The Kitten Show: Road to Succes in Web3 🎙️
14.11.2024 / 4 PM UTC

Discover key strategies and insights to navigate and succeed in the fast-evolving Web3 landscape.

Our amazing Speakers:
MusicProtocolX sheertopia DaffiWallet
defidotoken Ginnanthecat

https://x.com/i/spaces/1yN...

Daily Memecoin Recap - October 31

Million dollar runners is the norm at this point 🤫

TheCat Burns Bundled Supply
$thecat -> $7 .25m to $13 .2m (1.8x)
- 21% of supply has been burned
- Roughly $2 ,000,000 worth

Solana Foundation Cat
$hima -> hit $22m
$hima -> hit $835k , solana official mascot cat
- 50% of supply sent to the solana foundation

RIP ETH
$ripeth -> hit $16m
$eth -> hit $360k , #retardio + $eth
- Literally rip $ETH

Bome Dev Rumour
$㊙️ -> hit $2 .2m
- Launched with $bome like art
- People speculated that it was somehow connected to the $bome deployer wallet
- Currently sitting at $44k

OpenAI Mascot
$sky -> hit $5 .1m
- kevinweil confirmed its name on reddit

Election Soon
$47 -> $1m to $14m (14x), devs clipped, now slowly climbing up again
$deep -> hit $1 .9m, the deep state
$honor -> hit $1 .7m
#freedom -> hit $315k

Artificial Intelligence
#project89 -> $6 .3m to $26 .2 (4.2x)
#zerebro -> $4 .2m to $15 .7m (3.7x)
$ib -> $530k to $11 .6m (21.9x)
$matrix -> hit $3m , Roko's Matrix
#logos89 -> hit $1 .8m
$moksha -> hit $1 .6m
$pp -> hit $995k , PumpPad AI

Retardio
#retardio -> $115m to $185m (1.6x)
$rzack -> hit $2 .7m, #retardio + $zack , MrZackMorris

Sigma Goes For ATH
$sigma -> $51m to $94m (1.8x)

More Cooks
$rzlr -> $3m to $14 .7m (4.9x), the rizzler
$earl -> $1 .7m to $9 .1m (5.3x)
$fridge -> $1 .5m to $5m (3.3x)
$snoo -> hit $9m , Reddit Mascot
$hat -> hit $6 .1m, first no-code AI agent launchpad on solana
#pumpcat -> hit $2 .4m
$pnut -> hit $2 .1m, pet squirrel
$cape -> hit $1 .1m, crazy ape
$copium -> hit $930k
$luchi -> hit $845k , $LUCE + $MICHI
$ks -> hit $840k , kittyspin
$aqutan -> hit $820k
$cone -> hit $770k , cone cat
$derg -> hit $760k , dog meme
$gamma -> hit $730k , $giga beta
$bangy -> hit $720k , cat meme

What are you bidding?

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?

Study these tickers

https://x.com/monkeypoxsol...

$POX aped at $12M MCAP - 78M
(510% 📈) way to 100m

Chart
https://dexscreener.com/so...

#POXONSOL

https://x.com/Ginnanthecat...

$GINNAN aped at $12M MCAP - $16 .3M (14%📈)
$100M - $300M MCAP

Chart
https://dexscreener.com/so...

#GINNANONSOL
#SOLANAGEMS

Holding an open discussion on 𝕏, BitGo’s Mike Belshe joined Justin Sun and original WBTC contributor Meow to address concerns about WBTC custody changes.

Earlier this week, BitGo announced changes to WBTC’s existing custody model that included distributing influence across several parties and geographic jurisdictions.

The move drew a wrath of criticism from the cryptocurrency community, notably due to the involvement of Tron founder Justin Sun.

Seeking to clear the air, Jupiter co-founder and original WBTC contributor Meow welcomed BitGO CEO Mike Belshe, Justin Sun, and BitGlobal representatives to a public forum to shed some light on the situation.

MIKE BELSHE PUTS BTC USAGE CONCERNS TO REST
One of the key concerns outlined by the crypto community following BitGo’s original announcement was what the Bitcoin used to back WBTC would be used for. Acting as a voice for the crypto community at large, Meow posed the question of BTC utilization to BitGo CEO Mike Belshe.

Assuring over 5,000 captivated listeners, Belshe put their nervous minds to rest, highlighting that “when you put [Bitcoin] inside of a trust company you’ve got it wrapped in a mechanism which has got a fiduciary responsibility in a very legal way.”

Reinforcing his statement with additional context, Belshe acknowledged that people’s “number one question” was that “the bitcoin behind [WBTC] is not gonna get hypothecated, rehypothecated, lent out, used, taken, put somewhere else.”

Highlighting the legal constraints of BitGo’s position, Belshe assured listeners “The regulatory construct that we have makes it so that it’s actually illegal to do that.”

A TRANSFER OF TRUST?
Part of the BitGo X GitGlobal collaboration means that multi-signature keys with access to custodied assets will be distributed across several companies. While on paper this aids in decentralization and security, Meow and the community raised concerns regarding the involvement of BitGlobal, a relatively new and unknown entity in the space.

By transfering ownership of keys, Meow theorized that the “transfer of trust will take a long time” arguing it could be “quite a hard pill for the community to swallow”.

Responding to Meow’s claims, Belshe asserted “BitGo is not asking you to take the same trust that you had in BitGo and just give it to somebody else.”

Hammering his point home, Belshe contended that decentralization remains one of the strongest security measures available. Posing the rhetoric, Belshe asked “Is it more secure to have the two parties, or is it more secure to have BitGo hold two keys?”

THE JUSTIN SUN FACTOR
The announcement of Justin Sun’s involvement in the arrangement has been one of the collaboration’s biggest items of contention. Some long-standing crypto protocols like MakerDAO have argued that Justin Sun’s involvement adds an “unacceptable level of risk” to WBTC, proposing to reduce their WBTC exposure to 0.

Justin Sun’s commentary during the forum was admittedly brief. Downplaying his role and involvement, the controversial figure noted “the protocol, how to mint, how to burn and also the transparency and all the procedures remain the same.”

Adding further clarity, Sun contended “other than some of the keys being moved out of the U.S., I don’t really think there is much difference.”

Beyond assuring listeners that nothing had changed, Sun revealed his vision for the future of WBTC. Positing that “not everything we do is purely to make money” Sun believes the team should focus on expanding WBTC market cap, TVL, and helping the asset establish a presence of more blockchains.