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Mello
4 days ago
Daily Memecoin Recap - June 27

The market is still struggling to find a concrete meta

In this market, the key is to adapt & be versatile

Trump vs Biden Debate
$usa -> $16 .6m to $43m (2.6x from the low)
$usacto -> hit $3m , "America CTO"
$bboden -> hit $583k , POTUS as a redacted baby
$joever -> hit $550k , "It's Joever"
$sloe -> hit $450k , "Sloppy Joe"

Gavin Newsom Replacing Joe Biden
$noosum -> $1 .1m to $9 .2m (8.36x), redacted Newsom
$newsum -> $440k to $3 .4m (7.7x), another redacted Newsom
$newsom -> $91k to $2 .3m (25.5x)
- After Joe Biden's poor performance, people are saying that democrats should replace him with GavinNewsom

Viral Meme "Daddy Chill" Launch
$chill -> hit $4 .75m,

Amber Rose Launch
$muva -> hit $8 .3m,

Kimi Reaches $300m +
$kimi -> hit $330m , heavily bundled, launched on pumpdotfun
$kimi -> hit $1m , "KIMI-burn"

Cat Memes
$sc -> $3 .5m to $9 .9m (2.82x), "Star Cat", strong CTO
$bobby -> $1 .4m to $6 .6m (4.71x), CTO
$tiny -> hit $1 .7m, dev is doxxed, using his own cat

Dog Memes
$spot -> hit $1 .8m, 180+ people in vc
$bullseye -> hit $470k , "Target Dog", CTO

Long-Term Cooks
$popcat -> $220m to $625m (2.84x from the low)
$ponke -> $131m to $232 .9m (1.77x from the low)
$michi -> $44m to $155m (3.52x from the low)

More Plays
$aura -> $4 .9m to $11m (2.24x), good team
$spike -> $595k to $1 .8m (3x), another $spike launched which seemed like a honeypot, people bought into the OG spike for a bounce
$moonwif -> $120k to $420k (3.5x), launched on dexscreener's moonshot
$otty -> hit $1 .8m, Otter Meme, CTO

CTO's are a meta in & of itself.

Most of these CTO coins would not have pumped as much if the dev never sold
Tristan Tate
6 days ago
The USA age of consent should be decided on a federal level.

Europeans don’t get how a 20 year old man can have a 17 year old girlfriend, date her for months, then drive 1 mile away from his house across a state border and have committed statutory rape and face 15 years.

Raise it even! But it should be the same in every state.
Bankless
13 days ago
Is OP_CAT the missing piece for BTC L2s?

This opcode has everyone talking; what does it do?

A beginner's guide 👇

Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.

What are Bitcoin's builders waiting for?

One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.

Let's dig into why this opcode could be so transformative for BTC 👇

What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.

Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.

The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.

Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.

Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.

Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.

Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.

Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.

As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!

Written by
WPeaster
Mello
14 days ago
Daily Memecoin Recap - June 17

0xKitchen cooked hard

Today was one of the craziest days in a while, you're going to want to read this one

Binance replies about billy
$billy -> hit $65m , CTO
- This meme grasped most of the attention
- It kickstarted the dog meta
- It was CTO'd 10+ times

Memes based on billy
$ouppy -> hit $4 .4m same pic as billy, launched before $billy
$bobby -> hit $3 .4m, golden retriever like $billy
$gireumee -> hit $2m , real name of $billy dog
$niggy -> hit $829k , black $billy

Dog meta resurfaced after $billy 's success
$dbtg -> $478k to $1 .4m (2.93x)
$bicho -> hit $5 .4m, CTO, "bichon frise" dog breed
$doggy -> hit $4 .1m
$willy -> hit $2 .1m, CTO
$milly -> hit $825k
$mocha -> hit $552k , CTO
$grumpo -> hit $500k , good team, infinitely memeable

Donald Trump allegedly launched a coin
$barron -> $1 .2m to $7m (5.8x), Donald Trump's son Barron leading the launch
$djt -> $50k to $4m (80x), old Trump coin pumped on the news
$djt -> hit $450m , believed to be the real one, MartinShkreli said it's real on spaces
$psmdt -> hit $578k , "please save me donald trump"
- PirateWires reports that realDonaldTrump is launching a coin on solana
- Draining liquidity from the market, all eyes on this
- Other Trump coins dumped, since they would become larps of the real one

Mystery launch
$ngmi -> hit $365m
- Extremely anticipated with thousands of members in the telegram pre-launch
- Plenty of KOLs on board

Rizz launch
$rizz -> hit $90m
- Very hyped launch solgotrizz
- Got sniped hard, hence the major retracement

Waka Flocka launches
$flocka -> hit $15 .4m
- WakaFlocka has been teasing for days
- People were looking forward to this launch as he sounded serious about it
- He only posted the contract address when it was already at $5m market cap

Fake Ryan Garcia coin launches
$garcia -> hit $1 .4m
- These fake launches often explode before rugging
- People speculate on these for early entry before the influencer posts the CA RyanGarcia

More cooks
$mgm -> $315k to $2 .1m (6.67x), "most googled man",
$peponke -> hit $4m , $pepe + $ponke
$lulu -> hit $2m , cat coin, 50% burn
$anon -> hit $800k , good art
$camel -> hit $679k , same team as $peipei
$bag -> hit $479k , "Ikea Bag", burnt dev supply
$willy -> hit $454k , same dev as $rif (chinese wif)

Even with $sol dumping, we were blessed with countless opportunities today

Can't wait to see what the rest of the week brings us

What's your game plan for tomorrow?
THE_GEN
17 days ago
$MANEKI on Solana becomes the first memecoin to be interviewed by the New York Stock Exchange.

It's impossible not to see the massive usage, adoption and growth of #SOL
Pokemon
17 days ago
Bonfida the home of Solana Name Service which helps usability on Solana by allowing users send and receive without using long wallet addresses but rather simple names has just airdropped ~700K $FIDA to users with a primary .SOL domain name on #Solana , which can be claimed on their website https://www.sns.id/
Bankless
20 days ago
Trump voiced support for more domestic BTC mining and wants remaining coins 'MADE IN THE USA!!!'

What you should know + our take 👇
Trump
1 month ago
I will ensure that the future of crypto and #Bitcoin will be made in the USA…I will support the right to self custody to the nations 50 million crypto holders!
Crypto Degen
2 months ago
https://www.pump.fun/uuf9s...

I just launched $NBPTKITTY on pump fun. Please check it out and buy if you like.

My background: I am an SWE and started working on crypto market for 3 months. I have a better project coming on based on USA politics (with games in it). That will be huge. This project is to starter and build a community before going to the big one and the community people be heavily rewarded the in the later project.
Bullverse Usernames
2 months ago
Username : @USA is avaiable for 0.55 Sol or Highest Bid Price .
DM .
Lexi Next
2 months ago
Its possible that the "Depression" Phase has arrived at a higher base price level. If the chart holds these levels, we could see a second cycle. Most of Europe hasn't seen this gem yet, as it was launched in the Night. Also it was launched on Friday even in the USA where many people are out. Let em wake up. I have shared this project in my communites of over 600 people. Organic !
LuisSolana
2 months ago
Calling all bulls, $JEETO is gonna send

CA: A9pvkr5bDG2orUSAd6ujNwBri3UvdaTChRLRzpm3VnnP

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