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https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
Andrew Kang: “We are going to reach some serious levels of mental retardation for memecoins this cycle.
Think of the Memecoin ecosystem as essentially a Skill-based Global Lottery Platform. Players get to decide which lottery brand they want to buy tickets in, but the payouts and odds aren't the same. That's where the skill comes in - the jackpot winners don't come from pure luck, but ability and everyone believes that they can find the next winner. And the more people that they get to buy the same tickets at them, the more likely they and their friends win - that's the best feeling - winning together. It's a mullti player money game with virality built in.
Study the scale of the traditional global lottery industry. It generated $300 billion in sales in 2020 - with half the population of the US playing. Now imagine the valuations of memecoins if a capital injection of that scale were to flow into them.
Last cycle was actually the test pump for memecoins - kind of like bitcoin's test run to $100-1000. This time we get the real pump after there's been a cycle proving their product market fit, how they've changed lives and increasing global acceptance.
I believe that memecoins are going to outperform everything else in crypto by a wide margin. The masses won't care about the 4th liquid restaking derivative or whatever fancy new technology that results in some benefit in throughput. They won't fall for the 10000th DeFi farm which even retail know are self referential ponzi like house of cards. Memecoins are just a much more pure and upfront speculative vehicle. Those that are overweight DeFi/L1s are at massive underperformance risk. Could very well see ETH moving 50% from here while memecoins return 5-100x in size.
This cycle, we will see a new generation of new money memecoin elites being minted just like many of the old guard/whales were minted with BTC, ETH, SOL”.
https://x.com/rewkang/status/1764069999507800282
💧Top Funding Rounds this Week
👉 https://dropstab.com/insights/latest-fundraising-rounds
Plan B: „Accumulation phase has ended: no more easy buying opportunities in orderly and slowly increasing markets.
Bull market has started. If history is any guide, we will see ~10 months of face melting fomo: extreme price pumps combined with multiple -30% drops. Enjoy!“
https://x.com/100trillionusd/status/1763547197126156519
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
At $62,000 per Bitcoin, Satoshi Nakamoto is now the 23rd wealthiest person in the world.
https://x.com/pete_rizzo_/status/1763255068902539444
In a letter to investors, 1confirmation discusses the recent rise in BTC and ETH prices, which is attributed to an increase in the number of exchange-traded funds (ETFs) investing in cryptocurrencies.
https://twitter.com/NTmoney/status/1762994981344850180
Binance will list Axelar (AXL) at 2024-03-01 11:30 UTC.
Axelar is an interoperability infrastructure connecting all types of blockchains, assets and apps.
https://www.binance.com/en/support/announcement/binance-will-list-axelar-axl-with-seed-tag-applied-2eb66d061d214c31a096cff35ede9360
⚡️EtherDrops now supports Blast.
https://x.com/etherdrops_bot/status/1763338253900677450
👉t.me/fomo
Ankr is collaborating with Babylon to launch their new BTC staking protocol.
Ankr will create liquid staking tokens (LSTs) for the bitcoin staked via Babylon.
https://twitter.com/ankr/status/1763341377239445818
Rumours: Bank of America Corp.’s Merrill arm and Wells Fargo & Co.’s brokerage unit are offering access to ETFs that invest directly in Bitcoin.
https://news.bloomberglaw.com/business-and-practice/bofas-merrill-wells-fargo-offer-bitcoin-etfs-to-wealth-clients
SushiSwap will announce BLAST related event soon.
https://twitter.com/SushiSwap/status/1763206335653642277
Portal will launch staking on 1 March.
https://twitter.com/Portalcoin/status/1763139362727063902
⚡️ Top Derivative DEXs by Volume
👉 https://dropstab.com/categories/derivatives
Pavel Durov: “After my last post, some people expressed concern that, as a result of ad sales exclusively for TON, Telegram may end up holding an unhealthy share of Toncoin, which will be too concentrated for a decentralized ecosystem. We acknowledge these concerns and have come up with a solution.
To limit Telegram’s share of TON at ≈10% of the supply, we’ll be selling the upcoming surplus of our TON holdings to long-term investors — under 1-4 years lockup and vesting plan, but at a discount to the market price. This way free-floating TON will get locked up, stabilizing the ecosystem and reducing volatility.”
/channel/durov/250
💧 Latest Bitcoin Ecosystem Funding Rounds
👉 https://dropstab.com/tab/bitcoin-ecosystem-fundraise-n8p0euds8n
Taiko, a decentralized, Ethereum-equivalent ZK-Rollup, has successfully raised $37 million across three funding rounds ahead of its mainnet launch this year.
Its most recent $15 million Series A was led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital, with participation from Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, WW Ventures, and more.
https://taiko.mirror.xyz/eWR2xKM_9yPf6FAJmqRqAHdyej95pBUdNJjHR-1_E50
Grayscale spot Bitcoin ETF banner being hung up on Wall Street.
https://x.com/bitcoinmagazine/status/1763583947928109331
MultiversX announces xExchange V3.0 is now available on testnet.
https://x.com/xExchangeApp/status/1763579184100552870
Binance has listed Axelar (AXL).
AXL is now trading at $2.3.
Market Cap: 1.48B
FDV: 2.89B
Axelar is an interoperability infrastructure connecting all types of blockchains, assets and apps.
https://www.binance.com/en/trade/AXL_USDT
Blast integrated Blast L2 on its platform.
https://twitter.com/BlastAPI/status/1763318644065378643
Blast is also one of the winners of its grant competition.
https://blastpublic.notion.site/Big-Bang-Winners-1f0a437a78794c34a74352b1b1351c86
Mnet (BitCountry) has had a TGE.
Tokens from the ICO will be available on 29 March.
https://twitter.com/BitDotCountry/status/1763109437798072610
Crypto Market Daily Review ☀️
The market is down. Market cap is $2.31T. Bitcoin is trading at $61.5K
dropstab | icodrops | twitter | telegram
Spot Bitcoin exchange-traded funds (ETF) could soon see an “even bigger wave” of institutional capital once the “major wirehouses” offer Bitcoin (BTC) ETF trades, according to Bitwise.
Bitwise’s CIO Matt Hougan’s comments come as Bank of America’s Merrill Lynch and Wells Fargo reportedly started offering spot Bitcoin ETFs to its wealth clients.
https://cointelegraph.com/news/bitcoin-etf-even-bigger-wave-next-few-months-bitwise
Vanguard Group CEO Tim Buckley will retire at the end of this year.
https://twitter.com/EricBalchunas/status/1763315645330935848
The Blast mainnet is now live.
https://x.com/blast_l2/status/1763316176263008551
JPMorgan says bitcoin price could drop toward $42,000 after April halving.
https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving
Floki developers plan to burn $11M tokens, reducing supply by 190B FLOKI.
https://www.coindesk.com/markets/2024/02/29/floki-developers-float-proposal-to-burn-11m-tokens-reducing-supply-by-190b-floki/
The ChainGuardians Gaming and Collectibles ecosystem expands to MultiversX.
ChainGuardians is a company focused on leveraging blockchain technology to create innovative experiences in the collectibles, gaming, and metaverse sectors.
https://multiversx.com/blog/cgg-expands-to-multiversx
Forgotten Playland Discord Stages is happening today at 14:00 UTC.
https://twitter.com/ForgotPlayland/status/1762848150602015089
http://discord.gg/forgottenplayland
Binance has listed Portal (PORTAL).
PORTAL is now trading at $3.1.
Market Cap: $518M
FDV: $3.1B
Portal is a cross-chain gaming platform with a mission to onboard more players to Web 3.0.
https://www.binance.com/en/trade/PORTAL_USDT