The biggest memecoin mover of the day yesterday was a relatively new token CHILLGUY.

The token is based on a meme going viral across Tik Tok with a dog that recognizes himself as "just a chill guy."

For whatever reason, the market has loved this one and CT traders and normies alike are running this one up.

It soared 500% on the day to a $250M market cap.

The token is just 4 days old.

Anyone could have bought it for $6M just 2 days ago - a 40x in 2 days and an 80x in 3 days.

Just insanely rapid growth, and that's also tied to the rapidly increasing holder count.

CHILLGUY has amassed over 60,000 holders in that 4-day timespan, putting it on par with other meme leaders like GOAT ($1B mc) and PNUT ($1.6B).

Why It Matters

It seems we may finally be getting a taste of what the memecoin supercycle looks like when actual retail buyers get involved and not just CT traders throwing money back and forth.

The growth we have seen in CHILLGUY is unprecedented.

And more importantly, it seems the new trend for CHILLGUY is Tik Tokers sharing how to videos on trading memes referencing this one specifically.

So if CHILLGUY ends up being a big winner, expect a lot more attention to follow from retail.

Feels kind of like Feb 2021 Top Shot vibes.

We have already seen an explosion in other Tik Tok memes hit the market over the past few days, though none have really taken off - yet.

That's likely to change soon.

Find your social quant and get ready for the next meta to go into full swing - or stay sidelined.

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

• Ethereum led NFT trading volume with $9.5M on the day; Bitcoin was next with $4.5M, and then Solana with $3.5M
• ETH NFT leaders were mostly green; Punks even at 36 ETH, Pudgy +4% at 12.2 ETH, BAYC +1% at 13.4, Milady -10% at 5.9
• DeepBlack (+100%) and Tubby Cats (+100%) led notable top movers
• BTC NFT leaders were very red; Bitcoin Puppets -12% at 0.15 BTC, NodeMonkes -3% at 0.13 BTC, OMB -2% at 0.139, Quantum Cats -1% at 0.191
• The Runes leaders were also very red; DOG -14% at $750M mc, PUPS -20% at $305M, BDC -11% at $137M, CYPHER -16% to $35M

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are mixed with Bitcoin leading; BTC +2% at $93,700, ETH -1% at $3,100, SOL -4% at $237; ADA (+11%) and XLM (+8%) were top alt movers
• Memecoin majors are also mixed this AM; DOGE +1% at $0.388, SHIBA -4%, PEPE -2%, BONK +7%, WIF -5%, POPCAT -11%
• CHILLGUY and QAUNT combined for over $500M in volume leading Solana memes, running up 680% to $250M and 44x to $47M respectively
• IBIT saw nearly $2B in ETF option volume on its first day with Calls outweighing Puts 4.4:1
• Trump has chosen Howard Lutnick, a major Bitcoin advocate and Wall Street billionaire, as his Commerce Secretary—but not for the Treasury role he actively pursued
• Meanwhile there are 4 candidates for SEC Commissioner including several crypto friendly candidates
• Michael Saylor announced that he will talk to the Microsoft board about them buying BTC for their treasury
• Marathon Digital issued $850M in convertible debt to acquire Bitcoin
• Coinbase is delisting wBTC after creating its own cbBTC alternative
• Shaquille O'Neal agreed to an $11M settlement to compensate investors tied to his involvement in the Astrals NFT collection

🚀 Memecoin Movers 

• $QUANT (+55000% to $57M market cap, SOL)
• $blob (+14000% to $12M market cap, SOL)
• $WAIT (+24000% to $19M market cap, SOL)
• $HUZZ (+3000% to $14M market cap, SOL)
• $CHILLGUY (+540% to $270M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• Deep Black (115%, 0.9 ETH Floor)
• Tubby Cats (80%, 0.09 ETH floor)
• mpkoz (77%, 3 ETH)
• Banners (39%, 0.5 ETH)
• Heurist Imaginaries (35%, 2.2 ETH)

🗓 Upcoming Mints and Events

Today is a busy day of mints and events mostly focused in art and PFPs with no major highlights.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Taproot Pepes (10:00 a.m. ET)
• Memes by 6529 (11:00 a.m. ET)
• perfectloop x Verse (1:00 p.m. ET)
• Trevor Paglen x Fellowship (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

• Total: 1B $ME
• Initial claim: 12.5%
• Community: 37.7% (22.5% for users rest for eco)
• When: Soon (TBD)

Overall the team is keeping about 50% for themselves and contributors and sharing 50% with the community over the next 4 years.

