The Morning Minute (2.5)
⏰Top News:
-Crypto majors fall 1-4% after recent rally, Bitcoin leads
-David Sacks intros “Golden Age” of digital assets at Crypto Working Group launch
-Hester Pierce lays out vision for SEC Crypto Task Force, reduces enforcement actions & staff
-Berachain announces mainnet & TGE for Feb 6, tokenomics today
-MegaETH shares plans for 10k NFT mint tied to protocol ownership
🌎Macro
-Crypto majors fall 1-4%, Bitcoin leads at $98,250; ETH -1% at $1,790; SOL -3% at $205
-TRUMP & MELANIA lead top movers up 6-7%
-David Sacks introduces the “Golden Age” of digital assets as Crypto Working Group is officially launched, big focus on stablecoins
-Ohio Senator introduced Bitcoin Reserve bill; South Dakota rep says it’s likely to be first state to pass a Bitcoin Reserve
-Hong Kong legislators say HK needs to accelerate evaluation of their own Bitcoin Reserve
-SEC launches new Crypto Task Force site with new list of tasks; Hester Pierce says the SEC will scale back enforcement actions
-FTX repayments to start Feb 18 for claims < $50k
-Peter Thiel-backed Bullish Global consiers IPO for its crypto exchange
-XRP ledger goes offline for about 1 hour yesterday
💰Tokens, Protocols & Airdrops
-Berachain announces mainnet and TGE for Feb 6, tokenomics and claim checker to come today
-MegaETH announced its 10k soulbound NFT mint, priced at 1 ETH each with speculation of owners to receive tokens at TGE
-Abstract released week 1 XP for users
-Helium Mobile launches first FREE phone plan for crypto users, code HELIUMCEO
-Fantasy Top’s top 100 FAN point accumulators get WL for MegaETH
-Base announces Farcaster feed will integrate into Coinbase Wallet
🤖AI
-Total market cap fell 5% to $7.75B, with most leaders down 5-10%
-VIRTUAL (-4%), FARTCOIN (-10%), AI16Z (-7%), FAI (+2%), AIXBT (-8%) and ARC (-9%)
-Notable gainers include SEKOIA (+25%), NEUR (+20%), VVV (+17%) and VADER (+15%)
-HENLO, SNAI and ALPHA top mindshare gainers
-Holoworld (AVA) announces Pudgy Penguins can be “powered to life” by their platform
-KIP introduces Superior Agents as a framework for self improving multi-skilled AI Agents
-BadAI teased release of its new Open Alpha, as the newest AI Agent launchpad on BNB
-Story Protocol introduces Peer-to-Peer IP system with AI integration
-EigenLayer announces verifiable agents and its new AI framework
📰Memes and NFTs
-Meme leaders mostly chopped with DOGE -1%, Shiba +4%, PEPE -1%, TRUMP +6%, BONK -2% & PENGU +1%
-SSE was the Solana runner of the night, reaching $40M on $100M volume in its first 6 hours
-The Calicoin meme reached $10M on $110M+ volume as the latest meme created thru Neuralink
-ETH NFT leaders are mixed; Punks even at 40 ETH, Pudgy even at 10.8 and BAYC even at 12.75
-Beeple introduces HUMAN ONE: CHAPTER 5 with hidden seed phrase unlocking 2 NFTs
-Punks see nice string of mid-tier sales with 88 ETH 3D and 85 ETH Cowboy
-BTC Ordinals are very green with leaders up 5-15%; Quantum Cats +10% 0.254 BTC, OMB +8% to 0.126, Nodes -3% at 0.065 and Puppets even at 0.064
-Taproot Wizards announce $30M Series A raise
-Runes were red, with DOG -4% to $315M, PUPS -10% to $36M, and BDC +-3% to $23M
Full interview with @MustStopMurad on @FOMOHOUR!
Timestamps:
1:05 - Who is Murad and how did he get into crypto?
3:00 - How does it feel to be the main character?
4:30 - How Murad came up with his memecoin thesis
9:18 - How did Murad choose the memes on his list?
12:40 - Why 2023 coins are better
14:37 - Will Murad add memecoins to the list?
17:25 - What are the different niches?
20:30 - “It’s going to get worse for VC coins”
21:55 - How did you test and validate your thesis?
26:50 - Who is the cabal?
29:30 - “NFTs and Memecoins are the same thing”
33:05 - Sproto Gremlins, Project Aeon and Retardio
33:50 - How are you going to exit? Are you concerned about that?
35:20 - @rektmando shoots his shot and shills Murad
38:15 - What do you think about people thinking you are delusional?
i was talking to some very crypto native friends a few weeks ago and was shocked to hear that not only do they not use llamaswap, but they have never even heard of it
if your top priority in trading is pricing, what's the rationale for using anything besides llamaswap?
PG was researched and designed to solve the fundamental misalignment between users, builders, and governance.
PG can be implemented on any L2 blockchain that has a native governance token and a sequencing system.
Read the full research paper here: https://t.co/0hUB7i3yGr
THE CHASE FOR GLORY IS ON 🛡️⚔️
Week 1: Highest Trading Volume Competition is NOW LIVE
Prize Pool: $5000
Duration: 3rd - 10th December
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