Daily Memecoin Recap - November 3

All eyes on Elon, decent vol this Sunday

Elon's Pets
$shrub -> hit $30m , elonmusk's pet hedgehog
$eric -> hit $2 .1m, Elon's pet fish
$marvin -> hit $894k , Elon's dog
- He mentioned his pets in multiple tweets

Justice For Peanut
$pnut -> $3m to $134m (45x)
$fred -> $60k to $21m (350x), euthanized with Peanut
$opk -> hit $7 .8m, Obi Pnut Kenobi, Star Wars + Peanut, based on an elon musk tweet, multiple coins came out
$peanut -> hit $5 .1m, claims to be a fair and community launch
$GOPnut -> hit $2 .5m, Peanut for the GOP official mascot
$wally -> hit $1 .2m, Peanut's Brother
$karen -> hit $975k , peanut killer
$plf -> hit $580k , peanut liberty foundation, based on elon's tweet

Killed Animals
$kamala -> hit $5m , elephant
$cedar -> hit $5m , stolen pet goat
$albert -> hit $1 .4m, alligator
$legacy -> hit $915k , combination of killed animals, HarambePnutDogeFredHeaven420inu
$phil -> hit $860k , water buffalo escaped
#grizzly399 -> hit $360k , grizzly bear
- After Peanut's sad passing, degens are finding similar cases

Pump Fun Stuffed Animal
$cupsey -> hit $7m
$rupsey -> hit $530k , red version of $cupsey
- orangie posted a pumpdotfun stuffed animal
- Pump fun founder a1lon9 interacted
- orangie said its name is Cupsey, named after Cupseyy

Election Meta
$harris -> $365k to $4 .1m (11.2x), KamalaHarris
$rigged -> hit $3 .65m, gently used voting machine
$rocky -> hit $1 .4m, first dog candidate
$brent -> hit $670k
$erect -> hit $200k , Erection 2024

Old Elon Memes
$shrub -> $35k to $11m (314x), old meme on $ETH
$shrub -> $10k to $4 .1m (410x), old meme on $SOL

Iranian Feminist
$girl -> hit $1 .8m, viral Persian feminist
$ahoo -> hit $910k , Ahoo Daryaei
$ahou -> hit $430k

Grass Keeps Pushing
$grass -> $153m to $469m (3x)
- After initial fud on launch, it keeps pushing

More Cooks
#zerebro -> $5m to $25m (5x), AI
$suwi -> hit $14 .5m, solana's happy coin
$monkey -> hit $3 .8m
#griffain -> hit $2 .9m
#goatsenet -> hit $2 .7m
#dekopon -> hit $1 .9m, baby rhino
$beppo -> hit $1 .4m, chimp in space
$ks -> hit $1 .3m, kittyspin
$angy -> hit $1 .1m, cat
$mimi -> hit $1m , cat meme

Lock in for the new week tomorrow.

What are your goals?

Daily Memecoin Recap - October 27

Majors are pumping. Looks like this week's going to be good 👀

A16z Dao
#degenai -> hit $2 .5m to $37 .8m (15.1x), bot that analyzes top memes and apes for the dao
#ai16z -> hit $97 .5m, pmarca's fund
#pmairca -> hit $4 .3m, based on pmarca, 5% given to the Ai16z fund
$yes -> hit $3 .8m, A16z Dao community coin, 9% given to Ai16z wallet, good CT meme
$eliza -> hit $1 .1m, ai16z's mascot

NFT Artists Launching
$eye -> hit $21m , launched by Jesperish, well respected in the NFT community
$sad -> hit $3 .5m, launched by SkiluxDesigns

Artificial Intelligence
$tate -> $13 .7m to $29m , Tate Terminal pushing for ATH, cobratate
$kira -> hit $14 .2m, powered by a decentralized AI network
$avb -> hit $4 .9m, Autonomous Agents
$mcb -> hit $4 .9m
$zoa -> hit $4 .1m
$pumpai -> hit 3.4m, claims to be an AI web agent that trades memes
$kraken -> hit $820k

