🫵 Are You A HYPE Millionaire?

Emiri From The Pub #8

Well hello there, It’s been a while innit. 

Ollie and Lavina had to sub in for me the past few weeks due to other work commitments, but I AM BACK. 

So get those pints flowing as I get this show going because we are indeed SOO MF’ING BACK.

With $100K BTC just a whisker away, the chaos is back in our industry, and this week was no different. 

From exciting launches to new products to pump.fun shenanigans, we had it all. Today, I’m going to summarize all the chaos that happened this past week and then share my thoughts in terms of what I’m looking at. 

Give me a second.

*glug* *glug* glug

Ahh, split the G perfectly. Alright, let’s get into this thing. 

Pump.fun goes off the rails 

A lot of you reading this are probably familiar with Pump. Fun. Yeah, it’s a cool product, arguably one of the best this cycle, but they just had to add a live-streaming feature, didn’t they? 

Why am I saying it in that tone? Well, let me just summarize the activities on pump.fun live streams this past week. 

A woman live-streamed herself having sex with a dog, a 12-year-old kid was holding a gun and threatening to shoot his entire family if his coin didn’t reach 100K Mcap, a person locked himself in a cage for 3 days, a person was sat on a toilet for two days, a person nearly hung himself to pump his coin (I mean wtf is that logic), and a family was repeatedly hitting their 3-year-old child saying they will only stop if people pump the coin. 

This is not even half of it. So yeah, wtf is going on? 

But there was one thing that tipped it over the edge. It’s this guy. 

Yup, this is not photoshopped. A kid actually streamed himself dressed as Hitler, doing the Nazi salute, burning a flag of Israel. 

I mean, yeah, I don’t really know what to say. Or, well, maybe I did ;)

Okay, my tweet is mainly satire, but can you imagine explaining to anyone outside the industry the last two paragraphs? The absolute horror on their faces will be something to watch. 

But for us, it’s just another Tuesday. 

But yes, eventually, Pump. Fun was forced to turn off the live stream feature, or they would be facing some bigger repercussions, and I think it’s good that they banned the feature in the interest of saving the trenches.

HYPE is here 

For well over a year now, people have been farming the Hyperliquid airdrop and patiently waiting for it to drop. 

Just two days ago, they announced the HYPE token's details and when it will be airdropped. You can see all of that information here

Just today, while I’m writing this, the HYPE token was launched. So check your accounts and your group chats because everyone is now rich and euphoric.

This is a massive moment in the industry as it has been one of the year's most anticipated airdrops by far. But now we need to look into the future. 

There has been a lot of chat about what Hyperliquid will look like after the airdrop and whether it can sustain the same level of hype and usage. I honestly have no answer. The obvious assumption is that it may lose a bit of usage, but only time will tell. 

Nonetheless, congrats to all of you who turbo-farmed this airdrop. 

Change in regulatory headwinds

Now, let’s switch gears a bit to regulatory talk. 

The last time I did one of these was before Trump won the election, and yeah, since then, there has been a complete shift in the regulatory environment around crypto. 

For starters, Gary Gensler will step down and be replaced by Paul Atkins, who is said to be very pro-crypto. 

So what does this mean? Well, for starters, it means that there will be A LOT fewer lawsuits against crypto companies, which will allow them to go about their business a lot more smoothly, according to the Pantera CLO.

This is good for general innovation and progress in the industry. 

Another thing that has come out of this positive regulatory switch is the removal of sanctions on Tornado Cash. 

As some of you may know, one of the devs who worked on Tornado Cash was unlawfully arrested for just writing some code. Some US agencies placed sanctions on Tornado Cash, and now US courts have reversed the sanctions, claiming that the government overstepped its authority. 

This is another major win for the crypto industry as it resets the general precedent on writing code and smart contracts in general. 

Onward we go. 

Well, that’s the gist of it from the news front, but what about the stuff I’m looking at. 

What I’m looking at? 

Over multiple editions, I kept harping on about the Sonic ecosystem and how it`ll do well. Surely enough, it did start popping off this week but I was in the wrong coins so now I’m mad. 

Anyway, outside of that, all my money is split across Base and Solana. 

I am heavily allocated to AI memecoins and AI agent coins because I believe this is the sector of the cycle—the perfect blend of tech and retardation which can catch the attention of crypto natives and normies. 

Beyond that, I`ll wait and see if something new and worthy comes up; otherwise, I`ll maintain my allocation in these AI coins. 

That’s all from me for today, folks. I tried to keep it short and sweet so we could go back to shticoining in the trenches. 

I`ll catch up with you guys for a new edition of Emiri from the pub two weeks from now. 

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