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

🇮🇳 India reviews registrations of foreign crypto exchanges.

India's Financial Intelligence Unit is reviewing the registration applications of four foreign crypto exchanges that were previously banned for failing to comply with the country's anti-money laundering laws

https://cointelegraph.com/...

The crypto market jumps as the US unemployment rate hits 4.2% as expected compared to 4.3% previously easing recession fears. Investors are bracing for September rate cuts, and optimism grows over the market’s near-term outlook.

BullVerse Update

BullPad
There have been numerous inquiries regarding BullPad, and we would like to address them. After careful consideration, the team has decided that launching BullPad at this time would not be beneficial. The market sentiment remains highly bearish, trading volumes across financial markets are low, and overall uncertainty persists. Furthermore, Pump.fun’s volume has decreased by 95% from its all-time high. All signs indicate that this is not the ideal time to release a launchpad. However, we remain fully committed to launching it when market conditions are more favorable.

BullPay
BullPay is currently in beta (available at bullpay.fun). As well-needed solution in the space, it is connected to a lot of upcoming features inisde the platform. BullPay will serve not only as a marketplace but also as a crypto payment gateway, like Stripe or PayPal for crypto transactions. We developed an API kit allowing our partners to get paid from their website or mobile app.

Activity Rewards & User Experience
We are still working on developing a sustainable, more gamified and automated solution for activity rewards. Once this is finalized, we will announce it, and automated payouts will resume.

The BullVerse Ecosystem
It’s important to note that BullVerse is a long-term project. We are continually enhancing user, partner, and community engagement. As with any major project, development will unfold progressively rather than all at once.

Communication
The team is working tirelessly behind the scenes to improve the BullVerse ecosystem daily. Many individuals are involved, and significant resources have been invested in this project. Our commitment is unwavering, and we continue to expand our network by forming strategic partnerships, which are crucial for long-term growth. The vision is clear and we are enjoying the journey.

Teasers
Our primary focus has been on laying a strong foundation by creating a stable platform that incorporates both incentives and crypto utilities. Our main goal is to deliver a clear and practical use case that attracts the visibility BullVerse deserves. As a utility project, we view this as a key driver of our success: BullVerse should not just be about content, but also a hub where crypto enthusiasts can speculate, win, lose, be rewarded, and find their community. Something exciting is coming very soon..

Bullish times are ahead,
The BullVerse Team

Mercuryo, a Web3 payments provider, has announced the rollout of Spend, a virtual debit card promising to streamline crypto payments.

Complete with Apple Pay and Google Pay compatibility, Spend facilitates payments directly from Solana wallets to over 90M Mastercard merchants across the globe.

WHAT IS SPEND??
Mercuryo’s Spend allows wallet apps to integrate virtual Mastercard debit cards directly into their applications. Through the Spend Card, Mercury promises to enable the crypto community to use their crypto assets to “spend on anything. Anytime. Anywhere.”

Spend aims to provide a fast and cost-effective method for crypto users to convert and spend their digital assets from their wallets. Beyond the simplicity of Mastercard, Apple Pay, and Google Pay integration, Spend also offers card customization, meaning wallet providers can incorporate their logos into virtual cards.

Spend is fully self-custodial, meaning users have full control over any assets deposited into the card account. Additionally, the platform offers multi-chain support, including Solana, Ethereum, and PolkaDot.

As part of the announcement, Mercuryo teased that several leading Web3 wallets will be adding Spend in the near future. SolanaFloor engaged Mercuryo for comment on the matter but is yet to receive a response.

Why Web3 Needs Better Off-Ramps
Since the birth of the industry, crypto companies have focused tirelessly on streamlining the flow of funds into decentralized economies. According to Mercuryo, “on-ramping is now a user-friendly process, and users can purchase crypto with ease.”

While onboarding has become easier with exchanges and third-party apps readily available, bringing funds back into the real world still poses significant barriers. Mercuryo argues that the biggest struggles facing crypto off-ramping are:

1. Poor UX of existing solutions - Users need to jump through a variety of hoops to withdraw funds. Many platforms are only available in certain regions and popular offboarding platforms offer limited support outside of mainstream cryptos.

2. Bank restrictions - Traditional banks often block payments from crypto-related companies and freeze accounts suspected of interacting with cryptocurrency.

3. Extortionate fees - Third-party apps and intermediaries can charge high fees on crypto-to-fiat withdrawals, discouraging users from transferring funds.

