10 days ago
Daily Memecoin Recap - November 24
Good volume, drama with pump fun livestreams
Science Meta
$dna -> hit $16 .8m
#roident -> hit $4 .8m, pumpdotscience mascot
$psmice -> hit $4 .3m, pumpdotscience mascot
$rna -> hit $3 .3m
Frog Memes
$terry -> hit $30m , unique
$fog -> hit $4 .8m, frog meme, simple yet good art
Artist Launch
$wain -> hit $9 .4m, amazing art
- ratwell0x is the artist
Elon Tweets
$would -> hit $26m , elonmusk
posted the meme
#ironyman -> hit $7m
$msnbc -> hit $3 .5m
$spqr -> hit $2 .9m
$mt -> hit $1 .4m, monk temptation
$x -> hit $600k
- Elon is the biggest KOL frfr
- Bro doesn't even know that there's coins worth 8 figs that spawn because of his tweets
TikTok/GenZ Memes
#mustard -> hit $81m , Kendrick lamar yelling MUSTAAAARD, viral on tikttok
#daddychill -> hit $15m , famous video, picking up partly because of #chillguy
#rizzmas -> hit $8 .7m
$bro /eco -> hit $7 .3m
$nose -> hit $5 .6m, let me do it for you
#ketchup -> hit $2 .1m
$gnome -> hit $1 .7m
Artificial Intelligence
#overseer -> hit $15 .1m
$mind -> hit $9m
Solana Pet
$blob -> hit $22 .7m
First Human Being Created By God
$adam -> hit $1 .9m
More Cooks
$purpe -> hit $77m , purple $pepe , back from the dead
$hege -> hit $31m
#justice -> hit $24 .8m, justice for $pnut and $fred
$mtm -> hit $11m
#sootcase -> hit $9 .9m, Barron Trump meme
$pim -> hit $7 .9m
$mike -> hit $6m
$oiia -> hit $3 .3m, cat meme
#tontoba -> hit $3m
$bread -> hit $2m , literally just bread
$boggs -> hit $2m
$1 -> hit $1 .6m, just buy $1 worth of this coin
$jensen -> hit $1 .5m, #Nvidia CEO
$bling -> hit $960k
$moar -> hit $900k
$kaiju -> hit $800k
$meme /eco -> hit $600k , meme economy
Do you think pump fun should turn off livestreams?
Good volume, drama with pump fun livestreams
Science Meta
$dna -> hit $16 .8m
#roident -> hit $4 .8m, pumpdotscience mascot
$psmice -> hit $4 .3m, pumpdotscience mascot
$rna -> hit $3 .3m
Frog Memes
$terry -> hit $30m , unique
$fog -> hit $4 .8m, frog meme, simple yet good art
Artist Launch
$wain -> hit $9 .4m, amazing art
- ratwell0x is the artist
Elon Tweets
$would -> hit $26m , elonmusk
posted the meme
#ironyman -> hit $7m
$msnbc -> hit $3 .5m
$spqr -> hit $2 .9m
$mt -> hit $1 .4m, monk temptation
$x -> hit $600k
- Elon is the biggest KOL frfr
- Bro doesn't even know that there's coins worth 8 figs that spawn because of his tweets
TikTok/GenZ Memes
#mustard -> hit $81m , Kendrick lamar yelling MUSTAAAARD, viral on tikttok
#daddychill -> hit $15m , famous video, picking up partly because of #chillguy
#rizzmas -> hit $8 .7m
$bro /eco -> hit $7 .3m
$nose -> hit $5 .6m, let me do it for you
#ketchup -> hit $2 .1m
$gnome -> hit $1 .7m
Artificial Intelligence
#overseer -> hit $15 .1m
$mind -> hit $9m
Solana Pet
$blob -> hit $22 .7m
First Human Being Created By God
$adam -> hit $1 .9m
More Cooks
$purpe -> hit $77m , purple $pepe , back from the dead
$hege -> hit $31m
#justice -> hit $24 .8m, justice for $pnut and $fred
$mtm -> hit $11m
#sootcase -> hit $9 .9m, Barron Trump meme
$pim -> hit $7 .9m
$mike -> hit $6m
$oiia -> hit $3 .3m, cat meme
#tontoba -> hit $3m
$bread -> hit $2m , literally just bread
$boggs -> hit $2m
$1 -> hit $1 .6m, just buy $1 worth of this coin
$jensen -> hit $1 .5m, #Nvidia CEO
$bling -> hit $960k
$moar -> hit $900k
$kaiju -> hit $800k
$meme /eco -> hit $600k , meme economy
Do you think pump fun should turn off livestreams?
