Maestros are worldwide! 🌐
That’s why we’ve added three new language chat groups on Telegram.

Talk strategy, share your wins and even score special offers 👀

🤖 Maestro Arabic - https://t.me/Maestro_Arabi...
🤖 Maestro India - https://t.me/Maestro_India
🤖 Maestro Tagalog - https://t.me/Maestro_Tagal...
🤖 Maestro BM - https://t.me/Maestro_Malay
🤖 Maestro Germany - https://t.me/MaestroGerman...
🤖 Maestro France - https://t.me/MaestroFrance

GM BullVerse! MagicRaidMoney bot is now offering a 7-Day Free Trial to experience this one of a kind bot for your community! The MIM community has now had almost 900 raids and nearly 1,000,000 MIM has been rewarded using MRM! Come see why we can't possibly go back to using any other bots for our raids!

https://help-mrm.mim-lab.l.../

Why isn't crypto doing anything in this market?

Because we're in this phase 👇

⚡️NITRO is THE Gold Standard for Sniping ⚡️

When you’re the best, you need the best—and that’s Maestro's trading bot.

Maestros are dominating #Ethereum’s trading volume this month. Just wait till you see what's coming next 👀

Snipe with precision. Why settle for less?
👉 https://t.me/Maestro

Mercuryo, a Web3 payments provider, has announced the rollout of Spend, a virtual debit card promising to streamline crypto payments.

Complete with Apple Pay and Google Pay compatibility, Spend facilitates payments directly from Solana wallets to over 90M Mastercard merchants across the globe.

WHAT IS SPEND??
Mercuryo’s Spend allows wallet apps to integrate virtual Mastercard debit cards directly into their applications. Through the Spend Card, Mercury promises to enable the crypto community to use their crypto assets to “spend on anything. Anytime. Anywhere.”

Spend aims to provide a fast and cost-effective method for crypto users to convert and spend their digital assets from their wallets. Beyond the simplicity of Mastercard, Apple Pay, and Google Pay integration, Spend also offers card customization, meaning wallet providers can incorporate their logos into virtual cards.

Spend is fully self-custodial, meaning users have full control over any assets deposited into the card account. Additionally, the platform offers multi-chain support, including Solana, Ethereum, and PolkaDot.

As part of the announcement, Mercuryo teased that several leading Web3 wallets will be adding Spend in the near future. SolanaFloor engaged Mercuryo for comment on the matter but is yet to receive a response.

Why Web3 Needs Better Off-Ramps
Since the birth of the industry, crypto companies have focused tirelessly on streamlining the flow of funds into decentralized economies. According to Mercuryo, “on-ramping is now a user-friendly process, and users can purchase crypto with ease.”

While onboarding has become easier with exchanges and third-party apps readily available, bringing funds back into the real world still poses significant barriers. Mercuryo argues that the biggest struggles facing crypto off-ramping are:

1. Poor UX of existing solutions - Users need to jump through a variety of hoops to withdraw funds. Many platforms are only available in certain regions and popular offboarding platforms offer limited support outside of mainstream cryptos.

2. Bank restrictions - Traditional banks often block payments from crypto-related companies and freeze accounts suspected of interacting with cryptocurrency.

3. Extortionate fees - Third-party apps and intermediaries can charge high fees on crypto-to-fiat withdrawals, discouraging users from transferring funds.

Slow processing times - After becoming accustomed to rapid, permissionless transfers onchain, crypto-to-fiat withdrawals can feel slow and cumbersome.

While the industry loves to discuss and promote progress and efforts toward crypto onboarding, finding seamless methods of getting funds off-chain is equally important.

Mercuryo’s commitment to simplified crypto off-ramps helps to legitimize digital currencies as meaningful financial tools. Through the Spend card, millions of crypto users may be able to enjoy improved access to their funds in real-world contexts, solidifying the role of cryptocurrency in the Web2 world

When I meet Crypto Founders these are the reasons why they love Dubai.