Slow processing times - After becoming accustomed to rapid, permissionless transfers onchain, crypto-to-fiat withdrawals can feel slow and cumbersome.

While the industry loves to discuss and promote progress and efforts toward crypto onboarding, finding seamless methods of getting funds off-chain is equally important.

Mercuryo’s commitment to simplified crypto off-ramps helps to legitimize digital currencies as meaningful financial tools. Through the Spend card, millions of crypto users may be able to enjoy improved access to their funds in real-world contexts, solidifying the role of cryptocurrency in the Web2 world

Daily Memecoin Recap - September 3

Opportunities are everywhere

Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art

First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"

Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours

Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"

Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla

Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls

Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme

Focus on preserving capital in such market conditions

Today, many people do not invest in #Bitcoin because they believe it is supposedly too expensive.

👉 It's a bit like in 2017, when some people were saying: "The #btc is too expensive" when it was at $5 ,000.

But today, with $5 ,000, you only get 0.09 #btc . That is 11 times less than 7 years ago.

👉 Certainly, 1 #btc is now inaccessible for many. However, imagine in 2040, when 0.09 #btc will also be inaccessible.

🔷 In 2040, these same people will say: "If only I had bought 0.09 $BTC in 2024."

🔶 While in 2024, they were saying: "BTC is not worth it, it is already too expensive."

👉 Obviously, you are not going to make a x10 in a year, unlike some #altcoins . However, #Bitcoin is made to be kept.

This is why I tweeted a few days ago, saying that not having a single dollar of #btc in your wallet is a big mistake.

Some people did not understand this post, saying:

“It’s too expensive, we won’t make big multiples unlike altcoins, etc.”

However, at no point did I say that you had to be 100% on #Bitcoin , but simply have a little in your wallet.

Thank me in 15 years. 🚀

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Malaysia disposes of 985 bitcoin mining rigs

Malaysian authorities disposed of 985 bitcoin mining rigs worth $427 ,000 by rolling on them.

The equipment was disposed of as part of a court order. The equipment had previously been confiscated by police during an investigation into illegal mining.

According to local media, only the casings of the machines were crushed by the roller as a symbolic gesture.

Attention to the question: where will the insides of the bitcoin mining rigs go?😏

🇺🇸 The SECGov has discussed with potential issuers of Solana-related ETFs its concerns about the potential status of the $SOL as a security.

Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares

Daily Memecoin Recap - August 17

Some unique metas emerged today

Reddit Dog
$snoofi -> hit $4 .7m, Reddit's logo as a dog, $r /snoofi
$scooti -> hit $318k , cat beta to $snoofi , r/scooti
$limmy -> hit $270k , another cat beta, r/limmy
- Someone made a coin and the socials link to a subreddit r/snoofi
- No tg/twitter compared to most coins
- This is super unique & different compared to what we've previously seen

Dog In A Bag
$dbag -> hit $1 .4m
- uses X communities to communicate in the form of posts (no telegram)

Runners Of The Day
$demure -> $315k to $4 .75m (15x from the low), "very demure", based on an extremely viral meme, gen z meta, "very cutesy, very mindful"
$zoloft -> hit $4m , "trade better, last longer", good meme, a pill that makes you trade better
$hs -> hit $3 .5m, "holy smokes", CTO, good team w/ KOLs onboard

Animal Memes
$xp -> hit $1m , CTO, viral Chinese dog XiaoPang, this coin is 2 months+ old
$grumpy -> hit $550k , viral cat meme
$ddcc -> hit $260k , "Donkey Dog Cat Chicken"

More Cooks
$oof -> hit $500k , CTO
$f -> hit $730k
$mud -> hit $400k , livestream on pumpfun
$ributt -> hit $360k

Overall one of the best days this week

Markets are still downwards raging, participants are waiting for a clear direction

🚨 Highlight of the interview between Elon Musk and Trump:

👉 The interview began with Elon Musk discussing a massive DDoS attack that severely disrupted and delayed the live broadcast, originally scheduled for 8 p.m. Musk said the incident clearly revealed the strong opposition to President Donald Trump's speech:

🔹 "This massive attack shows that there is a lot of opposition to people simply hearing what President Donald Trump has to say."

🔹 Elon Musk then found it fascinating that Thomas Crooks chose the most obvious location for an assassination attempt, although no one anticipated it.

