SHILL Issue 164

SOLANA NFT/DEFI/X ECOSYSTEM

Editor 

Smithi Weekly 

IDO Launchpad 

Art on Sol 

Solayer 

Dev Talk 

Political meme coins 

Rugged 

WoofSolana 

McDegens 

Sanctum 

Scotty the Coach 

SOL to $350? 

Solana Airdrops 

Solana Buzzing 

Mallow NFTs 

Solarplex NFT 

Top 3 memes

pvm

Welcome back to another edition of #SHILLzine, your go-to source for all things Solana. As we bid farewell 

to May and usher in June, the blockchain landscape continues to evolve, presenting both challenges and 

opportunities for investors and enthusiasts alike. In this issue, we delve into the latest developments across 

the Solana ecosystem, from market analysis to project highlights and everything in between. 

First and foremost, let's address the elephant in the room—the price of Bitcoin. As the king of 

cryptocurrencies, Bitcoin's movement sets the tone for the entire market. With BTC currently hovering 

around $69,000 USD, we've witnessed a period of sideways action over the past three months. However, 

with historical patterns suggesting an impending uptrend, all eyes are on the $79,000 level as a potential 

test of resistance. But as seasoned investors know, every test is followed by a retest, with support levels 

around $56,000 standing as a crucial marker for market sentiment. 

But what's driving this rollercoaster ride? The influx of retail investors, fueled by recent ETF approvals in the 

United States, has injected new energy into the market. With portfolios seeing incremental gains, many are 

adopting a classic buy-low, sell-high strategy, contributing to the market's volatility. However, it's essential 

to tread carefully, especially when dabbling in the world of shitcoins, where speculative frenzy can quickly 

turn into financial ruin. 

In this issue, #SHILLzine offers a deep dive into the top meme coins on Solana, shedding light on their 

performance and potential. Additionally, we examine the proliferation of political shitcoins, urging readers 

to exercise caution and informed decision-making when navigating this rapidly evolving landscape. 

Amidst the chaos, projects like $Woof (WoofSolana) stand out as beacons of stability, showcasing steady 

price action and a commitment to innovation. With an accompanying NFT offering, $Woof exemplifies the 

resilience and longevity of OG Solana projects. 

But it's not all about Solana—#SHILLzine recognizes the importance of exploring broader trends within the 

blockchain space. An insightful article on rug pulls sheds light on the darker side of NFTs, emphasizing the 

need for vigilance and due diligence in an unregulated environment. 

On the NFT front, #SHILLzine brings you a curated selection of over 80 pieces from leading platforms 

such as Artplex.io, Mallow, EA, and SolarPlex. Speaking of SolarPlex, the platform recently announced its 

acquisition by @fwdresearch and its integration into the @arweaveeco ecosystem. This strategic move 

opens up new avenues for SolarPlex creators, granting access to millions of users through platforms like @ 

OdyseeTeam, heralding a new era of growth and opportunity for the community. 

JulesL_art runs a blog over at https://www.julesl.art/ . The current piece is so good that we had to include 

it in this issue of #SHILLzine. JulesL has uncovered 9 Solana marketplaces for NFT artists. JulesL also has 

an ACCESS account where you can stake your Access Protocol token to receive regular NFT pieces. FREE! 

https://hub.accessprotocol.co/creators/julesl-art 

In addition to project highlights and market analysis, #SHILLzine features exclusive insights from industry 

experts, including Scotty the Coach, who shares his perspective on navigating the current market 

landscape. As challenges abound, Scotty offers valuable insights and strategies for NFT artists looking to 

thrive in an increasingly competitive environment. 

#SHILLzine remains committed to delivering unparalleled value to its readers, offering comprehensive 

coverage of the Solana ecosystem and beyond. With a diverse range of articles, interviews, and NFT 

highlights, each issue serves as a roadmap for enthusiasts and investors seeking to stay informed and 

ahead of the curve. 

As you dive into this week's issue, we invite you to uncover the latest trends, projects, and opportunities 

shaping the future of blockchain and NFTs. 

#SHILLzine, your trusted companion in the ever-evolving world of Solana. 

Pixeltoy

Gatos By Basebe The Backwoods 

Slap City

SMITHII NEWS 

CELEBRITIES BEING HACKED AND LAUNCHING MEMECOINS 

Yesterday we saw a hack of 2 influential people - Caitlyn Jenner, Rich The Kid and GCR, hackers immediately decided 

to launch a shitcoins to get as much money as possible from these hacks, even used deepfakes to organise 

all this scam. Scary times. 

JUPITER VOTING IS OVER 

Round 3 of Jupiter Voting was finished yesterday, the winner is DeBridge - over 50% of votes. We will love to see 

their launch in next few months 

TRUMP IS GETTING CRYPTO VOTES 

Donald Trump come up with the promises to make US to lead the crypto market and he wants to contribute and 

support all crypto companies in the country. Seems like all our web3 degens in US already made their choice. 

BONK ON THE RISE 

Biggest Solana Memecoin BONK had an amazing pump during the week and now gradually going to its ATH. Sentiment 

is coming back to OG memes which were always leading Solana. 

8 SHILL Issue #164

MASS ADOPTION FROM PHANTOM 

Phantom Wallet is breaking all records in Google Play and 

App Store all around the world by leading the charts and 

flipping such huge apps as Snapchat, Roblox and Facebook. 

We won’t notice how soon our friends will be telling us 

about the “new” thing they found called Solana. 

ALL YOU NEED TO KNOW ABOUT SWITCHBOARD 

Switchboard is an Oracle network, the same like Pyth for 

example. They also power a lot of different platforms and 

pools in biggest lending protocols. And they recently started 

the Operation (X) - Switchboard Orbs which actually 

just a points system that will lead us to the airdrop and 

LET’S TALK ABOUT DEBRIDGE 

The Fastest bridge platform and candidate in Jupiter Voting. 

