1ATH.Studio Altcoin Weekly
Trump Rally Shooting, Crypto Surge, and Hackathons
This week’s altcoin buzz includes a dramatic shoot up in associated memecoins after a shooting at a Trump rally, and several top altcoin incoming “Attackathon.”
Gunfire at Trump Rally Sparks Panic and Market Reactions
Gunfire erupted at a Donald Trump rally on Saturday, causing panic in the crowd and leaving Trump spattered with his own blood. The shooter was immediately neutralized by U.S. Secret Service.
Following the incident, Polymarket showed Trump’s chances of winning increased from 60% to 69%, while Biden’s chances dropped to 14%. In the crypto world, memecoins such as TREMP, TRUMP, and MAGA saw a sharp rise.
Solana’s Firedancer: Bug Bounty Bonanza
Solana developers, here’s your chance to earn some serious rewards! The new “Firedancer” independent validator client just launched, and Solana is offering substantial bounties for anyone who can find bugs. The bug bounty program kicked off on Wednesday and will run for 42 days, from July 10 to August 21, 2024. Dive in, find those bugs, and get paid!
Bybit Offers Pre-Market Trading for Hamster Kombat’s HMSTR Token
Another cryptocurrency exchange has joined the excitement surrounding Hamster Kombat’s HMSTR token. Bybit began offering pre-market trading for HMSTR on Monday, providing traders with an early opportunity to engage with the popular Telegram gaming phenomenon.
Currently, HMSTR is trading at approximately $0.12 in USDT on Bybit’s pre-market platform. This early trading option allows traders to get a head start on what is expected to be a highly anticipated token launch.
Doja Cat’s Twitter Hacked to Promote Solana Meme Coin
American rapper and singer Doja Cat is the latest celebrity to have her Twitter (X) account hacked to promote a Solana-based meme coin. On Monday evening, her account began tweeting crypto content, urging followers to “buy $DOJA or else.”
Doja Cat quickly informed her 24 million Instagram followers that she was not responsible for the posts. The hacker posted over two dozen times, even removing her profile picture and description from her account, which has around 5.6 million followers.
Ethereum Announces $2 Million “Attackathon” Hackathon
Ethereum is kicking off its first-ever hackathon, “Attackathon,” with a whopping $2 million reward pool. This four-week challenge invites security researchers to dive into Ethereum’s codebase and hunt for vulnerabilities. The Ethereum Protocol Security team detailed the event in their July 8 blog post, aiming to crowdsource the largest security audit of its protocol to date.
Hong Kong Police Arrest Two Women for Abduction and USDT Ransom
Last week, Hong Kong police arrested two 38-year-old women from mainland China for allegedly abducting a three-year-old boy. The incident took place on July 3 in a Tseung Kwan O shopping mall. According to the Hong Kong Free Press, the abductors demanded a ransom of US$660,000 to be paid in USDT.
Meme of the Week: When you get rekt trading memecoins but are a matured trader
Top Altcoin Gainers and Losers of the Week
Altcoin of the Week
XRP — $XRP
Coingecko: Ripple is a privately-held fintech company that provides a global payment solution via its patented payment network called Ripple Network (also known as RippleNet). RippleNet is a payment network that is built on top of Ripple’s consensus ledger, called XRP Ledger (also known as XRPL). Ripple funded the development of the open-source XRP Ledger.
Price — $0.538
Market Cap — $30,056,330,239
Fully Diluted Valuation — $53,852,479,345
24 Hour Trading Vol — $2,691,881,381
Circulating Supply — 55,805,339,473
Total Supply — 99,987,452,475
Max Supply — 100,000,000,000