USA Election
$usa -> $20m to $40m (2x)
$47 -> $1 .4m to $5m (32.1x),realDonaldTrump 47th president

More Cooks
$ban -> $33m to $67m (2x)
$sigma -> $31 .5m to $66m (2.1x)
$sma -> $130k to $5 .8m (44.6x), speculation around iruletheworldmo who ran #gpt2
$wiz -> $972k to $3m (3.1x), wizard dog
$retire -> $50k to $1 .1m (22x), "the last play before I retire"
$henlo -> hit $2 .85m
#othebys -> hit $1 .8m
#popgoat -> hit $1 .7m, $popcat + $goat
$pape -> hit $1 .5m, $ape + $pepe
#redcircle -> hit $1 .4m
$myst -> hit $1 .1m, $64k + in LP Rewards
$toad -> hit $940k
#terminal -> hit $800k , religion for truth_terminal
#NuCouché -> hit $773k
#pumpland -> hit $672k , PumpFun Land in Roblox
$sai -> hit $489k
$flip -> hit $442k
$no -> hit $270k , $yes beta

We need someone to create something so unique that it jumpstarts a new meta

Any ideas what the next meta will be?

🚨 Canary Capital files with SEC for Litecoin ETF.

Canary Capital said it believes Litecoin presents a unique and compelling opportunity for investors seeking exposure to the cryptocurrency.

This reflects continued interest in crypto-backed ETFs.

“As one of the oldest blockchains with 100% uptime since its inception, Litecoin has demonstrated a proven track record of security and reliability with significant enterprise-grade use cases.”

🎖️ Justin Sun is elected Prime Minister of the unrecognized micronation of Liberland.

Liberland is a micronation located between Croatia and Serbia, and holds 99% of its reserves in Bitcoin.

The Tron founder said he would promote the idea of ​​small government as a model for the world.

Liberland, a micronation that holds 99% of its reserves in Bitcoin, has elected Tron founder Justin Sun as its new prime minister.

"Just as Vatican City represents a central spiritual authority for Catholics, Liberland will be the heart of the libertarian movement."

🇺🇸 The rate of cryptocurrency ownership in the United States has increased since 2021.

The rate increases from 15% in 2021 to 40% in 2024.

According to a recent survey, “Less than half of respondents were aware of cryptocurrency in 2021.”

"Today, more than 80% said they were familiar."

🗞️ Cointelegraph

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

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

“I’ll be the first prosecutor to seize a Bugatti!” I know you said this, it’s a small town.

This was one of your greatest motivations to go after me wasn’t it guys?

Well you didn’t get it did you?

No… and you never will.

I will beat your case, it is you who belong in jail.

🇺🇸 A division of the U.S. Department of Homeland Security focused on cybercrime said it has prevented more than 500 ransomware attacks and seized billions of dollars in cryptocurrency since 2021.

Homeland Security Investigations investigates cybercrime and transnational illicit activities and notifies government agencies, businesses, and other potential victims that an extortion event is imminent.

HSI is said to have prevented 150 ransomware plots between October 2023 and September 30, 2024.
537 intrusions have reportedly been disrupted since its creation in 2021.

HSI has reportedly seized $4 .3 billion in cryptocurrency seizures since 2021, including $180 million last year.

Assets are recovered mainly through crypto exchanges, when hackers are arrested.

"There are definitely groups that we have our eyes on. There are gangs that are active outside of the United States that are continually looking for ways to obtain cryptocurrencies."

Please what am I going to do that place said welcome to level 2

💬 CleanSpark CEO Zach Bradford expects bitcoin to hit $200 ,000 this cycle.

“Based on my current analysis, I believe we could see bitcoin peak just below $200 ,000, within the next 18 months.”

Bradford also said in an interview with Bernstein that #Bitcoin miners are currently undervalued compared to their rivals who are diversifying into AI.