DeBridge is a high-performance and secure interoperability 

layer for Web3 that enables decentralized transfers of arbitrary 

messages and value between blockchains. Actually 

allows you to bridge your assets between blockchains very 

fast, takes around 10 seconds which is more than impressive 

for such type of technology. 

The company raised over $5 millions in their investment 

rounds and also became profitable by generating the fees. 

They have a points system which so the airdrop will happen, 

doesn’t matter if they will win Jupiter Voting or not 

and we should expect it to happen in next few months. 

Points system works in pretty simple way - 100 points for 

$1 in fees + 25% of fees from referrals. 

Speaking about farming strategies - bridge different 

amounts of different assets, make your activity real and 

use cheaper chains. 

We wish a good luck to DeBridge in current Voting round 

and would love to see them launching their token soon! 

maybe sooner and bigger than everyone expect it to be. 

Switchboard powers such platform as Kamino, Solend, 

MarginFi, Lulo, Symmetry and Mango. It will be more accurate 

to say powers some pools in there. 

So to farm these Orbs all you need is just use such pools 

and platform to acquire those. Just find their sign near the 

pool you are looking at and there we go. 

Of course, there are 2 in 1 Airdrop strategies exist in such 

case - MarginFi didn’t drop a token yet, Kamino S2 in full 

force right now, Symmetry is actually a sleeper one that 

will bring some gains soon. 

And this Switchboard rewards can also be very undervalued 

and also unexpected just like it was with Pyth and 

their token $PYTH, this can perform very very similar. 

Airdrop season on Solana isn’t finished yet, and the big 

ones will be the ones you expect less!

IDO Solana Launchpad 

WHAT IS AN IDO SOLANA LAUNCHPAD? 

If we talk about an IDO Solana Launchpad, we talk about an “Initial Dex Offering”. It is 

the ideal way to raise funds for your Token Projects. This is because investors are betting 

on buying a Pre-Sale Token or IDO, which is the same thing instead of another token that is 

already listed with a Liquidity Pool. 

Thus, it is important to be able to complete the Solana Token IDO process because it will 

make the difference between failure and success. Getting it right will allow your token to 

grow and boost its value in the market.Ready to take the big leap? 

If videos are your thing, here is a complete guide on how to use Smithii’s Solana Token 

Launchpad: 

WHAT IS THE PURPOSE OF A SOLANA LAUNCHPAD? 

To gather an initial liquidity of your token it is necessary to carry out a Solana Token IDO. 

In this way, buyers incentivized by the early offer at a low price, will grant liquidity to your token 

or meme coin and then, with that same liquidity, list it on an exchange with a liquidity 

pool open to the public. 

HOW DOES AN IDO SOLANA LAUNCHPAD WORK? 

While in 2017, crypto exchanges were carried out through ICOs (“Initial Coin Offering”), 

today, with the evolution of decentralized swaps, the IDO process prevails for being more 

agile and reliable. 

While in ICOs tokens were sold to investors, in IDO developers entrust their tokens to a 

Smart Contract managed by a DEX. This ensures confidence that the tokens reach the investors. 

Using Smart Contracts will ensure that you don’t have any problems. 

In the case of Solana, the code provided by the Solana Program Library (SPL) allows devel- 


opers like Smithii to build Launchpad platforms for users to make their own IDOs in a secure and 

agile way. 

KEY INFORMATION ON AN IDO SOLANA LAUNCHPAD 

• Research: 

• Price: 

• Whitelist: 

o The DEX team investigates so that there is no scam and investors have confidence. 

o Upon confirmation of project approval, a predetermined number of tokens are set 

for sale at a specified value. 

o A benefit given to a select group of investors for meeting certain marketing objectives 

intended by the developers. 

• Investment: 

o Whitelist investors can lock in their investments and will receive the project tokens 

when they become accessible at the predefined time, avoiding a very early sale 

of the tokens. 

• Funds Transfers to Liquidity Pool: 

o A portion of the funds raised goes to the Liquidity Pool and ensures immediate interaction 

with liquidity. 

HOW TO MAKE AN IDO SOLANA LAUNCHPAD? 

With Smithii’s Token Launchpad(https://tools.smithii.io/launch-token/solana), you can create a 

Custom IDO without having to know anything about code and in no time at all. 

Currently, the Solana blockchain is the frontrunner of choice because it offers advantages unmatched 

by other crypto launchpads. The Solana Launchpad IDO provides unique benefits for 

both developers and investors with its fast transactions and low costs.

@JulesL_art 

Let’s take a look at @solana creators on other Solana platforms shaping the future. 

On @foster_protocol “The king’s outrageous aesthetic”: 1/1 digital collage by @MabalMovement 

Disaster: 1/1 with physical attached by traditional artist @wetikos 


On @AccessProtocol Nevadania: 1/1 digital painting by 

surrealism artist @galangferm 

Blossom: limited ed 2/2 hand drawn by digital abstract 

artist @kamaeloop 

On @artplexio Outpost: 1/1 by photographer @MrDavid- 

Tiong 

Odd Man Out: 1/1 by abstract expressionist @designzbychance

On @solarplex_xyz I’m here: 1/1 hand drawn by traditional 

&digital artist @Aabii1986 

Humble Tractors: 33/33 eds by educator & artist @pvmihalache 

On @primitives_xyz 

Doodles and Dots: open eds, watercolour & marker by 

traditional artist @jlap777 

The texture of life: 11/11 eds by artist & semi-philosopher 

@jakeemoody

On @ArtradeApp 

Emergence: 1/1 by photographer @CyrilDallest 

The journey: 1/1 by collage specialist @Bitaemm 

On @NewFrontierArt 

Pi On Lattice: limited ed 33/33 gen mint by @0xB4K3D 

Arcblock: p5js gen mint 250 pc by @hamlogic

On @walletbubbles 

Love: limited edition 2/2 hand drawn piece by misha @ 

mishaviktorova 

Nintendowave: 1/1 by @TankussArt 

On @Truffle_HQ 

A little bit of y00ts: Gen collection 1111 by @0xmakoto_ 

Sh*tface II: upcoming gen mint by @hersoid

So there you have it! 18 artists across nine platforms, all @solana

https://x.com/solayer_labs 

Today, we release Solayer’s standard of restaking on Solana: Endogenous - Actively Validated 

