🏴 The Rise of PEPE

gm Bankless Nation, in a memecoin cycle where Solana has been king, Ethereum's hottest memecoin is still the big winner.

The Rise of PEPE Published on May 29, 2024 View in Browser gm Bankless Nation, In a memecoin cycle where Solana has been king, Ethereum's hottest memecoin is still the big winner. Today's Issue ⬇️ ☀️ Need to Know: SEC Fined A judge hits SEC lawyers with a bill. 📊 Today in Markets: New King Grayscale loses the ETF crown. 🧪 Analysis: The Rise of PEPE ETH's record-breaker memecoin. 🛠️ Take Action: What We're Doing Crypto market opps we're watching. Citizens only! Sponsor: ORA — ORA is Ethereum’s Trustless AI, bringing Onchain AI to life. Sign Up Now .  .  . NEED TO KNOW SEC Slapped with Fine 👨‍⚖️ Judge Orders SEC to Pay Crypto Startup's Legal Fees. The SEC ordered to pay $1.8M in Debt Box case. Read more on Bankless.com Gemini Earn Depositors Made Whole. Depositors in the program get a happy ending to a drawn-out saga. Read more on Bankless.com ⭕️ Vitalik Spotlights Ethereum's L2 Cultural Advantages. Ethereum's nested networks bring diversity to the network, he says. Read more on Bankless.com .  .  . TODAY IN MARKETS Grayscale Loses the Crown Bankless Author: Jack Inabinet 📊 New King. The Grayscale Bitcoin Trust (GBTC) was initially created in 2013 and launched as the largest spot BTC ETF by assets under management thanks to a decade-long head start that allowed it to accumulate nearly $30B in BTC. Yesterday, GBTC’s reign came to an end. Which ETF has taken its place, and what conclusions can we draw from this development? Read More Analysis on Bankless.com Prices as of 6pm ET 24hr 7d Crypto $2.53T ↘ 1.5% ↘ 1.6% BTC $67,592 ↘ 1.3% ↘ 2.2% ETH $3,775 ↘ 2.1% ↗ 0.9% .  .  . ANALYSIS The Rise of PEPE Bankless Author: David C. Up over 100% this month and over 1100% year-to-date, PEPE has rocketed into the slot of the third-largest memecoin with a whopping $6.2B market cap.  The infamous frog has made a significant impact on the Ethereum memecoin ecosystem since its launch in April 2023, rising to become one of the highest consensus plays of this cycle so far. In this article, let's get a sense of where the token is at and where it may be going 👇 Get the Rundown FRIEND & SPONSOR: ORA ORA is Ethereum's Trustless AI. ORA's Onchain AI Oracle brings Llama 3, Stable Diffusion, and OpenLM models onchain. You can start to earn ORA Points for using onchain AI at ora.io/app/tasks. Follow @ORAProtocol on X for the latest Onchain AI updates, hackathons, and rewards. Sign Up Now .  .  . TAKE ACTION What We're Doing Each week, Citizens get a curated list of market opportunities that the Bankless team is watching. As a free subscriber, you're missing out! 👇 Upgrade to Unlock .  .  . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again? Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you. Upgrade Your Account Manage your account Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets. See our Investment Disclosures | Terms & Conditions | Privacy Policy Bankless © 2024 – Unsubscribe