2 days ago
16 days ago
Daily Memecoin Recap - November 17
Sol ATH is ~5% away 👏
Launch AI Agents With A Token
$vvaifu -> hit $128m , vvaifudotfun dasha_terminal
Epileptic Meta
$🟥🟩 -> hit $19 .6m, seizure warning
Binance Dog
$fur -> hit $42m
$baobao -> hit $8 .4m
$maui -> hit $6 .22m, old binance dog from May
$lol -> hit $3 .6m, Lost on Ledger, binance tweet
$marco -> hit $3m , the dog's name
- binance tweeted a dog
- Whenever binance tweets an animal, it usually spawns a coin that goes to multiple millions
Andrew Tate's Dog
$G -> hit $119m
$G -> hit $4 .6m, OG coin launched in June
- Pushed by Cobratate
- 20% of supply sent to Andrew
Doge's Loaf
$loaf -> hit $30 .2m, dog meme, based on a tweet from $DOGE 's founder BillyM2k
GME Mascot
$buck -> $27m to $98m (3.6x), buckthebunny affiliated with gamestop
$buck -> hit $6 .6m
Elon Tweets
$qnn -> hit $6 .9m
$Ω -> hit $4 .3m
Science meta
$scihub -> hit $75m
$uro -> hit $50m . pumpdotscience
Ai16z
#ai16z -> hit $495m
#punk3492 -> hit $26m , a burned cryptopunksnfts
$elize -> hit $23m , ai16zdao
Artificial Intelligence
$eef -> hit $7m
$telos -> hit $5m
$astra -> hit $3 .4m
$gnosis -> hit $2 .3m
Peanut Betas
$ruby -> hit $17 .1m, $pnut beta
$dognut -> hit $12m , $pnut beta
#hazelnut -> hit $7 .5m
$tucker -> hit $1 .7m, Peanut's dog
More Cooks
$rizo -> $6m to $55m (9.1x)
$nomnom -> hit $98m , one of the strongest cults rn
$bueno -> hit $10 .6m
$renzo -> hit $7 .7m, Abdu Rozik's (Hasbulla's nemesis) cat
#marshall -> hit $7m , joerogan's dog
#nohands -> hit $6 .4m
$wabbit -> hit $6 .3m
$bob -> hit $4 .9m, bob the human fish
$ferg -> hit $3 .7m
$time -> hit $3 .3m, it's my time
#inshallah -> hit $3 .2m
$more -> hit $2 .9m, shoulda bought more
$3 -> hit $1 .4m, the three musketeers, realdonaldtrump elonmusk danawhite
$ava -> hit $1m
I have a feeling this week's going to be VERY good
Lock in 🔒
Sol ATH is ~5% away 👏
Launch AI Agents With A Token
$vvaifu -> hit $128m , vvaifudotfun dasha_terminal
Epileptic Meta
$🟥🟩 -> hit $19 .6m, seizure warning
Binance Dog
$fur -> hit $42m
$baobao -> hit $8 .4m
$maui -> hit $6 .22m, old binance dog from May
$lol -> hit $3 .6m, Lost on Ledger, binance tweet
$marco -> hit $3m , the dog's name
- binance tweeted a dog
- Whenever binance tweets an animal, it usually spawns a coin that goes to multiple millions
Andrew Tate's Dog
$G -> hit $119m
$G -> hit $4 .6m, OG coin launched in June
- Pushed by Cobratate
- 20% of supply sent to Andrew
Doge's Loaf
$loaf -> hit $30 .2m, dog meme, based on a tweet from $DOGE 's founder BillyM2k
GME Mascot
$buck -> $27m to $98m (3.6x), buckthebunny affiliated with gamestop
$buck -> hit $6 .6m
Elon Tweets
$qnn -> hit $6 .9m
$Ω -> hit $4 .3m
Science meta
$scihub -> hit $75m
$uro -> hit $50m . pumpdotscience
Ai16z
#ai16z -> hit $495m
#punk3492 -> hit $26m , a burned cryptopunksnfts
$elize -> hit $23m , ai16zdao
Artificial Intelligence
$eef -> hit $7m
$telos -> hit $5m
$astra -> hit $3 .4m
$gnosis -> hit $2 .3m
Peanut Betas
$ruby -> hit $17 .1m, $pnut beta
$dognut -> hit $12m , $pnut beta
#hazelnut -> hit $7 .5m
$tucker -> hit $1 .7m, Peanut's dog
More Cooks
$rizo -> $6m to $55m (9.1x)
$nomnom -> hit $98m , one of the strongest cults rn
$bueno -> hit $10 .6m
$renzo -> hit $7 .7m, Abdu Rozik's (Hasbulla's nemesis) cat
