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Another thrilling week for meme coins. It's a rollercoaster that never ends. At least for the top 10 meme coins, showcasing the volatility and speculation that define this corner of the crypto market. Here's what went down with your favorite tokens. Dogecoin (DOGE) had its ups and downs, at one point going up so sharply, it gave hope for a real rebound, driven largely by renewed interest from retail investors and a flurry of trading activity. It seemed the iconic meme coin, which has seen its fair share of ups and downs, continues to benefit from the broader bullish sentiment in the crypto market. But the week ended with a rather sad decline (-6%). Dogecoin's developers have also been working on updates to improve the coin's functionality, including security enhancements and API improvements. Shiba Inu (SHIB) also had a strong showing at some point. And then dived (-7%). The token's price has been buoyed by its ongoing burn strategy, which has reduced its circulating supply significantly. The introduction of Shibarium, Shiba Inu’s Layer 2 solution, has sparked bullish sentiment among its community, helping the token to maintain its position as one of the top-performing meme coins on Ethereum. Will it last? We'll see. Pepe (PEPE) isn't doing even near as good as fans have hoped. It went down significantly (-13.9%). And yet, this frog-themed meme coin continues to capture the imagination of investors, with its market cap now exceeding $5 billion. Hopefully, the spike in PEPE's price will be attributed to substantial market inflows and the broader momentum in the meme coin sector. Dogwifhat (WIF) was miserable, to say the least. A jaw-dropping 23% decline is difficult to explain simply mentioning market volatility. The Solana-based token, inspired by a viral image of a Shiba Inu wearing a pink hat, has quickly become a favorite among traders. The hopes were so high. Its decentralized governance model and strong community engagement have only added to its appeal. But WIF has been performing poorly recently not living up to investors' expectations. Bonk (BONK), another Solana-based meme coin, also experienced steady decline (-13%). Bonk has a vast audience of crypto believers thanks to its unique positioning within the Solana ecosystem. The coin's trading volume surged in the past few weeks, reflecting increased investor interest. That might be a good sign. Floki (FLOKI) enjoyed a moderate decline (-13%) rise, driven by a combination of market optimism and key developments within its ecosystem. Floki's diverse range of features, including a play-to-earn game and staking options, has helped it gain traction among crypto enthusiasts. Its market cap now stands at over $1.8 billion, making it a serious contender in the meme coin space. Many experts say Floki has not yet shown its true ability to withstand market fluctuations. Brett (Based) and Book of Meme (BOME) have been relatively quiet compared to the troublesome performances of their counterparts. However, both coins have seen modest decline as they continue to build their respective communities and develop use cases within the crypto space. DeXe (DEXE), a governance token for decentralized finance (DeFi) applications, is a very unusual type of a meme coin (not everyone agrees with such a definition) but has nonetheless been caught up in the broader market's positive sentiment. The token has seen a steady increase in value lately as investors seek exposure to DeFi-related assets. Last weeks decline was almost negligible for DEXE (-6%). At least in comparison to some other coins in our list. Finally, Popcat (SOL), the Solana-based token inspired by the popular internet meme, has crashed painfully (-32%). While not as explosive as some of the other coins, Popcat has a loyal following and continues to be a popular choice for meme coin enthusiasts on the Solana network. Will this sharp decline influence this sentiments remains to be seen.

What is a Web3 wallet and how to one that fits your needs? Crypto users can’t live without wallets. Those are the essence of the crypto. Yet, there are different kinds of crypto wallets. And if you are still using good old crypto wallets for crypto tokens from «first» layer only (i.e. BTC, ETH) only you are missing so much. The Web3 era has come. And it is here to stay for a while. To make sure you don’t deprive yourself of the best gimmicks of the modern crypto world, you need a Web3 wallet right now. Which one to choose in 2024? What is a Web3 wallet? A Web3 wallet is a digital tool that allows users to securely manage and interact with cryptocurrencies, tokens, and decentralized applications (dApps) on the blockchain. Unlike traditional wallets, Web3 wallets are non-custodial, meaning users have full control over their private keys and, consequently, their assets. Of course, there are traditional non-custodial wallets for BTC and other tokens. Advanced users refer those, but myriads of users never bother to think of the nature of the wallets they are using. Web wallets are secure. But that’s not the only point. These wallets enable seamless access to the decentralized web, including activities like trading tokens, interacting with DeFi platforms, and purchasing NFTs. Web3 wallets also often include features such as dApp browsers and support for multiple blockchain networks, making them essential tools for navigating the evolving digital landscape. Let’s take a look at 10 best Web3 wallets for 2024. 1. MetaMask We will open with MetaMask, and that will probably hardly surprise you. Metamask is arguably the most popular Web3 wallet in the crypto space. Especially among Ethereum users. No wonder, because Ethereum is the blockchain that gave birth to Web3, though someone might disagree, of course. MetaMask is to Ethereum what peanut butter is to jelly - they just go together. After all, Ethereum is the blockchain that birthed Web3 (though some crypto purists might fight you on that one). What's the big deal, you ask? Well, imagine a wallet that plays nice with pretty much every decentralized app (dApp) out there. That's MetaMask for you. It's like the cool kid at school that everyone wants to hang out with. You can slap it on your browser as an extension or carry it in your pocket as a mobile app. Either way, it's your golden ticket to the Ethereum wonderland. Want to swap tokens? Done. Impulse-buy an NFT at 3 AM? Go for it. All without leaving the comfort of your MetaMask home. But wait, there's more! For you security nerds out there (and let's face it, in crypto, we all should be), MetaMask buddies up with hardware wallets like Ledger and Trezor. It's like having a bouncer for your digital assets. The best part? MetaMask somehow manages to be the Jack of all trades and master of... well, most of them. It's got enough bells and whistles to keep the crypto veterans happy, but it's also newbie-friendly enough that your grandma could probably figure it out (no offense, Gran). So, whether you're a Web3 wizard or just dipping your toes in the crypto waters, MetaMask might just be the wallet you've been looking for. It's like the Swiss Army knife of the crypto world - handy, versatile, and always ready for action. 