Services (AVS) 

Litepaper Part 1, V0: https://github.com/solayer-labs/solayer-improvement-proposal/blob/ 

main/solayer-litepaper-v0.pdf… If you are a builder, we are welcoming Request for Comments 

on v0 litepaper and implementation: https://tally.so/r/31K9PM If you are a developer 

interested in building with us: https://tally.so/r/3E1WQL 

We term Eigenlayer’s design of restaking as Exogenous Actively Validated Services (AVS). 

These systems are offchain or out of the main Ethereum chain, that can tap into the ETH 

Proof of Stake security. Examples include oracles, rollups, DA layers. 


Why is restaking needed on Solana? Solayer 

redefines restaking for Solana, addressing both 

security and performance, which developers 

need - esepcially with the rise of network 

congestion on the base L1. We propose Endogenous 

AVS: Solana-native programs using 

SOL PoS to configure application security and 

throughput. 

Similar to AWS, developers pay for storage or 

RAM to boost application performance; In our 

design, the equivalent resources -- blockspace 

and transaction throughput -- are allocated 

based on stake weight, and on-demand. 

Beyond securing the Solana blockchain, SOL 

holders are delegating across multiple Endogenous 

AVSs to supply application performance 

through stake. In return, restakers earn multiple 

streams of yield from the e-AVSs. 

Stage 1 restaking was launched early May to 

pool the available security and blockspace. 

Stage 2 focuses on the delegation to Endogenous 

AVS, furthering Solana’s Proof of Stake 

mechanism efficiently and delicately. More 

importantly, we see a world where onchain 

resource allocation rests in the hands of developers. 

Our vision is for Solana to become the backbone 

of all decentralized systems. Solayer 

enables these systems to build, boostrap, and 

scale. Solana is where we take things to the 

masses. 

Let’s break down Stake-Weighted Quality of 

Service (swQoS). swQoS is a mechanism to 

allocate network resources like blockspace and 

transaction capacity based on stake weight, 

coordinated between RPC nodes and validators. 

Simply put: the more stake, the higher the 

probability of submitting transactions. 

Introducing Solana Restaking Standard: Endogenous 

AVS - Solayer | Restaking on Solana 

Solayer envisions a future where applications 

can configure and manage their own security 

and transaction processing capability. > staker 

= supply side > application = demand side > 

validator = facilitator 

From solayer.org 

Stage 1 restaking was launched early May to 

pool the available security and blockspace. 

Stage 2 focuses on the delegation to Endogenous 

AVS, furthering Solana’s Proof of Stake 

mechanism efficiently and delicately. More 

importantly, we see a world where onchain 

resource allocation rests in the hands of developers. 

Our vision is for Solana to become the backbone 

of all decentralized systems. Solayer 

enables these systems to build, boostrap, and 

scale. Solana is where we take things to the 

masses.

Designz

Four

SeniorHODL

coppters

Wizards of Frog

obotArt.0007-gateways

Neon Reflections

Gypsy Dream

Artbychris10

Bonk Galleries

EIA

DanielArtist

Dave T

Kenva

LizArt

Lucia

esetnft

PhoJaxx

Pixel sol

MoisesArtGallery

PhoJaxx

Maryam baghbani

esetnft

RubenSalvo

SHE

SHE

vanquishverse

wshuwrehere

edictzone

korbinianvogt

naiartwork

patrickamadon

Mike Hale 

It’s a presidential election year in the US, and 

a part of that cycle is always a high-stakes 

debate between the candidates, but the 

most talked about debate might not be the 

one you think! 

Instead, it was Solana’s Co-Founder Anatoly 

Yakovenko going toe-to-toe with Ethereum 

Researcher Justin Drake on Bankless to discuss 

the good, the bad, and the ugly of both 

chains. 

Just like any political debate, the arguments 

from each side were compelling, but it’s 

not likely to actually change anyone’s way 

of thinking. Still, it was an in-depth conversation 

that dove into the different architectures 

of Solana vs. EVM, each having their 

own strengths. 

I thought Anatoly did a tremendous job responding 

to some of the common criticisms 

of Solana with real-world examples and 

reasons of why the ecosystem is seeing so 

much growth right now. 

You can check it out for yourself in the Listen 

to This section below. 

Now on to the rest of the news... 

LayerZero Live on Solana 

LayerZero is an interoperability protocol that 

provides a framework for sending data and 

digital assets across 70+ different blockchains. 

Initially, the LayerZero endpoint on Solana is 

in “Mainnet Beta”, with messaging enabled 

with seven other chains: Ethereum, Arbitrum, 

Optimism, Base, BNB Chain, Avalanche, 

and Polygon. 

After completing a final round of audits, Solana 

integration will include all 70+ supported 

blockchains. 

By integrating LayerZero in their apps, Solana 

Developers can grow their market reach 

and utility across a wide range of blockchains. 

LayerZero Solana Programs communicate 

directly with Smart Contracts deployed on 

EVM-based chains. 

They include: 

• Omnichain Fungible Token (OFT): 

Supports fungible token transfers. 

• Omnichain Application (OApp): Facilitates 

messaging and configuration. 

