4 days ago
Lower your expectations
You can't start off expecting to turn $1k into $1m
When you have these high expectations, you're just going to continuously round trip your gains by chasing instead of taking profit
I know you keep seeing 7 fig pnls on the timeline, but you have to learn to block out that noise
Set small goals along the way, and celebrate the little wins
One step at a time, you'll make it
You can't start off expecting to turn $1k into $1m
When you have these high expectations, you're just going to continuously round trip your gains by chasing instead of taking profit
I know you keep seeing 7 fig pnls on the timeline, but you have to learn to block out that noise
Set small goals along the way, and celebrate the little wins
One step at a time, you'll make it
4 days ago
I don't really take any anon seriously.
Even the guys I like with King Baldwin or Aristotle as the profile picture.
I'm sure in a FEW CASES I am mistaken... But they don't really look like warrior kings or philosophers.
Lets be honest... This is who most of them are.
Even the guys I like with King Baldwin or Aristotle as the profile picture.
I'm sure in a FEW CASES I am mistaken... But they don't really look like warrior kings or philosophers.
Lets be honest... This is who most of them are.
11 days ago
GM Soldiers! 🌞
Time to kick off the ULTIMATE MEME CHALLENGE 🎥🐾
💰 $1000 Prize Pool 💰
Here’s the mission:
👉 Create a video of yourself doing anything hilariously degen
👉 Include the $KHAI logo in the video (get creative!)
👉 Post it, tag @KittenHaimer , and use #KHAIChallenge
We’ll pick the top memes to share with the world. Make us laugh, cry, or cringe—the bolder, the better! 😹
Let’s see what you’ve got! 🚀
#KittenHaimer #KHAI
Time to kick off the ULTIMATE MEME CHALLENGE 🎥🐾
💰 $1000 Prize Pool 💰
Here’s the mission:
👉 Create a video of yourself doing anything hilariously degen
👉 Include the $KHAI logo in the video (get creative!)
👉 Post it, tag @KittenHaimer , and use #KHAIChallenge
We’ll pick the top memes to share with the world. Make us laugh, cry, or cringe—the bolder, the better! 😹
Let’s see what you’ve got! 🚀
#KittenHaimer #KHAI
2 months ago
Piu is kind, dreamy and a little naive.
Piu is obsessed with the idea of one day being able to go to the moon.
$PIU is the piu memecoin that will make this dream come true thanks to the $PIU community which works tirelessly for this.
#piupiu #memecoin #Solana #pumpfun #dexscreener #moonshot
Piu is obsessed with the idea of one day being able to go to the moon.
$PIU is the piu memecoin that will make this dream come true thanks to the $PIU community which works tirelessly for this.
#piupiu #memecoin #Solana #pumpfun #dexscreener #moonshot
2 months ago
Based Rollups
What are they, why do they exist, and which projects are already making waves?
A 101 explainer 👇
==================================
Scaling #Ethereum has been one of the most discussed challenges in crypto.
To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.
They're bringing more users and value to Ethereum, however, concerns remain about their reliance on centralized sequencers and liquidity fragmentation across chains.
This is where based rollups come in. They integrate more closely with Ethereum's infrastructure, helping retain value within the ecosystem. This new method of building rollups could bring additional value to Ethereum and $ETH .
What are Based rollups?
Based rollups, or L1-sequenced rollups, are a type of rollup where the base L1 chain, like Ethereum, manages transaction sequencing directly.
Unlike traditional rollups that rely on their own sequencers, based rollups tap into the security, liveness, and decentralization of the L1 by outsourcing transaction sequencing to the L1’s infrastructure. This infrastructure includes proposers, searchers, builders, and other actors who permissionlessly include based rollup blocks in L1 blocks.
How do Based rollups work?
Based rollups use the L1 for consensus, data availability, and settlement layers, while handling execution independently. For instance, when Ethereum is the base L1, the key layers of based rollups are as follows:
1. Execution Layer — Managed by the rollup itself, where transactions are executed off-chain.
2. Consensus Layer — Relies on Ethereum validators to sequence transactions.
3. Data Availability Layer — Uses Ethereum as the DA layer to ensure that transaction data is available for validation by anyone.