We still don't know the math on converting diamonds to tokens, the main remaining open question along with when the airdrop will happen.

But the main reason for excitement - the $ME token tripled on Whales Premarket yesterday, reaching $3 per token.

That means this is a potential $375M airdrop if prices hold (that would put ME at a $3B FDV).

What Are They Saying?

The ME Foundation commented:

"The 12.5% community allocation instantly unlocked from the start matches that provided by Tensor, a rival Solana NFT marketplace to Magic Eden," said the ME Foundation in a post.

CEO Jack Lu also commented:

“You’ll be able to earn $ME through your daily use of Magic Eden products.”

So there will be more earning opportunities coming up.

Why It Matters

This is a big potential stimulus for the NFT community and for Runes traders (the only fungible token on Magic Eden).

As a reminder, Magic Eden is the #1 NFT market place by all key metrics (volume, unique wallets, 1st time wallets) over the past 6 months. They are in the driver's seat in 2024 and have plans to continue expanding.

That should bode well for their token valuation on launch.

Now, will the $3/token hold? Tough to say, and generally premarket values have been 30-50% higher than actual launch.

But we're in a bull market now, and there are tailwinds we haven't seen in 3 years.

This could be a very big airdrop. Then the question becomes - where will that hot ball of money rotate?

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

• Ethereum led NFT trading volume with $12M on the day; Bitcoin was next with $5.8M, and then Solana with $3.1M
• ETH NFT leaders were very green; Punks -2% at 36 ETH, Pudgy +14% at 11.8 ETH, BAYC +3% at 13.2, Milady +2% at 6.5
• Pudgy Rogs (+50%) and Tubby Cats (+40%) led notable top movers
• BTC NFT leaders were mixed; Bitcoin Puppets -5% at 0.17 BTC, NodeMonkes -1% at 0.135 BTC, OMB even at 0.142, Quantum Cats +2% at 0.194
• The Runes leaders were very green again; DOG +17% at $840M mc, PUPS -5% at $385M, BDC +6% at $150M, CYPHER +30% to $41M
• Zereborn NFTs led Solana movers, up 50% to 7.1 SOL; new GOAT NFTs doubled from mint price, now at 0.6 SOL

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are green up 1-2%; BTC +1% at $91,700, ETH +2% at $3,130, SOL +1% at $246; HBAR (+30%) and Tezos (+30%) were top alt movers
• Memecoin majors are mostly green this AM; DOGE +5% at $0.383, SHIBA +2%, PEPE -4%, BONK +2%, WIF -4%, POPCAT +3%; ZEREBRO hit a new ATH at $440M
• MicroStrategy added $4.6B in Bitcoin to its balance sheet in the past week at an average price around $88k while announcing another $1.75B offer of convertible notes to buy more BTC
• Options on BlackRock's IBIT Bitcoin ETF go live today
• Binance announced its plans to launch a new stablecoin with 19.9% yield
• Trump's media group is reportedly in talks to acquire crypto trading platform Bakkt , which provides SaaS solutions for crypto ownership and trading
• Meanwhile Trump is planning to meet with Coinbase CEO Brian Armstrong to discuss his cabinet appointments
• California rejected Lido DAOs argument that it's not a legal entity, with potential widespread ramifications for DAOs
• Cobie shared that he's been buying memes for months but not disclosing which ones, while hinting at some of his holdings

🚀 Memecoin Movers 

• $ELIZA (+73000% to $70M market cap, SOL)
• $BAKKT (+15000% to $17M market cap, SOL)
• $KIRBY (+19000% to $17M market cap, SOL)
• $CHILLBUY (+540% to $40M market cap, SOL)
• $ARIE (+160% to $10M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• Pudgy Rogs (50%, 0.52 ETH Floor)
• Banners (44%, 0.36 ETH floor)
• Tubby Cats (41%, 0.05 ETH)
• Treeverse (32%, 0.18 ETH)
• Yayo (25%, 0.28 ETH)

🗓 Upcoming Mints and Events

Today is a busy day of mints and events mostly focused in art and AI.

Joe Pease has a drop with Glitch and Raja Nandepu has a mint with Braindrops.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Dragons (10:00 a.m. ET)
• Joe Pease x Glitch (11:00 a.m. ET)
• Raja Nandepu x Braindrops (1:00 p.m. ET)
• Wyatt Wide World (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

Within DeSci, a new protocol Pump Science launched which performs longevity testing of certain drugs on a variety of animals (worms, mice, etc.) with new levels of testing and data streams unlocked at higher market caps.

