25 days ago
Daily Memecoin Recap - November 8
Great way to end the week. What was your best trade?
GOAT Deployer Wallet
$toga -> hit $18 .4m, same deployer as $goat (ATH $800m +), survived all the FUD
- People are saying someone spoofed the transaction and there wasn't actually a transaction coming from the $goat wallet
Homeless Japanese Dev
$fuji -> $100k to $3 .7m (37x), fujimoto1954
- If you saw Japanese on your timeline today it was because of this
- Pushed by idrawline & retardiosolana
Artificial Intelligence
$yousim -> $14m to $35 .5m (2.5x)
$forest -> $10 .4m to $24 .8m (2.4x)
$tds -> $3 .41m to $14 .3m (4.2x)
$mau -> hit $7 .9m, AI chat system
$neko -> hit $3 .8m, virtual pet
High Volume
$uponly -> $8 .2m to $38 .5m (4.7x), cobie
$ass -> $254k to $7 .3m (29x)
$42069k -> hit $3 .4m, $retire derivative
$lingyan -> hit $2 .6m, viral Chinese panda
$zerepooch -> hit $2 .2m, $zerebro 's dog
$affirm -> hit $2 .1m
Happy Cat Continues Its Run
$happy -> $12 .2m to $31m (2.54x)
Animal Memes
$toad $6 .95m -> $12 .7m (1.8x)
$bob -> hit $1 .7m, fish with a human face
$miki -> hit $918k , cute dog
$joji -> hit $836k
$dwag -> hit $700k , $fwog beta
$bulldog -> hit $433k
Elon Meta
$legend -> hit $1m , based on elonmusk
$xnn -> hit $668k , twitter is becoming the #1 news platform
More Cooks
$4b -> $976k to $2 .2m (2.3x)
$wealth -> $608k to $1 .6m (2.6x)
$pray -> $154k to $732k (4.8x)
$wukong -> hit $3 .9m
$dork -> hit $1 .5m
$iconic -> hit $568k
$bonzo -> hit $460k , $mondo derivative
Wen $SOL ATH?
Great way to end the week. What was your best trade?
GOAT Deployer Wallet
$toga -> hit $18 .4m, same deployer as $goat (ATH $800m +), survived all the FUD
- People are saying someone spoofed the transaction and there wasn't actually a transaction coming from the $goat wallet
Homeless Japanese Dev
$fuji -> $100k to $3 .7m (37x), fujimoto1954
- If you saw Japanese on your timeline today it was because of this
- Pushed by idrawline & retardiosolana
Artificial Intelligence
$yousim -> $14m to $35 .5m (2.5x)
$forest -> $10 .4m to $24 .8m (2.4x)
$tds -> $3 .41m to $14 .3m (4.2x)
$mau -> hit $7 .9m, AI chat system
$neko -> hit $3 .8m, virtual pet
High Volume
$uponly -> $8 .2m to $38 .5m (4.7x), cobie
$ass -> $254k to $7 .3m (29x)
$42069k -> hit $3 .4m, $retire derivative
$lingyan -> hit $2 .6m, viral Chinese panda
$zerepooch -> hit $2 .2m, $zerebro 's dog
$affirm -> hit $2 .1m
Happy Cat Continues Its Run
$happy -> $12 .2m to $31m (2.54x)
Animal Memes
$toad $6 .95m -> $12 .7m (1.8x)
$bob -> hit $1 .7m, fish with a human face
$miki -> hit $918k , cute dog
$joji -> hit $836k
$dwag -> hit $700k , $fwog beta
$bulldog -> hit $433k
Elon Meta
$legend -> hit $1m , based on elonmusk
$xnn -> hit $668k , twitter is becoming the #1 news platform
More Cooks
$4b -> $976k to $2 .2m (2.3x)
$wealth -> $608k to $1 .6m (2.6x)
$pray -> $154k to $732k (4.8x)
$wukong -> hit $3 .9m
$dork -> hit $1 .5m
$iconic -> hit $568k
$bonzo -> hit $460k , $mondo derivative
Wen $SOL ATH?
1 month ago
Roadmap to Grow 1 SOL to 100 SOL
0-1 SOL:
- Aim for small, consistent X's (2-5x's)
- Throw 0.1/play
- Focus on coins that are still on pump fun
- Jeet right before things bond or right after they go live on raydium
1-10 SOL:
- Look for calculated plays with 3-10x potential
- Focus on risk management
- Don't put more than 30% of your port into a single play
- Aim to take initials around 2x, and hold the rest for higher profit targets (ride risk-free)
10-100 SOL:
- Start allocating some $SOL to a couple different high quality memes
- Focus on memes that are established but undervalued
- Be patient and add to your winners
- Find narrative plays with high volume
Be more conservative in the beginning as you're still learning
Start taking more risk as you grow your port and find your edge
0-1 SOL:
- Aim for small, consistent X's (2-5x's)
- Throw 0.1/play
- Focus on coins that are still on pump fun
- Jeet right before things bond or right after they go live on raydium
1-10 SOL:
- Look for calculated plays with 3-10x potential
- Focus on risk management
- Don't put more than 30% of your port into a single play
- Aim to take initials around 2x, and hold the rest for higher profit targets (ride risk-free)
10-100 SOL:
- Start allocating some $SOL to a couple different high quality memes
- Focus on memes that are established but undervalued
- Be patient and add to your winners
- Find narrative plays with high volume
Be more conservative in the beginning as you're still learning
Start taking more risk as you grow your port and find your edge
2 months ago
🚨 Grayscale places $Doge , Worldcoin, $Pyth and $Rune on a list of 35 cryptocurrencies with high potential.