“I think we will start to see a significant surge in bitcoin prices after the election through January.”

🚨 Vitalik Buterin proposes metrics to measure Ethereum's "alignment".

Ethereum-based projects should have metrics to aim for, he said, to ensure they are collectively building “something that feels like a single Ethereum ecosystem.”

🇰🇷 Bithumb, one of South Korea's leading exchanges, is exploring the possibility of an IPO on the US Nasdaq.

The company said the target would be the end of 2025 and would hire Samsung Securities to lead the IPO.

🤜🤛 Benoit Saint Denis' opponent of the day at UFC Paris 2024, Renato Moicano, is a fervent supporter of Bitcoin.

“Bitcoin is not just an investment, it’s a way of life.”
says the UFC fighter.

He sees #Bitcoin as a defense against "government tyranny" and inflation.

“However, before buying bitcoin, you should analyze your options and not jump into cryptocurrency just because I said so,” Moicano smartly reminds.

After his victory at UFC 300, Moicano publicly requested that his compensation be paid in BTC.

⚙️ Bitcoin mining company Hut 8 has announced the launch of its GPU-as-a-Service business.

In collaboration with Hewlett Packard Enterprise, Hut8 is building a cluster of 1,000 NVIDIA H100 GPUs in a Tier 3 data center in Chicago.

Hut 8 said the new service, launched by its subsidiary, Highrise AI, has started generating revenue as the first GPU cluster for an unnamed AI cloud developer goes fully online.

🇰🇷 South Korea's financial regulator wants to implement life sentences as punishment for crypto scams where the perpetrator causes victims to lose more than $4 million.

Lawmakers said the bill was partly inspired by the actions of South Korean founder Do Kwon, and later the demise of the FTX exchange.

$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.

❌ Vulnerability in automatic email replies allows hackers to mine cryptocurrency using your computer.

Researchers at Facct report that hackers are exploiting email auto-replies to spread crypto-mining malware, hijacking the systems of unsuspecting users to mine cryptocurrency without their knowledge.

Using this tactic, attackers seek to install the XMRig miner on victims' devices.

The security firm said it has so far identified more than 150 emails containing XMRig since late May.

🇩🇪 German MP Joana Cotar said she would distribute Bitcoin books to her colleagues in parliament.

"We will be happy to distribute the remaining copies here in the Bundestag."

VP Kamala Harris, in her first comments on crypto as the Dem nominee, said, "We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors" at a Wall St. fundraiser in NYC.

Jupiter, a leading decentralized exchange (DEX) on Solana, made a series of major announcements today at Solana Breakpoint 2024, the Solana ecosystem's largest annual conference. These updates include the acquisition of SolanaFM, the second-largest explorer on Solana, and Coinhall, the leading aggregator across Cosmos.

Co-founder Siong delivered a keynote address outlining the ambitious roadmap ahead for Jupiter.

METROPOLIS API PLATFORM
Building on the foundation of Jupiter's existing APIs (Swap, Tokens, and Price APIs), the Metropolis API Platform makes it easier for developers to integrate with all of Solana's liquidity and build sustainable businesses. Anyone with an internet connection can leverage these APIs to streamline development and create innovative applications on Solana.

JUPITER RFQ
Deepening liquidity on Solana by connecting market makers directly to Jupiter's routing engine. This innovative feature allows market makers who primarily use exchanges like Binance to easily provide liquidity on Solana, ensuring that Jupiter consistently offers the best prices.

JUPITER PERPS V2
Redefining perpetual contracts on Solana with enhanced features, competitive fees, and unparalleled reliability.

Perps V2 is a significant upgrade from its predecessor, offering a richer feature set, competitive fees, and unmatched reliability. This new version introduces limit orders, a revamped Doves oracle for enhanced pricing accuracy, and gasless transactions, ensuring a seamless and cost-effective trading experience.