2. Coinbase Wallet Ever felt like you're not really in control of your crypto? Well, Coinbase Wallet might just be your new best friend. Unlike its big brother, the main Coinbase app (which is basically a digital Fort Knox for your coins), this wallet puts you in the driver's seat. We're talking full control over your private keys and digital goodies. It's like having your own personal crypto vault, but without the hassle of digging a hole in your backyard. This wallet isn't picky either. It'll happily store your run-of-the-mill tokens, those funky NFTs you impulse-bought at 2 AM, and even some Layer 2 solutions like Polygon. And if you're already part of the Coinbase fam? Transferring your assets between the exchange and the wallet is smoother than a buttered-up penguin on an ice slide. But wait, there's more! Coinbase Wallet comes with its own Web3 browser. Think of it as your passport to the wild world of dApps, DeFi platforms, and NFT marketplaces. All without leaving the comfort of the app. And for the paranoid among us (let's face it, that's all of us in crypto), they've packed in some nifty security features. We're talking biometric authentication and cloud backups for your private keys. Because let's be honest, remembering where you stashed your seed phrase is so 2017. So, if you're looking for a wallet that gives you control, flexibility, and doesn't require a PhD in cryptography to use, Coinbase Wallet might just be worth a spin. 3. Trust Wallet Ever feel like juggling your crypto assets is like herding cats? Enter Trust Wallet, the do-it-all sidekick that Binance scooped up back in 2018. This isn't just another run-of-the-mill wallet - it's like the Mary Poppins bag of the crypto world, seemingly bottomless and full of surprises. Yes, again we are looking at something that can be easily compared to a swiss army knife. But for crypto. All kinds of crypto. Picture this: over a million different assets spread across a smorgasbord of blockchains. Ethereum? Check. Binance Smart Chain? You bet. But wait, there's more! Trust Wallet comes with its own built-in dApp browser. Think of it as your own personal crypto concierge. It gives you VIP access to DeFi platforms, NFT marketplaces, and other Web3 wonders. All without having to leave the app. It's like having a mall, a bank, and an art gallery all in your pocket. Now, for you tinfoil hat types (and let's face it, in crypto, a little paranoia is healthy), Trust Wallet is as transparent as a freshly Windexed window. It's open-source and gets more health check-ups than a hypochondriac, with regular code audits to keep everything ship-shape. But here's the kicker - Trust Wallet lets you stake your crypto too. That's right, you can make your digital money work for you, earning passive income while you sleep. It's like having a money tree, but instead of leaves, it grows more crypto. With its multi-chain support, user-friendly interface, and Binance's seal of approval, Trust Wallet is like the Swiss Army knife of the Web3 world. Whether you're a crypto newbie or a blockchain veteran, this wallet's got your back. So why juggle multiple wallets when you can trust just one? 4. Ledger Live Ever feel like your digital coins need their own Fort Knox? Say hello to Ledger Live, the tough-as-nails sidekick to Ledger's hardcore hardware wallets. We're talking about the Ledger Nano S and X - those little USB stick-looking things that are basically kryptonite to hackers. Here's the deal: Ledger Live is like a super-secure treehouse for your crypto. It keeps your private keys locked up tighter than your grandma's cookie jar, way offline where cyber baddies can't get their grubby mitts on them. But don't worry, it's not all "keep out" signs and barbed wire. This app is your friendly neighborhood bridge between your ultra-secure hardware fortress and the wild west of the blockchain. Want to check how your crypto babies are doing? Ledger Live's got your back with a slick portfolio view. Feeling like your coins should be working harder? Stake 'em right from the app and watch your wealth grow while you sleep. But wait, there's more! Ledger Live isn't picky about which crypto it hangs out with. Bitcoin? Ethereum? That obscure altcoin your cousin swears will be the next big thing? They're all welcome at this party. It's like having a universal remote for your entire crypto stash. And for you DeFi daredevils and NFT collectors out there, Ledger Live is dipping its toes into the dApp pool. Now you can play in the decentralized playground without leaving the safety of your Ledger fortress. It's like having your cake and eating it too, but the cake is made of unbreakable encryption. So, if you're the type who sleeps better knowing your digital fortune is locked up tighter than Area 51, Ledger Live might just be your new best friend. It's like having a personal bodyguard for your crypto - tough, reliable, but still knows how to have a good time. 5. Argent Argent, the Web3 wallet, is basically the James Bond of the Ethereum world - smooth, sophisticated, and packing some serious security heat. Picture this: a wallet that's so user-friendly, it feels like it should come with a hug. Argent's got your back whether you're into plain old ETH, those funky ERC-20 tokens, or if you're riding the NFT wave. It's like an all-you-can-eat buffet, but for Ethereum stuff. Now, here's where it gets really cool. Remember that time you forgot your password and had to do that whole "forgot password" dance? Argent says "Nah, we're too cool for that." Instead of making you memorize a seed phrase longer than your last Netflix binge, they've cooked up this nifty thing called social recovery. It's like having a crypto A-Team. You pick your "Guardians" - maybe your bestie, your tech-savvy cousin, and that guy from the office who never forgets a birthday. If you ever lose access, these folks can help you get back in. It's like having a spare key, but way cooler. But wait, there's more! Argent's got DeFi built right in. Want to make your crypto work harder than a caffeinated squirrel? Lend it out, borrow against it, or earn interest, all without leaving the cozy confines of your wallet. It's like having a mini financial empire in your pocket. And for all you paranoid androids out there (hey, in crypto, paranoia is just good sense), Argent's got more security features than a spy movie. Daily spending limits? Check. Two-factor authentication? You bet. It's like having a bouncer for your digital assets. So, if you're cruising the Ethereum highway and want a wallet that's secure enough to impress a hacker, yet simple enough that your grandma could use it (no offense, Gran), Argent might just be your new best friend. It's the wallet that makes you go, "Damn, why wasn't this a thing sooner?" 6. Rainbow Wallet Imagine if your boring old leather wallet suddenly burst into a Skittles commercial - that's Rainbow for you. It's like the cool art kid of the Ethereum block(chain), sporting more colors than a paint store explosion and more style than a Milan fashion week. But don't let its pretty face fool you - this wallet's got brains to match its beauty. It juggles your ETH, ERC-20 tokens, and those funky NFTs you impulse-bought at 3 AM like a pro circus performer. And the best part? It's so intuitive, even your technophobe uncle could probably figure it out (no offense, Uncle Bob). Now, hold onto your socks, 'cause I'm about to knock 'em off. Rainbow comes with its very own dApp browser. It's like having a VIP pass to the hottest Web3 clubs - DeFi platforms, NFT marketplaces, you name it. All accessible without ever leaving the app. It's like Ethereum Disney World, but the rides are yield farms and the mascots are animated NFTs. But wait, there's more! Rainbow's got live token pricing that'll make you feel like a Wall Street hotshot. Watch those numbers dance in real-time, and track your portfolio faster than you can say "to the moon!" It's like having a crystal ball, but for your crypto. And for all you desktop divas out there, Rainbow plays nice with WalletConnect. That means you can take your Web3 adventures to the big screen without breaking a sweat. It's like having a universal remote for the entire Ethereum ecosystem. So, if you're tired of wallets that look like they were designed by the same folks who made Windows 95, and you