Pudgy Penguins, BTC Hash Rate, GameStop, Monrad, Lingo, Fantasy top, Shutdown, Islands of Greed

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👀WHAT’S THE META..👀

GM, GA, or GN wherever you may be.

Want to stay ahead of the curve? Don't worry we got you. The market has been brewing, here's what's currently happening:

The GameStop surge is sparking renewed interest in meme coins within the crypto community.

Metaplanet Adopts Bitcoin Amid Japan's Debt Woes

Pudgy Penguins Sells One Million Plush Units in Under a Year

The Bitcoin hash rate is dropping due to mining firms shutting down unprofitable rigs after the halving.

Wells Fargo's Bitcoin Holdings Revealed

Metaplanet Adopts Bitcoin Amid Japan's Debt Woes

🎉GIVEAWAY TIME🎉

"Shutdown" is an exhilarating web3 gaming intellectual property situated within a dystopian realm dominated by AI. Players dive into high-energy battles, facing off against global adversaries to seize valuable resources and ascend the ranks of a decentralized society.

Thanks to our frens over at Inferno Labs we have GTD and FCFS spots up for grabs. Email [email protected] with your X id and ETH Wallet with email subject 'Shutdown'. Winners will be drawn in 72 hours, and notified by X DM.

MUST BE FOLLOWING Shutdown, Inferno Labs, Alphabot, & Seven

🔮 NFT EVENTS & DROPS 🔮

So many mints, so little time. Don't worry Mani's got you covered.

1. The crypto company, "LINGO," is launching its most awaited and innovative Sociafi campaign on May 14th at 6:30 p.m. CET!
   

2. Web3 gaming studio, "Peanut Games", has launched a free mint and extended the deadline for farm holders until May 15th, 12:00 UTC.
   

3. Popular blast Dapp, "Fantasy top," is launching the Stars capped competition starting on May 16th.
   

4. Web3 shooter game "Citizen Conflict" is launching its next farming season from May 20th.

5. Web3 game "Castile" will unveil its mystery boxes on May 20th and kick off the first round of alpha testing.

Powered by Alphabot

1. @Moonisland555

   10000 Unique Collectible Recursive Moonisland on #Bitcoin. Each serving dual roles as a Profile Picture (PFP) and an NFT miner

   Mint Date: May 15th

   Supply: 10,000

   Chain: BTC

2. @asiliumio

   Asilium New Open World Game

   Buy, Rent, Sell, Trade, Stake

   Earn As You Play!

   Mint Date: May 15th

   SupplyL 999 FREE MINT

   Chain: Polygon

3. @TheBackwoodsSol

   A meticulously crafted roguelite game on Solana - fun, rewarding and utterly addictive.

   Mint Date: May 16th

   Supply: 6666

   Chain: Solano

4. @DOGameSol

   The 1st Turn-Based Strategy Card Game on #Solana

   Mint Date: May 16th

   Supply: 1111 FREE MINT

   Chain: Solano

5. @HiKESHi_BTC

   Japanese Style. Japanese Spirit. // Inscribed as an Ordinal on the Bitcoin Blockchain, Forever

   Mint Date: May 17th

   Supply: 3500

   Chain: BTC

🪙CRYPTO DIGEST🪙

BTC had its lowest weekly close since entering this trading range of $71,300 and $61,769. Since establishing a new ATH of $73,757 in March, the price has been in a medium-term downtrend.

Should bullish momentum continue this week, a key area to overcome to revisit the range highs is $64,740. While it is possible to surpass this resistance level, it currently stands as a significant barrier. BTC has been rangebound for 75 days, and an eventual breakout from this range is anticipated, although it may take time. Until a confident break is seen, trading within this range is viable, but it's essential to understand the associated risks. Long-term, the uptrend remains intact, suggesting a continuation of the bull market.

ETH/BTC recorded its lowest weekly close last week, continuing its downtrend. Monitoring a break of key support at 0.0462 (current cycle low) or the downtrend line at 0.055 is crucial. Given the current environment, it is probable that ETH will not shift towards a more bullish structure against BTC until looser monetary policy arrives. This trend will likely hold true for the broader altcoin market as well.

Opportunities within the altcoin sector remain, driven by speculators' continued interest. This week, there may be a continued surge in meme coins, particularly with notable figures like Roaring Kitty being active again.

Regarding the broader market and economic health, significant updates in the ongoing battle with inflation are expected to impact the markets. The Producer Price Index (PPI) data will be released on Tuesday at 8:30 AM EST, and the Consumer Price Index (CPI) data will follow on Wednesday at 8:30 AM EST. Current fears about the labor market, paired with persistent inflation, necessitate vigilance.

While the bull market is likely to continue for both the stock and crypto markets, volatility remains a concern as the economy shows signs of weakening. Monitoring these economic indicators will be critical in assessing the market's direction and preparing for potential fluctuations.

🎉GIVEAWAY TIME🎉

Islands of Greed is a blockchain PVP game where $GREED defines the stakes, offering sustainability and high engagement.

Crypto's essence is greed, driving network security and rapid innovation. Islands of Greed leverages this principle, blending strategy, user experience, and luck to converge crypto, gaming, and strategy. It's a world-building adventure like Minecraft, with strategic depth akin to poker and Go.

Thanks to our frens over at Inferno Labs we have GTD and FCFS spots up for grabs. Email [email protected] with your X id and ETH Wallet with email subject 'IOG'. Winners will be drawn in 72 hours, and notified by X DM.

MUST BE FOLLOWING Island of Greed, Inferno Labs, Alphabot, & Seven

🤑AIRDROPS🤑

Monad is a Layer 1 blockchain with EVM compatibility. The team claims to have 10,000 TPS with Parallel Execution which makes it the fastest and the only EVM compatible blockchain with these capabilities. The blockchain is still in devnet stage and is set to launch mainnet by the end of 2024.

The company has raised over $225m with the backing and connections to some of the biggest companies in crypto such as Wormhole & Pyth.

The criteria for the airdrop is currently unclear but there is some speculation as to what you can do in order to potentially be eligible.

Monad has a discord and telegram for OG users which will most likely be eligible for the airdrop. As mentioned earlier, Monad has deep connections within the Pyth Network and Wormhole ecosystem which means that stakers of their coins will likely be eligible. Monad also has connections with the NFT ecosystem so therefore judging by recent events we could see Monad allocating a percentage of their token supply to NFT projects such as Madlads and potentially Ovols & Wassie.

Monad Twitter: https://x.com/monad_xyz?s=21