#marshall -> hit $7m , joerogan's dog
#nohands -> hit $6 .4m
$wabbit -> hit $6 .3m
$bob -> hit $4 .9m, bob the human fish
$ferg -> hit $3 .7m
$time -> hit $3 .3m, it's my time
#inshallah -> hit $3 .2m
$more -> hit $2 .9m, shoulda bought more
$3 -> hit $1 .4m, the three musketeers, realdonaldtrump elonmusk danawhite
$ava -> hit $1m
I have a feeling this week's going to be VERY good
Lock in 🔒
1 month ago
Daily Memecoin Recap - October 30
Seems like AI meta is slowly dying out. What's next? 👀
Luce Gets A New Character
#tenebro -> hit $3m , New Mascot of The Holy Church
#tenebro -> hit $1 .45m
$bope -> hit $284k , based pope
- Tenebro is $LUCE 's nemesis
High Volume
$rzlr -> $2 .1m to $10 .1m (4.8x), viral tiktoker, the rizzler
$xeno -> hit $11 .2m, quote retweeting other people's tweets with AI generated art
$mondo -> hit $4 .6m, unique art
$zuo -> hit $1 .1m, funny meme
Doge Betas
$shibu -> $4 .7m to $12m (2.5x), $doge mascot
#dogenes -> hit $4 .9m, greek philospher $doge
$dogat -> hit $3m , cat version of $doge
Artist Launch
$bflyz -> hit $3 .7m
- bflyzone_
Artificial Intelligence
$avb -> $1 .2m to $8 .3m (6.9x), autonomous virtual beings
#himenoAI -> hit $1 .5m
$moksha -> hit $1 .3m
$bbc -> hit $930k , BBC AI...
Maneki Co-Founder Launch
$thecat -> hit $41m
- Maneki confirmed that one of their co-founders launched his own token
Election Meta
$doge -> $740k to $4 .2m (5.7x), Department of Gov Efficiency
$donkey -> hit $5 .2m, based on KamalaHarris
#republican -> hit $2 .3m
$potus -> hit $1 .6m, President of the United States, realDonaldTrump
#garbage -> hit $1m , United States Of Garbage
- Elections are next week👀
Tee Hee He
$tee -> hit $46 .5m, on $ETH
$tee -> hit $1 .2m, on $SOL , beta to the one above
- Rumored to be truth_terminal's eth coin
More Cooks
$ff -> $500k to $2m (4x), platform that lets you launch a fair coin on pump fun
$toro -> hit $13m , Asian character
$btcat -> hit $7 .5m, first cat on chain
$earl -> hit $3m
$mx -> hit $2 .25m, MX69420, beta to $spx (SPX6900)
$bbydev -> hit $1 .45m, the dev is a baby
$snoo -> hit $1 .34m, reddit mascot
$mikro -> hit $845k , redacted MicroStrategy
$brains -> hit $800k
#ct100 -> hit $488k , CT Index, 100 most influential accounts on CT, unique concept
$batcat -> hit $470k , Halloween meta
$mlnr -> hit $430k , Millionaire
$popbat -> hit $210k , $popcat bat
All eyes on $BTC as we hope it breaks past ATH
Will we continue to have a green Q4?
Seems like AI meta is slowly dying out. What's next? 👀
Luce Gets A New Character
#tenebro -> hit $3m , New Mascot of The Holy Church
#tenebro -> hit $1 .45m
$bope -> hit $284k , based pope
- Tenebro is $LUCE 's nemesis
High Volume
$rzlr -> $2 .1m to $10 .1m (4.8x), viral tiktoker, the rizzler
$xeno -> hit $11 .2m, quote retweeting other people's tweets with AI generated art
$mondo -> hit $4 .6m, unique art
$zuo -> hit $1 .1m, funny meme
Doge Betas
$shibu -> $4 .7m to $12m (2.5x), $doge mascot
#dogenes -> hit $4 .9m, greek philospher $doge
$dogat -> hit $3m , cat version of $doge
Artist Launch
$bflyz -> hit $3 .7m
- bflyzone_
Artificial Intelligence
$avb -> $1 .2m to $8 .3m (6.9x), autonomous virtual beings
#himenoAI -> hit $1 .5m
$moksha -> hit $1 .3m
$bbc -> hit $930k , BBC AI...