This integration not only enhances Solana’s 

ecosystem, but also opens up more complex 

and secure blockchain interactions. 

For more detailed guidance on developing 

with LayerZero check out the LayerZero V2 

Solana Programs documentation. 

LayerZero is Live on Solana 

Solana Game Jam 3 

MagicBlock and LamportDAO have announced 

Speedrun, the third edition of the 

Solana Game Jam where developers have a 

limited time to create a game from scratch 

based on a given theme. 

Event Details: 

• June 29th, 12 PM UTC - July 5th, 11:59 

PM UTC 

• Virtual event with physical venues in 

London, New York, and Istanbul 

• $10,000 for the Main Track, with additional 

prizes for Sponsor Tracks to be 

announced soon. 

Leading up to the game jam, a series of 

workshops will be held to help participants 

learn how to build onchain games and 

explore the special tracks set by sponsors 

to equip you with the skills and knowledge 

needed to succeed in the competition. 

At the end of the 6-day game jam, a panel 

of judges will evaluate the submitted games 

based on uniqueness, creativity, and technical 

excellence. The most innovative games 

will be awarded prizes. 

Participants should check out this curated 

list of the best resources, tools and tutorials 

for building games on Solana to get 

ready for the event. 

This is an excellent opportunity to dive into 

the world of onchain games, learn new 

skills, collaborate with other developers, and 

showcase your best work! 

Solana Speedrun 3 

Solana Collective 

The Solana Collective is leaving the nest! 


Solana Collective, a community of contributors 

in the Solana ecosystem, is branching out from 

the Solana Foundation, to become an independent 

entity. 

Their mission remains the same: 

To empower, uplift, support and amplify the 

voices within the Solana Content Creator community 

Going forward the Solana Collective will focus 

on creating more opportunities for our content 

creators within the Solana ecosystem, with 

“Contentathons” like Solana Scribes, opportunities 

for paid commission work, hosting events, 

and rewarding contributors with an XP system. 

Developers and content creators can join 

the Solana Collective Discord and get full access 

after completing a basic 20 question quiz 

about Solana. 

Members get points and recognition for sharing 

relevant, quality content (like this newsletter 

for example!) 

Solana Collective 

Developer News 

Helius sendSmartTransaction 

Solana has been facing congestion issues that 

make it a challenge to ensure transactions are 

delivered and landed. While fixes are on the 

way, the Helius SDK has added the sendSmart- 

Transaction method to optimize your transaction 

submissions for you in both the Node and 

Rust SDKs. 

Metaplex Core Oracle Plugin 

The Core Oracle plugin is now live on Devnet. 

The Oracle plugin can read from an external 

account to influence lifecycle events like create, 

transfer, or update. For example, making an 

asset transferrable only during specific hours or 

when the floor price is above a certain amount. 

SolanaFloor launches Learn Solana 

SolanaFloor announced the launch of Learn 

Solana, an educational guide to onboard new 

crypto users and explain blockchain basics like 

wallet setup, crypto trading, & DeFi. 

Quick Hits 

Solana Hub adds notifications powered by Dialect 

- @SolanaHubApp 

What is the State growth problem on Solana? - 

@aeyakovenko 

Solana Changelog - Trident, Unruggable, and 

SyscallGetSysvar - Solana 

How Picasso built a solution to connect Solana 

to the IBC ecosystem - @IBCProtocol 

Storing token metadata fully onchain - @r0bre 

Merkle proofs for whitelisting email addresses 

using JavaScript - Idris Olubisi 

How to implement SVM rollups on Solana - Arvix 

How to Monitor Solana Transactions Using Geyser 

Enhanced Websockets - Helius 

Solayer Litepaper Part 1, v0 released - Solayer 

Labs 

Mobile shdwDrive: Solana Crossroads 2024 Recap 

- ShdwDrive 

Listen to This 

Bankless 

On Ethereum’s side was Ethereum Researcher 

Justin Drake, and on the Solana’s was Solana’s 

Co-Founder Anatoly Yakovenko. 

Each gave the good, the bad and the ugly of 

each other’s blockchain, settling their endgame 

towards the end of the episode. At times went 

well, at others it caused deep semantic rabbit 

holes, but overall both guests were able to 

communicate their messages. 

The Ethereum vs. Solana Debate | Justin Drake 

vs. Anatoly Yakovenko 

Bonus Episodes 

Why Businesses Are Building On Solana | Baxus, 

Tzvi Wiesel - Lightspeed 

Tzvi Wiesel Founder & CEO of Baxus discusses 

why they’re building on Solana, growing a global 

marketplace for spirits, and how Baxus are 

bringing whiskey onchain. 

Firedancer w/ Kevin Bowers - Validated 

In this episode, Austin visits Jump Crypto’s 

office in Chicago (The Pit) to talk about Firedancer, 

Solana’s second independent validator 

client. They discuss its roadmap, its rollout, and 

the ways in which it will optimize and improve 

upon the architecture of Solana’s existing client. 

DRiP and the Creator Economy on Solana (feat. 

Vibhu, founder) - Solfate 

Vibhu Norby, the founder of Drip, discusses the 

latest updates and developments with the platform. 

He explains how the current subscription 

model and traditional content platforms have 

created inefficiencies and asymmetrical value 

accrual. The conversation concludes with a discussion 

about the upcoming Drip mobile app 

and the transition process for existing users. 

Solforge: Combining Physical Card Games With 

Web3 Primitives I Justin Gary (Solforge Fusion) - 

Unlayered 

In this conversation, Sal is joined by Justin Gary 

to discuss the design and creation of Solforge 

Fusion, a hybrid deck game from the creators 

of Magic the Gathering. They delve into the 

gaming industry, the evolution of trading card 

games, and the impact of digital technology on 

game design.

https://dexterlab.com/author/marius/ 

If you’ve been following the latest news in the crypto world, you’ve probably noticed that 

political meme coins are having a moment. With the 2024 U.S. elections just around the 

corner, both Republicans and Democrats are suddenly all about crypto. They’ve realized 

that a lot of voters own crypto, meaning these digital assets could seriously influence the 

election outcomes. 

