🫵😹 North Korea Got Mogged by ZachXBT

🗞 Market commentary.

GM, except those from North Korea.

If you’re not shaking in fear, expecting ZachXBT to literally cause a country-wide blackout (and mostly the other thing), then you’ve got nothing to be afraid of, market-wise.

Bitcoin is still hovering above $70K, while our previously watched area of $60K is now confirmed as a strong bottom and value area for the longer term. So, even if the market rolls back to these prices (similar to how the Blast chain almost had to roll back the $62M lost due to hiring North Korean developers), it should be viewed as an area of opportunity.

Speaking of Blast, ZachXBT mogged the exploiters so hard that they couldn’t even finish the hack, and Pacman just announced the successful recovery of all assets.

📊 Luke’s Chart of the Day

SUI 1D Log Chart

The Sui eco is popping off, TVL is ramping, UX is snappy, and it’s bullish times for Sam Blackshear’s man bun tech Move-powered chain. 

The main chart is the 1D with some fib extension targets. Inset is an LTF 30-minute chart showing where you might still get an entry, depending on how quickly things move. 

I’ve been market buying while putting this chart together. Watch out for scam wicks on low timeframes - I am not a fan of their market maker. My strategy is to buy half a bag, place lower bids, increase size the lower I go, and then walk away.

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!

🔥 Degen corner.

Brace Yourzelves (For Some Gud Gaming)

Something huge is brewing on the GuildFi side. GuildFi is one of the main infrastructure projects for crypto gaming, and I have a sneaky feeling the gaming narrative will hit back on a strong note sooner rather than later.

Lately, there’s been a buzz around all the new Zentry announcements. Zentry is a very early alpha, but we’re already pretty much sure something epic is on the way. For now, we need to stay ready, keep our eyes peeled on the main X account, and wait in Discord for the launch (no codes for now, just patience).

👀 DeFi insights.

The important bits.

• WOO X (Exchange) - Lists fractionalized Milady - read

• Thales (DeFi) - Presents full Thales interface tools - read

• Core DAO (BTC DeFi) - Plans to transform Bitcoin into DeFi chain - read

• AIOZ (L1) - Partners with Laika AI - read

• Skillful AI (AI) - Raised $10M in seed funding - read

📰 DeFi news.

Even more important bits.

• An unidentified Bitcoin address just moved $6B in BTC - read

• Circle’s Cross-Chain Transfer Protocol is live on Solana mainnet - read

• SEC seeks $2B from Ripple Labs - read

• Tether expands AI focus - read

• London Stock Exchange eyes crypto ETN listings in late May - read

• Bitcoin long-term holder selling reached a critical level - read

• Google Trend for MOG reaches new ATH - read

🫠 ICYMI.

Life gets busy so here’s what you’ve missed.

PepperDEX: The Future of Trading on Solana

Research

The house is in order, the product bangs and is stacked with novel features, and the team is locked in. Here's why it could well be the future of trading on Solana...

Read More →

Thales: Pool Betting of the Future

Founder Series

Today Jedi is joined by Dan of Thales to discuss all things parimutuel markets and the future of sports betting!

Tune in on YouTube →

🐥 Tweet of the day.

To save you doom scrolling.

This time truly is different, as Ki Young Ju points out here:

🦍 And finally…

The BASE season doesn’t seem to be stopping anytime soon, at least from a quick glance at the bridge statistics. Are we witnessing the rise of another Solana-like degen chain? It’s highly possible that this could be the L2 that dominates the spring season and beyond. Tomorrow, we’ll take a look at another batch of main BASE projects (and perhaps a few memes). Stay tuned.