19 days ago
@DougDuckSol almost got 50k subs on YT, more than any other project.
He also got his own merch, that looks ducksolutely fire!
The community is second to none and the team is also working non-stop.
$DOUG is a project you wish you would have found earlier. Feel free to check it out.
CA: BavuJ8bntC79A8aHTxQi1EUhcCnqvEU8KSBE4sVCAaHc
He also got his own merch, that looks ducksolutely fire!
The community is second to none and the team is also working non-stop.
$DOUG is a project you wish you would have found earlier. Feel free to check it out.
CA: BavuJ8bntC79A8aHTxQi1EUhcCnqvEU8KSBE4sVCAaHc
29 days ago
Kitten Haimer is streaming TODAY from the official Cat Account! 🎥🐱
Trump himself would say: “This is HUGE. No one’s seen a stream like this, believe me!” 🐾😹
Get ready for the ultimate cat-powered takeover. Don’t miss it—tune in and join the movement! 🇺🇸💥
Trump himself would say: “This is HUGE. No one’s seen a stream like this, believe me!” 🐾😹
Get ready for the ultimate cat-powered takeover. Don’t miss it—tune in and join the movement! 🇺🇸💥
2 months ago
2 months ago
Daily Memecoin Recap - October 13
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
2 months ago
🎖️ Justin Sun is elected Prime Minister of the unrecognized micronation of Liberland.
Liberland is a micronation located between Croatia and Serbia, and holds 99% of its reserves in Bitcoin.
The Tron founder said he would promote the idea of small government as a model for the world.
Liberland, a micronation that holds 99% of its reserves in Bitcoin, has elected Tron founder Justin Sun as its new prime minister.
"Just as Vatican City represents a central spiritual authority for Catholics, Liberland will be the heart of the libertarian movement."
Liberland is a micronation located between Croatia and Serbia, and holds 99% of its reserves in Bitcoin.
The Tron founder said he would promote the idea of small government as a model for the world.
Liberland, a micronation that holds 99% of its reserves in Bitcoin, has elected Tron founder Justin Sun as its new prime minister.
"Just as Vatican City represents a central spiritual authority for Catholics, Liberland will be the heart of the libertarian movement."
2 months ago
Andrew Tate describes how he would like his funeral ceremony to look like 💀
2 months ago
🥷 According to Coinbase, unmasking Satoshi represents a real risk for investors and knowing the name of the creator of Bitcoin would no longer be important.
“Now that the [Bitcoin] network is global and robust, discovering Satoshi’s identity is only relevant for history books or entertainment.”
says Samir Kerbage, Chief Investment Officer at Hashdex.
Analysts are particularly concerned that if Satoshi were identified and alive, he might sell his BTC and drive down the price.
As a reminder, Nakamoto owns at least 1.1 million Bitcoins worth nearly $68 billion.
“Now that the [Bitcoin] network is global and robust, discovering Satoshi’s identity is only relevant for history books or entertainment.”
says Samir Kerbage, Chief Investment Officer at Hashdex.
Analysts are particularly concerned that if Satoshi were identified and alive, he might sell his BTC and drive down the price.
As a reminder, Nakamoto owns at least 1.1 million Bitcoins worth nearly $68 billion.
2 months ago
🔮 Standard Chartered predicts a $SOL that could be multiplied by 5, a $ETH by 4 and a $BTC multiplied by 3 by the end of 2025 if Donald Trump wins the American presidential election.
Standard Chartered's Geoff Kendrick believes that if Kamala Harris becomes president, "Ethereum will hit the $7 ,000 level by the end of 2025."
Kendrick sees bitcoin reaching $200 ,000 by the end of 2025, regardless of the election outcome.
"The introduction of a Solana exchange-traded fund (ETF) would be more likely under a Trump presidency."
Standard Chartered's Geoff Kendrick believes that if Kamala Harris becomes president, "Ethereum will hit the $7 ,000 level by the end of 2025."