🔹 “If the goal is to assassinate, what would be your favorite place? This building. This building would be number one,” Elon Musk remarked. Donald Trump agreed: “That would have been the most appropriate place.”

👉 Elon Musk then expressed his admiration for Trump's reaction to an assassination attempt. He praised the president's determination not to be defeated by this dramatic event, but to continue to fight with a firm will and a spirit of defiance.

🔹 “Your actions following this assassination attempt have been truly inspiring,” said Elon Musk.

👉 The conversation then turned to politics, with Donald Trump voicing scathing criticism of Vice President Kamala Harris for what he called blatant hypocrisy.

🔹 Donald Trump accused Harris of plagiarizing one of his proposals, that of abolishing taxes on tips, while at the same time supporting increased IRS surveillance of citizens' tips. He denounced this inconsistency by declaring: "These people are FAKES", highlighting the contrast between past actions and current positions.

🔹 Donald Trump recalled that the previous administration had hired 88,000 new IRS agents to closely monitor tips received by waitresses and carts. According to him, this policy was mainly aimed at increasing surveillance and imposing additional burdens on workers in these sectors.

🔹 However, Donald Trump pointed out that Harris had recently adopted his proposal to eliminate tip taxes, which he said illustrated political opportunism. He accused Harris of changing her position in response to political pressure, saying that the move was designed to improve her image and gain political advantage, while remaining at odds with the policies she previously supported.

👉 Elon Musk then expressed grave concern about the future of the United States if current border policies continue.

🔹 "I'm not sure we'll have a country anymore if open borders continue for four years," he warned.

🔹 Donald Trump added that if Kamala Harris were elected, it could lead to the arrival of 50 to 60 million people from various countries around the world.

🔹 “Inflation comes from government overspending because checks never bounce when they are written by the government,” Musk explained. He suggested the creation of a “government efficiency commission” to review and reduce wasteful spending, noting that interest payments on the national debt have now exceeded the defense budget, a situation that demands immediate action.

👉 Finally, Elon Musk addressed the subject of censorship, expressing harsh criticism towards Thierry Breton, the European Commissioner, whom he accuses of having tried to censor his conversation with Donald Trump.

🔹 Elon Musk referred to Breton's warning, who had said: "With a larger audience comes greater responsibility." This statement was perceived by Musk as an attempt to limit freedom of expression, which prompted him to react strongly.

🔹 To express his displeasure, Elon Musk shared a provocative meme addressed to Breton, asking him to “take a big step back and literally fuck off.” This reaction underlined his firm opposition to any form of censorship, especially when it seems to target freedom of expression on public platforms.

👉 Elon Musk then highlighted the way Donald Trump had handled freedom of expression during his first term.

Thesis on $dik

I like this, team is legit. Previously ran $nut (ATH $9m )

Insane content w/ high supply control

Memes usually die on the first day they launch, but this one held a good floor over low volume days

Loading up on dips, use TA for entries

Should I open a tg?

GM BullVerse! Yesterday, our in-house wizard built Raid Reward bot, Magic Raid Money was put to the test. 20+ raids were ran and conquered using MRM and it ran FLAWLESSLY. After some simple polishing, our bot will be ready for other communities to experience it for their selves! Keep on the lookout! You don't want to miss this! 🧙🏻‍♂️🪄⚡

Nib dictionary:

1. Nibblet: A tiny piece of the NIB pie.

2. Nib-sters: The coolest chicks in the crypto coop.

3. Nib-ble: When you're just pecking at the market.

4. Nib-rarian: Organizing all the NIB knowledge.

5. Nib-torious: The most famous chick in the game.

6. Nibsterious: The mystery behind why this chick is so frightened.

7. Nib-ergized: Ready to flap those wings and take on the market!

8. Nib-iquity: The state of being everywhere in the meme coin world.

9. Nib-errific: When your NIB investment finally takes flight.

10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.

