Not every red candle is the start to a crash

Understand whether you're trading conviction or gambling for a quick flip

Stop looking at 1 second charts

Zoom out

You don't have to win every trade to be profitable

Profitability depends on so many factors other than just your win rate

Once you understand those factors, you will win

There is no "WAGMI" in the trenches

This shit is pvp to the core

Once you understand that and you stop being a community member

You will make money

Daily Memecoin Recap - November 12

Great volume, multiple metas are running

Next Harambe
$eyare -> hit $3m
- Gorilla unexpectedly passed away during a move within the gorilla enclosure
- She was just 2 years old

Goat Is The First Pump Fun To $1B
$goat -> $438m to $1b (2.3x)
- First coin to 1 billion market cap launched on pumpdotfun
(many more to come)

Elon Musk D.O.G.E.
$doge -> $142m to $423m (3x), good team on $eth
$doge -> $1 .3m to $51m (39.2x)
$vivook -> $40k to $431k (10.8x), pumped after Vivek announced working with Elon on D.O.G.E
#mechazilla -> hit $692k , SpaceX mascot
- Elon Musk will be working with Vivek Ramaswamy on the "Department Of Government Efficiency"

McDonald's New Mascot
$•ᴗ• -> hit $1m
- Based on a McDonalds tweet

Peanut's World
$pnut -> $397m to $892m (2.2x), continues to pump after binance
listing and as elonmusk
tweets about it
$fred -> $19m to $45m (2.4x)
$peanut -> $4 .1m to $10m (2.4x), $pnut derivative
$actp -> hit $6m , $act + $pnut

Animal Meta
$bongo -> $28m to $72m (2.6x)
$sad -> $296k to $2 .3m (7.8x)
$maya -> $8 .4k to $1 .7m (202.4x), CTO sent this high
$jorgie -> hit $4 .2m, a monkey taken by police
$loaf -> hit $715k , spinoff of a dog shaped like a loaf

AI Meta
$bully -> $1 .8m to $12 .8m (7.1x)
$mist -> hit $25m
$banana -> hit $18 .5m, leveraging the “Banana for Scale” meme tied to SpaceX
$djpump -> hit $11m
#synthia -> hit $2 .9m
$sam -> hit $2 .9m
$actiii -> hit $718k , another Act derivative
$circe -> hit $525k
$acta -> hit $342k , spinoff of the AI Act

More Cooks
$rizo -> $790k to $7 .2m (9.1x)
$lapupu -> $79k to $4 .5m (56.9x)
$dtf -> hit $11m
$badcat -> hit $5 .8m
$momo -> hit $5 .5m
#understand -> hit $5 .2m
$aika -> hit $3 .5m
#paperdog -> hit $2 .3m
$blue -> hit $2 .1m
#oracl3 -> hit $1 .8m
$2249 -> hit $1 .2m
$x -> hit $824k
$if -> hit $500k

AI, animals, what's next? 👀

Daily Memecoin Recap - October 23

Hyped Launch Rugs
$shar -> hit $59m
- I apologize for deleting my post. I was reacting out of panic & disbelief, I acknowledge this was a mistake.
- I usually never shill any coins, but truly believed that this was going to be a runner & even top blasted my self
- I was told by very reputable people that this team was legit & that they had 8 figures to inject
- I got fucked. I thought the team was vetted: they showed me a custom trading bot that they were building
- They also showed me a validator where they had committed millions of dollars
- I was led to believe that they were building an entire ecosystem
- Dev sold $3 ,380,000 in 1 clip

Crash Wants A Pump Fun
$pstar -> hit $11 .6m
- CrashiusClay69 says that there should be a pump fun coin that reaches the top 200 coins and that "someone should change that"
- People speculated the pumpstar was his coin based on his coded tweets
- He then tweeted that he won't be the one making a pump fun to reach the top 200 because $sol is full of jeets

