Daily Memecoin Recap - September 5

Memecoins on cardano has to be the biggest meme

Runners Of The Day
$dcc -> $240k to $1 .3m (5.4x), Drunk Chicken Centipede, check bullx/photon to see the right market cap
$dm -> hit $812k , Darcell Migel, original twitter followed by Cobratate & TateTheTalisman
$evil -> hit $458k , "Evil Kermit"
$main -> hit $332k , "Main Character"

Pump Fun-like Platform On Cardano -> snekdotfun
- So many coin-launchpads have been releasing
- Imo pumpdotfun will forever remain the king long-term

Old Coins Reviving
$rocky -> $2m to $5 .5m (2.75x), team started pushing again
$mbc -> $188k to $1m (5.3x), "Mutant Boys Club", launched in July

Animal Memes
$chi -> hit $283k , cat meditating
$sp500 -> hit $213k , Sonic Parrot 500
$selfmade -> hit $200k , dog meme, X community

More Cooks
$bud -> $722k to $2 .46m (3.4x)
$think -> $215k to $800k (3.7x), "Think About It...", X community
$pe -> hit $287k , Half of $pepe

Did you cook? 🍜

BTC, the price came to the local support zone, which I wrote about yesterday in the post 57 700-56 175, tested and received a rebound from this level. Locally, in order for the price to go higher to the upper line of the pattern, as well as to the key resistance level, it is necessary to break through and gain a foothold above the 60,000 level and of course break through and gain a foothold above the 62,600 level.
The data that I will send this week was quite positive, for example, the SP500 recovered to a corrective level. And the Bitcoin Market Maker decided to adjust it. Let me remind you that at the moment there is only positive news on the crypto market, absolutely no negativity, in the summer, for example, the same SP500 grew and reached new highs, unlike the crypto market, no events in the world prevented it.
The landing of paper hands continues, faith in cryptocurrency is disappearing for many. It was all the same in the past. Many who have been in previous cycles know what kind of growth awaits us.! we are only at the very beginning of this cycle!

withdrawal from exchanges exceeds input - correlation

Altcoins, for the initial growth, it is necessary to break through the downward trends on the capitalization of altcoins, which we have already approached almost tightly. The correction of Bitcoin Dominance will also help in growth. Paper hands are sold, MM and Whales land weak hands, and at this time they themselves buy off significant volumes. There is not much time left for the good, and many will bite their elbows!

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

The summary of the news #crypto

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

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

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

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

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

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

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

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

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

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

11) The SP500 & Nasdaq correct on the US market

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

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