Grayscale has listed 35 cryptocurrencies broken down into 5 main categories:
🔹 Coins
🔹 Smart Contract Platforms
🔹 Finance
🔹 Culture
🔹 Public services.
Grayscale is considering potentially including them in its selection of crypto investment products.
Grayscale has listed 35 cryptocurrencies broken down into 5 main categories:
🔹 Coins
🔹 Smart Contract Platforms
🔹 Finance
🔹 Culture
🔹 Public services.
Grayscale is considering potentially including them in its selection of crypto investment products.
2 months ago
At Solana Breakpoint 2024, Charles d’Haussy, CEO of the dYdX Foundation, discussed the protocols’s upcoming enhancements and muse on Solana’s growth.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
2 months ago
$HONEY , $MPLX , $CROWN Lead Solana Ecosystem Token Performance During Breakpoint
Which native tokens outperformed the market during Solana Breakpoint 2024?
Solana Breakpoint delivered a bounty of massive announcements not only for Solana, but also for a host of applications and projects building in the ecosystem.
However, market dynamics don’t always line up with protocol updates. Hype and speculation can push prices up ahead of the event, only to be met with disappointing price action when teams don’t deliver the news traders are hoping to hear.
On the other hand, projects that were ignored by speculative traders can enjoy solid price appreciation when they deliver unexpected announcements.
In the eyes of the market, who were Solana Breakpoint’s best and worst performers?
Solana Breakpoint Market Dynamics
To illustrate market dynamics during Breakpoint, analysts compiled and analyzed price data from 20 key projects in the ecosystem. Tokens were shortlisted from the following criteria:
In the industry’s top 1,000 tokens by market capitalization.
Made announcements, or participated in Breakpoint panels and debates.
If not presenting at the event, proven ecosystem OGs like Orca and Raydium were included.
Other than BONK Memecoins were excluded. BONK’s inclusion is due to its announcements and significant presence at the event.
Using Step Finance data, prices were pulled from Breakpoint’s opening and compared that with the price recorded at the closure of the event.
While the market anticipated big announcements from the likes of Jupiter and Sanctum, it was the projects that no one expected updates from who performed the best. $HONEY , $MPLX , and $CROWN outperformed the market, while most of the ecosystem remained largely unchanged.
Hivemapper, the company behind $HONEY , shared impressive growth statistics. The DePIN protocol has successfully mapped over 26% of the world’s road network and now sells mapping data to three of the ten largest mapmakers.
Metaplex, one of Solana’s longest-standing infrastructure providers, held a stealthy presentation in The Pod, one of Breakpoint’s smaller spaces. During the session, Metaplex teased the upcoming launch of the Metaplex Aura Network, a mysterious new addition to Metaplex’s product suite.
Finally, Photo Finish announced that its mobile app was approved for distribution on the Apple App Store. According to Photo Finish CEO, this makes the app the world’s first real-money horse racing mobile game approved by Apple.
However, Breakpoint is a relatively short event with plenty of other dynamics influencing price movements. For example, $CLOUD’s appears to have traded sideways during Breakpoint, but it needs to be said that the asset enjoyed an impressive surge both before and after the event.
Despite stale price action throughout Breakpoint, $CLOUD is up 67% on a weekly time frame and has been one of the Solana ecosystem’s best performers, based on Step Finance data.
Which native tokens outperformed the market during Solana Breakpoint 2024?
Solana Breakpoint delivered a bounty of massive announcements not only for Solana, but also for a host of applications and projects building in the ecosystem.
However, market dynamics don’t always line up with protocol updates. Hype and speculation can push prices up ahead of the event, only to be met with disappointing price action when teams don’t deliver the news traders are hoping to hear.
On the other hand, projects that were ignored by speculative traders can enjoy solid price appreciation when they deliver unexpected announcements.
In the eyes of the market, who were Solana Breakpoint’s best and worst performers?
Solana Breakpoint Market Dynamics
To illustrate market dynamics during Breakpoint, analysts compiled and analyzed price data from 20 key projects in the ecosystem. Tokens were shortlisted from the following criteria:
In the industry’s top 1,000 tokens by market capitalization.