1 - Pro-Crypto Regulations:
2 - Crypto Freezones
3 - Networking
4 - Location & Lifestyle

The Founders' Villa, by the Superteam UAE is a great way to experience Dubai and explore what it has to offer.

https://villa.superteam.fu.../

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.”

“Andrew why do you always work?”

Temi’s rocking the stage and proving why he’s the #1 in music on Solana! 🎸🔥 From guitar to any instrument, there’s nothing Temi can’t master. Big love to all the supporters out there—this is the music revolution you’ve been waiting for! 🎶🚀

https://linktr.ee/temisola...

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.

Memcoin madness on TRON. What I understood in 5 days of intensive research 🤨 You haven't missed anything yet. They are trumpeting about TRON from all the cracks, but we only get it in + / SUNDOG breaks through another ATH (already 270M). Commission fees on Tron are already limited by fees on pumpfan, so it doesn't pass by: ⚡️ Dry Alpha - Prime time for trading 2:00 - 10:00 UTC ;
Why? Because at this time China begins to become active. The Tron is a Chinese palace after all.

There are also rackets during the day (and they can also be deceived by various schemes), but if you study millionaires like SUNWUKONG, today's TROGE, etc., you will notice that they were launched in the morning.

— As blue shields are branded by BASE, so the throne loves the color red, so the bulk of the shooting tokens are copies of already known memes, repainted in red.
Why? For the same reasons that determine prime time - China shows music.

— The throne shields are very volatile. -50% on the throne feels like -10% on corned beef. To put it simply: you liked the shield - wait until it is rolled into -90%

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.

💬 “HOW MUCH is 1,000 billion?
1,000 billion seconds is 31,688 years.
America is going into debt to the tune of a billion dollars every 100 days.
Now you know why you should buy gold, silver and Bitcoin?

Robert Kiyosaki, author of "Rich Dad Poor Dad", speaks out once again on X about #Bitcoin

https://x.com/therealkiyos...

If everybody on earth lost 5kg each our ecosystem would be sustaining the equivalent of 500 million fewer people in terms of biomass.

Think about that.

Which begs the question … why are all eco warriors obese slobs?

🇺🇸 River releases video explaining why the United States should hold #Bitcoin as a strategic reserve asset as proposed by Senator Lummis.

“If the United States could get 5% of the entire bitcoin supply, it could help pay off a significant portion of the national debt.”

https://x.com/river/status...

Aiming to streamline and simplify the Solana user experience, Fuse Wallet has unveiled yet another creative tool. After delivering Solana’s leading multisig solution and developing a seed phraseless smart wallet, Fuse is finally bringing gas abstraction to Solana.

What is gas abstraction, and how does it facilitate simplified applications on the Solana blockchain?

HOW DOES GAS ABSTRACTION WORK
In an eagerly awaited update, Fuse Wallet has finally implemented gas abstraction. A helpful onboarding tool, gas abstraction makes Solana gas payments simpler than ever before by expanding the ways in which users can pay transaction fees.

Through the platform’s Paymaster feature, Fuse Wallet’s native LST (Liquid Staking Token), fuseSOL can be automatically converted to SOL to pay transaction fees. This gives users greater flexibility by enabling them to deploy all their SOL throughout the ecosystem while still enjoying the staking rewards provided by fuseSOL.

Essentially, Fuse Wallet’s Paymaster feature ensures that your wallet always maintains a minimum balance of fuseSOL that is sufficient to pay transaction fees. Kept separate from your main balance, the Paymaster also allows for a daily spending limit of 0.1SOL.

While for now, this might sound as simple as using fuseSOL for transaction fees instead of SOL, the future implications allow for a far more diversified onchain landscape.

WHY IS THIS HELPFUL?
In the future, Fuse Wallet expects that users will be able to pay gas fees using any supported cryptocurrency, like USDC. Successful implementation of gas abstraction means that users are no longer required to hold SOL in their wallets, enabling them to explore the Solana ecosystem with greater freedom and simplicity.

