Shiba Inu is ranking in top ten

🀠 Still holding fundamental strong coin?πŸ˜πŸ˜†

Hey, 😎 dude! welcome to coinrush. Let's check out what fucking things happened today in the market. You know memecoins are performing 🎭 far better than fundamental strong coins. Money πŸ€‘ 

Today's Insights 

πŸ’₯ memecoin is bigger than Cardano

πŸ‘ NYSE and Crypto index options

πŸ€– 3 AI coin merging

🀩 Paypal with its stablecoin

πŸ‘‘ Blackrock at the top

βœ”οΈ ETF got approved

πŸ‘€ Bitcon options expiry

🦾 memecoin created by chatgpt

πŸ₯΅ FTX in the

Shiba Inu in the Top 10 ranking 🀩 

Shiba Inu is ranking in top 10

The memecoin craze has struck again! πŸš€πŸ• Shiba Inu has leapfrogged Cardano in the top-10 crypto rankings. Shiba Inu, Pepe, and Dogwifhat are hitting all-time highs, pushing out the big players. Shiba Inu now boasts a $16.4B market cap, just edging out Cardano's $16.3B, bumping Cardano to 11th place. Even as the market recovers, Cardano is stuck at $0.45, far from its glory days. Who let the dogs out? Woof! πŸΆπŸ’Έ

Wall Street Planning for crypto options πŸ‘ 

NYSE planning for crypto options

NYSE is hopping on the crypto train with index options tied to Bitcoin's price πŸš‚πŸ’° It's like Wall Street saying, "Hey Bitcoin, let's dance!" πŸ’ƒπŸ•Ί These derivatives will follow the CoinDesk Bitcoin Price Index (XBX), making crypto more mainstream than ever. Get ready for traditional finance to do the Bitcoin boogie! πŸŽ‰

Fetch.ai+ singularityNET+ ocean protocol=Money🧐

3 AI coin are merging

Three AI protocolsβ€”Fetch.ai, SingularityNET, and Ocean Protocolβ€”are joining forces to become the Artificial Superintelligence Alliance (ASI) on June 13! πŸš€ They're swapping tokens like trading cards, with Fetch.ai's token (FET) getting a makeover as ASI. It's a token makeover party! πŸ’ƒ This merger aims to shake up the AI world and take on the tech giants. Plus, while the digital asset market's dipping, these AI tokens are soaring like superheroes! πŸ’ͺπŸ“ˆtext

πŸ’° PayPal’s stablecoin PYUSD

PayPal’ stablecoin

PayPal's PYUSD stablecoin is ditching Ethereum for Solana after a lackluster year-long stint πŸš€ With only 8,600 holders and a market cap barely scraping $400 million, it's the underdog in the stablecoin world 🐢 But hey, even PayPal's got standards: they need transactions faster than a cheetah and cheaper than a dollar store πŸ˜‚ So now, PYUSD's getting a Solana makeover, gaining secret-agent-level privacy for merchant transfers πŸ•΅οΈβ€β™‚οΈ Watch out, crypto world, PYUSD's stepping up its game! πŸ’Ό

πŸ‘‘ crown on BlackRock’s Head

BlackRock's Bitcoin ETF

BlackRock's IBIT ETF dethroned Grayscale's GBTC thanks to a $102 million influx! πŸ’° IBIT now holds nearly $20 billion in bitcoin, while GBTC's at $19.7 billion. Investors are swapping sides like it's a game of musical chairs, with $16.5 billion going into IBIT and $17 billion exiting GBTC since January. Even BlackRock's joining the party, sneaking IBIT into its funds. πŸŽ‰ Crypto's on fire, folks! πŸ”₯πŸš€

Ethereum ETF got approved πŸ‘ unexpectedly, what next?

Ethereum ETF got approved

Ethereum's ETH just did a happy dance πŸŽ‰ thanks to unexpected ETF news! πŸ“ˆ SEC's nod to spot Ether ETFs shocked everyone, leading to a bullish frenzy. πŸ‚ But hey, what's in store? L2s and DeFi OGs are throwing a party πŸ₯³, EVM-compatible projects are feeling the love πŸ’–, and decentralized exchanges are popping champagne 🍾. Sorry, Solana, you might miss the bus 🚌! Plus, zk-rollups and RWA tokens are getting ready for their moment πŸ’«. But, folks, don't forget your seat belts πŸ›‘ – with great opportunity comes great volatility! Brace yourselves for the rollercoaster 🎒, and remember: buy the rumor, sell the news! πŸ“°πŸ’Έ

Bitcoin options expiry πŸ˜΅β€πŸ’« on 31st May

Bitcoin options expiry

Bitcoin's rollercoaster ride! 🎒 Despite bullish hopes and dreams of $80k and $90k, Bitcoin's struggling to get past $70k. πŸ“‰ May 31's options expiry? Bulls might end up crying over their worthless call options. 😭 BTC's price? It's like a moody teenager, influenced by everything from geopolitics to the latest ETF approval. πŸ€·β€β™‚οΈ Nasdaq's soaring high suggests confidence in the Fed's plan, but Bitcoin's still trying to find its groove amidst the competition. πŸš€ Analyzing calls and puts? It's like reading tea leaves in a crypto cup! β˜•οΈ

Memecoin created by ChatGPT 😎

Turbo memecoin

A memecoin called Turbo, created with ChatGPT and a budget that barely buys a pizza πŸ•, skyrocketed to a $638M valuation in a year! πŸš€ On May 28, its price hit $0.009302, probably making some folks spit out their coffee. β˜• Turbo's market cap ballooned 2,262% in three monthsβ€”more impressive than your gym progress. πŸ’ͺ Creator Rhett Mankind says it succeeded because he stayed out of its way. πŸ˜‚πŸ’₯

FTX in the jail😩

Former CEO in jail

Ryan Salame, former co-CEO of FTX, just booked a 7.5-year stay at the Graybar Hotel πŸ¨πŸš”. He confessed to running an unlicensed money biz and dabbling in some dodgy campaign financing. U.S. Attorney Damian Williams quipped that Salame helped FTX grow faster by "creatively" bending the rules πŸ“ˆπŸ€¦β€β™‚οΈ. Salame blew the whistle on FTX's shenanigans in November 2022, right before Sam Bankman-Fried bailed. Sam, not to be outdone, scored himself a 25-year prison sentence in March πŸ—“οΈπŸš¨.

Thanks for reading to coinrush newsletter πŸ“°