want something that's equal parts form and function, Rainbow Wallet might just be your pot of gold. It's the wallet that makes you go, "Damn, Ethereum, you clean up nice!" 7. Gnosis Safe This isn't your average Joe wallet, folks. Oh no, Gnosis Safe is like the Ocean's Eleven of the crypto world - it takes a team to crack this baby open. We're talking multi-signature security that would make even the most paranoid crypto-enthusiast sleep like a baby. Picture this: you're part of a DAO, or maybe you're running a business that's more crypto-savvy than a Silicon Valley startup. You need a wallet that's tighter than Fort Knox, but also plays well with others. Enter Gnosis Safe, stage left. This bad boy doesn't just hold your run-of-the-mill ETH. Nope, it's got room for all your Ethereum goodies - ERC-20 tokens, those NFTs you swear will be worth millions someday, you name it. It's like a digital treasure chest, but cooler. But wait, there's more! Gnosis Safe isn't just sitting pretty. It's got its fingers in all the DeFi pies. Want to do some yield farming? Go for it. Liquidity pooling? Be my guest. All with the iron-clad security of multiple signatures. It's like having a team of bodyguards for your crypto adventures. And for you control freaks out there (no judgment, we're all a little paranoid in crypto-land), Gnosis Safe comes with more bells and whistles than a one-man band. We're talking role-based access control that would make an HR manager weep with joy. And transaction scheduling? It's like having a time machine for your crypto moves. So, if you're part of a crypto crew that needs industrial-strength security with a side of flexibility, Gnosis Safe might just be your new best friend. It's the wallet that makes you feel like you're in a high-tech heist movie, but you're the good guys. Ocean's Eleven, eat your heart out! 8. Phantom Wallet Phantom Wallet is about to take you on a joyride through the Solana blockchain faster than you can say "low transaction fees." Think of Phantom as the sleek sports car of the crypto wallet world, but instead of burning rubber, it's burning through transactions at light speed. This isn't just any wallet - it's the cool kid on the Solana block, tailor-made for those who like their crypto fast and their fees lower than a limbo champion. But Phantom isn't just about speed - it's got more tricks up its sleeve than a magician at a blockchain convention. SPL tokens? Check. NFTs? You bet. Staking? It's got you covered faster than you can say "passive income." Now, let's talk dApps. Phantom is like having an all-access pass to Solana's coolest clubs. DeFi platforms, NFT marketplaces, Web3 wonderlands - you name it, Phantom's got your VIP entry sorted. It's like having a secret handshake with the entire Solana ecosystem. For all you security buffs out there (and let's face it, in crypto, we're all a bit paranoid), Phantom plays nice with hardware wallets too. It's like having a bouncer for your digital assets - big, tough, and not letting anyone mess with your crypto. But here's the real kicker - Phantom's got a built-in crystal ball. Okay, not really, but its automatic transaction simulation is pretty darn close. It's like having a personal fortune teller warning you before you make a costly mistake. "I foresee... a potential oopsie. Better double-check that transaction, chief!" So, if you're ready to dive into the Solana pool and want a wallet that's faster than Usain Bolt on rocket skates, Phantom's got you covered. It's not just a wallet - it's your backstage pass to the hottest blockchain party in town. Solana speed freaks, your chariot awaits! 9. Exodus Ever feel like you need a wallet with more pockets than a magician's coat? Say hello to Exodus, the wallet that's got more tricks up its sleeve than Houdini at a blockchain convention! Jokes aside, this is a wallet so versatile, it makes your smartphone look like a one-trick pony. Exodus struts its stuff on both your mobile and desktop, because why choose when you can have it all? It's like having a crypto command center wherever you go. But here's where it gets wild - Exodus doesn't just play nice with Bitcoin and Ethereum. Oh no, this bad boy's got room for over 100 cryptocurrencies. It's like Noah's Ark for your digital assets, two of every coin... and then some! Now, let's talk looks. Exodus is the supermodel of the wallet world - sleek, stylish, and turning heads faster than a Ferrari in a school zone. But don't let its pretty face fool you - this wallet's got brains to match its beauty. It's so user-friendly, your grandma could probably figure it out (no offense, Gran). But wait, there's more! Exodus comes with its own built-in exchange. That's right, you can swap your coins faster than a chameleon changes colors, all without leaving the cozy confines of your wallet. It's like having a crypto stock exchange in your pocket. For all you paranoid androids out there (and let's face it, in crypto, a little paranoia is healthy), Exodus plays nice with Trezor hardware wallets too. It's like having a bodyguard for your digital bling. And if you're the type who likes to keep score, Exodus has got you covered with portfolio tracking that would make a Wall Street analyst weep with joy. Watch those numbers dance in real-time, and feel like a crypto Wolf of Wall Street. So, if you're looking for a wallet that's more versatile than a Swiss Army knife, more stylish than a Milan runway, and more user-friendly than your favorite barista, Exodus might just be your new best friend. It's not just a wallet - it's your backstage pass to the wild world of Web3! 10. MyEtherWallet (MEW) Let's talk about MyEtherWallet, or MEW as the cool guys call it. This isn't just any wallet - it's like the wise old sage of the Ethereum world. But with a fresh new haircut and some sick dance moves. Very rarely you can see such an old tech being constantly upgraded to stay relevant to the crazy ever changing world of crypto. This was a top notch app five years ago. And it stays above the waterline now. MEW's been around since Ethereum was just a twinkle in Vitalik's eye. It's like that friend who was into crypto before it was cool, but isn't all hipster about it. And guess what? It's still cooler than a polar bear's toenails. Now, let's get one thing straight - MEW is all about that "not your keys, not your coins" life. It's non-custodial, which is a fancy way of saying you're the boss, applesauce. Your keys, your crypto, your rules. It's like having a digital Fort Knox, but you're the only one who knows the secret handshake. MEW doesn't discriminate - it loves all your Ethereum babies equally. ERC-20 tokens? Bring 'em on! It's like Noah's Ark for your Ethereum assets, two of every token... or 200, we don't judge. But here's where it gets real fancy - MEW's got more connections than a socialite at a blockchain conference. It plays nice with hardware wallets like Ledger and Trezor. It's like having a bouncer for your digital disco, keeping all the bad guys out while you party with your crypto. And for all you web surfers and mobile mavens out there, MEW's got you covered. Whether you're on your laptop sipping a latte or on your phone pretending to work, your Ethereum is always just a click away. Oh, and let's not forget about ENS - Ethereum Name Service. MEW supports it like a good sports bra. No more copying and pasting addresses longer than your last relationship. Just use a simple name, and you're good to go. It's like having a vanity plate for your crypto car. So, if you're looking for an Ethereum wallet that's been around the block a few times but still knows how to party, MEW might just be your jam. It's not just a wallet - it's a piece of Ethereum history that's still writing the future. Now that's what I call staying power!