Maneki Co-Founder Launch
$thecat -> hit $41m
- Maneki confirmed that one of their co-founders launched his own token
Election Meta
$doge -> $740k to $4 .2m (5.7x), Department of Gov Efficiency
$donkey -> hit $5 .2m, based on KamalaHarris
#republican -> hit $2 .3m
$potus -> hit $1 .6m, President of the United States, realDonaldTrump
#garbage -> hit $1m , United States Of Garbage
- Elections are next week👀
Tee Hee He
$tee -> hit $46 .5m, on $ETH
$tee -> hit $1 .2m, on $SOL , beta to the one above
- Rumored to be truth_terminal's eth coin
More Cooks
$ff -> $500k to $2m (4x), platform that lets you launch a fair coin on pump fun
$toro -> hit $13m , Asian character
$btcat -> hit $7 .5m, first cat on chain
$earl -> hit $3m
$mx -> hit $2 .25m, MX69420, beta to $spx (SPX6900)
$bbydev -> hit $1 .45m, the dev is a baby
$snoo -> hit $1 .34m, reddit mascot
$mikro -> hit $845k , redacted MicroStrategy
$brains -> hit $800k
#ct100 -> hit $488k , CT Index, 100 most influential accounts on CT, unique concept
$batcat -> hit $470k , Halloween meta
$mlnr -> hit $430k , Millionaire
$popbat -> hit $210k , $popcat bat
All eyes on $BTC as we hope it breaks past ATH
Will we continue to have a green Q4?
1 month ago
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https://linktr.ee/MaestroB...
Are you tuned in to the full Maestro experience? If you’re missing out, hit up our linktree for all our important channels.
🔗 https://linktr.ee/MaestroB...
Everything you need is just a click away, helping you steer clear of scams and stay on top of the latest and greatest from Maestro.
https://linktr.ee/MaestroB...
2 months ago
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.
3 months ago
Andrew Tate guarantees you success if you join The Real World instead of WASTING YOUR TIME.
“You don’t have time to message stupid girls, or scroll instagram or dm wh*res”
“You don’t have time to message stupid girls, or scroll instagram or dm wh*res”
3 months ago
Russia Will Establish Cross-Border Cryptocurrency Payment Regulations By November
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.
Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.
3 months ago
🇺🇸 Republican Rep. John Rose is proposing a bill to establish a joint advisory committee between the SEC and CFTC on digital assets.
It would consist of 20 representatives from the crypto industry and would aim to allow the sector to provide advice to both agencies on their respective rules, regulations and policies 👀
It would consist of 20 representatives from the crypto industry and would aim to allow the sector to provide advice to both agencies on their respective rules, regulations and policies 👀
3 months ago
📊 Weekly Outlook Charts Sep 2-6:
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
Weekly Outlook Sep 2-6 (Breadth Indicators) for INDEX:MMTH by SolenyaResearch — TradingView
In the top chart we have INDEX:MMTH which shows how many stocks are above their 200 D MA expressed as a percentage. When 70% or more of stocks are above their 200 D MA, it can be seen as over exuberance which can lead to a short term decline as investors take profits on riskier stocks to rotate in l..
https://www.tradingview.com/chart/MMTH/pJU7vnfN-Weekly-Outlook-Sep-2-6-Breadth-Indicators/
3 months ago
4 months ago
📊 Weekly Outlook August 19-23:
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
4 months ago
🇳🇬 A Nigerian man files a lawsuit to overturn the ban on the possession, use and trading of #Bitcoin in the country.
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
The lawsuit seeks, among other things, to lift the blockade on crypto exchanges, in order to guarantee all Nigerians unlimited access to tools to hedge against inflation.
https://x.com/dgr8otudor/s...
4 months ago
According to ArkhamIntel $3 .1B BTC moved by Mt. Gox Last night 33.96K BTC ($2.25B) to addresses are most likely BitGo.
BitGo is the 5th and final custodian working with the Mt. Gox Trustee to return funds to creditors.
After these transfers, Mt. Gox now holds 46.16K BTC ($3.06B).
BitGo is the 5th and final custodian working with the Mt. Gox Trustee to return funds to creditors.
After these transfers, Mt. Gox now holds 46.16K BTC ($3.06B).
5 months ago
🐧🚀PengyOS is a beacon for web3 memecoins, always innovating & providing updates.✨
Huge thanks to our volunteers & community! 🎉
4 months strong with incredible progress.✅
Proof of work is clear.💎
Pengy & Degens continue their mission in Africa! 🌍✨
Huge thanks to our volunteers & community! 🎉
4 months strong with incredible progress.✅
Proof of work is clear.💎
Pengy & Degens continue their mission in Africa! 🌍✨
5 months ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
5 months ago
🚨 Mt. Gox will distribute Bitcoin and Bitcoin Cash refunds starting July 2024.