Their first 2 tokens RIF (Rifampicin) and URO (Urolithin A) were 2 of the biggest winners in all of memes this weekend, running to $200M and $70M respectively and getting listed on Bybit and several Chinese exchanges.

Several other DeSci memes ran in the wake.

Another new meta from the weekend - memecoins x AI Agents x NFTs.

Last night, someone created Punk3493, a new AI Agent based on the likeness of a Zombie CryptoPunk burned by Snowfro.

The creator used the vvaifu AI Agent platform on Solana to launch and promised 1% of the tokens to Snowfro, which led to the token soaring to a $20M market cap in just a few hours and spawning multiple betas.

It's still to be seen if this latter meta has legs, but it has shined a light on the vvaifu platform which was a big winner here.

Why It Matters

The pace of the crypto space (and memes specifically) is accelerating.

It can be very profitable to stay on the look out for new trends and sectors and buy in early (see DeSci).

How to do that?

Build a high-signal list of accounts on X, join group chats, use Kaito AI to spot data trends and generally keep your head on a swivel.

Information is the key here, and then being able to filter noise from signal.

But also, don't get caught up on the ones you missed. The next opportunity is just around the corner...

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

• Ethereum led NFT trading volume with $8M on the day; Bitcoin was next with $7.2M, and then Solana with $3.7M
• ETH NFT leaders were mixed but closed a very green ween; Punks -1% at 37 ETH (+20% on week), Pudgy even at 10.1 ETH (+14%), BAYC -2% at 13 (+20%), Milady +17% at 6.4 (_+25%)
• Realms (+100%) led notable top movers
• BTC NFT leaders were mostly red; Bitcoin Puppets -2% at 0.178 BTC, NodeMonkes -5% at 0.136 BTC, OMB -1% at 0.142, Quantum Cats -6% at 0.19
• The Runes leaders were very green up 10-50%; DOG +4% at $700M mc, PUPS +35% at $394M, GIZMO even at $55M mc, BDC +27% at $140M, CYPHER +50% to $33M
• Solana NFT leaders closed a green week led by SMB Gen 2 (+88%), Mad Lads (+16%) and Tensorians (+35%), along with new Meme NFTs like Zereborns (now 5 SOL floor)

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are mixed led by Solana; BTC even at $90,700, ETH -1% at $3,070, SOL +4% at $244; HBAR (+30%), OM (+30%) and XLM (+25%) were top alt movers
• Memecoin majors are mostly red this AM; DOGE even at $0.36, SHIBA even, PEPE +1%, BONK -2%, WIF -7%, +11%, POPCAT -2%; the BAN meme jumped 75T% to $300M on news of a Binance perps listing
• The overall crypto market cap hit a new ATH at $3.06T on Monday morning, up nearly 1% on the day
• The Bitcoin and ETH ETFs closed the week with 2 days of outflows after seeing all green since the Trump election win
• Decentralized Science (DeSci) memecoins were one of the hottest corners of the meme market this weekend, led by VITA, RIF, URO and more
• Paul Tudor Jones became a top 10 holder of IBIT in the past week with over $150M in holdings
• Solana monthly DEX volume reached $70B for the first time
• Cobie was one of the first traders to complete a transaction on Monad, sharing it this morning

🚀 Memecoin Movers 

• $<flashing colors> (+27000% to $30M market cap, SOL)
• $G (+3600% to $30M market cap, SOL)
• $SATOSHI (+990% to $14M market cap, SOL)
• $RIF (+170% to $193M market cap, SOL)
• $URO (+160% to $65M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• Realms (100%, 0.27 ETH Floor)
• CryptoPhunks (50%, 0.1 ETH floor)
• Bastard Gan Punks (27%, 0.11 ETH)
• Peplicator (27%, 0.08 ETH)
• Peplicator (51%, 0.08 ETH)

🗓 Upcoming Mints and Events

Today is a busy day of mints and events to start the week.