MetaMask, Mastercard, and Baanx have joined forces to launch a pilot program for the MetaMask Card. This debit card allows users to spend cryptocurrency directly from their self-custodial wallets for everyday purchases. Basically, it's what many common users were utterly expecting - an easy way to directly spend crypto in everyday life. The card, which works anywhere Mastercard is accepted, converts crypto to fiat currency on the spot. It's currently available to a select group of users in the EU and UK. Others will have to wait, sadly, but this is how FinTech usually works. The pilot involves a few thousand digital-only cards, with plans for broader rollout later this year. We will have to wait and see what the lucky pioneers have to tell us. But until then let's dissect everything we know about the stunning project yet. A New Era of Crypto Spending The MetaMask Card is shaking things up in the crypto space. Here's the lowdown: It's a Mastercard debit card linked directly to your MetaMask wallet. You can use it to spend USDC, USDT, and WETH from the Linea network. The card converts crypto to fiat instantly at the point of sale. It's currently available in digital form only. The pilot is limited to EU countries and the UK. Lorenzo Santos, senior product manager at Consensys, the company behind MetaMask, is pretty stoked about the launch. "This gives people more freedom to spend their assets; in this case, crypto," he says. "MetaMask Card represents a major step to removing the friction that has existed between the blockchain and traditional payments. This is a paradigm shift that offers the best of both worlds." 10 Things You Need to Know About the MetaMask Card Self-Custody: Users retain control of their funds until the moment of transaction. No need to transfer to an exchange first. Instant Conversion: Crypto is converted to fiat on the spot when you make a purchase. Wide Acceptance: The card works anywhere Mastercard is accepted, both online and in-store. Supported Cryptocurrencies: Initially, it supports USDC, USDT, and WETH on the Linea network. Spending Caps: Users can set spending limits directly through their MetaMask wallet. Key Storage: Users have the freedom to store their keys wherever they choose. Network: The card operates on the Linea network, which runs on top of Ethereum. Eligibility Check: MetaMask users can check if they're eligible by visiting MetaMask Portfolio in a web browser and looking for a "Card" tab. Digital-Only: The initial launch is for digital cards only, which can be added to mobile devices for payments. Future Expansion: More features and functionality are planned, with a broader rollout expected later this year. The Companies Behind the Innovation Let's take a look at who is doing all this blockchain miracles. MetaMask: Developed by Consensys, MetaMask is a leading self-custodial crypto wallet. It's been a game-changer in making blockchain interactions more accessible to the average user. Mastercard: A global payments technology company, Mastercard is leveraging its vast network to bridge the gap between traditional finance and crypto. Baanx: This crypto payments company is providing the technological backbone for the Web3 card initiative. Linea: An Ethereum Layer 2 scaling solution that provides the speed and cost-efficiency needed for the card transactions. Breaking Down Barriers The MetaMask Card is tackling a major pain point in the crypto world. Up until now, spending crypto in the real world has been a bit of a hassle. You'd have to transfer your crypto to an exchange, convert it to fiat, then move those funds to a regular bank account before you could spend it. Slow and extensive, this is how this process can be described in simple terms. But what if you could spend crypto for fiat purchases just as easily as when you pay in Europe with your Dollar card? Raj Dhamodharan, executive vice president of Blockchain & Digital Assets at Mastercard, puts it this way: "We saw a significant opportunity to make purchases for self-custody wallet users easier, more secure, and interoperable. Collaboration is the cornerstone of innovation, and we're thrilled to collaborate with MetaMask and Baanx to transform the self-custody wallet experience, bridging the gap between web2 and web3 domains more seamlessly." The Bigger Picture Here is the thing. This card isn't just about making life easier for crypto enthusiasts. A much more global problem can be solved. Simon Jones, chief commercial officer at Baanx, gives us a glimpse of this vision: "We're building toward this vision of enabling non-custodial neobanking. Anybody who has access to a mobile phone should be able to get access to a basic range of financial services by default. This would have huge implications in countries with large numbers of unbanked or underbanked individuals." What's Next? The initial pilot with those lucky few thousands users is just the beginning. The companies behind the MetaMask Card have big plans for the future: More features and functionality will be added to the card in the coming months. A full rollout in the EU and UK is expected later this year. Pilot launches in additional regions are planned over the coming quarters. While the initial launch supports USDC, USDT, and WETH, there's potential for adding support for more cryptocurrencies in the future. The Road Ahead Millions of crypto users still think of crypto as of some kind of a digital gold. With no real opportunity to spend these funds, say, to buy a cup of coffee or a new smartphone. The necessity to convert crypto into fiat money kind of neglects the whole idea, right? This is what MetaMask Card is supposed to change. At least, in theory. And because this is a pilot program, no one promises an easy ride. Caveats are expected. Regulatory hurdles, user adoption, all kinds of bugs and glitches can become potential roadblocks that can slow the development of the project. For now, crypto enthusiasts in the EU and UK can look forward to testing out this new technology. As for the rest of the world, well, we'll just have to wait and see. It doesn't look like one of those crypto products you always hear about but never get a chance to use. No, really. It's a glimpse into what the future of money might look like.

The concept of "Hodling" — holding onto Bitcoin for extended periods regardless of market volatility — has resurfaced with vigor in the 2024 crypto landscape. It's not only about Michael Saylor and MicroStrategy, and their copycats, of course. It's also about holding Bitcoin and not selling it every time the market is shaking. It's about the power of believing that Bitcoin is there to stay. It seems as, though this bull run is significantly different from previous one, HODLers are still the indicator of what we are expecting from Bitcoin. Why? Well, because HODLers are those guys, whose faith is the cornerstone of the market. They point to a bullish rise. Here are the top five reasons behind the resurgence of hodling. Institutional Confidence and Long-Term Investments Institutional investment in Bitcoin has hit unprecedented levels in 2024. Major financial institutions like Goldman Sachs have disclosed significant holdings in Bitcoin ETFs. Well, real Bitcoin fans probably don't care that much for financial sharks from Wall Street. But there is more to it. The sharks show confidence in Bitcoin’s long-term value. The put big buck in it. And that's a good sign. With over $418 million in Bitcoin ETFs, these institutions are not just participating in the market; they are setting a foundation for sustained value growth. The scale and duration of these investments demonstrate a shift from speculative trading to strategic accumulation. That's the HODLing as it is. No matter, how sharks call it. That's truly interesting. Institutional investors, by their nature, have a longer investment horizon and are less likely to engage in the rapid buying and selling that characterizes retail trading. This aligns perfectly with the hodling philosophy. So ETF buyers are the perfect HODLers. As institutions continue to pour capital into Bitcoin, their commitment to holding these positions for the long term helps stabilize the market, encouraging more investors to adopt a hodling strategy as a reliable path to wealth accumulation. The Halving Effect and Supply Constraints Satoshi was a genoius. Scarcity is the answer. The more people are eager for Bitcoin, the less Bitcoin is there on the market. Thus, Bitcoin’s