The Daily Modern Market Snapshot: Wed 28 May
Majors: BTC 108k; ETH 2.6k; SOL 174
Headlines
- Trump Media announces $2.5B BTC treasury plan
- Circle files for IPO targetting $6.7B valuation; Robinhood providing IPO access
- Plasma announces ICO at $500M FDV via Cobie's new public raise platform Sonar
Notable PA
- KAITO +10% to $2.3B FDV
- VIRTUALS strong again +5% to $2.4 with multiple ecosystem tokens up too: AIXBT +14%; LUNA +21%
- HYPE pulls back -6% to $35
Notable Sales
- Pokemon inspired NFT art collection Supremon 151 runs from 0.02 ETH to 1.39 ETH floor
- Ship Rekt new flavour REKT Drinks to go on sale by minting an NFT on Opensea
- CryptoPunks selling between 47-53 ETH
- Bad Bunnz MegaETH community collection +70% on the day to 0.4 ETH
Web 3 Round Up
- SharkpLink gaming announces a $425M strategic ETH reserve: Consensys is lead investor with Joseph Lubin joining the board
- Strive Management cofounded by Vivek Ramaswamy announces $750M first wave of private investment to fund BTC accumulation; no debt, warrants up to $1.5B proceeds
- SOL Strategies announces preliminary prospectus for up to $1B in potential financings
- SUI hacked protocol Cetus reveals plans to fully compensate users affected by $223M hack
- Metamask wallet traditionally focused on ETH adds native Solana support
More News
- Celebrity Hasbulla raises $20M for memecoin presale in the last 24 hours
- GMoney announces luxury web3 clothing brand 9dcc will wind down, citing inability to overcome macroeconomic headwinds + global luxury retail softness
- SBF 25 year prison sentence for fraud and conspiracy with FTX has been reduced by 4 years for good behaviour
Social Crypto
- Arbitrum adds a KAITO leaderboard with around 400K $ARB across the 3 months for top 50 yappers
- Camp Network announces it will allocate 0.25% of $CAMP to yappers and Kaito ecosystem: in addition $40k per month in rewards
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@meg_thorpe_ nope, just snapshot
Ship Rekt will be purchasable by minting an NFT on @OpenSea.
There will be two rounds to the sale:
1. Allowlist
2. Public
The allowlist will include the following:
- Holders of at least 350M $REKT
- Rektguy NFT holders
- Anyone who purchased Liquidated Lime drinks
- Anyone who purchased Abstract Apple drinks
- A public Alphabot raffle (999 spots)
In order to qualify, you MUST be signed up to and have BOTH your ETH mainnet and AGW wallets connected.
You can join the public raffle at:
Snapshots will be taken at 12PM EST on Saturday 31st May.

26,19 mil
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