4. Settlement Layer — Also part of Ethereum, where final transaction states of the rollup are recorded.
Based rollups use Ethereum for everything from ordering transactions to settling them. While this approach may not seem radically different from traditional rollups, it fundamentally shifts how sequencing is handled. Instead of relying solely on separate sequencers, based rollups leverage Ethereum itself for transaction sequencing.
Why based rollups?
As Justin Drake outlined in his original post, based rollups are worth your attention for several reasons:
1. Inherited Liveness and Decentralization — One of the key advantages of based rollups is their ability to inherit the liveness guarantees of the base L1 chain. As long as the L1 is operational, so is the rollup.
2. Economic Alignment with L1 — The economic model of based rollups creates a mutually beneficial relationship with the L1. Priority fees and MEV from these rollups naturally flows to the L1. This synergy doesn’t just add value to the base layer, it also boosts the legitimacy and brand awareness of the rollups themselves, thanks to Ethereum’s community.
3. Cost Efficiency — Outsourcing sequencing to Ethereum reduces development costs, accelerates time to market, and lowers user costs (especially at scale) for based rollups.
However, based rollups have trade-offs. They sacrifice some profitability by relying on Ethereum for sequencing, missing out on priority fees and MEV. Additionally, they contend with Ethereum's inherent challenges, such as slow block times, which can cause latency issues.
There's a real debate that these changes might compromise the simplicity and security that initially made based rollups appealing.
What are they, why do they exist, and which projects are already making waves?
A 101 explainer 👇
==================================
Scaling #Ethereum has been one of the most discussed challenges in crypto.
To address this, the community chose a rollup-centric approach. The idea is simple: Instead of hosting all applications on Ethereum, the focus is on rollups that offer faster, cheaper transactions while still settling back on Ethereum. As a result, you get faster, cheaper transactions, but still keep Ethereum’s security.
They're bringing more users and value to Ethereum, however, concerns remain about their reliance on centralized sequencers and liquidity fragmentation across chains.
This is where based rollups come in. They integrate more closely with Ethereum's infrastructure, helping retain value within the ecosystem. This new method of building rollups could bring additional value to Ethereum and $ETH .
What are Based rollups?
Based rollups, or L1-sequenced rollups, are a type of rollup where the base L1 chain, like Ethereum, manages transaction sequencing directly.
Unlike traditional rollups that rely on their own sequencers, based rollups tap into the security, liveness, and decentralization of the L1 by outsourcing transaction sequencing to the L1’s infrastructure. This infrastructure includes proposers, searchers, builders, and other actors who permissionlessly include based rollup blocks in L1 blocks.
How do Based rollups work?
Based rollups use the L1 for consensus, data availability, and settlement layers, while handling execution independently. For instance, when Ethereum is the base L1, the key layers of based rollups are as follows:
1. Execution Layer — Managed by the rollup itself, where transactions are executed off-chain.
2. Consensus Layer — Relies on Ethereum validators to sequence transactions.
3. Data Availability Layer — Uses Ethereum as the DA layer to ensure that transaction data is available for validation by anyone.
4. Settlement Layer — Also part of Ethereum, where final transaction states of the rollup are recorded.
Based rollups use Ethereum for everything from ordering transactions to settling them. While this approach may not seem radically different from traditional rollups, it fundamentally shifts how sequencing is handled. Instead of relying solely on separate sequencers, based rollups leverage Ethereum itself for transaction sequencing.
Why based rollups?
As Justin Drake outlined in his original post, based rollups are worth your attention for several reasons:
1. Inherited Liveness and Decentralization — One of the key advantages of based rollups is their ability to inherit the liveness guarantees of the base L1 chain. As long as the L1 is operational, so is the rollup.
2. Economic Alignment with L1 — The economic model of based rollups creates a mutually beneficial relationship with the L1. Priority fees and MEV from these rollups naturally flows to the L1. This synergy doesn’t just add value to the base layer, it also boosts the legitimacy and brand awareness of the rollups themselves, thanks to Ethereum’s community.