11. Nib-stitute: When you swap out one meme coin for a better chick.

12. Nib-busters: Taking down all those FUDsters.

13. Nibfluence: The power of the chick over the crypto community.

14. Nib-citement: The thrill of watching your NIBs grow.

15. Nib-servation: Keeping a close eye on your chick’s nest.

16. Nib-accino: The coffee break you take while watching the charts.

17. Nib-compoop: Someone who sells their NIBs too early.

18. Nib-ocalypse: When all the NIB holders go wild at once.

19. Nibstitution: The new chick on the block, ready to replace the old guard.

20. Nib-ified: When you’ve gone all in on NIB.

21. Nib-chael Jackson: Moonwalking through the crypto market.

22. Nib-sanity: When NIB’s price spikes out of nowhere.

23. Nibvengers: The team of NIB heroes ready to save the market.

24. Nib-solutely: When you’re 100% certain this chick is the one.

25. Nib-ception: A chick inside a chick, inside a meme coin dream.

26. Nib-stronaut: Ready to send this chick to the moon.

27. Nib-ergreen: A meme that never goes out of style.

28. Nib-and-dime: When you’re just picking up a few more NIBs.

29. Nib-ling: A baby chick, or someone just starting with NIB.

30. Nib-casso: When your chick doodles become priceless crypto art.

31. Nibstitute teacher: The chick teaching you how to trade.

32. Nibba Fett: The bounty hunter of meme coins.

33. Nib-blebee: Buzzing around, collecting NIBs.

34. Nib by nib: Slowly stacking your fortune, one chick at a time.

35. Nibberoni: A little bit of NIB in every bite.

36. Nibviously: It’s clear NIB is the next big thing.

37. Nib-a-lanche: When NIB takes over the charts.

38. Nib-spresso: A strong shot of NIB to start your day.

39. Nib-ulation: The jubilation of seeing your NIB investment soar.

40. Nib-and-beyond: When you’re ready to take this chick to the stars!

Daily Memecoin Recap - August 4

Market is in shambles as $btc breaks key support
- $70k to $52k (-25% from the recent high)

Runners Of The Day
$bane -> hit $3 .7m, CTO, cute dog, coordinated pushed by KOLs
$btw -> hit $3 .25m, a banana taped to a wall, also a coordinated push by influencers, good volume
$matsu -> hit $1 .1m, cute cat, $billy vibes, but a cat instead of a dog

Slerf Team Announces They Will CTO A Coin
$oodles -> hit $10m , pumped based on speculation that this is the coin that $slerf team is CTO'ing

Market Dumping
$depressio -> hit $840k , depressed beta to $retardio since market is tanking
$bubu -> hit $320k , beta to $bobo the bear, CTO
$job -> hit $250k , "McDonalds Job Application"

High MC coins take a hit
$scf , $billy , $fwog , $wolf , $michi , $popcat , $ponke , $giga , $bome
- All of these coins have decreased substantially from their ATH

More Cooks
$berd -> hit $680k , CTO
$karris -> hit $520k , redacted KamalaHarris
, relaunch that previously hit $4 .4m
$fu -> hit $470k , "fed up", cat meme, CTO
$archie -> hit $328k , CTO, " The OG $bane "
$bull -> hit $305k , "I'm Bullish"
$mpr -> hit $273k , "Meme Power Rangers"
$job -> hit $250k , "McDonalds Job Application"
$nappy -> hit $230k

Whenever the market is dead, instead of forcing trades, take the time to hone in on your skills: TA, fundamental analysis, recognizing patterns, etc.

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BTC, yesterday the US stock market collapsed, pulling Bitcoin and of course Altcoins after it. Bitcoin has tested the lower limit of the 60,500 support zone, which it previously wrote about.
In general, this is a normal correction from the 53,000 growth, now the 0.618-0.786 Fibonacci levels have come into the zone. At the moment, it is important not to break through this zone downwards. There are also support levels below in the form of an uptrend. Today it is 58,600, it is clear that the trend is in an upward movement and, for example, in a week the level will be 59,200 and so on. It is critically important to maintain this level, as well as the medium-term uptrend, see the chart. Bitcoin is currently trading on a medium-term setup. And as before, a breakout and consolidation above 70,000-73,000 is needed to reverse the trend.
Yesterday it became clear, it is clear to many that the US Federal Reserve has overstayed its interest rates, and they should have been lowered at least 1 time. In September, it will be more than likely to be lowered! Urgently, they can lower it by as much as 0.5 points, instead of 0.25. It will also give investors and large funds a significant green signal! But everything can start earlier, "buy on rumors, sell on the news"

withdrawal from exchanges exceeds input - correlation

Altcoins, along with bitcoin, have received a correction. But at the time of the correction, there was also a correction in the Dominance of Bitcoin. Which actually plays into the hands of Altcoins. Nevertheless, there were altcoins that adjusted minimally. Now it is the same for altcoins, the medium-term uptrend is slightly below the price value. It is important not to lose this uptrend!