First Verifiable AI
$ant -> hit $25m
- Launched through
AnthropicAI's latest Claude feature
- Verifiable proof that it's actually an AI agent that's in charge of the coin (unlike other AI coins)

Goat Keeps Running
$goat -> $145m to $797m (5.5x)
$catgf -> $10 .4m to $21 .6m (2.07x)
$scoop -> hit $31 .4m, "Truth Terminal's First Token"
$exo -> hit $4 .5m, truth terminal's dog
$ygg -> hit $4 .48m,
AndyAyrey tweet
$exo -> hit $4 .15m, truth terminal's cow
$kleros -> hit $1 .4m, AndyAyrey tweet
$tim -> hit $1 .4m, truth terminal's name
-

Artificial Intelligence
#fartcoin -> $29 .4m to $74 .7m (2.5x)
$flavia -> $36m to $73m (2.02x)
$act -> $17m to $50m (2.94x)
$shegen -> $11m to $24m (2.18x)
$zeno -> hit $25 .6m
$flux -> hit $3 .23m
$larpAI -> hit $2 .44m
$clinst -> hit $2m
$snarc -> hit $1 .54m, the first AI (1951)
$babel -> hit $600k
#flavian -> hit $544k

Terminal Of
$fun -> $1 .6m to $5m (3.12x), terminal of fun
$meme -> hit $3 .6m, terminal of memes
$tol -> hit $2 .43m, terminal of life
$tos -> hit $2 .11m, terminal of solana

Bobo Launches on Sol
$bobo -> hit $641k (wormhole)

More Cooks
$wmm -> $4 .57m to $20 .52m (4.49x), weird medieval memes
#memesAI -> $334k to $18 .6m (55.5x), launched 1 week ago, blasted past ATH
$e /acc -> $3 .32m to $18 .5m (5.57x)
$mark -> $3m to $14m (4.6x),

$koto -> $1 .19m to $7 .33m (6.15x)
#realchad -> $365k to $2m (5.48x), NonAI Giga Chad
$xvi -> hit $10m
$the -> hit $8 .57m
$crymne -> hit $6m
$fwogmi -> hit $2 .42m, female $fwog
$156 -> hit $2m
$hello -> hit $1 .88m, "hello, world", software devs will understand
$bop -> hit $1 .65m, cat meme
$gjsm -> hit $1 .6m
$tarot -> hit $1 .6m
$mdao -> hit $1 .45m
#suyasuya -> hit $1m
$888 -> hit $878k , abundance, angel number

I'm having trouble understanding, are level rewards different from activities?

I'm having trouble understanding, are level rewards different from activities?

Should you invest in memecoins & which ones should you buy?

Buying memes is essentially a high leveraged bet on Bitcoin & crypto as a whole

Memes are the chosen narrative this cycle -> as $btc surges -> memes go up 100x

For conviction bags, focus on memes above $10m market cap:
- Block out the noise and ignore low-cap shitters
- Focus on cult-communities
- Focus on cabal memes

Most importantly, have a clear exit plan. Understand that once bitcoin enters a bear market, most memes will become obsolete

In the meantime, we focus on making generational wealth

I have a question for the #PERMABEARS who keep talking about a crash:

Are they in full stablecoins? Will they FOMO when we hit a new ATH?

Because listening to them, #Bitcoin goes to 40k, but when it pumps, they say they make gains. 🤡🤡 So I don't understand

Freedom only exists within the extremes at the two ends of the spectrum.

And most of you live within the average, do you understand?

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.

Soon it will be too late, do you understand?

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. 🚀

Marinade Finance, one of Solana’s original staking providers, has found itself in hot water with validator operators.

Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.

Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.

Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.

Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?

WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.

To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.

This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.

Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.

Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”

Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”

Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”

Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”

In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.

However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”

Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”

Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.

Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”

While you don't believe that the bull will hit NFT, let's figure out when it will happen 🤔

It has already happened. Why don't you understand where the liquidity has stagnated in the market, and what trend will conquer the market next?

