Newsletter Subject
There Is a New Meme Coin Generator in Town...
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coinmarketcap.com
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spotlight@newsletters.coinmarketcap.com
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Fri, Aug 23, 2024 11:40 AM
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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?
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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap.
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23 Aug 2024 11:40 UTC Another week, another head-scratcher⦠Crypto's been hit with yet another confusing week. While global financial markets are finally having their moment in the sun, our beloved crypto seems to be stuck in quicksand. Bitcoin, the OG crypto, barely managed to crawl its way to 61K. So, what's the deal? Is crypto playing hard to get, or is there something brewing beneath the surface? So, letâs discuss these events in detail and all the other big stories that happened in crypto in the past 24 hours. Here is a quick rundown of the top headlines we're gonna cover: - Bitcoin's price is stalling despite positive market vibes. [Whatâs going](~/AAQRxQA~/RgRoqvpIP0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtZGVzcGl0ZS1zdHJvbmctbWFjcm9lY29ub21pYy1kYXRhP2xpZD15ODgyOTVyd29kaGlXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) on? Is the crypto king losing its mojo? ð¤
- VanEck's not giving up on that Solana ETF. But how are they [so sure](~/AAQRxQA~/RgRoqvpIP0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrcy1oZWFkLW9mLXJlc2VhcmNoLXNvbGFuYS1ldGYtc3RpbGwtaW4tdGhlLXdvcmtzLWRlc3BpdGUtY2JvZS1maWxpbmctcmVtb3ZhbD9saWQ9eTlpeWpldDV6MHQ4VwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) about SOL ETFs? ð¤¨
- Crypto might be the catalyst in the US elections, but Kamala Harris is still leading the polls. Werenât the Republicans winning the elections according to the polls a few months ago? [What changed](~/AAQRxQA~/RgRoqvpIP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UteW91bmctY3J5cHRvLXZvdGVycy1zcGxpdC1iZXR3ZWVuLWRlbW9jcmF0cy1hbmQtcmVwdWJsaWNhbnM_bGlkPWZvbmg5bDlxY2M0dFcDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)? ð³ï¸
- Tether's making USDT transactions cheaper than ever on Aptos. [What discounts](~/AAQRxQA~/RgRoqvpIP0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLWxhdW5jaGVzLXVzZHQtb24tYXB0b3MtYmxvY2tjaGFpbi1mb3ItbG93ZXItdHJhbnNhY3Rpb24tZmVlcz9saWQ9M25za28wZnYxbjI4VwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) in fees are we talking about? ð¸
- Tron's new meme coin Sundog is going viral. [Is it time](~/AAQRxQA~/RgRoqvpIP0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJvbnMtc3VuZG9nLW1lbWUtY29pbi1zb2Fycy1hbWlkLWxhdW5jaC1vZi1qdXN0aW4tc3Vucy1zdW5wdW1wP2xpZD1tamo3NTdiNnRkeTFXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) for Tron memecoins now? ð Letâs dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP
$2.16T
▼0.04% (24h)
24H MARKET VOLUME
$57.74B
▼18.75% (24h) BITCOINâS DOMINANCE
55.65%
▼0.37% (24h)
FEAR & GREED INDEX
48
Neutral [Bitcoin] Bitcoin
$60,827.58
▼0.69% (24h) [Ethereum] Ethereum
$2,657.65
▲0.7% (24h) [BNB] BNB
$577.76
▼0.4% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoqvpIP0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTRmYXpneTQ0am1rOVcDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoqvpIP0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9dWE0aWU4d3dzYzBjVwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoqvpIP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD0wOW9mcDRydGkyZ2FXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoqvpIP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPXQ1MmFxam1mN2R6ZFcDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [White Yorkshire] [White Yorkshire](~/AAQRxQA~/RgRoqvpIP0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3doaXRlLXlvcmtzaGlyZS9XA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲3656.1% [ALL BEST ICO] [ALL BEST ICO](~/AAQRxQA~/RgRoqvpIP0QyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2FsbC1iZXN0LWljby9XA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲1280.95% [DOGO] [DOGO](~/AAQRxQA~/RgRoqvpIP0QqaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ28vVwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▲1112.25% TOP LOSERS 24H% [Michi] [Michi](~/AAQRxQA~/RgRoqvpIP0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL21pY2hpLWJzYy9XA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼99.78% [WOW] [WOW](~/AAQRxQA~/RgRoqvpIP0QpaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dvdy9XA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▼98.4% [Cyber Arena] [Cyber Arena](~/AAQRxQA~/RgRoqvpIP0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2N5YmVyLWFyZW5hL1cDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼95.82% â