Additionally, gas abstraction will make it possible for applications to cover the costs of network transaction fees on behalf of their users. This feature eliminates a massive friction point that hampers adoption and helps new users join the onchain economy.

Commentators on social media have lauded the move as a bold step forward for crypto onboarding.

🚨 OKX announces the closure of all customer accounts that have interacted with Tornado Cash.

This is why it is essential to leave only the bare minimum on the exchanges.

⚠️ Tomorrow they can close your accounts for any reason.

🔸 Exchange = not your private keys = not your cryptos = centralized

🔹 Wallet (metamask, ledger, phantom, tangem, trezor, etc. ) = your private keys = your cryptos = decentralized

⚠️ Brief analysis of the current situation at macro level for #Bitcoin :

The Federal Reserve 🇺🇸 is at a crossroads between inflation or recession right now

Recently, most people were seeing the possibility of an AGGRESSIVE cut of at least 50 bps, and even the possibility of an EMERGENCY cut prior to the September decision...

However, most confused various readings of the role of the Bank of Japan 🇯🇵 with the role of the FED 🇺🇸 in all this.

The reality is that FOR NOW there is not enough data to corroborate the entry into a recession, so right now the BEST possible scenario would be for the FED to cut rates by 25 bps in September.

Why? 👉 It would mean the official start of the liquidity cycle that we were all expecting, while citizens do not seek immediate refuge from a recession ‼️👀

Otherwise, it would trigger very significant sales due to the drums of a great recession in addition to the breakdown of the carry trade.

We'll see how the data ends up coming in over the next few weeks 🚨

Weekly Outlook Charts: August 5-9:

#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.

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

Daily: Solid rejection off 106/107 level instills confidence of further downside to target.

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

🎯Target at 97 remains.

Doesnt lower DXY mean gains for risk assets like crypto? Not quite..

Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.

The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...

Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.

#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../

Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)

However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.

#US10Y
Below shows the yield curve vs gold.

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

🎯Target for 3000

As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.

Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.

Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market

Tell me why...

$POPDOG with another hit! 🔥🔥💪🐶

Nib dictionary:

1. Nibblet: A tiny piece of the NIB pie.

2. Nib-sters: The coolest chicks in the crypto coop.

3. Nib-ble: When you're just pecking at the market.

4. Nib-rarian: Organizing all the NIB knowledge.

5. Nib-torious: The most famous chick in the game.

6. Nibsterious: The mystery behind why this chick is so frightened.

7. Nib-ergized: Ready to flap those wings and take on the market!

8. Nib-iquity: The state of being everywhere in the meme coin world.

9. Nib-errific: When your NIB investment finally takes flight.

10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.