Where is the next rocket? New SocialFi, shields in another chain? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity is quietly flowing into already familiar channels, and the NFT market has already given it a local zazu 👋

It's even funny that the projects that were raped by sybils during the retro fever, holders of cult NFTs on the air were given more awards than their "faithful" adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.

Last season's NFT bull run had just a few vessels to accumulate liquidity in - the CryptoPunks and Bored Ape Yacht Club collections. Then demand cut off supply, leading to incredibly high price expectations and hopes, and liquidity leaked into other random ETH collections and other chains. Boom, the bubble burst, something that can never be repeated.

We now have many chains with NFTs, liquidity and attention are spread out, and there is no single major trend in a select few NFT collections. But NFTs are here to stay, and they continue to grow as a category. And locally, that will never stop.

While you don’t believe that the bull will be affected by NFTs, let’s figure out when this happens 🤔

Already happened. Why don’t you understand where liquidity has accumulated in the market, and what trend will conquer the market next?

Where's the next rocket? New SocialFi ? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity imperceptibly flows into already familiar channels, and the NFT market has already given a promise locally 👋

It’s even funny that the projects that were raped by the sibils during the retro fever were given more awards to the holders of the cult NFTs on air than to their “faithful” adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.

Last season's NFT bull cycle only had a few vessels to accumulate liquidity in - the CryptoPunks collections and the Bored Ape Yacht Club . Demand then cut off supply, leading to incredibly high price expectations and hopes, with liquidity leaking into other random collections on ETH and other chains. Boom, the bubble burst, it can never be repeated.

We currently have many NFT chains, liquidity and attention are spread out, and there is no single major trend across a select few NFT collections. But NFTs are here to stay and continue to grow as a category. And locally it will never stop.

I don't think you guys understand what an actual bullmarket looks like

every single altcoin on a CEX 5-50% up on the day. persistently rotating for 3-5 days, a quick 24h correction, resume

for months

masses collectively throwing high 8 figures into every yield ponzi there is

BTC rallying so hard it paralyzes the entire market, but at first sign of consolidation alts absolutely rip

BTC consolidations after face-melting rallies are met with complete reset in OI/funding. one can not believe their eyes. price while derivatives cool off? fucking sideways - local TA gurus call bullflags. resume up shortly.

once BTC is done, ETH pulls an ever stronger rally, you'd think it was a 100M mcap memetic being shilled by local cabal. brings the entire market up, altcoins start having weeks, months of inhumane moves

the only caviat are devastating short-term corrections to wipe the leverage, alas, riding longs from much lower and/or longing these wicks is a 99% safe play. hell, I'd say 100%, but some of you will 100x leverage an altcoin if I say that.

your spot bags? depending on where you're at in your journey, you're looking at watches, boats, planes, houses. hell, some will probably be looking to buy islands and superyachts.

and if you think, just for a second, you can come up with an actual good reason we're not getting that again for at least few months in the near future, you're delusional.

your downside risk is 50, 70%. boo-hoo. your upside is generational wealth that will make every ex-girlfriend pull their hair out for losing you.

strap in, because it's coming, this time is indeed not fucking different. I advise against listening to influencers that already made it and are here to unload their seed investments on you

I don't need to do that, I'll unload on the tourists at the top.

BTC, the price is still holding the local support zone. To reach the upper limit of the pattern, a breakdown of 60,000 and a consolidation above is required. There is also a breakdown and consolidation of the 62,600 level. Let me remind you that Bitcoin has been inside the pattern for at least 4.5 months. And it trades inside it. The main movement in the crypto market. I expect 70,000-73,000 after the breakdown of the key resistance zone. Everything else will be just local movements.

withdrawal from exchanges exceeds input - correlation

Altcoins, market makers and whales have achieved their goal, many sell in the negative leaving the market. Many people no longer have faith in the crypto market, some believe that the cryptocurrency will go to the scam. All these are the stories of people who do not even understand the cycles and cyclicity of bitcoin and altcoins, including. I expect the start of growth in altcoins after the breakdown of 70,000-73,000 for bitcoin. Rates are more likely to be lowered in September. Which will give an impetus to growth. It is clear that this will not be a lightning-fast growth! Steady growth, and the price began to move up towards the altseason.