3. Cost Efficiency — Outsourcing sequencing to Ethereum reduces development costs, accelerates time to market, and lowers user costs (especially at scale) for based rollups.
However, based rollups have trade-offs. They sacrifice some profitability by relying on Ethereum for sequencing, missing out on priority fees and MEV. Additionally, they contend with Ethereum's inherent challenges, such as slow block times, which can cause latency issues.
There's a real debate that these changes might compromise the simplicity and security that initially made based rollups appealing.
2 months ago
PayPal, one of the world’s largest financial platforms, continues its mission to deliver blockchain-based services to users and businesses alike.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
2 months ago
Chapter Two Rebrands as ‘Solana Seeker’, Unveiling a Range of New Features and Enhancements
140,000 pre-orders later, Solana Mobile’s next generation web3 smartphone emerges from its ‘stealth phase’.
Solana Mobile, the team behind the wildly popular Solana Saga device, has finally unveiled the eagerly awaited Solana Seeker. The next generation web3 smartphone is slated for release in 2025, offering a host of improved features and benefits.
Following the rampant success of the sellout Solana Saga, Solana Mobile stealth-launched the mysterious ‘Chapter Two’. Despite being light on details, Solana Chapter Two was well-received by the wider crypto-community. Solana Mobile’s next generation device has already been pre-ordered over 140,000 times, with recipients eager to get their hands on fresh Solana hardware.
Both the Solana Saga and the Seeker, formerly ‘Chapter Two’ have been embraced by Solana’s mobile development community. Saga owners and Seeker Genesis token holders have been generously rewarded with a litany of airdrops, as well as a vast selection of dApps and features designed exclusively for the Solana Seeker ahead of the device’s launch.
Since its inception, Solana co-founder Anatoly Yakovenko has been one of Solana Mobile’s staunchest advocates. Championing mobile devices and services as a key area of growth for the network, Yakovenko contends that the Seeker will improve on the standards set by the Saga at more accessible prices.
“We founded Solana Mobile with the mission of taking crypto mobile. To achieve that, we needed to make Seeker more accessible, more affordable, and for its hardware and software to be even more deeply integrated for web3. The support from across the Solana community so far has been incredible, and with features like the new Seed Vault Wallet and the updated Solana dApp Store, we think Seeker will be the definitive web3 mobile device when it comes out next year.” - Anatoly Yakovenko, Solana Labs co-founder
What new features can users expect from the Saga’s highly-anticipated successor?
New Phone, New Features
While the full range of improvements and hardware specifications is yet to be announced, Solana Mobile has teased the following features for the upcoming Seeker:
Seed Vault Wallet - The Seeker comes complete with a built-in self-custodial Seed Vault to provide a frictionless web3 mobile experience. Designed exclusively for the Seeker in collaboration with Solflare, the Seed Vault support double-tap transactions and simplified account management.
Solana Mobile dApp Store - Competing directly with the Apple/Google duopoly, the Solana Mobile dApp Store debuts a compelling new rewards tracker and offers enhanced discoverability for DeFi, NFTs, DePIN, Gaming, and Payments applications.
Seeker Genesis Token - A soulbound NFT, the Seeker Genesis Token is a non-transferrable asset that gives holders exclusive access to rewards, content and opportunities throughout Solana’s thriving ecosystem.
Enhanced Hardware - Seeker promises a dramatically improved build quality, boasting a superior camera, extended battery life, a lighter design, and a brighter display than its predecessor.
With 2025 just around the corner, the launch and distribution of Solana Seeker may come sooner than expected. Given the generous incentives and rewards enjoyed by Solana holders, the Solana community awaits the launch of Solana Seeker with bated breath.
140,000 pre-orders later, Solana Mobile’s next generation web3 smartphone emerges from its ‘stealth phase’.
Solana Mobile, the team behind the wildly popular Solana Saga device, has finally unveiled the eagerly awaited Solana Seeker. The next generation web3 smartphone is slated for release in 2025, offering a host of improved features and benefits.
