8 days ago
Daily Memecoin Recap - September 9
Market sentiment could flip bullish at any moment
Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event
Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme
Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold
Doge Team Post
$cate -> hit $511k , posted by $doge team,
Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO
Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO
Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"
Patience & quality over quantity 🤫
Market sentiment could flip bullish at any moment
Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event
Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme
Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold
Doge Team Post
$cate -> hit $511k , posted by $doge team,
Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO
Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO
Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"
Patience & quality over quantity 🤫
19 days ago
Quality Over Quantity
When markets are ranging & times are uncertain, practice sitting on your hands
Trading in a bullish environment increases your odds
One of the most important skills as a trader is knowing when to take action vs when to stay put
When markets are ranging & times are uncertain, practice sitting on your hands
Trading in a bullish environment increases your odds
One of the most important skills as a trader is knowing when to take action vs when to stay put
21 days ago
Daily Memecoin Recap - August 27
Volume was slow today with $btc & $sol decreasing
Cat Meta
$smh -> $1 .15m to $3m (2.6x), "So Much Higher"
$sicko -> $200k to $1 .35m (6.75x), heavily pushed today
$mood -> hit $520k , twitter community instead of an account
Dog Meta
$spikedog -> hit $625k , "4chan dog", good meme
$updog -> hit $335k , $bane CTO lead (ATH $7m ), CTO
Tron Memes
$biao -> $3m to $6 .5m (2.2x), famous Chinese meme
$elmo -> hit $8m , heavily pushed by KOLs, based on elmo
$vangogh -> hit $4 .1m, based on a justinsuntron tweet
More Cooks On $sol
$deebo -> $230k to $1 .55m (6.7x)
$money -> hit $580k , "Just give me my money"
$that -> hit $530k , "tinfoil hat",
$sym -> hit $390k , "Symphony", CTO
$mp3 -> hit $350k , "mood: Printing Trillions", twitter community instead of an account
Traditional markets are historically low volume during summer -> Crypto majors follow -> Memecoins follow
Looking for a push sometime into end of year, for now patience is key, focus on quality over quantity
Volume was slow today with $btc & $sol decreasing
Cat Meta
$smh -> $1 .15m to $3m (2.6x), "So Much Higher"
$sicko -> $200k to $1 .35m (6.75x), heavily pushed today
$mood -> hit $520k , twitter community instead of an account
Dog Meta
$spikedog -> hit $625k , "4chan dog", good meme
$updog -> hit $335k , $bane CTO lead (ATH $7m ), CTO
Tron Memes
$biao -> $3m to $6 .5m (2.2x), famous Chinese meme
$elmo -> hit $8m , heavily pushed by KOLs, based on elmo
$vangogh -> hit $4 .1m, based on a justinsuntron tweet
More Cooks On $sol
$deebo -> $230k to $1 .55m (6.7x)
$money -> hit $580k , "Just give me my money"
$that -> hit $530k , "tinfoil hat",
$sym -> hit $390k , "Symphony", CTO
$mp3 -> hit $350k , "mood: Printing Trillions", twitter community instead of an account
Traditional markets are historically low volume during summer -> Crypto majors follow -> Memecoins follow
Looking for a push sometime into end of year, for now patience is key, focus on quality over quantity
1 month ago
Daily Memecoin Recap - August 11
Market is slower compared to a couple days ago, but it's always to be expected on weekends
Runners Of The Day
$crocs -> $1m to $36m (36x), "Crocs In Sport Mode", dog meme
$hazel -> hit $3 .2m, dog with food on his head, $michi dev (ATH $300m +)
Crying Animals
$crying -> hit $10m , "crying cat", old coin that pushed today (was dead before), lots of KOLs involved & whale buys
$crying -> hit $850k , "crying dog", CTO, same dev as crying cat, pumped after crying cat's success
Elon Meta
$grok2 -> hit $2 .55m, elonmusk
tweeted that Grok 2 beta will be out soon
Dog Memes
$boppy -> $452k to $1 .45m (3.2x), CTO, ATH at $2 .3m 2+ weeks ago
$coby -> hit $500k
$mok -> hit $330k
$dawg -> hit $240k , "dawg in me"
More Cooks
$kolt -> $725k to $4 .9m (6.76x), team continues to push, slow cook that heavily pushed today
$eric -> $356k to $1 .3m (3.65x), launched on dexscreener
's moonshot 2 days ago
$slc -> hit $1 .3m, "Soltoshi Nakamato, the creator of Solcoin", dev locked 71% of supply
$qcat -> hit $840k , "Quantum Cat"
$ariel -> hit $800k , cat meme, launched a couple days ago
$weiner -> hit $750k
$knobgob -> hit $750k , Matt Furie meme Matt_Furie
$usdc -> hit 700k, "Unstoppable Salmon Doing Cocaine", similar vibe to $scf , ticker is a play on the stablecoin
$miki -> hit $470k , "Ikea Monkey", CTO
$P1SS -> hit $440k , Mercedes CLR GTR-P1SS, pushed by influencers
$karen -> hit $260k , good meme on karens
A lot of coins dropping without a specific meta
The consistent amount of volume that memes have been getting (regardless of market conditions) over the last 5+ months is one of the most impressive things I've seen in crypto
Will we get a bullish end of year?