unique economic model, particularly its halving events, plays a critical role in influencing market behavior. Just look at the most recent halving in 2024. It has further tightened Bitcoin’s supply, making each new coin more valuable. Historically, post-halving periods have been followed by substantial price increases, driven by the reduced rate of new Bitcoin entering the market. This supply constraint naturally encourages hodling. As the available supply decreases, the scarcity of Bitcoin increases, which in turn pushes up its value. Investors who understand this dynamic are more inclined to hold onto their Bitcoin, expecting higher returns as demand outstrips supply. The halving event is not just a technical milestone; it’s a psychological one that reinforces the hodling mentality across the market. Bullish Market Sentiment The resurgence of hodling is also a clear indicator of bullish sentiment in the market. HODLers are the fieriest bulls, there are no two ways about that. When investors collectively choose to hold rather than sell, Bitcoin rises imminently. This optimism is often self-reinforcing. And this is truly amazing. What happens when the reduced selling pressure surfaces? Well, it leads to higher prices. And as prices rise, more people decide to HODL. In 2024, Bitcoin’s price trajectory has been overwhelmingly positive, with the cryptocurrency recovering from past downturns and setting new highs. This upward momentum has emboldened hodlers. Many people start to see hodling as a strategy not just for weathering volatility but for maximizing returns in a bull market. Don't sell. It's just as see as it seems. The psychology of hodling is deeply intertwined with market sentiment. The more investors adopt this approach, the more they are able to amplify the bullish outlook. Security and Decentralization Concerns As the cryptocurrency market matures, so do concerns about security and centralization. High-profile hacks, regulatory crackdowns, and the centralization of exchanges have led many investors to reconsider where they store their wealth. Hodling, particularly in self-custody wallets, offers a way to maintain control over one’s assets, free from the risks associated with centralized platforms. In an environment where trust in third-party services is eroding, the appeal of hodling becomes even stronger. By holding Bitcoin in a secure, private wallet, investors can avoid the pitfalls of exchange hacks or sudden regulatory actions that might freeze assets. This control over one’s own financial destiny is a powerful motivator for hodling, especially among those who prioritize the core tenets of decentralization that Bitcoin was founded on. The Rise of Bitcoin as Digital Gold The narrative of Bitcoin as "digital gold" has gained substantial traction in 2024. More than ever, investors look at Bitcoin as a hedge against inflation and economic uncertainty. Unlike fiat currencies, which can be printed at will, Bitcoin’s supply is capped at 21 million coins, making it an attractive store of value in times of monetary expansion and economic instability. Scarcity is the key, remember? This perception of Bitcoin as a safe haven asset aligns perfectly with the hodling strategy. Just as gold investors typically hold their assets for long periods, often spanning decades, Bitcoin investors are increasingly adopting a similar approach. People tend to believe that Bitcoin will retain or increase its value over time. They see Bitcoin as a tool to resist the inflation. There is a rule of thumb - the less people believe in fiat currencies, the more they trust in Gold. And in Bitcoin, as of now. The digital gold narrative strengthens the case for hodling, as it frames Bitcoin not just as a speculative asset but as a cornerstone of long-term financial security. Conclusion Hodling is so much more than just a passive investment strategy. It’s a statement of belief in Bitcoin’s enduring value. As bold as it sounds, that statement it now as true as you can imagine. The factors driving its resurgence in 2024 — institutional confidence, the halving effect, bullish market sentiment, security concerns, and the rise of Bitcoin as digital gold — all point to a market that is maturing and stabilizing. While some people think Bitcoin should become an everyday payment tool, and are desperately looking for the means to make it real, the truth is so much simpler. As more investors embrace hodling, it reinforces the idea that Bitcoin is here to stay. it is not just as a speculative asset but as a foundational element of the global financial system. Key Takeaways: Institutional investments in Bitcoin are driving long-term holding strategies. The 2024 halving event has intensified supply constraints, encouraging hodling. Bullish market sentiment is reinforcing the hodling mentality. Security concerns are leading investors to prefer self-custody and long-term holding. The perception of Bitcoin as digital gold solidifies its role as a long-term store of value. The importance of HODLing can't be overstated. It's return to the forefront of the Bitcoin market is significant. It reflects a maturing market where long-term value takes precedence over short-term gains. Maybe that is the sign that Bitcoin’s evolution as a global financial asset is in fact continuing.

This past week has been a rollercoaster for the top 10 meme coins, with market volatility driving both significant gains and sharp declines. As the market reacted to broader crypto trends, these community-driven tokens showed their resilience—or lack thereof. Here’s a breakdown of how each of the top meme coins fared this week. Dogecoin (DOGE) led the meme coin pack this week, experiencing a 16% surge early on, fueled by renewed interest and strong community support. However, the coin faced resistance later in the week, testing its ability to sustain these gains. The overall growth for the week was levelled out, as a result we can record a symbolic rise of 0.86%. Shiba Inu (SHIB) followed in Dogecoin’s footsteps but struggled to maintain momentum. Despite an initial boost, SHIB ended the week with modest gain (1.8%), reflecting the challenges of staying competitive in a crowded market. Pepe (PEPE) had a volatile week, starting with a 22% price surge thanks to its integration into NFT projects. However, this was followed by a sharp downturn, with the coin losing 1% by the end of the week. Dogwifhat (WIF), though gaining initial traction, saw one of the steepest declines among meme coins, with a 24.5% drop. Despite a strong community and marketing efforts, it couldn’t escape the market-wide sell-off. But when is was over, WIF started to recover. The end of the week was pretty joyful as WIF gained solid 16%. Bonk (BONK), known for its decentralized and community-driven nature, also faced challenges, ending the week with a 3% loss. Its unique narrative and grassroots initiatives were not enough to counteract broader market pressures. Floki (FLOKI) is not doing good either. Named after Elon Musk’s dog, Floki experienced a mixed week. The coin dropped by 2.9% despite the launch of a new roadmap aimed at expanding its ecosystem with a gaming metaverse and NFT marketplace. Brett (BRETT) was a standout this week, soaring by 8.2%. This surge was driven by aggressive promotional efforts and a strong community, positioning Brett as a potential rising star among meme coins. Interestingly, Brett isn't widely discussed on multiple forums or in social networks, there is no substantial buzz around it, yet the coin is gaining solid respect on the market. Mog Coin (MOG) also had a strong week, with a 11.9% increase in value. Its growth was fueled by speculative trading and community-driven events, highlighting the coin’s appeal to investors looking for high-risk, high-reward opportunities. That's why we love meme coins, and that is exactly why we hate them, right? Book of Meme (BOME) had a relatively stable week, with a 16.8% decline in value and then a rather solid gain. The overall result is hardly satisfying (-2%). But that's not lethal, and the fans are eagerly waiting for what is about to come next week. Focused on storytelling and content creation, BOME continues to attract a niche audience within the meme coin community. Popcat (POP), a Solana-based meme coin, had a pleasant week compared to its peers, gaining a solid 25% in value. POP continues to maintain a solid community base, appealing to those who value steady, long-term growth.