The Doodles x McDonalds collab goes live, the Magic Eden tokenomics drop and then there are a handful of art and meme mints.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Ordinal Pizza - The Chefs (10:00 a.m. ET)
• Memes by 6529 (11:00 a.m. ET)
• $ME Tokenomics (12:00 p.m. ET)
• Shape x Alchemy x Station3 - Shape New Worlds (12:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

• Ethereum led NFT trading volume with $12.9M on the day; Bitcoin was next with $5.1M, and then Solana with $4.8M
• ETH NFT leaders were mostly green; Punks +12% at 32.9 ETH, Pudgy -3% at 9.4 ETH, BAYC +3% at 11.4, Milady +7% at 5.12
• The CryptoPunk floor jumped 12% on the day to 32.9 ETH ($105k) on the back of a big $1M sweep from Wintermute
• Lo-Fi Pepe (+10%), Peplicator (+50%) and Mog Auras (+33%) led notable top movers
• BTC NFT leaders were mixed; Bitcoin Puppets +2% at 0.183 BTC, NodeMonkes -3% at 0.132 BTC, OMB -4% at 0.154, Quantum Cats -1% at 0.204
• The Runes leaders were mostly green; DOG +4% at $392M mc, PUPS +6% at $298M, GIZMO +15% at $62M mc, BDC -2% at $104M
• Cypher Genesis was the top Runes mover jumping 100% to a $16M mc, now up 600% on the week
• Zereborn NFTs were the leader on Solana, jumping 90% to a 3.24 SOL floor
• The McDonalds x Doodles collab information is reported to drop this morning (so be on the lookout)

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are green led again by Bitcoin; BTC +3.6% at $91,000, ETH even at $3,170, SOL +3% at $214; all of the top 7 biggest movers were memes
• Memecoin majors are very green following PEPE's Coinbase listing; DOGE +1 at $0.391, SHIBA +3%, PEPE +56%, WIF +30% (also got Coinbase listing), BONK +11%, PNUT +35%, POPCAT +24%
• Elon praised DOGE's flat inflation rate as a "Feature, not a bug" in a response to a tweet about its tokenomics
• Senator John Thune was elected to serve as Senate Majority Leader, important because Thune is considered pro-crypto, has backed crypto bills in the past and is expected to help drive crypto regulatory change.
• IBIT saw $5B in trading volume on the day as the ETFs pick up speed
• Coinbase added both WIF and PEPE to its platform on Wednesday, leading to a temporary surge in both; meanwhile Coinbase soared to the #1 finance app on iOS
• Robinhood listed PEPE as well along with several other coins it had delisted (i.e. Solana)
• Polymarket is facing a Department of Justice probe into their users, which also resulted in a raid on founder Shayne Coplan's home
• Bitwise acquired Attestant, a non-custodial Ethereum staking provider with $4 billion in staked assets
• Meanwhile Bitwise's chief investment officer Matt Hougan believes Bitcoin can run to $500k, a sentiment shared by Mike Novogratz on CNBC yesterday
• NFL Player Odell Beckham Jr. taunted the anti-crypto crowd, boasting about taking his salary in Bitcoin and showing the chart

🚀 Memecoin Movers 

• $OBOT (+35000% to $30M market cap, SOL)
• $🦅 (+30000% to $17M market cap, SOL)
• $LESTER (+9700% to $10M market cap, SOL)
• $FRED (+200% to $260M market cap, SOL)
• $SHOGGOTH (+130% to $88M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• The Doge Pound (220%, 0.16 ETH Floor)
• MatrixWorld (200%, 0.18 ETH floor)
• Lo-Fi Pepe (150%, 0.25 ETH)
• CEDEN (80%, 0.06 ETH)
• Peplicator (51%, 0.08 ETH)

🗓 Upcoming Mints and Events

Today is a very busy day of mints and events, mostly in the art sector.

Marfa kicks off so look out for any stealth mints tied to that. Otherwise 0xSerra, ClownVamp, Roope and others all have drops.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Marfa - Kick Of (8:00 a.m. ET)
• 0xSerra x fxhash - Artificial Selection (10:30 a.m. ET)
• Apechain Dinos (11:00 a.m. ET)
• ClownVamp - The Junk Machine (12:00 p.m. ET)
• Roope Rainisto x Mercedes NXT - Symbiosis (12:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

MoonPay introduced "MoonPay Balance," a fiat balance feature allowing users to top up accounts and make zero-fee purchases of more than 50 cryptocurrencies.