“The Rehabilitation Trustee will begin Bitcoin and Bitcoin Cash reimbursements to cryptocurrency exchanges in due course.”
“Refunds will be made from the beginning of July 2024.”
“We have taken the time to ensure safe and reliable repayment to creditors, including technical solutions for secure repayments, compliance with each country's financial regulations and discussions on repayment terms with cryptocurrency exchanges.”
“The Rehabilitation Trustee will begin Bitcoin and Bitcoin Cash reimbursements to cryptocurrency exchanges in due course.”
“Refunds will be made from the beginning of July 2024.”
“We have taken the time to ensure safe and reliable repayment to creditors, including technical solutions for secure repayments, compliance with each country's financial regulations and discussions on repayment terms with cryptocurrency exchanges.”
6 months ago
Daily Memecoin Recap - June 19
I missed the animal meta ngl
Dog meta
$bunny -> $87k to $1 .5m (17.2x), CTO
$vini -> hit $1 .5m, shiba inu aiming to rival $billy
$blinder -> hit $1m , peak blinders dog, CTO, called by KOLs
$sd -> hit $770k , shark dog, beta to $sc (shark cat), CTO
$camo -> hit $750k
$teddy -> hit $500k , golden retriever, burnt dev supply
$teef -> hit $450k
Cat meta
$pocat -> $265k to $2 .2m (8.3x), did an airdrop today
$lily -> hit $10m
$bebe -> $8 .7m
$ncat -> hit $1m
Mario Nawful claims that family members confirmed that $djt was related to Trump
$djt -> $78m to $176m (2.25x),
$barron -> $1 .65m to $6m (3.63x),
realDonaldTrump's son
$djtc -> hit $620k , "ShkreliTrumpTateAnsemRoxinu69", degen
Andrew Tate Puts Out A Poll: $daddy vs $rnt
$rnt -> $5 .25m to $15 .4m (2.93x), pumped as soon as the poll was posted, most thought
moved on from $rnt
$karma -> $51k to $730k (14.3x)
Landwolf Continues To Push
$wolf -> $47m to $102m (2.17x), heavily bundled with some of $brett 's team members
George Santos Posts A Pumpfun
$Q -> hit $4 .3m,
, possibility of his account being hacked
Matt Furie Memes
$brett -> hit $940k , " brett on $sol "
$sendy -> hit $2 .5m, "Dog by Matt Furie",
More Cooks
$asSol -> hit $3 .5m
$cityboys -> hit $968k , normie approved
$gilly -> hit $800k , goldfish meme
$king -> hit $500k , fake
coin, he followed their twitter
$fart -> hit $430k , fart noises
Watch out for coins that launch where a certain influencer is following their twitter
This is usually someone who sold their account
The buyer then changes the name/identity of the account to fool people into thinking a certain important person is involved
I missed the animal meta ngl
Dog meta
$bunny -> $87k to $1 .5m (17.2x), CTO
$vini -> hit $1 .5m, shiba inu aiming to rival $billy
$blinder -> hit $1m , peak blinders dog, CTO, called by KOLs
$sd -> hit $770k , shark dog, beta to $sc (shark cat), CTO
$camo -> hit $750k
$teddy -> hit $500k , golden retriever, burnt dev supply
$teef -> hit $450k
Cat meta
$pocat -> $265k to $2 .2m (8.3x), did an airdrop today
$lily -> hit $10m
$bebe -> $8 .7m
$ncat -> hit $1m
Mario Nawful claims that family members confirmed that $djt was related to Trump
$djt -> $78m to $176m (2.25x),
$barron -> $1 .65m to $6m (3.63x),
realDonaldTrump's son
$djtc -> hit $620k , "ShkreliTrumpTateAnsemRoxinu69", degen
Andrew Tate Puts Out A Poll: $daddy vs $rnt
$rnt -> $5 .25m to $15 .4m (2.93x), pumped as soon as the poll was posted, most thought
moved on from $rnt
$karma -> $51k to $730k (14.3x)
Landwolf Continues To Push
$wolf -> $47m to $102m (2.17x), heavily bundled with some of $brett 's team members
George Santos Posts A Pumpfun
$Q -> hit $4 .3m,
, possibility of his account being hacked
Matt Furie Memes
$brett -> hit $940k , " brett on $sol "
$sendy -> hit $2 .5m, "Dog by Matt Furie",
More Cooks
$asSol -> hit $3 .5m
$cityboys -> hit $968k , normie approved
$gilly -> hit $800k , goldfish meme
$king -> hit $500k , fake
coin, he followed their twitter
$fart -> hit $430k , fart noises
Watch out for coins that launch where a certain influencer is following their twitter
This is usually someone who sold their account
The buyer then changes the name/identity of the account to fool people into thinking a certain important person is involved
6 months ago
Is the $DJT memecoin actually connected to Trump?