https://www.tradingview.co.../

Daily Memecoin Recap - August 1

Can't believe we're already in August

Only 5 months left in the year, make them count

Runners Of The Day
$144p -> hit $5 .8m, 144p quality picture of a dog, blurry picture, CTO
$nib -> hit $2 .25m, CTO, baby chicken meme
$144p -> hit $425k , cat beta of $144p (dog version)

Harry Potter Meta
$gryff -> hit $764k , Gryffindor, one of the four Hogwarts houses
$sly -> hit $750k , Slytherin
$raven -> hit $600k , Ravenclaw, blknoiz06's pick out of the four houses
$huffle -> hit $320k , Hufflepuff

High Market Cap Plays
$scf -> $67m to $121 .7m (1.81x), smoking chicken fish wicks a new ATH
$fwog -> $18 .5m to $42 .8m (2.3x), community relaunch supported by the artist of the first one where dev rugged,

$neiro -> $4 .2m to $16 .1m (3.8x), Kabosu's brother

Political Meta
$coconut -> $1 .05m to $7 .79m (7.42x), based on what KamalaHarris
has said in a conference, content is good
$dtc -> hit $300k , "Trump Classic", oldschool pics of realDonaldTrump

Zoomer Memes
$gay -> $439k to $3 .9m (8.9x), pushed by ansem & friends
$ss -> hit $940k , "Shooters Shoot", based on the Turkish viral shooter at the Olympics
$dikec -> hit $789k , "Cool Turkish Hitman"
$gfn -> hit $460k , "Green Fn", tiktok meta

Cat Memes
$onigiri -> $225k to $1 .8m (8x), $doge family meta
$floated -> hit $760k , "Floated Cat"
$car -> hit $270k , cute cat

Dog Meta
$sob -> hit $680k
$stucky -> hit $210k , dog stuck under a chair

Other Cooks
$n64 -> hit $1 .2m, nintendo 64 meme, "cat poop joystick"
$pepe -> hit $850k , another $pepe on sol
$pickle -> hit $795k , literally just a pickle, lots of whales aped
$suhc -> hit $500k , "Smoking Used Honda Civic"
$punpun -> hit $398k , makes me lose brain cells type of meme = bullish, silly bird
$cob -> hit $280k , corn meme
$gub -> hit $256k , CTO, bullfrog
$oof -> hit $200k , "out of funds"

The market was not the best today, partly due to the fact that $sol decreased to $158 from a high of $193

Stack the small wins

✈️ Alexander Vinnik, the Russian crypto crook, released following a large-scale prisoner exchange between Russia, the USA, Germany and Belarus?

This is the crazy rumor spreading on X, after the An-148 plane with flight number RA-61727, which had landed in Kaliningrad, Russia, returned to Moscow.

This plane had already been used for prisoner exchanges between Russia and other countries.

The RIA news agency reported that this large-scale prisoner exchange was taking place between Russia, the USA, Germany and Belarus

Among them, the Russian Alexander Vinnik, who must serve a sentence in the United States for money laundering of nearly 9 billion dollars via the cryptocurrency exchange BTC-e, and whose name mysteriously disappeared from a database of prisoner data.

https://www.reuters.com/wo.../

Jupiter airdrop concludes, 639,109 addresses claim tokens, $800 million worth of $JUP distributed, 33.1% unclaimed.

The $JUP airdrop by Jupiter, a leading Decentralized Exchange (DEX) aggregator on Solana, has successfully concluded. Launched on January 31st, 2024, it was the largest airdrop in Solana's history.

The airdrop aimed to distribute 1 billion $JUP tokens to 955,000 wallets that had previously interacted with Jupiter. The claim deadline was set for July 31st, 2024. while a substantial number of users participated, over 300,000 eligible addresses failed to claim their tokens.