The meme coin market has been quite a show this week, with several top tokens experiencing significant price movements and shifts in market dynamics. It is definitely too early to claim meme coins are loosing steam. Let's take a look at how the top ten meme coins behaved. Dogecoin experienced a turbulent week, marked by a notable 18% drop, driven by broader market conditions and profit-taking among mid-level holders. Despite the bearish trend, whale accumulation continued, indicating long-term confidence. Technical analysis suggests DOGE might be poised for a bullish reversal. Nobody can be sure, of course, besides Elon Musk whose tweet can help DOGE skyrocket at any given moment of time. Shiba Inu followed a similar downtrend (-17%), exacerbated by profit-taking and market corrections. Despite the dip, SHIB's community remains active, with developments in its ecosystem, such as the Shibarium layer-2 solution, expected to bolster its long-term prospects. However, short-term volatility is likely as investors navigate the current market landscape. Nothing points to a separate path for SHIB. Pepe saw significant volatility (-28%), with prices dipping amid general market weakness. Despite this, there is optimism within the community, driven by speculative trading and upcoming announcements related to project developments. The token's meme appeal continues to attract attention, though its price movements remain unpredictable. If meme coin market survives, PEPE survives too. This lesser-known meme coin dogwifhat has seen increased attention due to community-driven marketing campaigns. Its market cap remains small compared to heavyweights like DOGE and SHIB, and it has shown very negative results (-36%). Bonk, the Solana-based meme coin, experienced a relatively stable week with modest price fluctuations. And then it wend down as Titanic along with other meme coin leaders (-25%). Its integration within the Solana ecosystem theoretically provides a unique advantage, fostering utility beyond mere speculation. But we have yet to see the outcome of this. Floki saw a decline this week (-25%), mirroring broader market trends. However, the coin's developers announced new partnerships and upcoming NFT projects aimed at reviving interest. The community remains bullish, hoping these initiatives will drive adoption and price recovery in the coming weeks. At least, life is not boring on Floki planet. Brett, known for its vibrant community, experienced a price drop (-31%) amid the market's bearish sentiment. However, its strong online presence and community engagement efforts continue to sustain interest. Analysts suggest that any positive news could trigger a sharp rebound, given its volatile nature. Of course, we have yet to check if Brett is capable of going against the stream in a wild ocean of unpredictable and fickle meme coins. Book of Meme faced significant volatility, with prices dropping due to market corrections. Nonetheless, its unique narrative and gamified elements keep the community engaged and help prices from falling too sharp (-14%). If this token keeps the unique ability to ignore the meme coin flock, we might see a pretty interesting new pretender. Mog Coin saw a steady decline (-20%), reflecting the broader meme coin market trends. Despite this, its developers are working on enhancing the coin's utility through DeFi integrations and cross-chain compatibility. Some might say this could potentially stabilize prices and attract new investors. But let's get real here, hopefully MOG keeps its head above water while many other tokens plummet. That's not a bad outcome after all. Popcat, another Solana-based token, experienced a mixed week with both highs and lows. And the latter were painful. Popcat plummeted by 42%. The community remains mostly optimistic, though. The token's performance is closely tied to broader Solana ecosystem developments, and any positive news could spur a price rally.

The meme coin market has seen a flurry of activity this week, with several top tokens experiencing significant price movements and shifts in market dynamics. Let's take a look at how the top ten meme coins behaved. Dogecoin (DOGE): The original meme coin, Dogecoin, which some people call 'a Bitcoin of meme coins', witnessed a price increase of about 4.93% this week. This resurgence can be attributed to broader market optimism and renewed interest in the crypto sector. But at the end of the week, the luck turned away and the overall result for the week is a slight downturn (-1%). Shiba Inu (SHIB): Often seen as Dogecoin’s main competitor, Shiba Inu also enjoyed a positive week, with its price rising in tandem with DOGE. The token’s community continues to push for broader adoption and new use cases, keeping it in the spotlight. But the decline here was a bit more significant (-5%). Pepe (PEPE): Known for its distinctive frog meme, Pepe coin saw a notable price jump of 8.45%. The coin’s recent rally highlights its appeal among meme coin enthusiasts looking for the next big gain. The week ended with going downhill, though (-2,66%). But it is definitely not over for Pepe. Some say this meme coin still has potential to compete with the meme coin leaders. Dogwifhat (WIF): A standout performer this week, Dogwifhat surged by 20%, overtaking other meme coins like Bonk in market capitalization. This leap is part of a broader trend of meme coins based on the Solana network gaining traction. But the victory hasn't lasted long. The dog meme coin went down for a noticeable 4,3%. Bonk (BONK): Despite being overtaken by Dogwifhat in previous weeks, Bonk managed to recover some ground, highlighting the competitive and volatile nature of the meme coin market. The week ended with a significant decline (-7,6%). The token’s community remains active, with ongoing discussions about future developments. Floki (FLOKI): Inspired by Elon Musk’s pet, Floki saw a modest price increase. The token continues to capitalize on its community’s enthusiasm and ongoing marketing efforts, positioning itself as a mainstay in the meme coin world. But the overall decline (-11%) is among the biggest in the top 10 this week. Brett (BRETT): Brett has been relatively stable this week, with minor fluctuations, up until the weekend when things went south (-15%). The token’s performance indicates a period of consolidation, with investors waiting for the next catalyst to drive prices higher. Popcat (POPCAT): A cat-themed meme coin, Popcat, saw an 8% rise in the beginning of this week. This growth underscored the ongoing rivalry between dog and cat meme coins, each vying for dominance in a crowded market. But they all went down simultaneously closer to the weekend, with POPCAT seeing sharp decline (-10%). Mog Coin (MOG): Mog Coin has been on an upward trajectory, gaining 63% in the past month. The token’s rise reflected growing investor interest in meme coins with strong community backing. But things started to get weird this week as MOG suddenly appeared among the leaders in terms of decline (-20%). Cat in a Dogs World (MEW): This meme coin made headlines with an impressive 86% gain, highlighting the growing popularity of cat-themed tokens. The surge in MEW’s price has sparked discussions about whether we might be entering a new ‘season of the cat’ in the meme coin market. Anyways, MEW not only gained a place in top 10 meme coins by market cap, but it has also become the only one with positive results. MEW gained impressive 24% by Sunday.

Crypto was supposed to liberate people from the oppression of the traditional financial system, but this has not happened so far. Mostly because the world of cryptocurrencies is still dominated by ideas of crypto anarchism rather than crypto mutualism as it should be. What can be done to turn DeFi into a real financial empowerment tool, according to Camille Meulien, CEO of Yellow Capital. The emergence of decentralized finance (DeFi) and the surge of crypto markets heralded what many believed would be a groundbreaking financial revolution. Enthusiasts envisioned a future where individuals could emancipate themselves from the constraints of traditional banking systems, accessing financial services that were open, transparent, and verifiable by anyone. The promise was alluring: a democratized financial ecosystem free from the control of centralized institutions. However, as with many revolutionary concepts, the practical implementation has proven to be far more nuanced and complicated. The initial vision of crypto anarchy is in stark contrast with the present state of the cryptocurrency market, where issues such as power imbalances, market manipulation, and re-centralization present substantial obstacles to the original ideals. Let’s see what went wrong and how do we fight back to make DeFi what it is supposed to become. Camille Meulien The Promise of DeFi and Crypto Anarchism Crypto-anarchy: A vision of digital freedom Crypto-anarchy champions privacy and economic liberty. It uses cryptography to secure online communications. Tim May coined the term in 1988, well before Bitcoin's 2008 debut. May's manifesto was bold. He wrote: "Just as the technology of printing