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Marc Andreessen sparks the AI agent rally
Earlier than there became VIRTUALS, LUNA and FART, there became GOAT, the memecoin impressed by creator Andy Ayrey’s experiment which pitted two Claude AI units in an unending chatter.
Nonetheless it absolutely became none rather than a16z’s Marc Andreessen, who equipped the catalyst to ship the total sector actual into a frenzied rally, when he sent a $50k “study grant” to Ayrey in July.
With that, “AI agents on blockchains” became cemented as a scramble-to bullish talking level, provocative the imaginations of Crypto Twitter love by no procedure sooner than.
12-365 days-mature rugs memecoin
Consideration is the forex of memecoins, and in this case, the rugpull became the catalyst.
On this ironic coincidence, a 12-365 days-mature center schooler launched the QUANT memecoin on a are dwelling stream, dumped his tokens for a $30k earnings and jubilantly flipped off the digital camera.
The virality of the second proceeded to pump QUANT to an $84 million market cap in the next two hours, leaving our younger comrade with now not lower than $4 million in missed earnings.
The SEC’s pretend bitcoin ETF approval tweet
It became a publicity stunt straight off a Hollywood script when the SEC’s legit Twitter legend became hacked on Jan. 10, 2024 and posted a unfaithful announcement of the approval of bitcoin ETFs. Bitcoin’s mark observed a thousand dollar pump sooner than Gensler formally clarified that its legend became compromised.
In October, the hacker grew to become out to be a 25-365 days-mature American who deployed a “SIM swap” procedure utilizing an SEC employee’s deepest particulars.
Rapidly after the SEC legend hack, the bitcoin ETFs became then indubitably formally authorised, ushering in crypto’s first ever market pump sooner than the Bitcoin halving. Never a boring day in crypto.
Ansem vs. BitBoy for Crypto Fight Evening
A sequence of issues had to occur for this wrestle to occur.
Anyone had to point out the ridiculous opinion of pitting two males — who had fully no commerce being in the ring — in opposition to every other in a boxing match. That opinion had to adapt into deciding on and piquant two of crypto’s most hateable KOLs, and a good deal of money had to be spent to construct it occur.
Kudos to whoever achieved that BD miracle — even Dana White would’ve been proud.
The wrestle concluded in a lackluster procedure, but Bitboy’s utilize of a noteworthy-wished inhaler post-match will forever preserve a region in the ragged hall of reputation of crypto memes.
SLERF memecoin creator unintentionally burns investor cash
What would possibly maybe presumably per chance very nicely be succesful to switch negative with a memecoin funding which involves sending cash to an anonymous stranger’s pockets on the web?
After developer Slerfsol raised an perceive-popping $10 million for the SLERF memecoin, he then unintentionally sends $10 million value of the token present supposed for investors to a burn take care of, irreversibly destroying it.
“Guys I fucked up. I burned the LP and the tokens that had been space aside for the airdrop. Mint authority is already revoked so I will now not mint them. There would possibly maybe be nothing I will attain to repair this. I’m so fucking sorry,” Slerfsol tweeted, sooner than jumping on a Twitter Blueprint to apologise profusely amid tears.
Nonetheless shortage is ethical… proper? Love QUANT, the hilarity of the second ironically sent SLERF to a $450 million market cap.