With Perps V2, traders can benefit from the convenience of limit orders, the reliability of the Dove oracle, and the efficiency of gasless transactions, all backed by $600 million in JLP liquidity. This combination makes Solana the most compelling platform for perpetual contracts.

JUPITER MOBILE
Jupiter Mobile is poised to revolutionize how people interact with Solana by offering a frictionless and intuitive user experience. It simplifies the onboarding process, making Solana accessible to everyone regardless of their technical expertise. Users can easily connect their existing wallets or use popular payment methods like Apple Pay, Google Pay, or credit cards. Additionally, Jupiter Mobile eliminates the need for complex seed phrases, making it easy for new users to get started.

The platform also offers zero platform fees, ensuring that users can enjoy cost-effective transactions without worrying about hidden charges. With its 1-tap swap feature, users can effortlessly swap tokens with just a single click, streamlining the trading process.

APE PRO: TAKING ON Pump.fun
Jupiter is now making moves to capture the meme coin market by taking on the popular Pump.fun, a no-code meme coin creation platform.

Ape Pro stands out from its competitors, such as Pump.fun, by offering lower trading fees, a seamless mobile experience, faster transactions with Google login, and a robust token creation process. With a competitive 0.5% trading fee, Ape Pro provides a cost-effective solution for traders. Its mobile optimization ensures a smooth and efficient experience on the go, while Google login simplifies the onboarding process, eliminating the need for complex seed phrases. Additionally, Ape Mint, a feature within Ape Pro, allows users to easily mint new tokens, lock liquidity for project credibility, and earn perpetual swap fees, creating a sustainable revenue stream and combatting the current PVP model in the meme coin ecosystem.

Jupiter emphasized the company's dedication to making Solana even more awesome. "Solana is already the best. And we're here to make using Solana even more awesome," he said. "Today's updates signal our strong commitment to building the platform, team, and community needed to drive it forward."

👌 How does the SEC treat airdrops?

Leading Republican lawmakers have said they want clear answers on how the U.S. Securities and Exchange Commission (SEC) treats token drops in the cryptocurrency industry.

✍️ “By prohibiting Americans from participating in cryptocurrency giveaways, the SEC is preventing cryptocurrency users from taking full advantage of blockchain technology,” Emmer and McGenry wrote.

Bernstein, a private wealth management fund managing $725B , predicts Bitcoin could hit $80 -90K if Trump wins in 2024. If Harris wins, BTC may drop to $30 -40K, they said in a note to their clients.

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 🏝️

💀 96% of NFTs would now be considered “dead”

This is what emerges from the NFT Evening report.

43% of NFT owners are currently unprofitable.

The average lifespan of NFTs is said to be only 1.14 years.

https://nftevening.com/are.../

🚨 Mark Karpeles, former CEO of MtGox launches a new exchange: EllipX.

The goal is "transparency" and user-friendliness.

It will be launched this month in Europe.
It is currently said to be working towards MiCA compliance.

Until October or November, #Bitcoin will not move from the range it is in. I already told you in June that the summer was going to be very quiet, the whales and market makers still have to return from vacation and do not feel like working.

Still, trading in the current market situation seems like a great opportunity to me: I will trade LONG (Futures) and BUY (spot) if we fall below $55K .

Looking ahead, buying at these prices seems like a bargain to me. Last time I said this, #btc was at $15K , in 2022. The rest was history.

WHAT'S NEXT FOR SOLANA’S STRUGGLING RWA SECTOR?

Once touted as one of this cycle’s biggest sectors, RWA has underperformed in recent months. What lies ahead for Solana’s RWA projects?

Despite dominating other Layer 1’s in DePIN adoption and a growing number of DeFi metrics, Solana’s RWA (Real World Assets) ecosystem struggles to keep pace. Promising to bring tangible assets, like real estate, stocks, and precious metals onchain, RWAs are one of crypto’s most popular sectors in 2024.

Compared to rival networks, Solana faces a shortage of native RWA protocols, relying on multi-chain protocols to provide the bulk of onchain TVL (Total Value Locked).