altered and reduced the power of medieval guilds and the social power structure, so too will cryptologic methods fundamentally alter the nature of corporations and of government interference in economic transactions." DeFi later emerged as a game-changer. It offered a way to dodge traditional banks. Anyone with the internet could access financial services. No middlemen needed. The pitch was simple. Lower fees. Faster transactions. Finance for all. Blockchain tech underpinned DeFi. It promised transparency and security. Every transaction was out in the open. You didn't need to trust anyone. This tech shift aimed to deliver on crypto-anarchy's dream. A free and fair financial system for everyone. The Harsh Reality: Market Manipulation and Centralization The Persistence of Traditional Finance Flaws Despite the revolutionary promise of Bitcoin and the subsequent rise of numerous other cryptocurrencies over the past 15 years, the crypto market and decentralized finance (DeFi) have not been immune to the same flaws that plague traditional finance and neo-capitalism. Whales and Market Manipulation Despite its egalitarian ideals, the crypto market has been susceptible to significant manipulation. Large holders, known as whales, wield the power to influence market prices drastically. By executing large trades, they can create volatility that smaller investors cannot withstand. These manipulations often lead to substantial losses for small investors, who lack the resources to respond swiftly to sudden market fluctuations. Consider Bitcoin, the flagship cryptocurrency. Documented instances of price manipulation by whales demonstrate how large-scale buy or sell orders can drastically impact market prices. The involvement of influential companies like MicroStrategy and Tesla in Bitcoin investments has highlighted how powerful entities can sway market sentiment and drive price movements, often leaving smaller investors in precarious positions. Elon Musk exemplifies how influential figures can impact the crypto market. His tweets have caused significant price swings in cryptocurrencies like Bitcoin and Dogecoin. Initially playful interactions with the crypto community have evolved into demonstrations of how a single individual can manipulate market dynamics, raising concerns about the market's stability and fairness. Media Influence and Public Perception In the crypto world, as in traditional media, the concentration of power and money can distort public perception. Media outlets, influenced by their financiers, can shape narratives that serve specific interests. For instance, portraying certain cryptocurrencies as superior investments can drive herd behavior among retail investors, often leading to speculative bubbles. Institutional Involvement As cryptocurrencies gained mainstream attention, traditional financial institutions, banks, and governments began entering the market. This influx of institutional money brought both legitimacy and centralization. Drawing a parallel to the early days of the internet—initially seen as a free and open space—the control eventually shifted to major corporations like Google, Apple, Facebook, Amazon, and Microsoft (GAFAM). Similarly, the crypto market is witnessing a consolidation of power where large institutions exert significant influence, potentially undermining the original decentralized ethos. The Need for Regulation While regulations seem necessary to protect investors and users, there have been numerous instances where crypto companies have emptied accounts and disappeared. Mass adoption of crypto banking will not occur without increased security measures. On a larger scale, economies cannot rely and function with this level of risk. Recent regulations in the US and Europe aim to address these issues. For example, the European Union’s Markets in Crypto-Assets (MiCA) regulation seeks to create a harmonized regulatory framework to protect investors and ensure market integrity. While these regulations offer benefits such as increased security and investor protection, they also pose challenges, potentially stifling innovation and compromising the decentralized nature of the market. Short-Term Oriented Investment The market’s obsession with quick returns discourages investment in projects with long-term visions and real ambitions. This short-term orientation can hinder the development of transformative technologies and applications within the crypto space. Projects that require years to realize their full potential struggle to attract the necessary investment, potentially stifling innovation and progress in the industry. Balancing Freedom and Security The challenge lies in maintaining freedom and decentralization while limiting risks and fostering a thriving and dynamic market. Establishing a regulatory framework that protects investors without compromising the core principles of decentralization is crucial. By addressing these complexities and challenges, the crypto market can strive towards a balanced and equitable financial ecosystem, preserving its revolutionary potential while ensuring security and fairness for all participants. Fighting Back: Strategies for a Decentralized Future Independent Media and Information To counteract the influence of concentrated power in the crypto media, independent and unbiased information sources are crucial. Independent media can play a pivotal role in educating the public by providing objective analyses of the crypto market and promoting a deeper understanding of the technology and its potential. By presenting fact-based reporting and in-depth research, independent media can help investors make informed decisions and reduce the impact of sensationalism and market manipulation. There is a pressing need for independent researchers and journalists to conduct thorough analyses of crypto projects. By synthesizing complex information and presenting it in an intelligible form, they can make it easier for the public to understand and evaluate the true potential and risks of different projects. Detailed and unbiased research can expose scams and highlight promising innovations, guiding investors towards more responsible and informed investment decisions. Wise Investment Choices Investors need to adopt a discerning approach to their investment choices. Rather than chasing short-term gains, they should evaluate the long-term potential and vision of projects. Supporting companies and projects that adhere to the principles of decentralization, transparency, and inclusivity can help foster a more equitable crypto ecosystem. This involves looking beyond hype and marketing, focusing instead on the fundamental value and sustainability of projects. Creating New Narratives The vision of Tim May's crypto-capitalism, characterized by a free-market approach, is evident in today's crypto market. However, an alternative vision, crypto mutualism, offers a different path. Crypto mutualism is an ideological framework that envisions a decentralized economy built on the principles of mutualism. Mutualism advocates for a society where individuals and cooperative groups exchange products and services based on mutual benefit. For the crypto market to be widely adopted and beneficial to economies, it needs to be seen not just as a speculative stock market but as a real currency enabling the purchase of services and items, real-world assets. This shift requires a change in narrative and public perception. Crypto Mutualism Crypto mutualism is shaking up digital finance. It's mixing old-school mutualism with new blockchain tech. The idea? To change how we think about money and business. At its heart, crypto mutualism is all about working together without middlemen. Blockchain makes this possible. People can trade directly with each other, cutting out banks and other go-betweens. Shared ownership is a big deal here. Think of DAOs - they're like companies, but run by all the members. Everyone gets a say in decisions. It's a whole new way of doing business. This system puts communities first. It's not just about making money, but about helping everyone in the group. The goal is to share resources more fairly. One cool feature is mutual credit. It's like lending, but based on trust between people. Often, there's no interest charged. This could help folks who can't get loans from banks. Reframing the Purpose of Crypto Evading taxes and institutional control cannot be the sole aim of the crypto economy, as this would undermine societal structures and potentially accelerate societal collapse. Creating and supporting new narratives that challenge the status quo is essential. Instead of viewing crypto solely as a speculative investment, it should be seen as a tool for financial inclusion and empowerment. Promoting stories that highlight how crypto can address real-world problems, such as providing financial services to the unbanked or enabling transparent charitable donations, can shift the focus towards the positive impact of the technology. By fostering a more informed, equitable, and community-focused crypto ecosystem, the original ideals of decentralization and financial freedom can be more fully realized.