Following the rampant success of the sellout Solana Saga, Solana Mobile stealth-launched the mysterious ‘Chapter Two’. Despite being light on details, Solana Chapter Two was well-received by the wider crypto-community. Solana Mobile’s next generation device has already been pre-ordered over 140,000 times, with recipients eager to get their hands on fresh Solana hardware.
Both the Solana Saga and the Seeker, formerly ‘Chapter Two’ have been embraced by Solana’s mobile development community. Saga owners and Seeker Genesis token holders have been generously rewarded with a litany of airdrops, as well as a vast selection of dApps and features designed exclusively for the Solana Seeker ahead of the device’s launch.
Since its inception, Solana co-founder Anatoly Yakovenko has been one of Solana Mobile’s staunchest advocates. Championing mobile devices and services as a key area of growth for the network, Yakovenko contends that the Seeker will improve on the standards set by the Saga at more accessible prices.
“We founded Solana Mobile with the mission of taking crypto mobile. To achieve that, we needed to make Seeker more accessible, more affordable, and for its hardware and software to be even more deeply integrated for web3. The support from across the Solana community so far has been incredible, and with features like the new Seed Vault Wallet and the updated Solana dApp Store, we think Seeker will be the definitive web3 mobile device when it comes out next year.” - Anatoly Yakovenko, Solana Labs co-founder
What new features can users expect from the Saga’s highly-anticipated successor?
New Phone, New Features
While the full range of improvements and hardware specifications is yet to be announced, Solana Mobile has teased the following features for the upcoming Seeker:
Seed Vault Wallet - The Seeker comes complete with a built-in self-custodial Seed Vault to provide a frictionless web3 mobile experience. Designed exclusively for the Seeker in collaboration with Solflare, the Seed Vault support double-tap transactions and simplified account management.
Solana Mobile dApp Store - Competing directly with the Apple/Google duopoly, the Solana Mobile dApp Store debuts a compelling new rewards tracker and offers enhanced discoverability for DeFi, NFTs, DePIN, Gaming, and Payments applications.
Seeker Genesis Token - A soulbound NFT, the Seeker Genesis Token is a non-transferrable asset that gives holders exclusive access to rewards, content and opportunities throughout Solana’s thriving ecosystem.
Enhanced Hardware - Seeker promises a dramatically improved build quality, boasting a superior camera, extended battery life, a lighter design, and a brighter display than its predecessor.
With 2025 just around the corner, the launch and distribution of Solana Seeker may come sooner than expected. Given the generous incentives and rewards enjoyed by Solana holders, the Solana community awaits the launch of Solana Seeker with bated breath.
2 months ago
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
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, a massive upgrade to the existing Ape platform, is set to make meme coins fun again on Solana. It will offer a powerful, mobile-friendly trading suite that supports social logins and an easy-to-use token creation experience.
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.
Acquisitions Signal Growth and Ambition
Jupiter's acquisition of SolanaFM, a critical infrastructure provider for the Solana ecosystem, underscores the company's commitment to strengthening it. This move will enable Jupiter to leverage SolanaFM's world-class data infrastructure to enhance its platform further.
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
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, a massive upgrade to the existing Ape platform, is set to make meme coins fun again on Solana. It will offer a powerful, mobile-friendly trading suite that supports social logins and an easy-to-use token creation experience.
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.
Acquisitions Signal Growth and Ambition
Jupiter's acquisition of SolanaFM, a critical infrastructure provider for the Solana ecosystem, underscores the company's commitment to strengthening it. This move will enable Jupiter to leverage SolanaFM's world-class data infrastructure to enhance its platform further.
2 months ago
Drift Protocol, a rising star in the Solana DeFi space, has secured a $25 million Series B funding round led by crypto venture firm Multicoin Capital. This significant investment follows Drift's series of strategic moves to capture a larger share of the diverse DeFi derivatives market and will fuel an ambitious expansion of its team.
Drift's recent launch of BET on DRIFT, a prediction market built on Solana ahead of the US elections, has garnered considerable attention. Within just one week of launch, Drift flipped PolyMarket in 24-hour volume on August 28th, 2024, signaling a strong user response and a potential shift in the prediction market landscape.