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

In a move that could significantly reshape the Solana DeFi landscape, Renzo Protocol and Jito Network have joined forces to introduce $ezSOL , the first-ever Liquid Restaking Token (LRT) on the Solana blockchain. This groundbreaking partnership combines Renzo's expertise in liquid restaking with Jito's MEV-enhanced validator network, promising to unlock new levels of capital efficiency and yield optimization for Solana users.

JITO'S RECENT FORAY INTO RESTAKING
This development comes just weeks after Jito, a leading Solana liquid staking protocol, officially entered the restaking market. The protocol released Jito Restaking, an open-source module designed for the Solana blockchain, supporting both staking, restaking, and LRTs. This move signaled Jito's ambition to expand its offerings and capitalize on the growing interest in restaking within the Solana community.

Renzo brings a wealth of experience from successful Ethereum protocols like EigenLayer and Symbiotic, where it currently boasts a TVL of $1 .28 billion, having reached a peak of $4 billion in June.

UNDERSTANDING LIQUID RESTAKING TOKENS(LRTs)
Restaking, a concept gaining traction on Ethereum, allows users to restake their staked assets to secure additional networks and protocols, thereby earning additional rewards. LRTs take this a step further by providing users with a liquid representation of their staked assets, which can be used across various DeFi protocols while still earning staking rewards.

$ezSOL : UNLOCKING NEW POSSIBILITIES
$ezSOL , minted using JitoSOL as the underlying staked asset, leverages Jito's MEV-enhanced validator network to offer users the potential for compounded rewards from staking, restaking, and MEV extraction. This unique combination makes $ezSOL a powerful tool for maximizing yield within the Solana DeFi ecosystem.

New change requires DEATH

Do you understand?

The richest man in the World tweeted this,

DO YOU UNDERSTAND?

There is a different version of reality that most people will die without experiencing.

Do you understand?

💬 “If you don’t believe me or don’t understand, I don’t have time to try to convince you, sorry.”

Satoshi responds to Dan Larimer, who questioned the scalability of Bitcoin 14 years ago today.

💥 Understand that you are simply ahead of the rest of the world. #Bitcoin is only a few years old, it is something very recent, just like the internet was before the 2000s.

Today, the richest own #Bitcoin , while the masses will tell you: "Your thing is a scam."

- Today, everyone uses the Internet.
- Tomorrow, everyone will use cryptocurrency, because CBDCs are not a question of “if” but “when”.

#Bitcoin : we are simply in a mid-cycle correction.

Understand that we haven't seen anything yet

Breaking new all-time highs in TVL every month this year, Solana LSTs (Liquid Staking Tokens) have established themselves as one of the fundamental pillars of the ecosystem.

Yet, despite its growing popularity and the wealth of benefits, only 6.4% of all staked SOL is liquid staked, suggesting plenty of Solana users still have some lingering questions about LSTs.

What is liquid staking on Solana? How do Solana LSTs work and why should Solana users consider leveraging LSTs to optimize their DeFi strategies?

With one of Solana's longest-standing protocols launching liquid staking services, there's never been a better time to refresh your knowledge.

What is Liquid Staking MEV?
MEV, or Maximum Extractable Value, is an umbrella term that covers a range of profit-generation strategies and arbitrage opportunities that occur within block production.

For example, by rearranging the order of transactions within a processing queue, MEV tools can profit from mismatched prices in liquidity pools across different DEXes. Some Liquid Staking providers, like Jito, eliminate MEV spam transactions and pass these rewards on to stakers, effectively boosting their staking rewards.