Daily Memecoin Recap - July 29

Great volume today

Market is seriously picking back up, keep reading 👇

Rug Turns Into A Community Relaunch
$fwog -> hit $17m , community relaunch, $eth whales pushing
$flog -> hit $4 .11m, rug
$fwog -> hit $300k , OG fwog launched June 5th
- $flog launched and rugged, the artist was mad and decided to relaunch as $fwog
- This was the runner of the day

Zoomer Memes
$ong -> $7m to $25m (3.6x), 3% of supply has been locked up for 6 months ($350k)
$higher -> $500k to $2 .5m (5x), good CTO
$bro -> hit $1m , "It's a CTO bro"
$stoic -> hit $750k
$aylmao -> hit $616k

Smoking Chicken Fish Is Taking Over
$scf -> $47m to $107m (2.27x)
$scf -> hit $616k , OG smoking chicken fish from 2023

Buck To A Buck
$buck -> hit $4 .75m, CTO, dog meme, once this buck started moving, people started pushing around the OG one (which was previously inactive)
$buck -> hit $1m , OG buck
$dolla -> hit $600k , $buck derivative

Ginnan Is A Boy
$ginnan -> $16m to $44 .5m (2.78x), "Ginnan Doge's Sister"
$ginnan -> hit $2 .5m, "Ginnan Doge's Brother"
- "Ginnan Doge's Sister" ran to $40m +, but turns out that Ginnan is a boy which means that he's Doge's brother (not sister)

Dogecoin meta
$neiro -> $38 .5m to $82m (2.1x)
$suji -> $65k to $1 .5m (23x), Tsutsuji, "Doge's sister cat"
$MoM -> hit $3 .45m, "Mother of Memecoins", CTO, coin about $doge & $neiro 's mom
$oni -> hit $900k , cat meme, " $doge 's cat "

Dog Memes
$pupperfish -> hit $5m , viral dogfish
$nichi -> hit $1 .6m
$snuggy -> hit $510k , CTO
$dolly -> hit $450k

Cat Memes
$gpc -> hit $1m , "GoProCat", based on what a1lon9 (pumpfun's founder) said in an interview
$meo -> hit $885k , Chinese meme
$cc -> hit $500k , cult cate, has been made before
$chester -> hit $500k
$incel -> hit $440k

Other Cooks
$jet -> hit $775k , "Sardine 737"
$gigana -> hit $250k , woman $giga , CTO
$pumpy -> hit $220k

Imagine what happens when retail starts using trojan, BullX, photon, etc...

July 19th’s devastating IT outage left hundreds of businesses across the world scrambling to provide basic services. A software bug that was prematurely pushed to production wrought havoc across the globe, temporarily shutting down banks, airlines, and essential services.

Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.

What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?

SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.

Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.

However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.

On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.

Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.

SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.

For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.

With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?

Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?

According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.

Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.

Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.

With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.

RWA will be worth $16 trillion by 2030 👀

BlackRock & Goldman Sachs talk about REVOLUTIONARY technology…

First of all, what are RWAs? 🤔

To put it simply: these are assets from the real world (vouchers, real estate, art, etc.) which are then tokenized using the blockchain

And the advantages offered by these assets are really interesting…

👉 they allow investing in more traditional markets via the blockchain, and with little liquidity

👉 they increase the liquidity of these sometimes illiquid markets

👉 which says blockchain, says transparent & immutable environment

RWAs allow exposure to sectors that were previously inaccessible AND from just a few dollars 🤝

In addition: it allows institutions to raise funds for their products by exposing themselves to a new “type” of market (the blockchain).

Some say the RWA bubble could resemble the Internet bubble in the late 90s.

So yes, a bubble often ends up bursting, but not if it is sufficiently solid 👀

And still: the opportunities will be really crazy…

According to experts, the RWA market could reach $2 trillion by 2030 🚀

Others, like the Boston Consulting Group, speak of $16 ,000 billion.

Yes, it's huge, but not surprising: several giants are already starting to expose themselves to this sector...

Already, we recently had the giant Goldman Sachs launch three new tokenization products 🌐

The bank explains this choice by “a strong increase in customer interest”.

BlackRock has also launched its own “BUILD” fund.