The platform's rapid growth, with $388 million in total value locked (TVL) and a series of successful product launches, has attracted significant investor interest. While details of the latest funding round remain unclear, it is believed to be a private token sale, given Drift's existing $DRIFT token launched in May 2024.
Multicoin Capital's Managing Partner, Kyle Samani, confirmed the private nature of the funding round in a tweet posted a few days before the official announcement. He expressed strong confidence in Drift's potential: "We have been analyzing DeFi derivatives pretty seriously since 2019-2020, and we believe that Drift Protocol is the best positioned protocol to capture that opportunity. We led multiple private rounds and have been buying on the public market since the token launched in May."
The Drift token $DRIFT has surged by 77% in the past 30 days, currently trading at.73 at press time.
Drift's Journey: From Seed to Series B and Beyond
Drift's journey to this point has been marked by steady growth and strategic fundraising. The platform raised $3 .8 million in a seed round in 2021, followed by a $23 .5 million Series A round in May 2023. This latest funding round brings Drift's total funding to an impressive $52 .5 million, positioning it for further expansion and innovation.
Fueling Growth: Doubling the Team
With this fresh injection of capital, Drift is set to embark on an aggressive growth trajectory. The company plans to double its headcount from 25 to 50 within the next year. This expansion will bolster Drift's capabilities across various fronts, including engineering, product development, marketing, and business development.
With fresh capital and a growing user base, Drift is well-positioned to execute its ambitious roadmap. The platform plans to expand its suite of financial services tools, enhance its cross-margin functionality, and further develop its prediction market offerings.
Drift's recent launch of BET on DRIFT, a prediction market built on Solana ahead of the US elections, has garnered considerable attention. Within just one week of launch, Drift flipped PolyMarket in 24-hour volume on August 28th, 2024, signaling a strong user response and a potential shift in the prediction market landscape.
The platform's rapid growth, with $388 million in total value locked (TVL) and a series of successful product launches, has attracted significant investor interest. While details of the latest funding round remain unclear, it is believed to be a private token sale, given Drift's existing $DRIFT token launched in May 2024.
Multicoin Capital's Managing Partner, Kyle Samani, confirmed the private nature of the funding round in a tweet posted a few days before the official announcement. He expressed strong confidence in Drift's potential: "We have been analyzing DeFi derivatives pretty seriously since 2019-2020, and we believe that Drift Protocol is the best positioned protocol to capture that opportunity. We led multiple private rounds and have been buying on the public market since the token launched in May."
The Drift token $DRIFT has surged by 77% in the past 30 days, currently trading at.73 at press time.
Drift's Journey: From Seed to Series B and Beyond
Drift's journey to this point has been marked by steady growth and strategic fundraising. The platform raised $3 .8 million in a seed round in 2021, followed by a $23 .5 million Series A round in May 2023. This latest funding round brings Drift's total funding to an impressive $52 .5 million, positioning it for further expansion and innovation.
Fueling Growth: Doubling the Team
With this fresh injection of capital, Drift is set to embark on an aggressive growth trajectory. The company plans to double its headcount from 25 to 50 within the next year. This expansion will bolster Drift's capabilities across various fronts, including engineering, product development, marketing, and business development.
With fresh capital and a growing user base, Drift is well-positioned to execute its ambitious roadmap. The platform plans to expand its suite of financial services tools, enhance its cross-margin functionality, and further develop its prediction market offerings.
2 months ago
On September 20, Reown, formerly WalletConnect, announced the launch of its Solana Appkit, a comprehensive developer tooling platform designed to simplify Solana ecosystem development.
The move promises to amplify Solana connectivity, leveraging a range of essential services that aim to expand the ecosystem. Best known for its expansive EVM network, Reown facilitates over 15M monthly wallet connections across 100+ blockchains.
Solana’s inclusion in Reown’s substantial list of supported chains comes following the network’s meteoric growth throughout 2024. Reown CEO Jess Houlgrave contends that the Solana Appkit’s launch could spearhead a new wave of applications on the network:
"The Solana ecosystem has stood out since its inception in 2020. Solana instantly drew interest from developers and teams throughout the industry, resulting in some of the biggest and most recognizable projects to date. The launch of the Solana AppKit will act as a catalyst for further growth, the AppKit simplifies building apps and ensures the best experience for end-users. We're excited to see what teams can do with these new tools". - Jess Houlgrave, Reown CEO.