The Solana memecoin reportedly launched by Trump's teen son Barron is mooning, but is it real?
Our analysis 👇
- Unverified Report and Market Impact: Tech, politics, and culture publication
PirateWires posted yesterday on Twitter claiming Donald Trump is launching a token named DJT. Following the post, DJT's trading volume hit $363M in the past 24 hours, and its price surged 385%.
- Speculative Connections and No Confirmation: The report suggested Trump's son Barron, a claim further substantiated by (supposedly) Barron’s best friend, Bo. However, the Trump campaign and organization have not responded.
- Suspicious Posting and Unlocked Liquidity: The contract address was shared in replies to the Pirate Wires post, which, upon analysis, showed DJT's liquidity is not locked, a significant red flag for memecoins, and that the token had a “build-the-wall” feature that could be activated to halt trading.
- KuCoin Funding and Limited Visibility: Further potential red flags come from the fact that the token was funded from kucoincom
, which is inaccessible to U.S. citizens. Also, DJT pools had minimal liquidity visibility on platforms like dexscreener
, working correctly only on specific tools like Dextools.
- Concentration and Trump's Silence: The top owner holds 67% of the supply, a high risk of manipulation. Despite his reputation, Trump has not claimed or bragged about the coin's success, which is unusual for him.
Bankless Take:
The DJT memecoin's surge certainly exhibits all of the hallmarks of a classic crypto grift. The sketchy nature of the source, suspicious dissemination of the contract address, unlocked liquidity, KuCoin funding, limited visibility, and high owner concentration are all significant red flags.
All that said, we don't know for sure one way or the other. In a new era of celebrity memecoins, it's not unreasonable that Trump would be dissatisfied seeing unofficial tickers like $TREMP pump without him getting a take. Further, Pirate Wires is operated by the CMO of venture fund Founders Fund which is run by Trump's close 2016 Silicon Valley ally (and outspoken BTC bull) peterthiel
The Solana memecoin reportedly launched by Trump's teen son Barron is mooning, but is it real?
Our analysis 👇
- Unverified Report and Market Impact: Tech, politics, and culture publication
PirateWires posted yesterday on Twitter claiming Donald Trump is launching a token named DJT. Following the post, DJT's trading volume hit $363M in the past 24 hours, and its price surged 385%.
- Speculative Connections and No Confirmation: The report suggested Trump's son Barron, a claim further substantiated by (supposedly) Barron’s best friend, Bo. However, the Trump campaign and organization have not responded.
- Suspicious Posting and Unlocked Liquidity: The contract address was shared in replies to the Pirate Wires post, which, upon analysis, showed DJT's liquidity is not locked, a significant red flag for memecoins, and that the token had a “build-the-wall” feature that could be activated to halt trading.
- KuCoin Funding and Limited Visibility: Further potential red flags come from the fact that the token was funded from kucoincom
, which is inaccessible to U.S. citizens. Also, DJT pools had minimal liquidity visibility on platforms like dexscreener
, working correctly only on specific tools like Dextools.
- Concentration and Trump's Silence: The top owner holds 67% of the supply, a high risk of manipulation. Despite his reputation, Trump has not claimed or bragged about the coin's success, which is unusual for him.
Bankless Take:
The DJT memecoin's surge certainly exhibits all of the hallmarks of a classic crypto grift. The sketchy nature of the source, suspicious dissemination of the contract address, unlocked liquidity, KuCoin funding, limited visibility, and high owner concentration are all significant red flags.
All that said, we don't know for sure one way or the other. In a new era of celebrity memecoins, it's not unreasonable that Trump would be dissatisfied seeing unofficial tickers like $TREMP pump without him getting a take. Further, Pirate Wires is operated by the CMO of venture fund Founders Fund which is run by Trump's close 2016 Silicon Valley ally (and outspoken BTC bull) peterthiel
6 months ago
TapSwap has been receiving quite the backlash after asking for a 0.5 TON payment from players.
Instead of people farming tapswap, it's farming people with:
- X Ad revenue
- Binance referral reward guaranteed
- 0.5 TON payment guaranteed
Instead of people farming tapswap, it's farming people with:
- X Ad revenue
- Binance referral reward guaranteed
- 0.5 TON payment guaranteed
Sponsored by
Kitten Haimer
15 days ago