From “Anti-Crypto Army” to Embracing Crypto 

Donald Trump has made specific pledges to the crypto community, such as promising to 

commute the sentence of Ross Ulbricht, the founder of Silk Road. This has garnered significant 

attention and debate. 

Seeing former President Trump’s appeal to the crypto community, Democrats have started 

to embrace digital assets too. Prominent figures like Senate Majority Leader Chuck Schumer 

now back efforts to reform regulations that previously hindered the industry. 


Last week, Congress passed the Financial 

Innovation and Technology for the 21st Century 

(FIT21) Bill. This bill establishes a regulatory 

framework for crypto and clarifies which tokens 

are securities versus commodities. The crypto 

industry has been waiting for clear regulations 

for a long time, and this is very good news, 

especially after years of the SEC suing blockchain-related 

companies left and right. Some 

members of Congress had even spoken of 

building an “anti-crypto army”. 

Correlation with Events 

Now that we’re witnessing a historical change 

in the regulatory framework for crypto, the 

PolitiFi narrative (apparently there’s a fancy way 

of describing political memes) is gaining momentum. 

Political memes have been around 

before both candidates went full-on crypto, but 

the change in governmental tone at the end of 

May sparked new life into crypto tokens. Many 

of them reacted with a dramatic surge in price, 

leaving the holders very satisfied. 

Markets on Election Years 

Despite the positive stance on crypto from 

both candidates, election years themselves 

have historically been positive for the markets. 

Based on data from past elections, we can 

draw several conclusions about market behavior. 

The first half of the election year often sees 

positive market performance as primary elections 

progress and investor sentiment adjusts 

to the emerging political landscape. This trend 

has held true this year, with both crypto and 

equity markets showing positive performance 

in the first half. 

However, as we move into late summer and 

early fall, volatility tends to increase, particularly 

in September and October, due to debates and 

heightened uncertainty about the election outcome. 

Post-election, November and December 

typically see a relief rally if the election results 

align with market expectations, leading to a 

positive end to the year. 

For instance, the #1 token by market cap, MAGA 

with the ticker $TRUMP, appreciated by 180% in 

just a month. 

After reading all of this information and seeing 

political memes giving investors huge profits, 

one must think, “Is My Portfolio Election Year 

Ready?” “Are my Trump and Biden bags big 

enough?” 

The election and political narrative is just warm-

ing up. Political campaigns are in full swing, 

and any positive mention from any of the candidates 

is likely to boost political memecoins. 

There are also debates scheduled, and we can 

expect fireworks around those days. 

Key US Election Dates 2024 

• June 27: Biden and Trump plan to hold a 

campaign debate hosted by CNN in Atlanta, 

Georgia, prior to the conventions. 

• September 10: Biden and Trump plan to 

hold a campaign debate hosted by ABC. 

• November 5: (the Tuesday after the first 

Monday of November): Election Day. 

Political Memes: Investing in Humor 

If you’ve ever traded memes, you know how 

difficult it can be. Memes can be very risky, with 

99% launched going to zero often the same day 

of the launch. The PolitiFy category on Coin- 

MarketCap has thousands of tickers related to 

the narrative. Many of them are not worth your 

attention, as communities failed to grow further 

and token prices are near zero. However, 

the market is showing us the leaders with thriving 

communities and growing holder counts 

already. 

Although there are many more, the tickers 

listed below can be considered somewhat less 

risky investments as they have already gained 

momentum and recognition. Please keep in 

mind that these are not investment calls and 

require further research. 

MAGA, $TRUMP 

holders, MAGA Memecoin is gaining traction in 

the crypto community. The project also hosts 

weekly podcasts every Tuesday at 8 PM EST, 

featuring hosts like Shawn Farash and Steven 

Steele, creating an engaging community space. 

$MAGA 

$MAGA launched as a playful tribute to Trump’s 

famous hat, MAGA combines humor with 

blockchain innovation. With a market cap of 

$200 million and 15,000 holders, it’s gaining 

serious traction. The coin boasts a total supply 

of 420.69 billion tokens, with 100% of its liquidity 

pool burned and contract renounced, ensuring 

transparency and security. 

$TREMP 

Launched on August 11th, 2023, MAGA Memecoin 

aims to blend humor with purpose by supporting 

U.S. veterans and protecting children. 

Available on multiple blockchains like Ethereum, 

Solana, BASE, and BNB, it offers flexibility 

and accessibility for crypto enthusiasts. With a 

total supply of 47 million tokens and a 1% tax on 

transactions, funds are allocated for marketing, 

development, donations, and liquidity. Boasting 

a market cap of $570 million and over 22,000 

Inspired by a parody of Trump’s persona, 

$TREMP was launched on the Solana blockchain 

with humor and a mission to “make 

memes great again.” With a market cap of 

$120 million and over 31,000 holders, $TREMP is 

gaining momentum. The coin has zero transaction 

taxes, making it easier to buy and trade.

$BODEN 

Boden, a political meme coin inspired by President Joe Biden, has gained notable traction on the 

Solana blockchain. With a market cap of $120 million and 31,000 holders, Boden has seen significant 

surges in popularity. 

The coin recently experienced a 252% increase in value, spurred by social media buzz and even 

a humorous mention from former President Trump. As the election season intensifies, Boden 

stands out among political meme coins for its mix of humor and impressive market performance. 

Wrapping Up 

Political meme coins are not just a passing trend; they’re becoming a significant factor in the 

2024 U.S. elections. By staying informed and understanding how these digital assets can influence 

the political landscape, you can better position yourself for potential gains. 