Market is slower compared to a couple days ago, but it's always to be expected on weekends
Runners Of The Day
$crocs -> $1m to $36m (36x), "Crocs In Sport Mode", dog meme
$hazel -> hit $3 .2m, dog with food on his head, $michi dev (ATH $300m +)
Crying Animals
$crying -> hit $10m , "crying cat", old coin that pushed today (was dead before), lots of KOLs involved & whale buys
$crying -> hit $850k , "crying dog", CTO, same dev as crying cat, pumped after crying cat's success
Elon Meta
$grok2 -> hit $2 .55m, elonmusk
tweeted that Grok 2 beta will be out soon
Dog Memes
$boppy -> $452k to $1 .45m (3.2x), CTO, ATH at $2 .3m 2+ weeks ago
$coby -> hit $500k
$mok -> hit $330k
$dawg -> hit $240k , "dawg in me"
More Cooks
$kolt -> $725k to $4 .9m (6.76x), team continues to push, slow cook that heavily pushed today
$eric -> $356k to $1 .3m (3.65x), launched on dexscreener
's moonshot 2 days ago
$slc -> hit $1 .3m, "Soltoshi Nakamato, the creator of Solcoin", dev locked 71% of supply
$qcat -> hit $840k , "Quantum Cat"
$ariel -> hit $800k , cat meme, launched a couple days ago
$weiner -> hit $750k
$knobgob -> hit $750k , Matt Furie meme Matt_Furie
$usdc -> hit 700k, "Unstoppable Salmon Doing Cocaine", similar vibe to $scf , ticker is a play on the stablecoin
$miki -> hit $470k , "Ikea Monkey", CTO
$P1SS -> hit $440k , Mercedes CLR GTR-P1SS, pushed by influencers
$karen -> hit $260k , good meme on karens
A lot of coins dropping without a specific meta
The consistent amount of volume that memes have been getting (regardless of market conditions) over the last 5+ months is one of the most impressive things I've seen in crypto
Will we get a bullish end of year?
1 month ago
Weekly Outlook Charts: August 5-9:
#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
Weekly: https://www.tradingview.co.../
Daily: Solid rejection off 106/107 level instills confidence of further downside to target.
https://www.tradingview.co.../
🎯Target at 97 remains.
Doesnt lower DXY mean gains for risk assets like crypto? Not quite..
Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.
The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...
Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.
#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../
Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)
However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.
#US10Y
Below shows the yield curve vs gold.
https://www.tradingview.co.../
🎯Target for 3000
As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.
Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.
Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market
#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
Weekly: https://www.tradingview.co.../
Daily: Solid rejection off 106/107 level instills confidence of further downside to target.
https://www.tradingview.co.../
🎯Target at 97 remains.
Doesnt lower DXY mean gains for risk assets like crypto? Not quite..
Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.
The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...
Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.
#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../
Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)
However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.
#US10Y
Below shows the yield curve vs gold.
https://www.tradingview.co.../
🎯Target for 3000
As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.
Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.
Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market
DXY Weekly Down for TVC:DXY by SolenyaResearch — TradingView
Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.
https://www.tradingview.com/chart/DXY/LDxbqwgW-DXY-Weekly-Down/
2 months ago
The reserves of Bitcoin on exchanges have indeed reached their lowest levels in years. According to data from on-chain analytics platform CryptoQuant, there are currently approximately 2.8 million BTC left on exchanges1.
This decline comes amid a sustained price surge for Bitcoin, as it continues to test the $70 ,000 mark1.
When BTC reserves decrease, it often indicates that people are less willing to sell and are moving their holdings to secure cold wallets. This trend has been noticeable since early 2022 and has intensified over the past year
https://blocknews.com/bitc.../
This decline comes amid a sustained price surge for Bitcoin, as it continues to test the $70 ,000 mark1.
When BTC reserves decrease, it often indicates that people are less willing to sell and are moving their holdings to secure cold wallets. This trend has been noticeable since early 2022 and has intensified over the past year
https://blocknews.com/bitc.../
2 months ago
🚨 Cantor Fitzgerald, the global financial services group, announces plans to launch a bitcoin financing business.
The company will have $2 billion in funding at launch.
Cantor already owns a large quantity of bitcoins according to its CEO Howard Lutnick.
“Bitcoin should trade the same as gold everywhere in the world, without exception and without limitation.”
“We will build the best bitcoin financing platform, we will work with the best custodians, we are committed to your bitcoin ecosystem.”
https://www.theblock.co/po...
The company will have $2 billion in funding at launch.
Cantor already owns a large quantity of bitcoins according to its CEO Howard Lutnick.
“Bitcoin should trade the same as gold everywhere in the world, without exception and without limitation.”
“We will build the best bitcoin financing platform, we will work with the best custodians, we are committed to your bitcoin ecosystem.”
https://www.theblock.co/po...
2 months ago
Daily Memecoin Recap - July 22
The main thing to keep an eye on is the situation regarding JoeBiden
👀
Rumours That President Biden Has Passed Away
$boden -> $5 .45m to $21 .8m (3.99x)
$bidead -> hit $2m
$ghostbiden -> hit $1 .4m, "Ghost Biden", CTO
$byeden -> hit $1m , new launch (there's already an older one)
$rip -> hit $650k
$alive -> hit $280k , good gamble alternative play
$joevid19 -> hit $256k
$bidone -> hit $250k
Kabooty Goes Crazy
$KaBooty -> $63k to $5 .1m (75x),
Elon Musk Meta
$laser -> $191k to $5 .4m (28x), based on elonmusk's new pfp
$mag -> hit $2 .5m, "Make America Greater", Trump + Elon
Popcat Dev "CTO's" Another Popcat
$popcat -> $170k to $1m (5.88x)
Hyped Launches
$bill -> $20m to $42 .7m (2.13x), "Bill The Bear", continues to push
$blue -> hit $51m , launched by inBetweeners
$solympics -> hit $1 .95m
$q -> hit $800k
Cat Memes
$hehe -> $12 .2m to $26 .2m (2.15x), strong push today
$ily -> $1m to $7 .4m (7.4x), good CTO team
$bigi -> $864k to $4 .99m (4.61x), CTO with lots of KOLs onboard, got CTO'd as $mini derivative
$quant -> $235k to $4 .56m (19.8x), thesis cat
$tard -> $1 .6m to $4 .5m (2.81x), CTO
$lumi -> hit $1 .8m, Illuminati Cat, CTO
$hello -> hit $370k , travelling cat
Zoomer Memes
$alpha -> hit $1 .35m
$fries -> hit $940k , "just put my fries in the bag bro", popular twitter meme (good meme), CTO
$rtr -> hit $920k , "rugs to riches", good name