It allows institutional investors “to access US dollar yields on short-term US Treasury bonds” 💵

The fund has already reached $500 million 💰

BlackRock also supports the project $ONDO

He also invested $5 million in it last month 💸

In “exchange”: ONDO transferred $95 million in assets to the BUILD fund (to support its OUSG token)

And you, what is your gem RWA token? 👀

The summary of the news #crypto

1) The German government has confirmed that it has sold all of its bitcoin accumulated during various seizures, for reasons of a legal deadline

2) Discussions are open to reinstate staking in certain ETF's spot ETH (the big launch is still planned for next Tuesday)

3) State Street, 4th US manager with 4,000 billion under management, explores the possibility of creating its own stablecoin

4) According to Ki Young Ju, the OTC market now largely predominates on the spot, which itself is at a historic low point of 3 years in terms of transactions carried out by individuals

5) Ethereum is still well ahead in terms of revenue generated in 2024 with 1.42 billion. Solana for example is 4th with 135 million

6) Donald Trump considers Jamie Dimon, CEO of JP Morgan, as treasury secretary in the event of election, the latter in turn miraculously changing his mind on #crypto

7) In terms of cycle, the #Bitcoin   halving Progress is now at 6%

8) The current technical zone on $BTC is around $65k and it should be complex to cross

9) Mt Gox has already transferred around 40% of the Bitcoin which has been returned to customers (notably through Kraken)

10) Leading exchange in India Wazirix was exploited for a total of $235 million, North Korean hackers from the Lazarus Group could be behind it

11) The SP500 & Nasdaq correct on the US market

12) A documentary series “What the Punk” is available on Arte

13) The fees of the different ETF's spot on $ETH should be around 0.20 to 0.25%

I must say, the BullVerse app has been working flawlessly. Great job team! @bullverse

🚨 The Chinese banking sector has just imploded!

40 banks disappeared in ONE WEEK

China faces a silent banking crisis that will shake the global economy. 👇

Small Chinese banks are falling one after the other.

We are talking about 55,000 billion yuan of assets at risk (13% of the banking system)!

3,800 rural institutions are in difficulty.

The problem is COLOSSAL.

40% non-performing loans in certain banks, massive exposure to the real estate crisis and large-scale fraud freezing Chinese withdrawals.

China's social stability is at stake. Beijing is panicking.

Their solution?

Make the problem disappear!

In Liaoning province alone, 36 banks have merged into one.

But merging troubled banks only creates bigger troubled banks!

The authorities are overwhelmed:

➡️ Delays in financial stability legislation
➡️ Insufficient recapitalization via special bonds
➡️ Lack of mechanisms to let banks fail

Incompetence reigns in Chinese economic policy and the consequences could be devastating...

We obviously fear a slowdown in economic growth but also and above all a risk of contagion to the global economy.

We may be witnessing the start of a major financial crisis.

We understand better why investors have been withdrawing their money from China for two years...

https://t.co/RLXGBneYTm

Tangem to unveil its first crypto Visa payment card combined with a hardware wallet

Tangem is the world's leading provider of secure hardware portfolio solutions.

They recently announced a partnership with Visa to create an innovative self-service payment solution for hardware wallets. This solution combines a Visa payment card with a hardware wallet, allowing Tangem users to make payments effortlessly using their crypto or stablecoin balance at Visa accepting merchants.

Unlike traditional custody solutions, the Tangem card incorporates a private key into the chip, ensuring that users retain exclusive control over their assets.

The Tangem portfolio is currently available in more than 160 countries and continues to expand into new jurisdictions in the future.

It is a significant step towards briding the gap between the traditional bank and digital assets, thus facilitating navigation and exploiting the benefits of both worlds.

https://www.globenewswire....

PengyOS keeps entertaining & creating!🐧💫

The best of web3, dApps, & memes seamlessly in one HUB.💎

A website, an app, a dream, a mooner—the Penguin Vision on the memecoin throne.👑

The new meta, a stronghold of creativity.🌟

Pengy & Degens continue to conquer the globe.🐧🌍

Parcl protocol has officially launched its second community allocation of $PRCL tokens, commencing the distribution process for the Perpetual Points Program (PPP) Season 1 rewards.

This latest airdrop will allocate more than 6% of the total PRCL supply, complementing the initial 8% distributed previously. The claim page for PPP Season 1 will go live on July 15th, 2024.

The total allocation of 60,000,000 $PRCL will be divided into two segments: 40,000,000 $PRCL will be distributed linearly to users with over 50,000 points, and 20,000,000 $PRCL will be reserved for Parcl traders.

The $PRCL token currently trades at.18 with a fully diluted valuation (FDV) of $181 million.

According to details shared by Parcl protocol, The distribution introduces a new vesting mechanism to promote token price stability. Participants can accelerate their vesting schedules by staking more $PRCL . Three vesting schedules are available, ranging from 90 days for those taking over 50% of their allocation to 180 days for those taking less than 50%.