The Deets

• Instant Purchases: MoonPay Balance offers instant, zero-fee crypto purchases with high approval rates
• Multiple Payment Methods: Users can fund accounts with options like SEPA, Faster Payments, and Open Banking
• Sell and Withdraw: Crypto can be sold back to MoonPay Balance or withdrawn anytime
• UK & EU Availability: Currently available in the UK and EU (excluding Germany), with expansion plans underway

The Bulk

MoonPay's latest feature, "MoonPay Balance," aims to simplify crypto transactions by allowing users to fund accounts with fiat currency. With a loaded balance, users can instantly buy over 50 different cryptocurrencies with no MoonPay fees.

Users can top up their accounts via various payment methods, including SEPA, Faster Payments, and Open Banking. 

In addition to buying crypto, MoonPay Balance allows users to sell assets back into their account or withdraw funds to a bank or supported payment method. The feature is currently available for UK and EU customers (excluding Germany), and MoonPay partners  Phantom, Uniswap, and Bitcoin.com will allow for purchase using MoonPay Balance. 

For more web3 and NFT news, visit the Lucky Trader newsfeed.

Yesterday President-elect Donald Trump appointed Elon Musk and entrepreneur Vivek Ramaswamy to head the new Department of Government Efficiency (D.O.GE).

The agency's mission is to streamline government operations, cut costs, and increase accountability. 

Trump promised this on the campaign trail and is making it a reality.

He went on to call this potentially "The Manhattan Project" of our time, while Elon commented "This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!"

There are massive implications for this decision to U.S. Government operations, to the deficit and likely to all American citizens.

But the more immediate implications were felt in the crypto memecoin market.

Market Impact

So if you haven't picked up on it yet, the name of the new department is DOGE - Elon's favorite memecoin.

Interestingly, it didn't move much though DOGE is hanging out at $0.39 ($57B market cap) and a 3-year high.

But it did impact the 2 new D.O.G.E. memecoins made in the likeness of this department.

• The ETH DOGE meme ran up 125% to $430M market cap
• The Solana DOGE meme ran even harder, up 1500% to $37M

Massive moves.

But they weren't alone.

PNUT, the Squirrel-turned mascot of the right and touted frequently by Elon himself, ran to an insane $1.3B market cap overnight. That was a +200% move on the day and it's now up over 13x in 2.5 days.

Just insane action and gains to be made by those holding.

Why It Matters

As I mentioned above, there are massive implications to everyone in the U.S. based on this announcement.

But I'll leave that to the political and economic experts.

I'll focus on the memecoin market.

A new trend is clear - any major event or news item is being memed and tokenized. These DOGE memes tied to the new department are only a few months old (the Solana one is less than 2 weeks old). 

And they're running to insane valuations.

This is only going to increase this cycle, not decrease.

It presents a big opportunity for those who are interested in trading memes to find potential high-attention memes like DOGE and trade them.

And if you missed this one, don't worry - there will be many more to come.

Now you just have to go find them...

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

• Ethereum led NFT trading volume with $8.8M on the day; Bitcoin was next with $8.7M, and then Solana with $5.2M
• ETH NFT leaders were green; Punks +1% at 29.4 ETH, Pudgy +4% at 9.69 ETH, BAYC -1% at 11.3
• Doodles soared 50% to 2.2 ETH after teasers of their new collab with McDonalds were shared on the McDonalds X account
• The Undead (+240%), Loot (+140%) and Space Doodles (+65%) led notable top movers
• BTC NFT leaders were very red giving back recent gains; Bitcoin Puppets -21% at 0.17 BTC, NodeMonkes -15% at 0.135 BTC, OMB even at 0.159, Quantum Cats -5% at 0.206; Bitcoin Wizards (+22%) were top movers
• The Runes leaders were mostly red; DOG -9% at $375M mc, PUPS -4% at $280M, GIZMO even at $54M mc, BDC -15% at $106M
• A FWOG NFT sold for 250 SOL, the 2nd NFT to sell for that amount or more on the day
• The Tensor team introduced Vector dot Fun, their new trading platform aimed at redefining SocialFi; Vector is mobile-first, multi-chain and built around the social nature of crypto
• Jack Butcher and his partner Jalil saw 150,000 mints on their latest open edition "Artifacts" drop on ETH
• Raoul Pal shared that he has acquired XCOPY's "Last Selfie" piece for an undisclosed amount