Kendrick sees bitcoin reaching $200 ,000 by the end of 2025, regardless of the election outcome.
"The introduction of a Solana exchange-traded fund (ETF) would be more likely under a Trump presidency."
2 months ago
If you policed being anti-Christian as hard as “antisemitism” or “Islamophobia” so many millions of people would be cancelled or imprisoned.
It’s a fact.
It’s a fact.
2 months ago
How to build confidence to hold
We've all seen $1 ,000,000+ PNL screenshots
The truth is most traders would never hold long enough to reach that level
The secret isn't just about getting in early, it's about the ability to separate conviction from gamble
Ask yourself:
- Is volume excessively high?
- Is there consistent buy pressure on dips?
- Is the community forming a cult?
- Does it have a strong narrative?
- Are you seeing wallets constantly ape $10k +?
- Are you seeing it being pushed in multiple different groups?
- Is it all over your twitter feed?
If the answer is yes to all these questions, then treat this play with conviction. Hold your position until you see a major break of structure on the 1-4h timeframes
Conviction comes from recognizing momentum
We've all seen $1 ,000,000+ PNL screenshots
The truth is most traders would never hold long enough to reach that level
The secret isn't just about getting in early, it's about the ability to separate conviction from gamble
Ask yourself:
- Is volume excessively high?
- Is there consistent buy pressure on dips?
- Is the community forming a cult?
- Does it have a strong narrative?
- Are you seeing wallets constantly ape $10k +?
- Are you seeing it being pushed in multiple different groups?
- Is it all over your twitter feed?
If the answer is yes to all these questions, then treat this play with conviction. Hold your position until you see a major break of structure on the 1-4h timeframes
Conviction comes from recognizing momentum
2 months ago
📅 We are entering the "Uptober".
Historically, October has been a bullish month, with BTC seeing an average gain of 22.9% in 8 of the last 9 Octobers.
A similar increase would take us above $78 ,000, pushing the #Bitcoin above its ATH.
Although ETH tends to perform well in October, its average returns over the last 8 months of October have been around 5%.
Historically, October has been a bullish month, with BTC seeing an average gain of 22.9% in 8 of the last 9 Octobers.
A similar increase would take us above $78 ,000, pushing the #Bitcoin above its ATH.
Although ETH tends to perform well in October, its average returns over the last 8 months of October have been around 5%.
2 months ago
It's been around a week that I have been running simulations on trending tokens on Tron and the winrate would be 100% with proper volume settings and take profit.
Let's see how it will play in the long term...
Let's see how it will play in the long term...
2 months ago
🚨 BEWARE OF FALSE INFORMATION: FTX fund distribution will not start this week!
👉 The next hearing on the FTX restructuring is set for October 7. If approved, claimants with less than $50 ,000 could receive payments by the end of 2024, while larger amounts would be processed in 2025.
In total, $16 billion will be redistributed, and a large portion of these funds will be reinjected into the market.
👉 The next hearing on the FTX restructuring is set for October 7. If approved, claimants with less than $50 ,000 could receive payments by the end of 2024, while larger amounts would be processed in 2025.
In total, $16 billion will be redistributed, and a large portion of these funds will be reinjected into the market.
2 months ago
🇰🇷 Bithumb, one of South Korea's leading exchanges, is exploring the possibility of an IPO on the US Nasdaq.
The company said the target would be the end of 2025 and would hire Samsung Securities to lead the IPO.
The company said the target would be the end of 2025 and would hire Samsung Securities to lead the IPO.
2 months ago
Things are happening on the gaming side 🔥
I wouldn't be surprised to see this narrative gain momentum in the coming days.
What gaming cryptos do you have in your wallet? 👀
I wouldn't be surprised to see this narrative gain momentum in the coming days.
What gaming cryptos do you have in your wallet? 👀
2 months ago
At Solana Breakpoint 2024, Charles d’Haussy, CEO of the dYdX Foundation, discussed the protocols’s upcoming enhancements and muse on Solana’s growth.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
2 months ago
PayPal, one of the world’s largest financial platforms, continues its mission to deliver blockchain-based services to users and businesses alike.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
On September 25, 2024, PayPal announced it would be enabling U.S. merchants to buy, hold, and sell cryptocurrency assets within their business accounts. The move is the latest in a slew of updates made by PayPal as the TradFi giant continues to embrace the cryptocurrency industry.