â Crypto Bulls Stumble as Wall Street Soars Bitcoin's been all over the place lately. It shot up 6% between August 12-13, then took a dip below $60,000, bottoming out at $56,000. Now it's back at $61,000. Meanwhile, the S&P 500 is flirting with all-time highs, and Gold just hit a new record. But it's like Bitcoin didn't get the "everything's awesome" memo. 𥲠So what's the deal? Some say recession fears are spooking crypto traders. But Goldman Sachs just cut its recession odds from 25% to 20%. They're even hinting at a possible Fed rate cut in September. So what exactly is going on? Whatâs keeping Bitcoinâs price stalled? Read the [full story!](~/AAQRxQA~/RgRoqvpIP0RuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1zdHJ1Z2dsZXMtZGVzcGl0ZS1zdHJvbmctbWFjcm9lY29ub21pYy1kYXRhP2xpZD12cmRyemdicnZncmxXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) â Solana ETF Is Not Dead Yet, Says VanEck VanEck's still in the game, even after Cboe's regulatory filing is a no-go now. Matthew Sigel, VanEck's crypto expert, posted on X that their Solana ETF plans are still kicking, despite Cboe's filing doing a disappearing act. But what exactly happened? And how are they so sure about SOL ETFs? Read the [full story](~/AAQRxQA~/RgRoqvpIP0SNaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdmFuZWNrcy1oZWFkLW9mLXJlc2VhcmNoLXNvbGFuYS1ldGYtc3RpbGwtaW4tdGhlLXdvcmtzLWRlc3BpdGUtY2JvZS1maWxpbmctcmVtb3ZhbD9saWQ9MHJ0d3NweHE0anY3VwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! â Is Crypto Gonna Win the US Elections? Young crypto holders in swing states are playing political ping-pong, with 41% leaning Democrat and 39% Republican. These crypto-savvy youngsters could be the kingmakers in 2024. Trump's done a 180 on crypto. He went from calling Bitcoin a scam to launching his own NFTs, and now full-on supporting crypto. But Kamala Harris? She's still not sure. Werenât the Republicans winning the elections according to the polls a few months ago? What changed? Read the [full story](~/AAQRxQA~/RgRoqvpIP0R_aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY29pbmJhc2UteW91bmctY3J5cHRvLXZvdGVycy1zcGxpdC1iZXR3ZWVuLWRlbW9jcmF0cy1hbmQtcmVwdWJsaWNhbnM_bGlkPXlyb21nd2loeWpydVcDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)! â CMC NARRATIVES: SOLANA An overview of potential "Solana killers" â layer-1 blockchains that aim to surpass Solana's reputation as a high throughput blockchain with low fees and significant retail adoption... [Continue Reading.](~/AAQRxQA~/RgRoqvpIP0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcG90ZW50aWFsLXNvbGFuYS1raWxsZXJzLXRvLXdhdGNoLXN1aS1hcHRvcy1zZWktc29uaWMtYW5kLWh5cGVybGlxdWlkP2xpZD1iZzh1dHljY3E4bDJXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [CMC NARRATIVES: SOLANA](~/AAQRxQA~/RgRoqvpIP0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcG90ZW50aWFsLXNvbGFuYS1raWxsZXJzLXRvLXdhdGNoLXN1aS1hcHRvcy1zZWktc29uaWMtYW5kLWh5cGVybGlxdWlkP2xpZD1qMDZ6NHNscjZwdHNXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) â Track larger Solana trends on CMC Narratives: [Track Narrative](~/AAQRxQA~/RgRoqvpIP0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS92aWV3L3NvbGFuYS1lY29zeXN0ZW0_bGlkPWNwNHFpNXMxYjc0ZFcDc3BjQgpmu0h1yGaM6WPGUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) â USDT Gets a Speed Boost and Fee Cut Tether's making moves in the blockchain space, introducing USDT on the Aptos network. The goal? Slashing transaction costs to microscopic levels. We're talking sub-penny fees here. It's a bid to make USDT transactions viable for everything from buying coffee to funding major business deals. Why Aptos? Daily active users shot up from 96,000 in January to 170,000 in July on Aptos. In May, they hit 157 million transactions in 24 hours. So what transaction fees are we talking about here? Read the [full story](~/AAQRxQA~/RgRoqvpIP0R-aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGV0aGVyLWxhdW5jaGVzLXVzZHQtb24tYXB0b3MtYmxvY2tjaGFpbi1mb3ItbG93ZXItdHJhbnNhY3Rpb24tZmVlcz9saWQ9djdhcGZtOGo1eWI3VwNzcGNCCma7SHXIZozpY8ZSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! â Sundog's Rise: Tron's Answer to the Meme Coin Craze Tron's new meme coin, Sundog (SUNDOG), is making waves now. Launched on August 15, it's already hit a $126 million market cap, peaking at $325 million. A whale's $450,000 investment added fuel to the fire. Justin Sun, Tron's creator, just rolled out SunPump, a token generator pitched as the "first meme fair launch platform." Sundog's rapid ascent is drawing comparisons to Solana's Dogwifhat (WIF). But what exactly pumped this token so high? Is it time for Tronâs memecoins now? Read the [full story](~/AAQRxQA~/RgRoqvpIP0R6aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdHJvbnMtc3VuZG9nLW1lbWUtY29pbi1zb2Fycy1hbWlkLWxhdW5jaC1vZi1qdXN0aW4tc3Vucy1zdW5wdW1wP2xpZD1oZG9teTFta3IxOHlXA3NwY0IKZrtIdchmjOljxlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)! â And that's it for today. 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