As the election year unfolds, keep an eye on political memes—they might just be the key to 

boosting your crypto portfolio. 

Are you ready to dive into the world of political memecoins and potentially profit from the upcoming 

election frenzy? The stakes are high, and the opportunities are exciting.

0xdk7201

1of1demo

LPS

asthenia

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DaveT

fluboss

fluboss

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guskala

inkd

jurubis

kuruint

makoto

mhboub_nft

pixelart

ponpop

ponpop

pozer

sentientshapes

skyegreen_

teruterubozu

woolies

yns

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thirdfvnc

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https://x.com/crypto__kermit 

Where are they now? I dived into the top 100 NFTs from 2021 to see where they stand today. Here’s the story of 

how 50% of the most hyped NFTs disappeared. 

It all began yesterday when I made a post questioning the current status of these top NFT projects. Little did I 

know it would resonate with many, as several of these projects have remained silent for years. I decided to investigate 

and find out: Where are they now? 

HAPE Once upon a time, HAPE was the most hyped NFT project out there. We’re talking about homies getting 


tattooed, people begging for a whitelist, and a Discord 

with 300K people… The team ended up making $5M. However, 

this is where it all started going downhill. 

HAPE, like many on this list, was all numbers and no substance. 

The team failed to deliver anything of substance, 

including the art. Today, the team is rolling out a staking 

platform. Yes, a staking platform. Has anyone told them 

that it’s no longer 2022? 

Mekaverse If you thought HAPE was hyped, you’ve obviously 

never lived through Mekaverse. To this day, Mekaverse 

remains one of the most hyped mints in NFT history. 

However, all of this hype was short-lived as things went 

downhill upon reveal…

The NFT instantly started selling on secondary for 8 ETH, 

an instant $16K. However, this would not last long, as days 

later, the NFTs were pronounced dead by CT. Today, their 

Twitter page gets around 2 likes per post and is cluttered 

with art created by the community. Yikes. 

Invisible Friends Another day, another hyped mint we never 

hear about anymore. Invisible Friends was another one 

of those projects that everyone on CT wanted a whitelist 

for, but nobody needed. 

The reveal left everyone disappointed and the FUD kicked 

in. Today, Mekaverse is working on their own metaverse. 

They actually ended up building one. Despite this, their 

floor price to date still stands at $190 USD. Here’s what it 

looks like 

Art Gobblers Many people called Art Gobblers the result 

of a KOL cabal, as the project came out of nowhere, and 

every influencer was tweeting about it. The good news: it 

was a free mint. The bad news: nobody you knew had a 

whitelist for it because it was all given to KOLs. 

Today, the project just posts a handful of “gm” and “enjoy 

the weekend” tweets. Not really sure what they’re up to 

as their communication isn’t too telling. However, they 

did recently get tired of paying for a blue checkmark on X 

despite the $4M they had made on their mint. 

Nakamigos 

Nakamigos shook the entirety of CT when they first 

launched. This (almost) free mint instantly took off; even 

Beeple made an Everyday edition about them. Today, most

of their posts are likely botted. Just check their retweets 

from accounts with 0 followers. Oof. 

Lazy Lions 

Lazy Lions were once the face of NFT culture. It was by 

far one of the most engaged communities on CT. However, 

with time, the project began slowly losing relevance. 

Unlike 3Landers, however, the team was able to sell the 

project recently to @TLeeTrades. 

Karafuru Everyone had high hopes for Karafuru. Their 

4 ETH floor price reflected that. However, community 

members have since lost all hope as nothing has come to 

fruition from the IP. Today, their feed is full of gm tweets 

and memes. Their floor price is down to $80.

@pazuzuposter 

I was recently consolidating my @solana NFT holdings, 

and I wanted to briefly put up a about one of my favorite 

$SOL Token/NFT projects: @WoofSolana 

$WOOF is one of the OG $SOL memecoins operating 

since May 2021. It started off as many memecoins 

have subsequently started: As an airdrop followed by a 

series of burns. This all culminated up to a mention at 

the Solana Breakpoint Conference in 2021 marking its 

ath. 

As with many memecoins, as the bear market continued 

the volume died down and so did the price. 

Eventually the @WoofDao was dissolved. Despite this, 

a core group of holders and team members kept things 

moving - adding liquidity, releasing an airdrop for holders, 

and more. 

Following this, @WoofSolana released an NFT collection 

@WoofersNFT, created a multi-sig controlled @ 

WoofDao, and released a huge series of tools - building 

well into the bear market that followed its initial 

airdrop. 

@WoofersNFT even made the news! 

Then in December 2023 $DOGE woke up, and with it 

the whole dog coin market. 

@WoofSolana was a prime candidate to run up in the 

@solana ecosystem due to its organic holder distribution 

and its majority $SOL liquidity. $WOOF thus was 

able to reach a relative high of $.00060922. 

These days, @WoofSolana has been focused on 


airdropping to holders of both the $WOOF token and the 

@WoofersNFT NFT. Teaming up with @hampterfi and 

@solskypilots to deliver some great drops with more 

planned to follow! They’ve also been working on growing 

their Liquidity. 

And that’s not all to mention the available staking for @ 

WoofersNFT available through https://woof.ventures, 

the active discord, and the multiple strategies available 

at @HawksightCo for $WOOF (my fav is definitely the 

$WOOF/ $JUP vault). 

community, its steadfast team, and a general love of all 

things that go $WOOF! 

Also, the holder distribution is pretty spread out and organic 

with approximately 30k holders and no greater than 

3% concentrated into any one wallet. 