U.S. Businesses Can Now Store Funds Onchain
Following the successful launch of crypto services for individual users, PayPal remarked that businesses were eager to meet user’s growing demand for more comprehensive crypto services.
"Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency… Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We're excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly." - Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal.
PayPal’s commitment to providing merchants with expanded crypto services and flexibility goes beyond buying and selling digital assets. Merchants can now withdraw cryptocurrencies to external onchain wallets.
While PayPal has stipulated that this feature will be limited to “eligible” wallets, the move also opens the door to more businesses becoming involved in DeFi. For example, businesses holding capital might be able to lend out assets in various onchain lending protocols, earning additional yield on a merchant’s treasury.
$PYUSD Solana Supply Down 40% Since ATH
Since launching on Solana on May 29, 2024, $PYUSD enjoyed meteoric growth. Spurred on by generous liquidity provision incentives, $PYUSD’s Solana-based supply surged to over 663.4M tokens based on Step Finance data. This eclipsed Ethereum’s $PYUSD supply, making Solana the unofficial home of PayPal’s crypto services.
However, as $PYUSD reward campaigns have slowed and market conditions improved, the supply of PayPal USD on Solana has declined. At its highest point on August 28, 2024, Solana hosted $PYUSD 65.79% supply dominance.
Based on DeFiLlama data, that figure has since fallen to just 50.4%, with PayPal USD’s Solana-based supply currently sitting at 354M.
It's unlikely that PayPal merchants based in the U.S. will rush to bring their stablecoin holdings onchain and deploy them in Solana DeFi protocols. However, the move highlights PayPal’s willingness to respond positively to customer feedback and integrate blockchain technology into its expansive product suite.
2 months ago
🇩🇪 German MP Joana Cotar said she would distribute Bitcoin books to her colleagues in parliament.
"We will be happy to distribute the remaining copies here in the Bundestag."
"We will be happy to distribute the remaining copies here in the Bundestag."
2 months ago
#Bitcoin
It works with any #altcoin when they announced direction 40k.
👉 The majority reacts like this: "I'll wait until it goes up to 50k to buy."
👉 At 50,000: "Finally, I'll wait for 40k."
And even if the price had gone down to 40k, they still wouldn't have bought.
Now that the market is showing some signs of recovery, they are becoming euphoric and are buying at levels 2-3 times higher than a few weeks ago.
And when we talk about taking advantage of the corrections to reload, these same people insult us in the comments.
They will end up being our "exit liquidity", we will sell them our tokens in a few months. 😈
Congratulations to those who kept a cool head and recharged.
Patients will be rewarded with the liquidity of the impatient.
It works with any #altcoin when they announced direction 40k.
👉 The majority reacts like this: "I'll wait until it goes up to 50k to buy."
👉 At 50,000: "Finally, I'll wait for 40k."
And even if the price had gone down to 40k, they still wouldn't have bought.
Now that the market is showing some signs of recovery, they are becoming euphoric and are buying at levels 2-3 times higher than a few weeks ago.
And when we talk about taking advantage of the corrections to reload, these same people insult us in the comments.
They will end up being our "exit liquidity", we will sell them our tokens in a few months. 😈
Congratulations to those who kept a cool head and recharged.
Patients will be rewarded with the liquidity of the impatient.
2 months ago
HIGHLIGHTS FROM SOLANA BREAKPOINT DAY TWO
Solana Breakpoint Day One set a rapid pace, with milestone announcements about Firedancer, key product updates from Jupiter, and trillion-dollar asset manager Franklin Templeton disclosing its intention to build a mutual fund on Solana.
Despite the high expectations following a blistering Day One, Day Two kept the momentum alive and delivered plenty of showstopping announcements.
COINBASE TO LAUNCH cbBTC ON SOLANA
Coinbase, one of the industry’s most popular centralized exchanges, announced its intention to deploy its wrapped version of Bitcoin on the Solana network. Since launching on Ethereum and Base just a few weeks earlier, cbBTC has quickly climbed the ranks to become the third-largest wrapped Bitcoin token in the market.