Made announcements, or participated in Breakpoint panels and debates.
If not presenting at the event, proven ecosystem OGs like Orca and Raydium were included.
Other than BONK Memecoins were excluded. BONK’s inclusion is due to its announcements and significant presence at the event.
Using Step Finance data, prices were pulled from Breakpoint’s opening and compared that with the price recorded at the closure of the event.
While the market anticipated big announcements from the likes of Jupiter and Sanctum, it was the projects that no one expected updates from who performed the best. $HONEY , $MPLX , and $CROWN outperformed the market, while most of the ecosystem remained largely unchanged.
Hivemapper, the company behind $HONEY , shared impressive growth statistics. The DePIN protocol has successfully mapped over 26% of the world’s road network and now sells mapping data to three of the ten largest mapmakers.
Metaplex, one of Solana’s longest-standing infrastructure providers, held a stealthy presentation in The Pod, one of Breakpoint’s smaller spaces. During the session, Metaplex teased the upcoming launch of the Metaplex Aura Network, a mysterious new addition to Metaplex’s product suite.
Finally, Photo Finish announced that its mobile app was approved for distribution on the Apple App Store. According to Photo Finish CEO, this makes the app the world’s first real-money horse racing mobile game approved by Apple.
However, Breakpoint is a relatively short event with plenty of other dynamics influencing price movements. For example, $CLOUD’s appears to have traded sideways during Breakpoint, but it needs to be said that the asset enjoyed an impressive surge both before and after the event.
Despite stale price action throughout Breakpoint, $CLOUD is up 67% on a weekly time frame and has been one of the Solana ecosystem’s best performers, based on Step Finance data.
2 months ago
Solana’s iconic memecoin scene is restructuring. Frustrated by the rampant oversaturation of token launches and a litany of extractive practices, memecoin traders are reevaluating their approach..
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
3 months ago
Daily Memecoin Recap - September 15
Volume is picking up, today was very decent
SCF Lead Gone Rogue
$scf -> hit $2 .67m, new one
$scf -> $37m to $24 .4m (-34%), OG
- SCF's CTO lead feels betrayed by the team
- He decided to launch his own $scf on moonshot
- He claims he will airdrop all OG $scf holders
- $132k + in LP Rewards
- Read through his tweets for more info: PastorKelby
DeGods Launches A Coin
$degod -> hit $326m , hit a low of $52m , now sitting at $92m
- Heavily sniped on launch
- Degods is simplifying their entire ecosystem into a single asset
Iggy Azalea Come Back
$mother -> $32 .5m to $62 .11m (1.91x), whales have been loading up,
Moonshot Launches
$shawk -> hit $3 .35m, hyped launch, $72k + in LP Rewards
$rollie -> hit $438k , $8k in LP Rewards
Moo Deng Wants More
$moodeng -> $1 .54m to $4 .98m (3.23x), viral hippo
Cat Memes
$tole -> $10k to $615k (61.5x), cat meme launched on July 17, CTO started today
$fade -> $183k to $726k (3.96x), "Don't Fade me"
$yumi -> hit $155k , cat meme
More Cooks
$abcde -> $1 .98m to $3 .72m (1.87x), pushing for ATH
$wog -> $285k to $1 .11m (3.89x), $fwog + dog
$ball -> $70k to $615k (8.78x), "Ball Up Top", viral meme
$immortal -> hit $468k , r
Thoughts on the SCF situation? Hope some of you cooked on the new one 🤝
Volume is picking up, today was very decent
SCF Lead Gone Rogue
$scf -> hit $2 .67m, new one
$scf -> $37m to $24 .4m (-34%), OG
- SCF's CTO lead feels betrayed by the team
- He decided to launch his own $scf on moonshot
- He claims he will airdrop all OG $scf holders
- $132k + in LP Rewards
- Read through his tweets for more info: PastorKelby
DeGods Launches A Coin
$degod -> hit $326m , hit a low of $52m , now sitting at $92m
- Heavily sniped on launch
- Degods is simplifying their entire ecosystem into a single asset
Iggy Azalea Come Back
$mother -> $32 .5m to $62 .11m (1.91x), whales have been loading up,
Moonshot Launches
$shawk -> hit $3 .35m, hyped launch, $72k + in LP Rewards
$rollie -> hit $438k , $8k in LP Rewards
Moo Deng Wants More
$moodeng -> $1 .54m to $4 .98m (3.23x), viral hippo
Cat Memes
$tole -> $10k to $615k (61.5x), cat meme launched on July 17, CTO started today
$fade -> $183k to $726k (3.96x), "Don't Fade me"
$yumi -> hit $155k , cat meme
More Cooks
$abcde -> $1 .98m to $3 .72m (1.87x), pushing for ATH
$wog -> $285k to $1 .11m (3.89x), $fwog + dog
$ball -> $70k to $615k (8.78x), "Ball Up Top", viral meme
$immortal -> hit $468k , r
Thoughts on the SCF situation? Hope some of you cooked on the new one 🤝
3 months ago
Raydium Protocol Introduces "Burn & Earn," which would allow teams launching tokens to permanently lock CLMM liquidity while still claiming trading fees. This new feature would be competition to Meteora's Dynamic Pools.
