gm Bankless Nation, Welcome back to the Citizen Daily Brief. Pump.fun is seeing new upstart competitors on Solana; can any of them take on the king? Become a paid member to get all of the alpha!
Today's Issue ⬇️
☀️ Need to Know: Sui Gets Hit A dramatic day for the Sui ecosystem.
✍️ Cheat Sheet: Swap Arcade Opps, reads, yields, and airdrops.
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🥷 Sui's Cetus Decentralized Exchange Hit in $260M Exploit. The apparent exploit cratered the prices of a number of top Sui ecosystem tokens.
🤠 Texas House Passes Landmark Bitcoin Reserve Bill. The bill awaits the governor's sign-off before enabling the state to include crypto assets in its treasury.
🌝 SafeMoon CEO Guilty of Fraud, Faces up to 45 Years in Prison. Crypto exec Braden Karony was found guilty on charges related to securities fraud, wire fraud, and money laundering.
📸
Daily Market Snapshot: Bitcoin held onto its breakout, inching to a new high Thursday, hitting $111,970. Meanwhile ETH continued to battle hard against the $2,700 barrier that it's spent the last two weeks challenging.
Prices as of 6pm ET
24hr
7d
Crypto $3.50T
↗ 2.7%
↗ 6.1%
BTC $111,018
↗ 2.3%
↗ 7.2%
ETH $2,644
↗ 5.5%
↗ 3.6%
. . .
CHEAT SHEET
Swap Arcade
Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇
Solana has long been regarded as ground zero for memecoins, and while many declared its trenches dead earlier this year as trading volumes dwindled, the network’s memecoin scene has experienced a resurgence in recent weeks as pumping token prices recapitalized crypto’s degen class.
With innovative entrants with savvy strategies like Believe.app and boop.fun now competing alongside OG platforms like pump.fun, creators have more options than ever before to launch tokens in seconds.
Today, we’re diving into pump.fun's biggest challengers on Solana. 👇
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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.
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