$gyatt -> hit $597k
Other Plays
$scf -> $46k to $4 .6m (100x), "Smoking Chicken Fish"
$scrbly -> $27k to $1m (37x), drawing of a dog
$shiby -> hit $2 .7m, CTO
$solana -> hit $520k , HarryPotterTrumpSonic69Inu
$sad -> hit $356k
$pierre -> hit $330k , "sacré bleu", french oriented meme
$dust -> hit $325k , cause your positions turn into dust
News plays are some of the most profitable for traders that position themselves appropriately
Keep on scanning
The main thing to keep an eye on is the situation regarding JoeBiden
👀
Rumours That President Biden Has Passed Away
$boden -> $5 .45m to $21 .8m (3.99x)
$bidead -> hit $2m
$ghostbiden -> hit $1 .4m, "Ghost Biden", CTO
$byeden -> hit $1m , new launch (there's already an older one)
$rip -> hit $650k
$alive -> hit $280k , good gamble alternative play
$joevid19 -> hit $256k
$bidone -> hit $250k
Kabooty Goes Crazy
$KaBooty -> $63k to $5 .1m (75x),
Elon Musk Meta
$laser -> $191k to $5 .4m (28x), based on elonmusk's new pfp
$mag -> hit $2 .5m, "Make America Greater", Trump + Elon
Popcat Dev "CTO's" Another Popcat
$popcat -> $170k to $1m (5.88x)
Hyped Launches
$bill -> $20m to $42 .7m (2.13x), "Bill The Bear", continues to push
$blue -> hit $51m , launched by inBetweeners
$solympics -> hit $1 .95m
$q -> hit $800k
Cat Memes
$hehe -> $12 .2m to $26 .2m (2.15x), strong push today
$ily -> $1m to $7 .4m (7.4x), good CTO team
$bigi -> $864k to $4 .99m (4.61x), CTO with lots of KOLs onboard, got CTO'd as $mini derivative
$quant -> $235k to $4 .56m (19.8x), thesis cat
$tard -> $1 .6m to $4 .5m (2.81x), CTO
$lumi -> hit $1 .8m, Illuminati Cat, CTO
$hello -> hit $370k , travelling cat
Zoomer Memes
$alpha -> hit $1 .35m
$fries -> hit $940k , "just put my fries in the bag bro", popular twitter meme (good meme), CTO
$rtr -> hit $920k , "rugs to riches", good name
$gyatt -> hit $597k
Other Plays
$scf -> $46k to $4 .6m (100x), "Smoking Chicken Fish"
$scrbly -> $27k to $1m (37x), drawing of a dog
$shiby -> hit $2 .7m, CTO
$solana -> hit $520k , HarryPotterTrumpSonic69Inu
$sad -> hit $356k
$pierre -> hit $330k , "sacré bleu", french oriented meme
$dust -> hit $325k , cause your positions turn into dust
News plays are some of the most profitable for traders that position themselves appropriately
Keep on scanning
2 months ago
💸 On July 5, over 46,000 #Bitcoin were withdrawn from all spot exchanges, marking the largest withdrawal in 2024 so far.
Source Woo_Minkyu of cryptoquant_com
Source Woo_Minkyu of cryptoquant_com
3 months ago
Daily Memecoin Recap - June 5
Overall very good volume & plenty of decent plays
Elite communities
$michi -> $112m to $183m (1.63x from the low)
$mini -> $6 .23m to $19 .9m (3.19x from the low)
Bazinga launches a coin against
after he announces a presale
$cipe -> hit $2m ,
Asian meta
$rif -> hit $5 .1m, Chinese $wif
$peipei -> hit $2 .6m, Chinese $pepe
$irene -> hit $1 .3m, Asian $mother
$chiwif -> hit $842k , another Chinese $wif , different art
$sorana -> hit $583k , Chinese $sol
All you need is a couple good plays per week
Quality > Quantity
Overall very good volume & plenty of decent plays
Elite communities
$michi -> $112m to $183m (1.63x from the low)
$mini -> $6 .23m to $19 .9m (3.19x from the low)
Bazinga launches a coin against
after he announces a presale
$cipe -> hit $2m ,
Asian meta
$rif -> hit $5 .1m, Chinese $wif
$peipei -> hit $2 .6m, Chinese $pepe
$irene -> hit $1 .3m, Asian $mother
$chiwif -> hit $842k , another Chinese $wif , different art
$sorana -> hit $583k , Chinese $sol
All you need is a couple good plays per week
Quality > Quantity