3 months ago
📊 The DEX landscape is changing!
Uniswap's market share has fallen from over 50% in October 2023 to less than 36% today.
Pancakeswap, Aerodrome, Orca and Raydium all exceed 7% market share 📈
Uniswap's market share has fallen from over 50% in October 2023 to less than 36% today.
Pancakeswap, Aerodrome, Orca and Raydium all exceed 7% market share 📈
3 months ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
3 months ago
We are 180 days into a correction since we made an ATH in Bitcoin and market sentiment is worse than when BTC was at 15K.
Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.
And what happened?
> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.
And what is to come?
> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).
And all this with stablecoins reaching all-time highs.
Is this the end? Are we all going to die?
I don't believe it.
For me nothing has changed.
Nobody said the bull market was going to be easy.
The best, for me, is yet to come.
You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.
The difficult moments are what separate babies with poop on their butts from legends.
Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.
We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.
It seems like a meme, but it is not.
There is something that will never change.
> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.
And it is certainly the fastest way to lose money in this market.
Sorry, I didn't make up the rules of the game.
The road will be long and there will be monsters and corpses along the way, just try not to make it yours.
The bull market is not over.
They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.
Nothing has changed.
Patience, conviction, buy the dip & chill 🏝️
Ethereum has lost nearly $250 billion in market cap over the summer, even with ETFs coming to market.
And what happened?
> Massive exits and sales by Grayscale.
> Massive MT.GOX distributions.
> Mass distributions from the United States.
> Germany selling +50,000 BTC.
And what is to come?
> US interest rate cuts.
> Gradual increase in global liquidity.
> United States elections.
> FTX Refunds (+$16B).
And all this with stablecoins reaching all-time highs.
Is this the end? Are we all going to die?
I don't believe it.
For me nothing has changed.
Nobody said the bull market was going to be easy.
The best, for me, is yet to come.
You already know what happened next, the times when the feeling was as shattered and terrifying as the one we are experiencing now.
The difficult moments are what separate babies with poop on their butts from legends.
Everyone is very pro, everyone is very cocky, very gangster and very brave until it is time to buy the dip when at all hours they say that we are going to visit lower areas and everyone is terrified and with their balls in their throat.
We've all heard "If you come down to X area I'm going to put my house in your house" then they come down and shit their pants and don't buy.
It seems like a meme, but it is not.
There is something that will never change.
> The vast majority of people will sell out of fear.
> The vast majority of people will buy out of euphoria.
And it is certainly the fastest way to lose money in this market.
Sorry, I didn't make up the rules of the game.
The road will be long and there will be monsters and corpses along the way, just try not to make it yours.
The bull market is not over.
They just want to steal your magic internet coins so that when they spend billions on marketing, they can buy them back at an exorbitant price.
Nothing has changed.
Patience, conviction, buy the dip & chill 🏝️
3 months ago
BlackRock dethrones Grayscale to become the World's Largest Digital Asset Manager by on-chain holdings.
4 months ago
Keep an eye on $SPD solana police department just got out of moonshot onto raydium 2 hours ago dont fade this gem
6xhRfZaXHHYBtCVCyUoQwx9QePTGmd3fdBywCidx9jZi
6xhRfZaXHHYBtCVCyUoQwx9QePTGmd3fdBywCidx9jZi
4 months ago
BlackRock has overtaken Grayscale as the largest collective holder of on-chain assets through its exchange-traded funds (ETFs).
4 months ago
⛪ In Colorado, a group of churches tokenizes a chapel worth $2 .5 million.
It could be the world's first tokenized church.
A network of affiliated church groups called the Colorado House of Prayer has tokenized its main chapel in an effort to purchase the building for $2 .5 million.
Pastor Blake Bush said he was compelled by a higher power to use blockchain technology as a tool to advance the group's mission.
“I heard the Lord say, tokenize the building”
It could be the world's first tokenized church.
A network of affiliated church groups called the Colorado House of Prayer has tokenized its main chapel in an effort to purchase the building for $2 .5 million.
Pastor Blake Bush said he was compelled by a higher power to use blockchain technology as a tool to advance the group's mission.
“I heard the Lord say, tokenize the building”
4 months ago
Partnership Announcement🤝
Your number #1 source for BRAYKING $NOOZ
We’re thrilled to announce a partnership with Feyk Nooz! Their account proudly wears the gold checkmark on BullVerse reserved for our partners.
We are excited to welcome Feyk Nooz as official partners and are committed to working together to benefit the space and our communities. Stay tuned for more announcements regarding this partnership.