11. Nib-stitute: When you swap out one meme coin for a better chick.

12. Nib-busters: Taking down all those FUDsters.

13. Nibfluence: The power of the chick over the crypto community.

14. Nib-citement: The thrill of watching your NIBs grow.

15. Nib-servation: Keeping a close eye on your chick’s nest.

16. Nib-accino: The coffee break you take while watching the charts.

17. Nib-compoop: Someone who sells their NIBs too early.

18. Nib-ocalypse: When all the NIB holders go wild at once.

19. Nibstitution: The new chick on the block, ready to replace the old guard.

20. Nib-ified: When you’ve gone all in on NIB.

21. Nib-chael Jackson: Moonwalking through the crypto market.

22. Nib-sanity: When NIB’s price spikes out of nowhere.

23. Nibvengers: The team of NIB heroes ready to save the market.

24. Nib-solutely: When you’re 100% certain this chick is the one.

25. Nib-ception: A chick inside a chick, inside a meme coin dream.

26. Nib-stronaut: Ready to send this chick to the moon.

27. Nib-ergreen: A meme that never goes out of style.

28. Nib-and-dime: When you’re just picking up a few more NIBs.

29. Nib-ling: A baby chick, or someone just starting with NIB.

30. Nib-casso: When your chick doodles become priceless crypto art.

31. Nibstitute teacher: The chick teaching you how to trade.

32. Nibba Fett: The bounty hunter of meme coins.

33. Nib-blebee: Buzzing around, collecting NIBs.

34. Nib by nib: Slowly stacking your fortune, one chick at a time.

35. Nibberoni: A little bit of NIB in every bite.

36. Nibviously: It’s clear NIB is the next big thing.

37. Nib-a-lanche: When NIB takes over the charts.

38. Nib-spresso: A strong shot of NIB to start your day.

39. Nib-ulation: The jubilation of seeing your NIB investment soar.

40. Nib-and-beyond: When you’re ready to take this chick to the stars!

BTC, rebound from the drop from yesterday. It's happening right now. Bitcoin has already recovered 6,500 thousand from the bottom of the correction. Overall, it looks pretty confident, but it's still a rebound. The medium-term uptrend was lost yesterday on the squiz. There are only 2 long-term trends right now. see the graph. Their re-test is a medium-term support area. Now the situation with the restoration of the level of 60,000 will not change much, even if it reaches 65,000. If in the near future, no more than a week, and a maximum of 2, we do not break through the zone of the key resistance zone, then the continuation of the flat with corrections will continue. Now the task of the market maker and the whales is to break through this zone as quickly as possible and gain a foothold above. Why is this so, because those who were eliminated, those who managed to get out of positions, logically should not have time to enter again at the same prices, but go much more expensive.

the input to the exchanges exceeds the output -
8%, 2400 btc

Altcoins, yesterday on squiz reached the top level on the capitalization of Altcoins, the level of panic sales. Who remembers from the video, this was noted. There are still levels slightly lower from below, but in fact they will not change the situation much, especially for a long-term portfolio! The ascending lines on Total 2 and Total 3 were also achieved and tested on the squiz, a re-test took place precisely along the Fibonacci lines and not a physical re-test. It also says that we are very very close to the bottom or already at the bottom. Since even the fibonacci line of 0.618 is already suitable for re-testing and determining the day. But still, the bottom is the zone between 0.618 and 0.786 fibonacci lines.

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

🚨 Justin Sun announces the creation of a billion-dollar fund to combat confusion and boost liquidity.

" Don't worry ! The industry has grown significantly over the past year, and this market fluctuation is not due to negative news.
We must reject the rumors and continue to build.
That’s why we’re creating a billion-dollar fund to combat confusion, invest more, and provide liquidity. »

https://x.com/justinsuntro...

The cleaning is really powerful! 🩸🩸🩸

For all the people who have not understood why cryptos have fallen, it is not only because of the sale of institutions and States but it is mainly correlated to the traditional markets.

And why are traditional markets falling?

To keep it short it's because of macroeconomics and unstable geopolitics.

There is on the one hand an escalation of violence between Iran and Israel and on the other an American economy which is ultra fragile because we are on the verge of a recession and the market is anticipating a big crash linked to the pivot of the Fed scheduled for September 18.

In short, personally I have no emotion and I'm even happy because since $70 ,000 I keep telling you that I'm no longer trading because it was too complicated to hold a position so close to resistance.

In any case, these are just short/medium term movements and personally I'm still ULTRA BULLISH, you just have to be patient as always. Only true warriors will emerge victorious!

Good afternoon 🔥 hope you all had a Bullish weekend so far

If you noticed $NEIRO on $SOL

$NEIRO is the Shiba Inu who has gained popularity on ​social media, similar to Kabosu (DOGE). Neiro is known ​for her charming and expressive face, which often ​features the characteristic ''smiling'' expression that ​Shiba Inus are famous for!

It all started as the first $NEIRO that was created on the ​SOLANA blockchain! We went through alot... A CABAL ​competing against the real OG COMMUNITY, a whole ​lore to it!

Why $NEIRO ??

