETH SPOT ETF but not sure...
So yes I am Bullish in the medium and long term as explained in previous tweets but in the short term I don't like it at all.
So do you think you'll see a Bull or Bear summer?
The bane since last Wednesday during the last FOMC!
And yes, the FED has really hampered our plans.
For the moment cryptos are under great bearish pressure from the FOMC. But the S&P500 and NASDAQ are holding up. But be careful because if they start to correct it, we'll pay twice as much.
Afterwards, we can decorrelate this summer thanks to the ETH SPOT ETF but not sure...
So yes I am Bullish in the medium and long term as explained in previous tweets but in the short term I don't like it at all.
So do you think you'll see a Bull or Bear summer?
19 days ago
Daily Memecoin Recap - June 15
Considering how majors are performing, the amount of volume/attention memes have is very notable
What happens once we hit peak bull?
Spike hacker dumps remaining tokens
$spike -> $3 .75m to $ 12.99m (3.46x), plenty of fresh wallets bought $10k + worth
Community takeovers (CTO's) going strong
$subo -> $2 .3m to $7 .5m (3.26x), CTO
$cook -> $1m to $2m (2x), good meme, CTO
$press -> $310k to $2 .2m (7.1x), "press dog", CTO
$mogdog -> $60k to $870k (14.5x), CTO, different pic of $wif dog
$pingu -> hit $421k , CTO
Slow Saturday, did you cook?
Considering how majors are performing, the amount of volume/attention memes have is very notable
What happens once we hit peak bull?
Spike hacker dumps remaining tokens
$spike -> $3 .75m to $ 12.99m (3.46x), plenty of fresh wallets bought $10k + worth
Community takeovers (CTO's) going strong
$subo -> $2 .3m to $7 .5m (3.26x), CTO
$cook -> $1m to $2m (2x), good meme, CTO
$press -> $310k to $2 .2m (7.1x), "press dog", CTO
$mogdog -> $60k to $870k (14.5x), CTO, different pic of $wif dog
$pingu -> hit $421k , CTO
Slow Saturday, did you cook?
20 days ago
(E)
Partnership Announcement🤝
We’re thrilled to announce a partnership with PengyOS! Their account proudly wears our gold checkmark reserved for partners.
Big congrats to Pengy for their recent addition to the Solana Mobile dApp store—an impressive milestone!
BullVerse is now integrated directly into pengy.fun
PengyOS x BullVerse
🔗 Follow their journey on BullVerse: https://bullverse.io/pengy...
We’re thrilled to announce a partnership with PengyOS! Their account proudly wears our gold checkmark reserved for partners.
Big congrats to Pengy for their recent addition to the Solana Mobile dApp store—an impressive milestone!
BullVerse is now integrated directly into pengy.fun
PengyOS x BullVerse
🔗 Follow their journey on BullVerse: https://bullverse.io/pengy...
24 days ago
STATE COMPRESSION TECHNOLOGY
Solana introduced state compression technology and what this means is that on-chain storage costs would be significantly reduced. This allows the cost of minting 1 million NFTs to drop to around 4 SOL from 1,200 SOL
Solana introduced state compression technology and what this means is that on-chain storage costs would be significantly reduced. This allows the cost of minting 1 million NFTs to drop to around 4 SOL from 1,200 SOL
27 days ago
Solana's top liquid staking service Jito, reached a new milestone in May, underpinned by
solana's impressive performance In May, when it's network fees hit $43 million, and its DEX volume has remained steady at $35 billion over the past two months, highlighting strong DeFi demand in the ecosystem.
solana's impressive performance In May, when it's network fees hit $43 million, and its DEX volume has remained steady at $35 billion over the past two months, highlighting strong DeFi demand in the ecosystem.
28 days ago
2 months ago
Its possible that the "Depression" Phase has arrived at a higher base price level. If the chart holds these levels, we could see a second cycle. Most of Europe hasn't seen this gem yet, as it was launched in the Night. Also it was launched on Friday even in the USA where many people are out. Let em wake up. I have shared this project in my communites of over 600 people. Organic !