What Can Developers Expect From Reown’s Appkit?
Reown’s Solana Appkit aims to streamline the development process, amplifying application connectivity across the ecosystem. The new tooling platform promises a range of essential features, including:
WalletConnect Network integration.
Simplified email and social login - Allowing users to connect to dApps using familiar, Web2 logins.
Fiat-to-Crypto onramp - Partnering with Coinbase, users can instantly buy over 100 crypto assets directly through Reown-powered apps.
Token swaps - In collaboration with 1Inch, Reown provides applications with in-app trades at the best available rates.
Web3 Messaging Notifications - Apps can now send onchain messages directly to user’s wallets.
Multi-Language support - Reown’s Solana Appkit supports developers building with React, Vue, JavaScript, and Next.js
Reown Attracts Key Launch Partners
Bringing the new Appkit to as many Solana developers, Reown has collaborated with some of the biggest names in the ecosystem. Integral DeFi apps like Jupiter, Solana’s leading aggregator, and Marinade Finance, one of Solana’s original staking providers, have lent their weight behind the launch, with additional support from Drift Protocol, a popular perpetual DEX, and Solayer, the network’s leading restaking protocol.
Drift Protocol co-founder Cindy Leow believes that Reown’s Solana Appkit will facilitate a smoother onboarding process for traders. Championing the toolkit accessibility, Leow expressed excitement at the prospect of a widening ecosystem.
“At Drift we’re continuously improving the experience for our users. As we expand, we want to see even more blockchain adoption. Integrating Reown’s Solana AppKit marks a milestone for accessibility and usability. We’re looking forward to seeing more apps in the Solana ecosystem leverage the Solana AppKit” - Cindy Leow, Drift Protocol co-founder.
Echoing Leow’s enthusiasm, Backpack CEO Armani Ferrante also demonstrated his support for the Reown Appkit.
“As the entry point for the Solana ecosystem, Backpack wallet team worked closely with the Reown team to integrate the Reown WalletKit on the mobile app end. We’re excited to partner with Reown and improve Solana users' experience. Now, users can easily access Backpack Wallet when they click the WalletConnect button on their favorite dApps.” - Armani Ferrante, Backpack CEO
Alongside Solana’s dramatic surge in user activity throughout 2024, the network has also enjoyed a significant increase in developer activity. According to the Solana 2023 Developer Report the network boasted over 2,500 monthly active developers.
The Reown Solana AppKit is expected to provide Solana’s expansive developer community with an expansive suite of tools, enabling them to create a diverse and access
The move promises to amplify Solana connectivity, leveraging a range of essential services that aim to expand the ecosystem. Best known for its expansive EVM network, Reown facilitates over 15M monthly wallet connections across 100+ blockchains.
Solana’s inclusion in Reown’s substantial list of supported chains comes following the network’s meteoric growth throughout 2024. Reown CEO Jess Houlgrave contends that the Solana Appkit’s launch could spearhead a new wave of applications on the network:
"The Solana ecosystem has stood out since its inception in 2020. Solana instantly drew interest from developers and teams throughout the industry, resulting in some of the biggest and most recognizable projects to date. The launch of the Solana AppKit will act as a catalyst for further growth, the AppKit simplifies building apps and ensures the best experience for end-users. We're excited to see what teams can do with these new tools". - Jess Houlgrave, Reown CEO.
What Can Developers Expect From Reown’s Appkit?
Reown’s Solana Appkit aims to streamline the development process, amplifying application connectivity across the ecosystem. The new tooling platform promises a range of essential features, including:
WalletConnect Network integration.
Simplified email and social login - Allowing users to connect to dApps using familiar, Web2 logins.
Fiat-to-Crypto onramp - Partnering with Coinbase, users can instantly buy over 100 crypto assets directly through Reown-powered apps.
Token swaps - In collaboration with 1Inch, Reown provides applications with in-app trades at the best available rates.
