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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
The Daily Modern Market Snapshot: Tue 19 Aug
Majors: BTC 115k; ETH 4.2k; SOL 180
Headlines
- Crypto steadies as chances of September rate cuts fall and Trump meets with Zelensky pursuing peace deal
- Chamath announces new SPAC, American Exceptionalism, focusing on Energy, AI, Decentralised Finance and Defense
- Strategy changes its financing rules to allow it to sell MSTR equity ATM if mNAV falls below 2.5x
Notable PA
- PUMP falls another 10% to $2.8B
- Heaven DEX's LIGHT up 77% to $213M after 100% buyback announcement
- MANTLE +10% to $8.3B
Notable Sales
- CryptoPunk, Wild Hair - 80 ETH
- Beeple, Biological Collectible - 12.99 ETH
- Snowfro, Chromie Squiggle - 5.5 ETH
Web 3 Round Up
- Tom Lee's BitMine buys another $1.6B of ETH last week to bring it's total ETH holdings to $6.6B
- BTCS ETH treasury company announces it is the first public company to issue a dividend in ETH
- $1.72 trillion China Merchants Bank subsidiary launches 24/7 BTC trading in Hong Kong
- New memecoin launchpad Heaven reportedly has commited to using 100% of its protocol revenue forever to buybacks its LIGHT token
- Van Eck reiterates $180K BTC price target
- Former Barclays CEO Bob Diamond appears on podcast articulating bullish HYPE case
More News
- Pirate Nation announces sunsetting of original game due to size of audience attracted not justifying further investment and operation
- REKT announces mint details for Base Lime drink buy in collaboration with Base
- Hot NFT collection Moonbirds dips from 3.8 ETH floor to 3.2 ETH
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