The move is expected to bring more of Bitcoin’s deep liquidity to Solana, where cbBTC can be integrated into various DeFi applications and increase capital efficiency on the network.
FIREDANCER LIVE ON MAINNET FOR NON-VOTE TRANSACTIONS
FireDancer may have stolen the show on Day One, but the Jump Crypto developers weren’t content to stop there. Firedancer’s Research and Development Architect, Phillip Taffet, and Production Engineer Anway De announced that the full Firedancer validator client was now live on the Solana mainnet for non-vote transactions.
But that wasn’t all that the Firedancer team had in store. A live demo also demonstrated the Frankendancer client executing 1.04M transactions per second.
MAGIC EDEN UNVEILS NEW FEATURES
Magic Eden, the blockchain industry’s largest NFT marketplace across all chains in terms of trading revenue, outlined some of its future plans.
Showcasing a more composable cross-chain ecosystem Magic Eden teased new features like the ability to swap fungible assets on one chain for non-fungible assets on a completely different network.
In a move that didn’t surprise anyone, Magic Eden also announced that its upcoming $ME token will be launched on Solana.
deBridge ANNOUNCES TGE
The deBridge ($DBR) token airdrop has been one of the most anticipated TGEs in recent months.
To thunderous applause from a captivated audience, deBridge co-founder Alex Smirnov announced that $DBR is scheduled to go live on the 17th of October.
Smirnov also used his time in the spotlight to share a wealth of new product features coming to the deBridge application, including gasless bridging and the integration of new chains live Bitcoin and Tron.
BONK ETP
One of Solana’s favorite memecoins, BONK made its presence known at Breakpoint. But beyond the BONK boxing ring, BONK core contributor Nom highlighted the prolific growth of the Bonk brand, which has secured impressive partnerships across the Web2 world, like its sponsorship of Borussia Dortmund.
Affirming BONK’s rise from memecoin, to cultural movement, to financial entity, Nom also announced the team’s intention to launch a BONK ETP. The move is believed to be a precursor to an eventual BONK ETF.
SANCTUM ANNOUNCES BIG UPDATES
Sanctum, the Solana DeFi powerhouse bringing greater flexibility to LST (Liquid Staking Tokens), announced several exciting updates.
First, Sanctum co-founder FP Lee introduced ‘Creator Coins’, a novel spin on LSTs that provides new tools for individuals, communities, and businesses to build, grow, and monetize their audiences.
Lee also announced the upcoming launch of a Sanctum card. Conceived in collaboration with BasedApp and Jupiter, the Cloud Card is expected to facilitate real-world payments using Solana-based crypto assets.
Finally, the Sanctum founder also shared that the platform’s polarizing incentives campaign, Wonderland, would be making its return soon with a second season of rewards.
Solana Breakpoint Day One set a rapid pace, with milestone announcements about Firedancer, key product updates from Jupiter, and trillion-dollar asset manager Franklin Templeton disclosing its intention to build a mutual fund on Solana.
Despite the high expectations following a blistering Day One, Day Two kept the momentum alive and delivered plenty of showstopping announcements.
COINBASE TO LAUNCH cbBTC ON SOLANA
Coinbase, one of the industry’s most popular centralized exchanges, announced its intention to deploy its wrapped version of Bitcoin on the Solana network. Since launching on Ethereum and Base just a few weeks earlier, cbBTC has quickly climbed the ranks to become the third-largest wrapped Bitcoin token in the market.
The move is expected to bring more of Bitcoin’s deep liquidity to Solana, where cbBTC can be integrated into various DeFi applications and increase capital efficiency on the network.
FIREDANCER LIVE ON MAINNET FOR NON-VOTE TRANSACTIONS
FireDancer may have stolen the show on Day One, but the Jump Crypto developers weren’t content to stop there. Firedancer’s Research and Development Architect, Phillip Taffet, and Production Engineer Anway De announced that the full Firedancer validator client was now live on the Solana mainnet for non-vote transactions.
But that wasn’t all that the Firedancer team had in store. A live demo also demonstrated the Frankendancer client executing 1.04M transactions per second.
MAGIC EDEN UNVEILS NEW FEATURES
Magic Eden, the blockchain industry’s largest NFT marketplace across all chains in terms of trading revenue, outlined some of its future plans.