All in all, I feel confident in not only @WoofSolana’s 

ability to reach, but also exceed at the very least its recent 

all time highs. This is due in no small part to its still active

@0xGumshoe 

Sanctum just announced that $CLOUD is coming! This 

is all you need to know about the token and airdrop. 

Season 1 

Wonderland Season 1 has been closed ahead of schedule, 

marking just over a month of activity - Over 300K 

Wallets 

- Season 2 TBA, but not coming soon 

Token Launch 

- Launching on Jupiter’s LFG Launchpad 

- Launches at $50M FDV 

- 18% of the Total Supply unlocked at Launch 

- 1% will be given to Jupiter LFG 

Airdrop Details 

- 10% for Airdrop 

- Working on a mechanism that separates holders 

from dumpers 

- Potentially following a similar approach to DRIFT 

Looks like we won’t have many details until the snapshots 

are complete 

Token Utility 

- Governance 

- Sanctum Verified Partner Program Also, the team will 

not allocate any funds towards CEX listings 

Thoughts 

They’re launching at low FDV when they could’ve 

raised easily at $500M, based. In addition, the farming 

season was very short, something like 37 days which is 

the shortest time any project has done on Solana 


@ScottyTheCoach 

Dear Artists... YOUR WORK ≠ YOUR WORTH 

You gotta embrace (and even share) the “perceived lows” alongside the highlight reels. 

After crushing it in new ATH sales of 1.5-3.8k USD from March through May... 

My latest auction of 1.88 SOL / ~314 USD with 2 unique bidders would be considered a “dud” by 

most people’s perspective on performance. 

Many artists would take it personally after pouring so much time and energy into a piece while 

many others would be stoked to sell this amount. I’ve learned to be grateful AF for any sale. 

Why? Because someone on this planet was interested enough to collect a piece of my art with 

their hard-earned cheddar. 

Selling your art in this Web 3 space has so many variables at play: 

1. New Twitter X algo updates. 

2. Slow art market seasons. 

3. Attention on memecoins and new celebs on Solana. 

4. Poor planning + promotion on your end. 

5. Maybe your recent piece isn’t that dope? 

For this piece, I acknowledge I poorly planned the promo and rushed the drop. Would that have 

changed anything? Who knows. 

I do know I will NEVER mint something 

that I feel is “decent” to hit an 

arbitrary self-imposed deadline or 

chase a quick buck. I strive to vibe + 

be hella proud of the work I put into 

the world while leveraging intentional 

constraints + deadlines... 

To expand creativity and improve efficiency 

as I explore new mediums of 

animation + audio within my art. The 

valuation my work sells for doesn’t 

phase me... I’m hyped to connect 

with the collector and get started on 

the next piece. Any sale is a good sale. 

Getting to create art and connect 

with the community on Solana is 

a fucking blessing I don’t take for 

granted.

Riding the Crypto Wave 

Hey, crypto enthusiasts! If you’ve been tracking Solana (SOL) lately, you’re probably already 

hyped about its recent surge. Solana has been on a wild ride, and there’s buzz that it could hit 

a whopping $350 soon. Let’s break down what’s going on and why you should care. 

The Stablecoin Inflow Frenzy 

So, what’s driving Solana’s rocket ride? According to crypto analysts, Solana has seen a massive 

$1.5 billion influx of stablecoins since December. This influx is a big deal because it means 

more liquidity and trust in the network. One analyst, Gumshoe, even hopped on X (formerly 

Twitter) to share their excitement, predicting that SOL could soar to $350 as these stablecoin 

inflows keep rolling in. 

Recent Performance 

In the past 24 hours alone, SOL has jumped by nearly 2.5%, hitting close to $175. Trading volume 

has exploded by 32%, showing that investors are pumped. Solana’s been making waves 

all year, and this latest rally is just another highlight. 

The Bigger Picture 

Solana isn’t just riding the wave of stablecoins. The network’s also been a key player in the 

broader crypto market’s growth. While everyone’s been eyeing crypto-based ETFs and meme 

coin crazes, Solana has quietly positioned itself as a major contender. It’s even outperformed 

Ethereum in DEX volume at times, proving it’s no underdog. 

Looking Ahead 

The best might still be ahead for Solana. With the stablecoin market cap hitting $161 billion 

in May (a two-year high!), the potential for growth is huge. As stablecoins become even more 

popular, Solana stands to gain big time. 

The ETF Hype 

And let’s not forget the excitement around crypto-based ETFs. If more of these ETFs hit the 

market, Solana could be a prime candidate. While it’s all speculation for now, it highlights just 

how well-positioned Solana is in the crypto space. 

For all you crypto warriors out there, keep an eye on Solana. Its connection to stablecoins, 

its performance in the market, and the buzz around ETFs make it a crypto to watch. Whether 

you’re a seasoned investor or just getting started, Solana’s journey is one you won’t want to 

miss. 


https://x.com/jussy_world 

Weekly update on Solana Airdrops. (V12) 

Switchboard, Uprock, deBrdige, IO/NET, Solayer, 

Kamino. 

@switchboardxyz 

They announced a strategic raise of $7.5M 

with Solana Foundation, Aptos, StarkWare 

support (and more). Mission is to deliver fast, 

permissionless, and customizable oracle 

solutions. For Solana, it’s solid money, another 

proof that you should not miss Switchboard. 

creating an additional step between you 

and your target asset. Users can now explore 

the DeFiverse by navigating to the “de- 

Bridge widget” within Jupiter’s website. [this 

is huge to be honest] 

@ionet 

Announced Season 3 (yeah, I’m shocked 

too), and it will take place from 6/1 to 6/30. 

Rewards for Seasons 1 and 2 will be made 

available on launch day. Now you can check 

your rewards from season 1 and season 2 (if 

you’re eligible, snapshot for season 2 was 

already done) 

@UpRockCom 

Showed a good launch with help of Meteora 

Vaults, it’s first a coin launch on SOL without 

botters. $UPT withdrawals are now up and 

running with a success rate of over 98%, averaging 

40–50 withdrawals per minute. Also, 

40,000 UPT so far, will be burnt! 

