Marc Andreessen ignites AI Agent Rally
Before VIRTUALS and LUNA, there was GOAT. The memecoin was inspired by Andy Ayrey’s experiment, which pitted the two Claude AI model in an unending chatter.
Marc Andreessen of a16z, however, was the one who sparked the rally by sending a $50,000 check. “research grant” Ayrey is a town in the month of July.
This is what I’m saying: “AI agents on blockchains” Crypto Twitter was gripped by this bullish talk, which cemented it as the go-to talking point.
12 year old rugs memecoin
Memecoins are a currency that attracts attention. The rugpull in this instance was the catalyst.
This ironic turn of events saw a middle-schooler aged 12 launch the QUANT coin on live streaming, dump his tokens at a profit of $30k and flip off the camera in jubilation.
The next two hours saw QUANT reach a market cap of $84 million, leaving QUANT with a $4 million loss.
Tweet claiming SEC approval for a fake Bitcoin ETF
Hacking the official SEC Twitter account on Jan. 10 2024, and posting a false statement about bitcoin ETF approval was an act straight from Hollywood. Bitcoin saw its price rise by a thousand dollars before Gensler confirmed that the account had been compromised.
Hacker identified as a 25-year old American deployed in Afghanistan “SIM swap” Technique using the personal information of an SEC employee
Soon after the SEC’s account hacking, bitcoin ETFs became officially approved. It was the crypto market’s very first pump, before Bitcoin halves. Crypto is never dull.
Ansem and BitBoy to Fight Crypto Fight Night
This fight would not have happened without a number of events.
Someone had to propose the ridiculous idea of pitting two men — who had absolutely no business being in the ring — against each other in a boxing match. This idea evolved into inviting and selecting two of the crypto industry’s worst KOLs. A lot of money was spent on making it happen.
Kudos to whoever executed that BD miracle — even Dana White would’ve been proud.
Bitboy, who used a needed inhaler to relieve his asthma after the fight ended in a draw will be forever remembered in crypto memes’ hall of fame.
SLERF creator burns money of investors accidentally
What can possibly go wrong when you invest in memecoins by sending your money anonymously to a stranger on the Internet?
SLERF MEMECOIN developer SLERFSO raised $10 million in an incredible amount for SLERF. He then sent the $10 million token supply intended for investors accidentally to a burning address. This irreversibly destroyed the tokens.
“Guys I fucked up. I burned the LP and the tokens that were set aside for the airdrop. Mint authority is already revoked so I can not mint them. There is nothing I can do to fix this. I am so fucking sorry,” Slerfsol sent a tweet, then jumped on Twitter Spaces and apologized profusely while in tears.
But scarcity is good… right? SLERF’s market value rose to $450m, ironically similar to QUANT.
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