$NOOZ x $BULL
Follow Feyk Nooz on BullVerse: @feyknooz
Your number #1 source for BRAYKING $NOOZ
We’re thrilled to announce a partnership with Feyk Nooz! Their account proudly wears the gold checkmark on BullVerse reserved for our partners.
We are excited to welcome Feyk Nooz as official partners and are committed to working together to benefit the space and our communities. Stay tuned for more announcements regarding this partnership.
$NOOZ x $BULL
Follow Feyk Nooz on BullVerse: @feyknooz
4 months ago
🥤 Worldcoin is offering $15 worth of peach or mango drinks for every person who registers with World ID and therefore shares their iris.
Worldcoin turns to little-known energy drink Flojo to grow its user base.
“The world’s first neuroscientist-approved sparkling drink”
This is not the first foray into the crypto world for drinkflojo , which is also a Solana partner
Worldcoin turns to little-known energy drink Flojo to grow its user base.
“The world’s first neuroscientist-approved sparkling drink”
This is not the first foray into the crypto world for drinkflojo , which is also a Solana partner
4 months ago
4 months ago
In a move that could significantly reshape the Solana DeFi landscape, Renzo Protocol and Jito Network have joined forces to introduce $ezSOL , the first-ever Liquid Restaking Token (LRT) on the Solana blockchain. This groundbreaking partnership combines Renzo's expertise in liquid restaking with Jito's MEV-enhanced validator network, promising to unlock new levels of capital efficiency and yield optimization for Solana users.
JITO'S RECENT FORAY INTO RESTAKING
This development comes just weeks after Jito, a leading Solana liquid staking protocol, officially entered the restaking market. The protocol released Jito Restaking, an open-source module designed for the Solana blockchain, supporting both staking, restaking, and LRTs. This move signaled Jito's ambition to expand its offerings and capitalize on the growing interest in restaking within the Solana community.
Renzo brings a wealth of experience from successful Ethereum protocols like EigenLayer and Symbiotic, where it currently boasts a TVL of $1 .28 billion, having reached a peak of $4 billion in June.
UNDERSTANDING LIQUID RESTAKING TOKENS(LRTs)
Restaking, a concept gaining traction on Ethereum, allows users to restake their staked assets to secure additional networks and protocols, thereby earning additional rewards. LRTs take this a step further by providing users with a liquid representation of their staked assets, which can be used across various DeFi protocols while still earning staking rewards.
$ezSOL : UNLOCKING NEW POSSIBILITIES
$ezSOL , minted using JitoSOL as the underlying staked asset, leverages Jito's MEV-enhanced validator network to offer users the potential for compounded rewards from staking, restaking, and MEV extraction. This unique combination makes $ezSOL a powerful tool for maximizing yield within the Solana DeFi ecosystem.
JITO'S RECENT FORAY INTO RESTAKING
This development comes just weeks after Jito, a leading Solana liquid staking protocol, officially entered the restaking market. The protocol released Jito Restaking, an open-source module designed for the Solana blockchain, supporting both staking, restaking, and LRTs. This move signaled Jito's ambition to expand its offerings and capitalize on the growing interest in restaking within the Solana community.
Renzo brings a wealth of experience from successful Ethereum protocols like EigenLayer and Symbiotic, where it currently boasts a TVL of $1 .28 billion, having reached a peak of $4 billion in June.
UNDERSTANDING LIQUID RESTAKING TOKENS(LRTs)
Restaking, a concept gaining traction on Ethereum, allows users to restake their staked assets to secure additional networks and protocols, thereby earning additional rewards. LRTs take this a step further by providing users with a liquid representation of their staked assets, which can be used across various DeFi protocols while still earning staking rewards.
$ezSOL : UNLOCKING NEW POSSIBILITIES
$ezSOL , minted using JitoSOL as the underlying staked asset, leverages Jito's MEV-enhanced validator network to offer users the potential for compounded rewards from staking, restaking, and MEV extraction. This unique combination makes $ezSOL a powerful tool for maximizing yield within the Solana DeFi ecosystem.
4 months ago
Raydium Protocol surpasses Marinade Finanace to become the 3rd largest protocol on Solana by Total Value Locked (TVL).
4 months ago
🚨 As of June 30, Goldman Sachs held:
🔹️ 6,991,248 shares of iShares Bitcoin Trust ($239 million).
🔹️ 1,516,302 shares of Fidelity Wise Origin Bitcoin ($79.55 million).
🔹️ 940,443 shares of Invesco Galaxy Bitcoin ETF ($56.19 million).
🔹️ 660,183 shares of Grayscale Bitcoin Trust ($35.15 million).
https://x.com/wublockchain...
🔹️ 6,991,248 shares of iShares Bitcoin Trust ($239 million).
🔹️ 1,516,302 shares of Fidelity Wise Origin Bitcoin ($79.55 million).
🔹️ 940,443 shares of Invesco Galaxy Bitcoin ETF ($56.19 million).