Showcasing a more composable cross-chain ecosystem Magic Eden teased new features like the ability to swap fungible assets on one chain for non-fungible assets on a completely different network.
In a move that didn’t surprise anyone, Magic Eden also announced that its upcoming $ME token will be launched on Solana.
deBridge ANNOUNCES TGE
The deBridge ($DBR) token airdrop has been one of the most anticipated TGEs in recent months.
To thunderous applause from a captivated audience, deBridge co-founder Alex Smirnov announced that $DBR is scheduled to go live on the 17th of October.
Smirnov also used his time in the spotlight to share a wealth of new product features coming to the deBridge application, including gasless bridging and the integration of new chains live Bitcoin and Tron.
BONK ETP
One of Solana’s favorite memecoins, BONK made its presence known at Breakpoint. But beyond the BONK boxing ring, BONK core contributor Nom highlighted the prolific growth of the Bonk brand, which has secured impressive partnerships across the Web2 world, like its sponsorship of Borussia Dortmund.
Affirming BONK’s rise from memecoin, to cultural movement, to financial entity, Nom also announced the team’s intention to launch a BONK ETP. The move is believed to be a precursor to an eventual BONK ETF.
SANCTUM ANNOUNCES BIG UPDATES
Sanctum, the Solana DeFi powerhouse bringing greater flexibility to LST (Liquid Staking Tokens), announced several exciting updates.
First, Sanctum co-founder FP Lee introduced ‘Creator Coins’, a novel spin on LSTs that provides new tools for individuals, communities, and businesses to build, grow, and monetize their audiences.
Lee also announced the upcoming launch of a Sanctum card. Conceived in collaboration with BasedApp and Jupiter, the Cloud Card is expected to facilitate real-world payments using Solana-based crypto assets.
Finally, the Sanctum founder also shared that the platform’s polarizing incentives campaign, Wonderland, would be making its return soon with a second season of rewards.
2 months ago
deBridge to bring native Bitcoin to Solana, which would enable users to trade any liquid asset to native Bitcoin instantly, with settlement happening on Solana
2 months ago
🚨 A major security issue in Bitcoin Core would affect 17% of the network which could be exposed to a denial of service attack.
All software prior to Bitcoin Core version 24.0.1 may be at risk.
Although very serious, few known exploits of this bug exist as it is quite costly.
However, this is a security flaw that could be exploited by an extremely wealthy, powerful, or sophisticated actor, such as a nation, that wanted to disrupt Bitcoin operations for non-financial reasons
All software prior to Bitcoin Core version 24.0.1 may be at risk.
Although very serious, few known exploits of this bug exist as it is quite costly.
However, this is a security flaw that could be exploited by an extremely wealthy, powerful, or sophisticated actor, such as a nation, that wanted to disrupt Bitcoin operations for non-financial reasons
3 months ago
At Solana Breakpoint, Phantom announced embedded wallets to simplify user onboarding.
Features include:
- seedless sign-in with email and PIN
- no app downloads
These features would be offering a secure, self-custodial experience with full UI support.
Features include:
- seedless sign-in with email and PIN
- no app downloads
These features would be offering a secure, self-custodial experience with full UI support.
3 months ago
📊 Among the top 300 tokens on CoinMarketCap, only 42 tokens would have outperformed Bitcoin in 2024.
11 of the top 15 tokens on this list are MEMECOINS.
11 of the top 15 tokens on this list are MEMECOINS.
3 months ago
Phantom integrates with Mayan Finance with would now allow users to bridge from ETH to 30+ Solana tokens.
3 months ago
🚨 Senators send letter to Powell asking for 0.75% interest rate cut this week.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
PS: That wouldn't be bullish.
👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.
3 months ago
🔴 Coinbase accused of manipulating the price of Bitcoin, its CEO denies it.
Rumors claim that coinbase would issue IOUs instead of actually holding #Bitcoin , which could ease buying pressure on the market 📉
Coinbase CEO Brian Armstrong highlights the transparency of the audits conducted each year by Deloitte .
Rumors claim that coinbase would issue IOUs instead of actually holding #Bitcoin , which could ease buying pressure on the market 📉
Coinbase CEO Brian Armstrong highlights the transparency of the audits conducted each year by Deloitte .
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