To date, Jito has captured over 31,000 SOL in MEV fees, sharing a percentage of these fees with over 100,000 active accounts who liquid stake their SOL tokens through the Jito protocol.

What are the Benefits of Liquid Staking?
Liquid staking has become a key component of Solana’s DeFi landscape, and for good reason. Here’s why:

1. Earn staking rewards without locking SOL - Solana LSTs make it possible to continue earning generous staking rewards, without losing immediate access to your staked assets.

2. Expanded liquidity and DeFi strategies - Users can leverage their LSTs to capitalize on DeFi yield generation strategies, while still earning staking rewards.

3. Contribute to Solana’s security and decentralization - By liquid staking SOL tokens, users help to further decentralize and secure the Solana network by delegating SOL across a variety of validators.

What are the risks of liquid Staking?
While there are plenty of reasons to use liquid staking on Solana, it’s not without its flaws. Some of the risks associated with Solana LSTs include:

Smart contract risk - LST protocols rely on smart contracts to operate. If any of these contracts is exploited by a malicious actor, stakers could be a
risk of losing their funds.

LST price depeg - Despite typically maintaining their pegged value, LST tokens on other blockchains have fallen victim to temporary price depegs in the past. This could be problematic during black swan events or periods of market turmoil.

Where Can I Liquid Stake my SOL Tokens?
Now that you’ve got a better understanding of how liquid staking on Solana works, let’s recap some of the most reliable and trustworthy liquid staking providers in the market

ANNOUNCING STEPSOL - POWERED BY STEP FINANCE & SANCTUM

STEPSOL
Entering Solana's flourishing LST landscape for the first time, Step Finance is one of the oldest Solana applications in the ecosystem. Doubling as an intuitive portfolio dashboard and a comprehensive DeFi and NFT analytics platform, Step recently expanded its extensive product offering to include its LST, stepSOL.

On top of earning generous APY, stepSOL holders are also eligible to earn additional STEP Reward Options, which are claimable every five days via the Step Finance dashboard. Stakers who've already delegated their SOL to the Step Validator can head to Sanctum's Stake Accounts page and convert their stake account to stepSOL.

What's more, Step Finance has partnered with Meteora and will be offering incentivized rewards through the following pools:
•STEP/stepSOL

•xSTEP/stepSOL

•stepSOL/edgeSOL

🚨 The Chinese banking sector has just imploded!

40 banks disappeared in ONE WEEK

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

Small Chinese banks are falling one after the other.

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

3,800 rural institutions are in difficulty.

The problem is COLOSSAL.

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

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

Their solution?

Make the problem disappear!

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

But merging troubled banks only creates bigger troubled banks!

The authorities are overwhelmed:

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

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

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

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

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

https://t.co/RLXGBneYTm

Who else could you even learn from?

DO YOU UNDERSTAND?

Grayscale conducted a survey to understand the opinions and interest of potential voters in investment, cryptocurrencies and perceptions of the financial system. Here are the key points:

Nearly half of American voters plan to include cryptocurrencies in their investment portfolio.

Concerns about inflation strengthen Bitcoin's potential as a hedge against inflation.

46% of voters expect specific policies regarding cryptocurrencies.

Coinbase campaign: Coinbase targets 15% of the population who owns cryptocurrencies and opposes any legislation to restrict them

https://www.grayscale.com/...

💬 Bitcoin could one day replace the US dollar.

This is what Jack Dorsey, the founder of Twitter, says.

He said he was convinced that bitcoin would soon move from being a store of value to becoming a dominant currency.

“It’s going to take a while.”
“It’s not 10 years, but maybe 15. Little by little, people understand the value of this system and why it is so powerful.”

“It could potentially complement or replace the U.S. dollar, which governs everything.”

https://decrypt.co/238168/...