🔹️ 660,183 shares of Grayscale Bitcoin Trust ($35.15 million).
https://x.com/wublockchain...
4 months ago
(E)
Major firms, including BlackRock, Fidelity, Grayscale, and MicroStrategy, have not sold their Bitcoin despite the market crash.
4 months ago
The summary of the news #crypto and markets
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
4 months ago
Solana’s favorite no-code token deployer has proven itself the biggest application of the cycle, consistently generating millions in revenue.
Pump.fun, a popular Solana-based token deployment application, is showing no sign of stopping. After celebrating the launch of one million tokens on the platform on June 14, 2024, pump.fun notched 1.5M launches a mere 42 days later on July 25th.
PUMP.FUN GENERATES $85M REVENUE SINCE JANUARY LAUNCH
Consistently generating over $1M in daily revenue, pump.fun has established itself as one of the most valuable crypto apps in terms of revenue generation. In just under seven months since its January 14 launch, pump.fun has generated 520,412 SOL in revenue, currently valued at over $85M
The platform’s viral growth has set an astonishing pace. After a comparatively slow start, pump.fun usage exploded in March and never looked back. On average, 12,679 tokens were launched daily on the platform in July, based on Dune Analytics data.
Off the back of its massive popularity, pump.fun recently crossed the 1.5M token deployment threshold. The no-code token creator is accelerating towards the next significant milestone at 2M launches and is expected to achieve this feat in just under 32 days, if it continues the pace set in July.
In a recent interview with threadguy, a popular crypto influencer, pump.fun co-founder alon credits the platform’s success to its accessibility. Alon argues that pump.fun is the ideal intersection between finance and social media, contending that “pump.fun is SocialFi in the most crypto-native way”.
PUMP.FUN RESPONSIBLE FOR 40.97% OF SOLANA DEX TRANSACTIONS
One doesn’t need to look far to see that pump.fun has evolved into one of the most critical applications in Solana’s DeFi ecosystem.
According to Dune Analytics data collected over the past seven days, pump.fun transactions make up approximately 40.97% of all Solana DEX transactions.
However, given that tokens launched on the platform are migrated to Raydium upon reaching a market capitalization of $69 ,000, volumes on the app remain relatively low compared to other decentralized exchanges.
Despite attracting the bulk of Solana DEX transactions, pump.fun’s DEX volume market share continues to hover around 4%, with Raydium being a significant benefactor of pump.fun’s success.
“THE WORST THING THAT EVER HAPPENED TO CRYPTO ” - Alon Responds to Criticism
For many blockchain advocates, pump.fun represents all the worst parts of the industry. Arguing that the proliferation of meme coins on Solana is drawing attention away from serious projects, and delegitimizing the industry.
In response to criticism, alon concedes that “pump.fun is the worst thing to happen for crypto for a lot of people”. However, the co-founder argues that the platform has simply “uncovered the veil” and exposed “crypto for what it really is”.
Looking ahead, alon posits that the key to continuing pump.fun’s meteoric growth is to “leaning into what we’ve already done”.
While not giving away any hints regarding upcoming features on the platform, alon indicated that the pump.fun team was committed to “improving the experience while maintaining the culture that makes it so exciting in the first place.”
Pump.fun, a popular Solana-based token deployment application, is showing no sign of stopping. After celebrating the launch of one million tokens on the platform on June 14, 2024, pump.fun notched 1.5M launches a mere 42 days later on July 25th.
PUMP.FUN GENERATES $85M REVENUE SINCE JANUARY LAUNCH
Consistently generating over $1M in daily revenue, pump.fun has established itself as one of the most valuable crypto apps in terms of revenue generation. In just under seven months since its January 14 launch, pump.fun has generated 520,412 SOL in revenue, currently valued at over $85M
The platform’s viral growth has set an astonishing pace. After a comparatively slow start, pump.fun usage exploded in March and never looked back. On average, 12,679 tokens were launched daily on the platform in July, based on Dune Analytics data.
Off the back of its massive popularity, pump.fun recently crossed the 1.5M token deployment threshold. The no-code token creator is accelerating towards the next significant milestone at 2M launches and is expected to achieve this feat in just under 32 days, if it continues the pace set in July.
In a recent interview with threadguy, a popular crypto influencer, pump.fun co-founder alon credits the platform’s success to its accessibility. Alon argues that pump.fun is the ideal intersection between finance and social media, contending that “pump.fun is SocialFi in the most crypto-native way”.
PUMP.FUN RESPONSIBLE FOR 40.97% OF SOLANA DEX TRANSACTIONS
One doesn’t need to look far to see that pump.fun has evolved into one of the most critical applications in Solana’s DeFi ecosystem.
According to Dune Analytics data collected over the past seven days, pump.fun transactions make up approximately 40.97% of all Solana DEX transactions.
However, given that tokens launched on the platform are migrated to Raydium upon reaching a market capitalization of $69 ,000, volumes on the app remain relatively low compared to other decentralized exchanges.