There were a lot of interesting events around meme coins this week, as always, though. Let's take a look at how the top ten behaved. Dogecoin remains the poster child of meme coins, but this week, it faced a slight dip and then went up, seeing a rather significant %16,8 increase. Dogecoin still maintains strong support from its community and continuous mentions in popular culture. The momentarily dip was attributed to profit-taking by short-term holders, but long-term sentiment remains bullish. Shiba Inu has had a volatile week. The coin initially surged by 5% following a new partnership announcement with a major e-commerce platform. However, the excitement was short-lived as concerns over a whale wallet moving a significant amount of SHIB caused a 6% drop. This movement indicates cautious optimism among traders, balancing between new developments and large holdings' influence. But finally the token gained some optimism and went up for a solid 7,2%. Pepe has been riding a wave of social media hype. The coin saw a 12% increase after a series of viral memes. Then another increase, and another one, adding up to a significant %37,2 overall increase. However, analysts warn that such pumps are often followed by sharp corrections, advising caution for those looking to jump on the hype train. Dogwifhat remains a more niche player but had an interesting week with a 57% rise. This was largely driven by the launch of a new community-driven initiative aimed at promoting the coin through creative projects. The initiative has attracted a new wave of interest, especially among younger, meme-savvy investors. Bonk experienced a rollercoaster week. The coin initially dropped by 3% due to a technical glitch in their new staking platform, causing panic among holders. However, once the issue was resolved, Bonk rebounded strongly, closing the week with a 39,9% net gain. This recovery highlights the community's resilience and the coin’s potential for quick rebounds. Although, of course, the initial drop underlines the risks associated with technical issues, and meme coins seem to be more prone to that than many other well established crypto assets. Floki had a mixed week. The coin saw a 6% increase following a successful marketing campaign that included a series of eye-catching billboards in major cities. Finally we saw a solid %34,8 increase. Brett continues to show promise with a steady 20,5% increase. This growth was driven by the announcement of a new gaming partnership that integrates Brett tokens as in-game currency. But the week was a roller coaster for the meme token, at some point there was a 33% rise followed by a 17% dip. Mog Coin saw a significant 40,3% rise, primarily driven by increased social media activity and a new meme contest that went viral. As we see now, Mog Coin build a dedicated community, although its market cap and trading volumes are still relatively small compared to its peers. Book of Meme had a quieter week, but the rise was substantial - a solid 26,4%. The coin’s performance was bolstered by the release of a new whitepaper outlining future plans for decentralized finance (DeFi) integrations. Dog (Runes) hand a bad week. There is an overall 7 day dip for 2,1%. Investors seem cautiously optimistic, but nothing points out to a radical surge in the near future.

The crypto bull market is back, and Ethereum's gas fees are through the roof again. But don't panic just yet. A bunch of clever folks have been busy cooking up faster, cheaper Layer 2 (L2) networks to save the day. Let's take a look at the hottest Ethereum L2 projects of 2024, ranked by experts, based on their tech, tokenomics, and why they might be worth your attention. 1. Pepe Unchained (PEPU) - The Meme Coin That Grew Up Remember Pepe? Well, he's back and he means business. Pepe Unchained isn't just another meme coin. It's a full-blown L2 network built on top of Ethereum. What's the deal? Faster transactions and lower fees than ETH. Plus, you can stake your PEPU tokens for some juicy rewards. The current APR is sitting at a whopping 1,200% per year. Not too shabby. The project's presale is already underway, and they've raised over $1.8 million so far. Looks like people are hungry for more Pepe action. 2. Arbitrum (ARB) - The Gas Fee Slayer If you're sick of paying an arm and a leg for Ethereum transactions, Arbitrum might be your new best friend. It uses some fancy "optimistic rollup" tech to bundle transactions and cut costs. Arbitrum's ecosystem includes Arbitrum One and Arbitrum Nova. Both use the Arbitrum Nitro stack for better performance. With over $2.97 billion locked in their smart contracts, they're not messing around. The ARB token lets users vote on network upgrades. It's like a crypto democracy, but with less shouting and more code. Something our politicians could learn a lot from, innit? 3. Polygon (MATIC) - The Swiss Army Knife of Scaling Polygon is like the multi-tool of Ethereum scaling. It's got a solution for everything: Polygon PoS for faster, cheaper transactions zkEVM for Ethereum-compatible rollups Polygon ID for blockchain identity stuff AggLayer for cross-chain shenanigans Their new Polygon 2.0 upgrade introduces POL, a token that works across multiple chains. They're calling it "hyperproductive." Sounds intense. And yet, that might be just the future of the crypto market. Many of us are tired of the whole 'zoo' of different chains that are incompatibe, and swapping tokens might be as complicated as the conversation of a japanese monk and Texas farmer without an interpreter. With a market cap of $7.40 billion, Polygon is a big player in the L2 game. 4. Optimism (OP) - The Developer's Best Friend Optimism is all about making life easier for Ethereum developers. Their secret sauce? EVM equivalence. It means you can copy-paste your Ethereum smart contracts and they'll just work. Like Arbitrum, Optimism uses optimistic rollups to scale. They process transactions off-chain and only record the results on Ethereum. It's like outsourcing your math homework but still getting the credit. The OP token is used for governance and network incentives. Their roadmap looks solid, with plans to keep improving performance and expanding their ecosystem. 5. Blast (BLAST) - The Yield Machine Blast is doing something different in the L2 space. They're all about generating yield on your crypto holdings. You can earn passive income on ETH and stablecoins without jumping through hoops. They use optimistic rollups like some of the others, but with a twist. Their auto-rebasing feature for ETH and USDB makes earning yield a breeze. Blast also shares gas revenue with dApp developers. It's like a "thank you" note, but with actual money. They hit $500 million in Total Value Locked (TVL) pretty quickly after launch. Not too shabby for the new kid on the block. 6. Loopring (LRC) - The DEX Builder's Dream Loopring is all about decentralized exchanges (DEXs). Their claim to fame? Order rings. It's a fancy way of matching multiple orders to squeeze out more liquidity. They use zero-knowledge rollups to keep things speedy and secure. Transactions happen off-chain, but they're settled on Ethereum. It's like having your cake and eating it too. The LRC token is used for staking, governance, and earning a slice of those sweet protocol fees. If you're into DEXs, Loopring is worth keeping an eye on. 7. Eclipse - The Speed Demon Eclipse is gunning for the title of fastest L2 in town. They're using the Solana Virtual Machine (SVM) for execution, which is like strapping a rocket to your transactions. But don't worry, they're not sacrificing security. Eclipse still settles on Ethereum, using a validating bridge to keep everything kosher. One cool thing about Eclipse? They're not planning to launch their own token. They'll just use ETH for gas fees. It's a bold move in a space where everyone and their dog has a token. 8. Mantle (MNT) - The People's L2 Mantle is waving the flag of decentralization. It's governed by a DAO, which means MNT token holders call the shots. It's like a crypto co-op. Their architecture is modular, separating transaction execution, data availability, and finality. It's a bit like building with Legos, but for blockchain nerds. Mantle uses optimistic rollups for scaling and something called EigenDA for decentralized data availability. They're also throwing money at developers through their EcoFund and Grants Program. It's like seed funding, but for the Web3 crowd. 9. Immutable X (IMX) - The NFT Paradise If you're into NFTs or blockchain gaming, Immutable X is your jam. They offer gas-free minting and trading, which is music to the ears of broke artists everywhere. Using StarkWare's ZK-Rollup tech, Immutable X can handle a ton of NFT transactions without breaking a sweat. They're also carbon-neutral, so you can trade your JPEGs with a clear conscience. Their API-driven approach makes it easy for developers to jump in without a Ph.D. in blockchain. The IMX token is used for staking, governance, and fees. They've got some big-name games on board like Gods Unchained and Illuvium. It's like the Steam of Web3 gaming. 10. dYdX (DYDX) - The Trader's Playground dYdX is where the cool kids go for decentralized perpetual trading. They handle orders off-chain but settle on-chain, which means you can trade fast without getting gouged on gas fees. They offer up to 20x leverage, so you can either make it big or lose your shirt in style. It's non-custodial, which means you keep control of your assets. No "not your keys, not your coins" drama here. The DYDX token lets users vote on protocol upgrades. They're also moving to their own chain built on Cosmos SDK. It's like they're growing up and moving out of Ethereum's basement.