yesterday zkSNARKS made nft history.
the collection raised a total of $36,000,000.
it's based on 10,000 encrypted identities on zcash.
these nfts have zero-knowledge proofs which hide who owns each one.
I used to dream of private communities.
now it's finally a reality.
$cate update:
we're within 30% of ath's despite btc's recent drop which tells me there's bullish momentum.
the longer price takes to break $80m, the bigger the bigger the move to the upside.
expecting $200m minimum on this next leg up.
- catebillions.
still very bullish on $cate.
solana memes have started running again with zcat and stonk breaking $100m mc. makes sense for the doge of sol to play catchup.
$36m mc is a steal here for a community with 118k holders and 12k active bag workers in the telegram.
billion dollar cate.
soon...
the story behind $meme
amc's ceo is calling out robinhood over it's tokenised amc product.
degens have paired that exact token against $meme.
amc stock is up 8% following the news.
this is our gamestop moment boys and girls.
with these stock paired memecoins you want to find the most absurd pair.
one which could get news coverage.
there are a few but $boner being paired with hims stands out for me.
reminds me a bit of fartcoin before it started pissing off boomers.
in the last 24 hrs:
1,151 pumpfun graduates.
this time 2 months ago it was only 333.
graduates have tripled in 2 months and I must say im really impressed with pump's resiliance.
platforms like bonk and last cycle competitors are nowhere to be seen.
pumpfun is here to stay.
$cashcat at $287m mc while robinhood is ranked 11th in tvl amongst chains.
thesis is simple:
robinhood chain tvl is $750m, base tvl is $5.5b.
robinhood is coinbase's biggest competitor.
billions will enter robinhood which will result in billions for it's flaghship memecoin.
$boner is clear example of what it takes to win in this market.
boner = funny meme.
hims sells erectile disfunction pills.
$boner is paired with hims.
welcome to retard szn.
btc/usd update:
need a break above $82.7k to confirm a macro bull market.
leaning towards bullish though bc we are closing the month above daily 200 ema ($72k).
it's rare to see monthly close above the blue line in a bear market.
boomers won the last bull market bc their stocks outperformed our crypto.
this cycle we'll get revenge.
we can now find heavily shorted stocks and tokenise or create a meme pair with them, then blow out wall st shorts.
revenge will be sweet.
pudgies are the biggest ip in web3.
I call them the disney of web3 which means $pengu is the disney stock of our space.
I've also noticed a lot of big accounts updating their pfps to pengu pfps.
what I love about $cate is it reminds me what memecoins were supposed to be.
when billy and jackson launched doge in 2013 they were making a light hearted joke to parody bitcoin and the new altcoin market. but what it taught us was something greater.
dogecoin taught us that tech doesn't drive the price of these tokens, belief and community is the single greatest driver of price which started the bag working era.
since then we've lost our way.
everyone is either a trader or a scalper which has removed the beauty of community and holding.
what makes $cate different is it's the cat version of doge, our second chance to make things right again and the community is giving me early doge vibes.
80k holders in 25 days and 10k telegram members working their ass of.
bag working culture is finally back all thanks to @PoorGoat_ who put his neck on the line to bring back to glory days of memes.
I cant wait for $cate to prove every doubter wrong and flip doge. yes I sound crazy, but the early doge holders were crazy mfs too.
let's make holding great again.
gamestop was the first community coin, it just happened on the stock market.
millions of people held a dying retailer because holding together was the point. "i like the stock" is memecoin logic yet they just made it a meme-stock.
which is why i like the coin $memestock. bringing the original lore onchain - paired with $gmeb, tokenized gamestop shares. holding the meme pays you the stock that started it all....
also like how similar the setup is. in 2021 gme squeezed because diamond hands ate the float. now 75%+ of $memestock supply sits within wallets that keeps moving into hands that don't sell.
the strongest lore retail trading ever produced. great R/R
been a holder of #牛来 and bought few dips last few days
牛来 means "the bull is coming". based on a chinese animated film that's become the most viral meme in china right now
made by one independent director on a $4k budget, it's now done $3.8m and projecting $19m, the highest grossing film of all time in percentage terms
it sat in cinemas for 9 days doing almost nothing. then people mocked it on social media as "the worst animation ever made"
now we have a coin to own a piece of this moment. the most viral chinese meme we've ever seen is listed on binance alpha, gate, htx, kucoin, bitget, aster and it's being hard shilled by the flap team daily.
whats most impressing is holding a $40m mc through some of the worst rotational conditions we've seen
not seen a meme with this many catalysts stacked at once. we're due a binance season, never bet against the chinese, it's the biggest viral trend in the country and the film literally predicted the thing we're all positioned for.
a $4k film outgrossing hollywood percentage wise while telling you the bull is coming.
the timing is poetic asf.
准备好学中文吧。
cz just burned the fake marscoin.
a new $marscoin token went from $60k market cap to nearly $37m market cap.
then cz commented "I just saw it in my wallet and then destroyed it."
the token dropped -90% on this news.
i've been bullish on the original $marscoin but this reminds me a bit of the neiro situation 2 years ago.
going to hold both coins.
better to be safe than sorry.
$fart paired against fartcoin is the same mechanic as $manlet paired with $ansem.
and it's spreading faster than i expected.
pairing means the new coin trades against another meme instead of sol.
so to buy $fart you have to buy fartcoin first, then trade it for $fart which means demand for the new coin becomes demand for fartcoin.
this helps solve the biggest problem we've had in the trenches.
historically, a memecoin needs constant new attention or it dies.
now they get fed by what launches on top of it.
instead being a victim to attention, they are benefitting from the attention of memes launching in their ecosystem.
this will help raise floor prices, reduce downwards volatility and allow og memes to become businesses.
welcome to the community coin era.
boomers are cooked.
they spent decades saving money and staying indoors to buy stocks.
now I can gamble on shitcoins and get paid in stocks.
gamblers won.
This is my watchlist for August:
$ANSEM$CASHCAT$MARSCOIN
币有.
Plan to add 1 more.
You can blindfold yourself from now until November and be up at least 5x from these.
$PONS dumped to $15 million mc because everyone thought Uniswap would take their marketshare on Robinhood.
Then Uniswap launched their launchpad.
Didn't support a single project so they all went to zero.
Everyone has rotated back into $PONS which is up +65% today.
There's a lesson for everyone here.
When a project is doing a good job, don't neglect it.
There's no need to fix what isn't broken.
StonkFun is the most interesting mechanism I've seen on Solana this year.
On StonkFun, a memecoin doesn't pair against SOL.
It pairs against tokenised stocks.
SPYx for S&P 500.
TSLAx for Tesla
NVDAx for Nvidia
and so much more.
You can also get tokenised pre-IPO exposure to OpenAI, Anthropic, Neuralink and Anduril.
Here's how it works:
85% of trading fees go to holders but paid out in the stock it's paired against.
So somebody gambling on a "shitcoin" accumulates Apple as a byproduct.
Meanwhile, the platform token $STONK gets bought back by 60% of the platform revenue.
Current market cap: $9.2M
Surely this goes to at least $100M?
Not much of an NFT holder these days but cant say no to obvious opportunities.
$CASHCAT NFTs have floor price of only 0.06 ETH.
For comparison when TROLL was $65M mc, their NFTs hit 0.3 ETH.
5x from here to match that seems reasonable.