Despite attracting the bulk of Solana DEX transactions, pump.fun’s DEX volume market share continues to hover around 4%, with Raydium being a significant benefactor of pump.fun’s success.
“THE WORST THING THAT EVER HAPPENED TO CRYPTO ” - Alon Responds to Criticism
For many blockchain advocates, pump.fun represents all the worst parts of the industry. Arguing that the proliferation of meme coins on Solana is drawing attention away from serious projects, and delegitimizing the industry.
In response to criticism, alon concedes that “pump.fun is the worst thing to happen for crypto for a lot of people”. However, the co-founder argues that the platform has simply “uncovered the veil” and exposed “crypto for what it really is”.
Looking ahead, alon posits that the key to continuing pump.fun’s meteoric growth is to “leaning into what we’ve already done”.
While not giving away any hints regarding upcoming features on the platform, alon indicated that the pump.fun team was committed to “improving the experience while maintaining the culture that makes it so exciting in the first place.”
4 months ago
Daily Memecoin Recap - July 31
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
New month starts today, lock in as the market starts to heat up!
The World's Most Popular Plastic Chair
$chair -> hit $16 .5m, good liquidity to mc ratio, literally just a chair
Makenowmeme launch
$iq -> hit $11m , popular bell curve meme, first coin launched on makenowmeme
$cto -> hit $8m , launched by RaydiumProtocol
using makenowmeme
- This platform lets anyone create a memecoin just by tweeting something on X
Solana Drops A Promo Vid
$pfi -> hit $7 .5m, in the video, they say they're going to drop a token (satire) called PredatorFi, solana
$bol -> hit $2 .6m, whales involved
Multi-Million Dollar Runners
$gay -> hit $9 .9m, "The Gayest Token on Solana"
$bowo -> hit $6m , "book of wojak"
$baller -> hit $4 .6m
$halo -> hit $2m , cat meme, $holly relaunch with the cat's real name
$win -> hit $1 .7m
Fwog Holding Nicely
$fwog -> $12 .2m to $31 .4m (2.57x), CTO after dev rugged the initial coin, community relaunch by the artist
Influencer Backed Community Token
$trans -> hit $300k , "Trans Gorlock the Final Boss", token based on a viral influencer, team was allegedly in contact with her
Dog Meta
$ken -> $144k to $1 .2m (8.3x), ken chan is another dog from the kabosu dog family, he's their first dog
$ken -> hit $1 .3m, fresh launch
$bill -> hit $860k
$sob -> hit $390k , CTO, "Son Of A Bulldog"
$ken -> hit $260k , OG one, over 2 months old
Cat Memes
$onigiri -> hit $2 .2m, sister of $doge & $ginnan
$ufo -> hit $250k , ufo cat
Zoomer Meta
$skill -> $400k to $1 .58m (3.95x), "skill issue", CTO
$iq -> hit $11m , popular bell curve meme
$pookie -> hit $5m
$zesty -> hit $4m , "feeling cute", old coin that was dead, pushed by some of ansem's friends & other KOLs
$cbtm -> hit $1m , "could be the move"
$ttyl -> hit $300k , "talk to you later"
More Cooks
$pookie -> hit $870k , "Pookie: The Plastic Penguin", decent team
$gwilla -> hit $480k , gorilla meme
$n64 -> hit $300k , "cat poop joystick", nintendo 64
$dikec -> hit $290k , based on viral turkish man in the olympics, "cool turkish hitman"
$sol decreased today, but there was still plenty of volume for memes
What's your gameplan for tomorrow?
