🤩 Effortless Cosmic Domination: Crypto is Winning
PLUS is Unstoppable the RobinHood of DeFi?
🗞 Market commentary.
GM to all who celebrate the most important week in the history of magic internet money.
In an effortless cosmic domination fashion, we, the people of crypto Twitter, enjoyers of memes and future krillionaires, made it happen: all 8 spot Ethereum ETFs were approved. Right now, we are entering a whole new era of crypto. Ethereum is now considered a commodity, VanEck is pumping out Ethereum commercials, and many are speculating that Garry was an undercover agent for this whole time, making every SEC case against crypto fail one after the other.
It's truly beautiful times. Even Chainlink is joining the ride now. Are we getting early signals of the upcoming tokenization narrative? Larry Fink would surely agree. Moreover, positive signals are now coming out for Ethereum staking and its allowance in ETFs. Even though Hong Kong ETF inflows are still underwhelming, local regulators are now looking to allow Ether staking for ETF issuers.
To end today’s commentary, we have to say final goodbyes to our good boy Kabosu, the one and only original Doge.
📊 Luke’s Chart of the Day
Capri/SOL 4H Raydium
I’m having some trust issues with the market today. A lack of follow-through on good news is never a good sign. Eventually we will pump, but likely not today or tomorrow.
Capri seems like a good bet for a summer meme to accumulate here. Pretty basic left curve chart. $3.3M market cap, cheap and cheerful summer vibes, active Twitter, and solid-level defense in the last accumulation range. DCA the purple box or set stink bids on Jupiter into month end to take advantage of the choppy market. NFA as usual, but I think we can go much higher here into June and July.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!
👀 DeFi insights.
The important bits.
Sanctum (LST) - Announces wifSOL, first LST that DCAs WIF - read
Taiko (L1) - Announces genesis airdrop - read
Maneki (Memecoin) - Oboards UFC fighter Merab “The Machine” - read
Term Labs (DeFi) - Achieved $100m in total volume - read
Smilee (DeFi) - Distribution of incentives is coming next week - read
IntentX (DEX) - $1,000,000 total raised for INTX ICO - read
📰 DeFi news.
Even more important bits.
CNBC guests already believe in Solana ETF - read
Hong Kong mulls permitting Ethereum staking for ETF issuers - read
Uniswap volumes reach new ATHs - read
Trump election odds hit ATH of 56% on Polymarket - read
Solana developer shot by Roman candle fireworks - read
🫠 ICYMI.
Life gets busy so here’s what you’ve missed.
Unstoppable: The Robinhood of DeFi
Research
We have Unstoppable making moves with their mobile app allowing you to tap into DeFi on the go even when touching grass, check it out!
Defi Saver: The Ultimate Management Suite
Podcast
Degens love tools to maintain your edge in the markets.
So,m here we are with CryptoTubeYT to break down DefiSaver and their entire Swiss Army Knife of features for you to add to your back pocket
Tune in on YouTube →
🐥 Tweet of the day.
To save you doom scrolling.
Yep, Autism Capital, the Bitcoin maxis are coping hard today, and it’s a sight to behold.
🦍 And finally…
It’s quite interesting how many people are bearish and think it’s time to sell right after the biggest news ever hit crypto.
I personally this was all just a mere pre-play. We aim higher - when I get bearish, you will know. Let’s try to nail this cycle together.
much love,
blocmates team 🫡
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