@solayer_labs 

On the release of Epoch 1, they faced major 

congestion issues with an overly high demand 

to access the platform at the same 

time. Most of you were not able to deposit, 

that’s why they postponed Epoch 1, when 

it will be reactivating, TBA. Also, they announced 

(AVS) - Actively Validated Services 

to earn fees. 

@deBridgeFinance 

Until now, deBridge was integrated into the 

Jupiter bridge comparator, bringing users 

from the entire chainscape to @Solana. But 

this meant leaving the Jupiter app to bridge, 

@KaminoFinance 

$JupSOL is now live on Kamino Lend, Solana 

LSTs right now are yielding anywhere from 

6-9% APY - but JupSOL is: 11.3% APY. With 

Kamino’s Multiply interface, yielding over 

30%! However, in Kamino Multiply: 2x leverage, 

you earn over 13.2% APY 3x leverage = 

over 19.8% APY 4x leverage = over 26.4% APY 

5x leverage = over 33% APY. 


@0xGumshoe 

SOL is NOT pumping but that doesn’t mean its slowing 

down Here’s everything that’s happening on Solana right 

now. 

Highlights of the Week 

- MOTHER hits $100M mkt cap, 20X in a few days 

- GME (memecoin) flipped USDT’s Trading Volume 

- Jupiter hits $200B in Total Volume - Solana flipped Ethereum 

in on chain Trading Volume 

Volume 

Solana Weekly DEX Volume consistently stays above $7B, 

even with prices down SOL price being down 25% from 

local highs has not negatively impacted on chain activity so 

far 

Token Volume 

Memecoins continue to dominate on chain activity, with 5 

out of the 8 most traded tokens being memes (excluding 

stables). Memecoins are starting to solidify as an attention 

based sector instead of being seen as top signals 

Stablecoin Growth 

Stablecoins are the lifeblood of an ecosystem and Solana 

has benefited from large inflows of capital in the last 6 

months $1.51B of Stablecoin inflows since December 7th, 

and we’re still 50% below ATHs

Token Volume Memecoins continue to dominate on chain 

activity, with 5 out of the 8 most traded tokens being memes 

(excluding stables). Memecoins are starting to solidify 

as an attention based sector instead of being seen as top 

signals 

Fees 

As a result of increased on chain activity, Solana fees have 

skyrocketed. Validators are making more money and as a 

result stakers are enjoying higher APYs from LSTs like Sanctum’s 

Infinity SOL. 

Stablecoin Growth 

Stablecoins are the lifeblood of an ecosystem and Solana 

has benefited from large inflows of capital in the last 6 

months $1.51B of Stablecoin inflows since December 7th, 

and we’re still 50% below ATHs 

Sanctum Overview - TVL +28% in the last 7 days - TVL 

+102% in the last 30 days - Closing in on $1B TVL - Over 

6.5M SOL Staked Sanctum’s Season 1 has been going on 

for a little over a month which means we might be having 

a surprise soon.

Meme Coins: The Hottest Trend in Crypto 

If you’ve been riding the crypto wave, you know meme coins are where the fun (and potential 

gains) are at. With the market in a bullish mood, these quirky coins are proving incredibly 

lucrative. Here’s a rundown of the top three Solana-based meme coins that could surge 

by 200% this June. Let’s dive in! 

1. DogWifHat (WIF) 

First up is DogWifHat, affectionately known as WIF. This meme coin is currently making 

waves and looking to crush the competition. According to CoinMarketCap, WIF has jumped 

9% in the last 24 hours, trading at $3.50. But hold on to your hats—predictions from Coin- 

Codex suggest that WIF could skyrocket by a staggering 228% by the end of June, hitting 

around $11. 

Why WIF is Hot Right Now: 

• Current Price: $3.50 (up 9% in 24 hours) 

• Predicted Price by July: $11.52 (a 228% increase) 

• Market Sentiment: Bullish with a Fear & Greed Index of 75 (Greed) 

• Recent Performance: 12/30 green days with 9.20% price volatility over the last 30 days 

2. Bonk (BONK) 

Next on the list is Bonk, another Solana-based meme coin making serious moves. As per 

CoinMarketCap, BONK has risen 8% in the past day and is currently trading at $0.00003443. 

Over the last month, BONK has gained nearly 27%. CoinCodex predicts BONK will continue 

this bullish trend, potentially spiking by 228% to reach $0.000116 by the end of June. 

Why BONK is Gaining Traction: 

• Current Price: $0.00003443 (up 8% in 24 hours) 

• Predicted Price by July: $0.000116 (a 230.57% increase) 

• Market Sentiment: Bullish with a Fear & Greed Index of 75 (Greed) 


3. Book of Memes (BOME) 

Rounding out our list is the Book of Memes, or BOME. This Solana-based token aims to 

blend memes, decentralized storage, and degenerate trading into a unique web3 culture. 

Currently, BOME is viewed as an experimental project with massive potential. CoinCodex 

projects a significant spike, with BOME expected to rise by 226% to hit $0.043954 by the 

end of June. 

Why BOME Could Be the Next Big Thing: 

• Current Price: $0.013980 

• Predicted Price by July: $0.043954 

• Market Sentiment: Neutral with a Fear & Greed Index of 75 (Greed) 


Final Thoughts 

For those of you looking to get in on the meme coin action, these Solana-based coins could 

offer some of the best opportunities this June. Whether you’re a seasoned trader or a newbie, 

keeping an eye on WIF, BONK, and BOME might just pay off big time. 

SHILL Issue #164 

107

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ainbow

Fluboss

SHILL Issue 164

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