WHAT CAN NETWORK PARTICIPANTS EXPECT FROM SOLANA RWA IN THE REMAINDER OF 2024?

In recent months, uncertainty has plagued market dynamics across the crypto industry. Geo-political tensions and TradFi disruptions have been major sources of volatility in the market. However, while DePIN has weathered turbulent conditions, RWA has struggled to solidify its market position.

According to Artemis data, the RWA has been crypto’s worst-performing sector over the past month. With the weighted average of token FDVs (Fully Diluted Valuation) in the sector down over 28%, RWA has fared even worse than other beleaguered niches, such as memecoins and AI.

RWA’s poor performance in recent months defies market expectations. Prior to the approval of spot Ethereum ETFs in the U.S., traders were optimistic that ETH’s debut in traditional markets would be a boon for RWA projects across the market.

Since then, RWA tokens throughout the industry have struggled, suggesting that the ETH ETF approval may have been a ‘sell-the-news’ event.

That being said, it should also be noted that the RWA sector has vastly outperformed the market over a longer timeframe. Over the last year, the weighted average of RWA token FDVs has increased by 1,280%, an 883% increase over the average performance of all sectors.What’s Next for Solana’s Struggling RWA Sector?

Once touted as one of this cycle’s biggest sectors, RWA has underperformed in recent months. What lies ahead for Solana’s RWA projects?

Despite dominating other Layer 1’s in DePIN adoption and a growing number of DeFi metrics, Solana’s RWA (Real World Assets) ecosystem struggles to keep pace. Promising to bring tangible assets, like real estate, stocks, and precious metals onchain, RWAs are one of crypto’s most popular sectors in 2024.

Compared to rival networks, Solana faces a shortage of native RWA protocols, relying on multi-chain protocols to provide the bulk of onchain TVL (Total Value Locked).

What can network participants expect from Solana RWA in the remainder of 2024?

RWA Sector Underperforms Amidst Market Turbulence

In recent months, uncertainty has plagued market dynamics across the crypto industry. Geo-political tensions and TradFi disruptions have been major sources of volatility in the market. However, while DePIN has weathered turbulent conditions, RWA has struggled to solidify its market position.

According to Artemis data, the RWA has been crypto’s worst-performing sector over the past month. With the weighted average of token FDVs (Fully Diluted Valuation) in the sector down over 28%, RWA has fared even worse than other beleaguered niches, such as memecoins and AI.

RWA’s poor performance in recent months defies market expectations. Prior to the approval of spot Ethereum ETFs in the U.S., traders were optimistic that ETH’s debut in traditional markets would be a boon for RWA projects across the market.

Since then, RWA tokens throughout the industry have struggled, suggesting that the ETH ETF approval may have been a ‘sell-the-news’ event.

That being said, it should also be noted that the RWA sector has vastly outperformed the market over a longer timeframe. Over the last year, the weighted average of RWA token FDVs has increased by 1,280%, an 883% increase over the average performance of all secto

TON network experienced a heavy load on the back of DOGS listing

TON developers reported a significant load on the blockchain amid the listing of the DOGS token on CEX. The number of requests reached 150,000 per minute.

In addition, some functions in Telegram Wallet are not working. Also due to excessive user activity, crypto exchanges Bybit, Binance and OKX are experiencing problems.

Meanwhile, French President Emmanuel Macron said that Pavel Durov was detained as part of a judicial investigation and the arrest has no political motives.

How many dollars on DOGS did you get?🐶

🚨 BREAKING: Most FED members SAID it would probably be appropriate to EASE monetary policy at the next meeting if the data comes IN LINE with expectations ‼️👀

🇧🇷 E-commerce giant Mercado Libre is launching a stablecoin pegged to the US dollar in Brazil.

The company said users will be able to buy and sell the Meli Dollar stablecoin using Brazilian reais without incurring any fees.

The product "aims to provide a convenient and stable option for financial management."