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are mixed led by Bitcoin; BTC +1% at $88,000, ETH -3% at $3,170, SOL -1% at $207; SUI (+7%) and OM (+5%) were notable alt movers
• Memecoin majors are mostly green following DOGE; DOGE even at $0.387, SHIBA -7%, PEPE +3%, WIF +3%, BONK +22% (got Binance listing), PNUT +250%, POPCAT -6%
• PNUT was the top meme mover of the day jumping 250% to $1.4B after Elon said it and DOGE saved democracy
• Trump's top pick for Treasury Secretary Scott Bessent is a supporter of the U.S. establishing a Bitcoin Strategic Reserve
• Coinbase launched its Coinbase 50 Index including the top 50 eligible crypto tokens weighted by market cap
• Solana announced the winners of its Radar Hackathon across Instractrusture, DAOS, DePIN, Gaming and more categories
• Dogecoin ETFs may be coming based on historical applications and the political regime change
• Stablecoins have added over $5B in market cap in the past week, indicating capital inflows

🚀 Memecoin Movers 

• $DOGE (+1500% to $35M market cap, SOL)
• $FRED (+355% to $94M market cap, SOL)
• $PNUT (+269% to $1.5B market cap, SOL)
• $DOGE (+100% to $440M market cap, ETH)
• $MIST (+70% to $31M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• The Undead (240%, 0.47 ETH Floor)
• The Saudis (200%, 0.05 ETH floor)
• Loot (140%, 0.25 ETH)
• Space Doodles (65%, 2.79 ETH)
• Dooplicator (53%, 0.08 ETH)

🗓 Upcoming Mints and Events

Today is a busier day of mints mostly focused in the art sector.

Sara Smith, Harto, Rik Oostenbroek and more have drops today across different chains.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Memes by 6529 (11:00 a.m. ET)
• Sara Smith - Rainbow (12:00 p.m. ET)
• Harto - Atlas (12:00 p.m. ET)
• Rik Oostenbroek - Verloop (12:00 p.m. ET)
• Petra Cortright x Verse (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

Animoca Brands raised an additional $10 million to build out Mocaverse, its flagship NFT project and web3 adoption engine, as part of its vision for a more connected crypto ecosystem.

The Deets

• Mocaverse Growth: New funding supports scaling Mocaverse, Animoca’s interoperable identity system for Web3.
• Strategic Investors: OKX Ventures, CMCC Global, and Decima Fund are among the backers.
• Focus on Mass Adoption: Mocaverse enables large ecosystems to onboard millions of users through Web3-based identity and reputation features.
• Key Partnerships: Recent partnerships with Anime Foundation, MyAnimeList, and TON Foundation expand Mocaverse’s reach to 900 million users across Telegram, anime, and sports communities.

The Bulk

Animoca Brands, a major player in the blockchain space, continues its commitment to driving mass adoption of Web3 technology through Mocaverse. This interoperable infrastructure layer, which focuses on identity, account, and reputation systems, is designed to support consumer crypto adoption on a large scale. Mocaverse’s $10 million funding round, backed by heavyweights like OKX Ventures and CMCC Global, will accelerate the development of the Moca Network, a decentralized ecosystem aimed at connecting users across diverse digital communities.

The new funds will bolster Mocaverse's initiatives, such as the Realm SDK, a tool allowing Web3 developers to create reputation-based ecosystems compatible with Mocaverse. Additionally, Mocaverse has introduced Moca ID, an on-chain identity system that has gained significant traction, with over 1.79 million IDs registered and 160 Web3 activations involving prominent names like Pixels, BLOCKLORDS, and Trust Wallet.

Partnerships with the Anime Foundation, MyAnimeList, and One Football have positioned Mocaverse to tap into 218 million monthly users. These collaborations, alongside a strategic integration with the TON Foundation, bring the potential to engage up to 900 million Telegram users, capitalizing on shared interests across cultural and social verticals.

🎤 Founder Feedback

🔜 What's Next?

As Mocaverse continues its expansion, future partnerships will focus on onboarding communities across gaming, sports, and social platforms. Animoca’s vision is to integrate Web3 into everyday digital interactions, aligning with its mission to advance digital property rights.

For more web3 and NFT news, visit the Lucky Trader newsfeed.

It jumped more than 10% from $80,000 to $89,000 (nearing $90k at peak), settling this morning at $87,500.

The move came on the back of massive ETF inflows, reaching $1.1B in total on the day driven by $756M from IBIT alone.

That brings Bitcoin to a $1.73T market cap and broader crypto up to $2.93T.

Now all eyes are focused on the magical target of $100k Bitcoin, though Polymarket has the odds of Bitcoin reaching $100k in 2024 at just 60% right now (feels a bit low for a 15% move from here).