Web3 Messaging Notifications - Apps can now send onchain messages directly to user’s wallets.
Multi-Language support - Reown’s Solana Appkit supports developers building with React, Vue, JavaScript, and Next.js
Reown Attracts Key Launch Partners
Bringing the new Appkit to as many Solana developers, Reown has collaborated with some of the biggest names in the ecosystem. Integral DeFi apps like Jupiter, Solana’s leading aggregator, and Marinade Finance, one of Solana’s original staking providers, have lent their weight behind the launch, with additional support from Drift Protocol, a popular perpetual DEX, and Solayer, the network’s leading restaking protocol.
Drift Protocol co-founder Cindy Leow believes that Reown’s Solana Appkit will facilitate a smoother onboarding process for traders. Championing the toolkit accessibility, Leow expressed excitement at the prospect of a widening ecosystem.
“At Drift we’re continuously improving the experience for our users. As we expand, we want to see even more blockchain adoption. Integrating Reown’s Solana AppKit marks a milestone for accessibility and usability. We’re looking forward to seeing more apps in the Solana ecosystem leverage the Solana AppKit” - Cindy Leow, Drift Protocol co-founder.
Echoing Leow’s enthusiasm, Backpack CEO Armani Ferrante also demonstrated his support for the Reown Appkit.
“As the entry point for the Solana ecosystem, Backpack wallet team worked closely with the Reown team to integrate the Reown WalletKit on the mobile app end. We’re excited to partner with Reown and improve Solana users' experience. Now, users can easily access Backpack Wallet when they click the WalletConnect button on their favorite dApps.” - Armani Ferrante, Backpack CEO
Alongside Solana’s dramatic surge in user activity throughout 2024, the network has also enjoyed a significant increase in developer activity. According to the Solana 2023 Developer Report the network boasted over 2,500 monthly active developers.
The Reown Solana AppKit is expected to provide Solana’s expansive developer community with an expansive suite of tools, enabling them to create a diverse and access
2 months ago
Presenting at Breakpoint 2024, FluxBeam and RugCheck founder Scott Hague unveiled a litany of new product updates to the comprehensive DeFi platform.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
3 months ago
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."
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."
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
🇮🇳 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/...
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/...
3 months ago
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.
3 months ago
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
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
3 months ago
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
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
3 months ago
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
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
3 months ago
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. 🚀
👉 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. 🚀
3 months ago
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Maestro brings your favourite chains together in one bot for effortless trading.
Experience multi-chain modularity at its finest. Fast trading without the hassle of juggling different bots.
Maestro enhances its all-in-one approach with its bridging feature. Seamlessly bridge directly in the bot with HoudiniSwap
🤖 http://t.me/Maestro
4 months ago
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?😏
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?😏
4 months ago
🇺🇸 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
Simultaneously, the CBOE removed from its website the Forms 19b-4 submitted by VanEck and 21Shares
4 months ago
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
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
4 months ago
🚨 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.
👉 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.
4 months ago
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! 🧙🏻♂️🪄⚡
4 months ago
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!
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!
4 months ago
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.
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.
4 months ago
Did you know Maestro is the fastest Sniper and Copytrader on #Solana ?
Maestro offers you THE supercharged $SOL toolkit!
🎯 Kickstart Launch and Auto #Sniping and secure newly launched #SPL tokens instantly.
🤝 With copytrade, effortlessly mirror the moves of pro #traders and friends. It's even fast with anti-MEV enabled!
📈 Don’t forget Maestro also fully supports #pumpdotfun .
Unleash lightning-fast, reliable snipes and copytrades and achieve top-tier results!
🤖 https://t.me/Maestro
Maestro offers you THE supercharged $SOL toolkit!
🎯 Kickstart Launch and Auto #Sniping and secure newly launched #SPL tokens instantly.
🤝 With copytrade, effortlessly mirror the moves of pro #traders and friends. It's even fast with anti-MEV enabled!
📈 Don’t forget Maestro also fully supports #pumpdotfun .
Unleash lightning-fast, reliable snipes and copytrades and achieve top-tier results!
🤖 https://t.me/Maestro
4 months ago
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.../
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.../
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