-CTO
-ACTIVE community✅️
-Holders 10k+💎
-Great narrative ✅️
-$182.72K to $57 .95 (31,545%)📈
-Currently at $22 .68M

Apped in at $6 .33M to $22 .68M (348%)

Good time to lock in and ape on 😎

🌍Website🌍
https://neirosoldog.com/

Tele
https://t.me/NEIROCTOSOLAN...

Twitter
https://x.com/neirowoof

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

CA
CTg3ZgYx79zrE1MteDVkmkcGniiFrK1hJ6yiabropump

⚡️Trump promises SPACE growth for crypto! The ex-president is rocking out at the Bitcoin 2024 conference - “bitcoin will overtake gold in capitalization,” and the United States will become the crypto capital of the world.

Trump’s first decision will be to fire the chairman of the SEC (Securities and Exchange Commission) - it is this organization that is stopping the development of crypto business in the world.

Secondly, the government will stop selling confiscated bitcoins and create a powerful strategic reserve of cryptocurrencies. This will lead to insane growth!

The USA, as usual, is doing everything right, while many other countries are “chewing snot”. After all, that’s why they are capitalists 👍💪🏻

Crypto investors, waiting for takeoff #crypto #Bitcoin #trump #tokens #info

$316 million in liquidations in 24 hours! 🩸🩸

Yes, it's a very nice middle range cleanse. This is why I keep telling you not to trade in the middle of the range...

A little 500M before midnight??

July 19th’s devastating IT outage left hundreds of businesses across the world scrambling to provide basic services. A software bug that was prematurely pushed to production wrought havoc across the globe, temporarily shutting down banks, airlines, and essential services.

Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.

What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?

SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.

Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.

However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.

On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.

Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.

SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.

For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.

With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?

Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?

According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.

Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.

Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.

With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.

Daily Memecoin Recap - July 27

You did NOT want to touch grass today

0xKitchen caught most of the action👇

Dogecoin Owner Gets A New Dog
$neiro -> hit $100m , community chosen one
$neiro -> hit $49 .5m, first neiro that was launched
- This is huge news, $doge is the first memecoin & currently sits at $18 ,000,000,000 market cap
- The community chosen one was running, but dropped heavily once Ansem started fudding it and shilling the "first one that was launched" instead
- Ansem received hella backlash for this blknoiz06

More Neiro Coins
$neira -> hit $4m
$neiro -> hit $3 .9m
$N3IRO -> hit $1m , "secret third NEIRO"
$neirocoin -> hit $561k , because $doge is called dogecoin
$ねいろ -> hit $520k , Neiro in Japanese

Betas To Neiro
$ginnan -> $10k to $4 .25m (425x), dead coin until today, Ginnan is Doge's sister = Neiro's sister
$kabosu -> $54k to $1 .15m (21.3x), "RIP Kabosu", Kabosu is $doge 's real name
$tsutsuji -> $6k to $571k (95x), dead coin that revived on the Neiro news, Kabosu's other sister
$onigiri -> $4k to $400k (100x), also a dead coin that revived on the news,
$neiru -> hit $460k , redacted $neiro
$bneiro -> hit $300k , Baby Neiro
$azalea -> hit $220k , Neiro's friend

Trump Attends Bitcoin Nashville
$dmaga -> $9m to $21m (2.3x), Dark MAGA
$bmia -> hit $3 .5m, "Bitcoin made in America", based on a hat that was seen at the conference
$nsyb -> hit $3m , Trump said "Never Sell Your Bitcoin" at the conference

CT Loves These Memes
$ong -> $1 .95m to $5 .5m (2.82x), "on god"
$real -> $1m to $3 .3m (3.3x)
$why -> hit $500k , "why did I fade"
$joci -> hit $215k , "jeets out, chads in"

Other Plays
$schizo -> $2 .8m to $9 .5m (3.39x), new ATH
$japiro -> hit $900k , redacted JoshShapiroPA, political meta as he runs for VP
$latte -> hit $480k
$fonkey -> hit $300k , Fat Monkey

What do you guys think about the situation between the 2 main Neiro coins? Did you catch either of them?

Let me know 👇