4 months ago
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
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
5 months ago
Daily Memecoin Recap - July 21
Great volume today as $sol reaches $185
Plenty of metas emerged
Elon Musk Changes His Profile Pic
$dmaga -> hit $76m , "Dark MAGA", Elon's new pfp was made by the people behind this coin, plenty of whales involved
$darkelon -> hit $3 .6m, @elonmusk 's new pfp has a dark filter
$laser -> hit $3 .3m, "Laser Eyes"
- Elon's new pfp is him with a dark filter and laser eyes
- $dmaga drained a lot of liquidity from the market
Betas Emerge from Dark MAGA
$lmaga -> hit $330k , "Light MAGA"
$dpepe -> hit $313k , "Dark Pepe"
Joe Biden Withdraws From Presidential Election
$boden -> $17 .8m to $5 .48m (-69%), down 99%+ from All Time High, redacted JoeBiden
$joever -> $520k to $2 .88m (5.53x), "It's Joever"
$byeden -> hit $1 .4m
Kamala Harris Coins
$kama -> $10 .15m to $30 .5m (3x), redacted KamalaHarris
$kto -> hit $1 .8m, "Kamala Take Over", Kamala + CTO wordplay
$cumala -> hit $1 .2m, "Cumala Whoris"
$KaBooty -> hit $349k
Mini Breaks ATH
$mini -> $1 .9m to $32 .8m (17.3x from the low)
$bigi -> $6k to $1 .69m (281x), mini derivative, was a dead coin that got CTO'd & onboarded some KOLs
Zoomer Memes
$trench -> $115k to $1 .15m (10x), "The Trenches"
$chance -> hit $320k , "Take A Chance", popular sentence on twitter
Popcat Is The First Cat Meme To hit $1b MC
$popcat -> hit 1.02b
Cat Memes
$ily -> $52k to $3 .5m (67x), CTO, cute cat
$mew -> $293m to $684m (2.33x), finally broke a recent high
$baba -> hit $858k , small cat
$mavis -> hit $410k , tiktok cat
$jamie -> hit $360k
$beami -> hit $310k
Dog Memes
$billy -> $93m to $224m (2.4x), continues to make new ATH's
$popdog -> $1m to $6 .3m (6.3x), $popcat derivative
$ray -> hit $2 .1m, CTO
$boo -> hit $1 .4m, hyped launch
More Cooks
$mother -> $27 .7m to $90 .2m (3.25x), IGGYAZALEA
still putting in work
$bear -> $7 .2m to $23 .6m (3.27x), new ATH
$autism -> $4 .14m to $7 .38m (1.78x)
$ethereum -> hit $3 .5m, "Ethereum On Solana"
$alpha -> hit $950k , CTO, pushed by KOLs on twitter
$down -> hit $455k
$hawkptah -> hit $446k , based on elonmusk's tweet
$nuts -> hit $430k
$larry -> hit $286k , Based on Larry Fink (CEO of BlackRock)
This week is looking like it's going to be VERY good
If majors continue to pump, there's going to be more quality launches
If you weren't locked in before, now's your chance 🔒
Great volume today as $sol reaches $185
Plenty of metas emerged
Elon Musk Changes His Profile Pic
$dmaga -> hit $76m , "Dark MAGA", Elon's new pfp was made by the people behind this coin, plenty of whales involved
$darkelon -> hit $3 .6m, @elonmusk 's new pfp has a dark filter
$laser -> hit $3 .3m, "Laser Eyes"
- Elon's new pfp is him with a dark filter and laser eyes
- $dmaga drained a lot of liquidity from the market
Betas Emerge from Dark MAGA
$lmaga -> hit $330k , "Light MAGA"
$dpepe -> hit $313k , "Dark Pepe"
Joe Biden Withdraws From Presidential Election
$boden -> $17 .8m to $5 .48m (-69%), down 99%+ from All Time High, redacted JoeBiden
$joever -> $520k to $2 .88m (5.53x), "It's Joever"
$byeden -> hit $1 .4m
Kamala Harris Coins
$kama -> $10 .15m to $30 .5m (3x), redacted KamalaHarris
$kto -> hit $1 .8m, "Kamala Take Over", Kamala + CTO wordplay
$cumala -> hit $1 .2m, "Cumala Whoris"
$KaBooty -> hit $349k
Mini Breaks ATH
$mini -> $1 .9m to $32 .8m (17.3x from the low)
$bigi -> $6k to $1 .69m (281x), mini derivative, was a dead coin that got CTO'd & onboarded some KOLs
Zoomer Memes
$trench -> $115k to $1 .15m (10x), "The Trenches"
$chance -> hit $320k , "Take A Chance", popular sentence on twitter
Popcat Is The First Cat Meme To hit $1b MC
$popcat -> hit 1.02b
Cat Memes
$ily -> $52k to $3 .5m (67x), CTO, cute cat
$mew -> $293m to $684m (2.33x), finally broke a recent high
$baba -> hit $858k , small cat
$mavis -> hit $410k , tiktok cat
$jamie -> hit $360k
$beami -> hit $310k
Dog Memes
$billy -> $93m to $224m (2.4x), continues to make new ATH's
$popdog -> $1m to $6 .3m (6.3x), $popcat derivative
$ray -> hit $2 .1m, CTO
$boo -> hit $1 .4m, hyped launch
More Cooks
$mother -> $27 .7m to $90 .2m (3.25x), IGGYAZALEA
still putting in work
$bear -> $7 .2m to $23 .6m (3.27x), new ATH
$autism -> $4 .14m to $7 .38m (1.78x)
$ethereum -> hit $3 .5m, "Ethereum On Solana"
$alpha -> hit $950k , CTO, pushed by KOLs on twitter
$down -> hit $455k
$hawkptah -> hit $446k , based on elonmusk's tweet
$nuts -> hit $430k
$larry -> hit $286k , Based on Larry Fink (CEO of BlackRock)
This week is looking like it's going to be VERY good
If majors continue to pump, there's going to be more quality launches
If you weren't locked in before, now's your chance 🔒
5 months ago
5 months ago
Daily Memecoin Recap - July 13
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? 👀
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? 👀
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15 days ago