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A Wild Weekend of Celebrity Memecoin Mania
Caitlyn Jenner drops token on pump.fun, NORMIE gets exploited, and Trump assures the right to self-custody crypto.
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Top Stories
BTC $68,250(+0.1%) | ETH $3,890 (+0.1%) | SOL $169 (+1%)
Caitlyn Jenner drops $JENNER memecoin on pump.fun and crypto twitter debates if she was hacked — $JENNER peaks at a $44M market cap
A hacker exploits Base memecoin $NORMIE sending the market cap to 0 from $40M — The team accepts the hacker's offer to return 90% of funds contingent on a fair relaunch to affected holders — Normie twitter account gets suspended and communication goes dark.
ETH memecoin $PEPE sets new ATHs as it enters the top 20 coins with a $7B market cap
Trump speaks at a libertarian rally promising to allow self-custody of crypto assets and confirming he would commute the prison sentence of Silk Road founder Ross Ulbricht
Uniswap will move forward with their on chain vote for fee distribution despite receiving a Wells Notice from the SEC
Mon protocol launches $MON token on Monday — $MON is currently at a $47M market cap
Pudgy Penguins release V2 plushy designs as Luca states they're only 10-15% into Penguin Summer
Phantom wallet becomes the #1 free app on the Google Play store in the U.K
Pacmoon wins it's third Blast Jackpot with the payout totaling 411k gold
Mt. Gox moves $9B worth of Bitcoin to a new address ahead of their repayment plan to creditors
Top Movers
NFTs |
---|
CyberKongz (ETH) +20% 0.75 ETH |
Blastr Keys (Blast) -12% 0.58 ETH |
Mall Street (SOL) -13% 0.48 SOL |
NodeMonkes (BTC) -20% 0.2 BTC |
Pixelmon (ETH) -40% 0.7 ETH |
Ray’s Trades
In this section of the Newsletter we break down the trades made by BoDoggos’ own Research Analyst, Ray. None of these plays are financial advice and the crypto market is incredibly risky.
Trade | Thesis |
---|---|
Purchase | Runes are down bad in price and sentiment. These are usually the best times to accumulate. The 6th deployed and first publicly mintable rune is attractive to me here at just a $30M market cap. Starting to DCA into this position. |