What could take it there?

Well Senator Cynthia Lummis is doing her part to help.

Yesterday she officially drafted the Bitcoin Strategic Reserve bill which would have the U.S. government buy 200,000 Bitcoin per year for 5 years in a row to accumulate 1M Bitcoin by 2030.

That bill, if it even comes close to being passed, would move markets significantly. Nation states would race to buy Bitcoin, along with major companies.

None of us are bullish enough.

Market Impact

It wasn't just Bitcoin that saw ETF inflows.

ETH had its own record-breaking day with $296M in net inflows, nearly triple its previous ATH. That brings the ETH overall ETF outflows down to $28.7M - meaning they may finally flip net positive as soon as today.

That will be a huge milestone for the ETH maxis out there - the institutions are finally coming for your ETH.

But the biggest winner of the which felt the biggest impact of the Bitcoin move was DOGE.

The leading memecoin soared another 37% to $0.40 and $59B in market cap, now up 133% on the week.

Other meme leaders were a bit more mixed on the day, though most were green.

Bitcoin-related stocks pumped on the move:

• MicroStrategy +25% to $340 ($69B mc) and a new 24-year high
• Coinbase +20% to $324 ($81B mc) and just 5% off its ATH

The Bitcoin NFT ecosystem felt the pump as well, with the leading Ordinals all jumping 10-20% led by Bitcoin Puppets now at 0.23 BTC.

Why It Matters

Retail is about to capitulate into Bitcoin and the crypto ecosystem.

Monday was the signal.

The $725B asset manager Bernstein told investors to buy Bitcoin and crypto "as soon as possible."

And the price going higher is reflexive. It's a feedback loop. The higher the price, the safer it seems (also the Lindy effect).

It becomes even safer at $100k.

And as a reminder, when mainstream buys, they hold for years with a conscious eye on capital gains taxes. These aren't your degen memecoin trader looking for a 15% scalp and moving on.

Higher, for longer.

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

• NFT volume soared by nearly 100% with Ethereum leading NFT trading volume with $12.5M on the day; Bitcoin was next with $8.7M, and then Solana with $5M
• ETH NFT leaders were green led by Punks; Punks +10% at 29 ETH, Pudgy +4% at 9.35 ETH, BAYC +6% at 11.4
• Lasogette (+70%), Doodles (+26%) and Project Aeon (+26%) led notable top movers
• CryptoPunks saw 35 sales in their biggest day in weeks with the floor reaching 29 ETH
• BTC NFT leaders were very green; Bitcoin Puppets +25% at 0.227 BTC, NodeMonkes +8% at 0.158 BTC, OMB +9% at 0.159, Quantum Cats +8% at 0.216; Bitcoin Frogs (+49%) and Based Angels (+60%) were top movers
• The Runes leaders were mixed led by GIZMO; DOG -9% at $403M mc, PUPS +3% at $290M, GIZMO +40% at $55M mc, BDC -5% at $123M
• Zereborn NFTs launched on Solana, minting for 0.1 SOL and running to 1.5 SOL at peak before retracing to 0.7
• Blur had a governance proposal submitted to turn a $BLUR fee switch on
• A FWOG NFT from The Pond collection sold for 259 SOL ($57,000)

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

• Crypto majors are mostly green led by Bitcoin; BTC +5% at $87,000 (hit close to $90k overnight); ETH +2% at $3,240, SOL -4% at $208; WLD (+8%) and RENDER (+8%) were notable alt movers
• Memecoin majors are mostly green following DOGE; DOGE +30%, SHIBA even, PEPE +4%, WIF -6%, POPCAT -7%, and BONK +14%
• The odds of Bitcoin hitting $100k in 2024 hit a new high of 63% on Polymarket
• MicroStrategy stock hit a 24-year high on the back of the Bitcoin surge at $340
• Coinbase stock soared to $324, now up 75% since Trump was elected
• The Bitcoin ETF inflows reached $1.1B on Monday and ETH saw $295M (new ATH)
• "ETH 3.0" is rumored to be announced this week, with the newest update focused on reducing block time and integrating native zkEVM
• $2B in USDT was minted on Ethereum on Monday
• Spirit Blockchain Capital is aiming to be the MicroStrategy of Dogecoin according to CEO Lewis Bateman with its stock soaring 120% over the past week along with the rise of Dogecoin
• FTX sued Binance for $1.76B tied to fraudulent fund transfers in a deal to buy Binance's equity stake

🚀 Memecoin Movers 

• $MIST (+16,000% to $20M market cap, SOL)
• $HAPPY (+69% to $84M market cap, SOL)
• $FRED (+60% to $20M market cap, SOL)
• $BAN (+47% to $80M market cap, SOL)
• $LUCE (+40% to $125M market cap, SOL)

📈 NFT Floor Price Increase (ETH)

• Consortium Key (122%, 0.28 ETH Floor)
• Final Forms (100%, 0.16 ETH floor)
• Lasogette (70%, 0.2 ETH)
• Cryptoadz (29%, 0.42 ETH)
• Doodles (25%, 1.68 ETH)

🗓 Upcoming Mints and Events

Today is a busier day of mints, spanning art, PFPs and mint passes across chains, though without major highlights.

See the full list and dive in for more details with Swizzy's daily mint monitor. 

• Sh/apes (11:00 a.m. ET)
• Chimpers - Diamond Fleece Mint Pass (12:00 p.m. ET)
• Arcades(12:00 p.m. ET)
• Rare Scrilla x Kane Mayfield - 42069 (12:00 p.m. ET)
• Paul Prudence x Verse (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.d.warner@gmail.com.

Split Capital introduced a governance proposal to enable a "fee switch" on the Blur NFT Marketplace, potentially adding a new revenue opportunity. 

The Deets

• Fee Structure: Proposal suggests adding a 0.5% protocol fee on each trade on Blur. 
• Tokenomics Update: Introduces two tokens—$BLUR for utility and $veBLUR for governance.
• Incentives: Season 4 rewards 30 million $BLUR to active traders; $veBLUR holders would gain voting rewards.
• Collection Voting: $veBLUR holders could vote on collection-specific multipliers to direct rewards.

The Bulk

The proposal from Split Capital would mark a notable shift in the Blur NFT Marketplace’s operations, where trades have previously incurred 0% fees. By implementing a 0.5% protocol fee on each trade, the proposal aims to enhance platform sustainability while directing fees to vote-escrowed BLUR (veBLUR) token holders, rewarding long-term participants.

The proposed system revamps Blur’s tokenomics by introducing $BLUR for utility and $veBLUR for governance. While $BLUR tokens fuel the platform's incentives, $veBLUR would empower holders to vote on key decisions, including trading fee allocation and collection rewards.

Additionally, in this scenario, $veBLUR holders would be avle to vote to adjust collection multiples for specific NFT projects, like Azuki or Bored Ape Yacht Club. These voting powers allow holders to influence reward distribution, driving liquidity to collections they favor and enhancing market depth.

❗Why It Matters

Turning on the "fee switch" has long been a topic of debate for protocols with governance tokens and this does not mark the first instance in which the fee switch was suggested for Blur, aiming to provide a more substantiative utility to the Blur token. 

🔜 What’s Next?

With Season 4 underway, Blur's community is encouraged to engage in ongoing discussions around the proposal prior to it moving towards an official DAO vote. 

For more web3 and NFT news, visit the Lucky Trader newsfeed.

Token Mill, a new token creation platform from the decentralized exchange LFJ (previously known as Trader Joe, will launch on Solana this week. 

The Deets

• Bonding Curve AMM (BCAMM): Token Mill utilizes a bonding curve AMM, allowing creators to set token distribution and trading fees on unique curves.
• Earn and Stake: Users can earn fees by launching tokens, participating in staking, and referring others to the platform.
• Vesting Locker: Projects can allocate and lock tokens for vesting, adding an extra layer of project security and customization.
• Community Flywheel: Aligned incentives among creators, stakers, and referrers drive platform growth and engagement.

The Bulk

Token Mill introduces a new token creation standard on the Solana blockchain through its Bonding Curve AMM (BCAMM) model. Designed for easy and secure token creation, Token Mill’s aims to empower users to launch, manage, and grow tokens with tailored settings.

Token creators can set up custom token parameters, including trading fees and vesting periods through a built-in locker, enhancing security and project sustainability. Additionally, users benefit from staking capabilities, enabling token holders to earn a share of generated trading fees without exposure to impermanent loss (IL).

🔜 What's Next?

An official launch date has not been shared, but Token Mill is expected to go live on Solana mainnet this week. 

For more web3 and NFT news, visit the Lucky Trader newsfeed.