The RugMusk Explains Zero Knowledge Proof Means Requiring No Facts
Posting to the near-bankrupt ‘X’ platform he bought and still has no idea how to manage, CEO Elon Musk clarified a little-understood term. “‘Zero knowledge’ or ‘zK’ is pretty simple,” Musk began, “It means...
The RugCardano Announces Plan to Join ETH Merge | The Rug's Mostly Credible Newsletter #1
Dearest Eyeballs, I am pleased to present The Rug’s First Newsletter, your least bad source of crypto news. Take it as an offering, once a month. For many of our stories, we are the only Web3 news outlet reporting on them! How is it that no one else was willing to cover it when Michael Saylor Insists Baskin-Robbins Has Only One Flavor, or how US President Joe Biden Urges Gas Station Operators to “Migrate to Layer 2 Immediately” in a Bid to Stymie Skyrocketing Gas Prices, and of course heroic feats like Solana Goes Full Day With No Down Time? Our reporters are out there, day after day, breaking news like when OpenSea claimed, “It’s only money laundering if you get caught.”
The RugPREMIUM — Elon Musk Buys 6.9% Stake in The Rug
PALO ALTO — Renowned tech magnate Elon Musk has acquired a substantial 6.9% stake in our esteemed newspaper, solidifying his presence as a significan...
Subscribe to The Rug
>600 subscribers
The RugMusk Explains Zero Knowledge Proof Means Requiring No Facts
Posting to the near-bankrupt ‘X’ platform he bought and still has no idea how to manage, CEO Elon Musk clarified a little-understood term. “‘Zero knowledge’ or ‘zK’ is pretty simple,” Musk began, “It means...
The RugCardano Announces Plan to Join ETH Merge | The Rug's Mostly Credible Newsletter #1
Dearest Eyeballs, I am pleased to present The Rug’s First Newsletter, your least bad source of crypto news. Take it as an offering, once a month. For many of our stories, we are the only Web3 news outlet reporting on them! How is it that no one else was willing to cover it when Michael Saylor Insists Baskin-Robbins Has Only One Flavor, or how US President Joe Biden Urges Gas Station Operators to “Migrate to Layer 2 Immediately” in a Bid to Stymie Skyrocketing Gas Prices, and of course heroic feats like Solana Goes Full Day With No Down Time? Our reporters are out there, day after day, breaking news like when OpenSea claimed, “It’s only money laundering if you get caught.”
The RugPREMIUM — Elon Musk Buys 6.9% Stake in The Rug
PALO ALTO — Renowned tech magnate Elon Musk has acquired a substantial 6.9% stake in our esteemed newspaper, solidifying his presence as a significan...
Subscribe to The Rug
>600 subscribers
Share Dialog
Share Dialog
LONDON — This November, a new buzz has emerged as astute investors are diverting their attention to an unexpected sector: Christmas shitcoins.
These speculative digital assets, themed around the holiday season, are gaining traction, and the smartest investors are positioning themselves ahead of what could be a significant December pump fueled by Christmas memes.
These "Christmas shitcoins" typically bear names and themes related to Santa Claus, reindeer, snowmen, and other festive symbols.
Some shitcoins are already seeing massive gains. “HappyBirthdayJesus,” “RudolphWuzHigh420,” and “Mr. Hanky’s Stanky Panky” are all up over 1200% over the past three days.
Historically, December has witnessed a surge in enthusiasm and engagement with Christmas-related content across various online platforms.
Memes have proven to be a driving force behind the viral adoption of certain tokens and so savvy investors are closely monitoring social media trends, identifying specific Christmas memes gaining traction, and associating them with corresponding Christmas shitcoins. By doing so, they aim to ride the wave of meme-driven hype and capitalize on the resulting surge in the token's value.
While these investments might seem speculative and driven by sentiment, the sharpest investors are conducting thorough research before diving in. They are assessing the credibility of the projects behind these Christmas shitcoins, examining the development teams, underlying technology, and potential use cases beyond the seasonal hype.
“This the second most obvious trade of the year,” one shrewd speculator said. “Christmas is the new Barbenheimer.”
Bitcoin is down 3% on the news.
For more mostly credible web3 news, follow @therugnews on X.
Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
LONDON — This November, a new buzz has emerged as astute investors are diverting their attention to an unexpected sector: Christmas shitcoins.
These speculative digital assets, themed around the holiday season, are gaining traction, and the smartest investors are positioning themselves ahead of what could be a significant December pump fueled by Christmas memes.
These "Christmas shitcoins" typically bear names and themes related to Santa Claus, reindeer, snowmen, and other festive symbols.
Some shitcoins are already seeing massive gains. “HappyBirthdayJesus,” “RudolphWuzHigh420,” and “Mr. Hanky’s Stanky Panky” are all up over 1200% over the past three days.
Historically, December has witnessed a surge in enthusiasm and engagement with Christmas-related content across various online platforms.
Memes have proven to be a driving force behind the viral adoption of certain tokens and so savvy investors are closely monitoring social media trends, identifying specific Christmas memes gaining traction, and associating them with corresponding Christmas shitcoins. By doing so, they aim to ride the wave of meme-driven hype and capitalize on the resulting surge in the token's value.
While these investments might seem speculative and driven by sentiment, the sharpest investors are conducting thorough research before diving in. They are assessing the credibility of the projects behind these Christmas shitcoins, examining the development teams, underlying technology, and potential use cases beyond the seasonal hype.
“This the second most obvious trade of the year,” one shrewd speculator said. “Christmas is the new Barbenheimer.”
Bitcoin is down 3% on the news.
For more mostly credible web3 news, follow @therugnews on X.
Grab the latest crew badge and sew it directly onto your Degen Scouts sash.
1 comment
FINANCE — Smart Money Already Rotating Into Xmas Shitcoins "This November, a new buzz has emerged as astute investors are diverting their attention to an unexpected sector: Christmas shitcoins." Check out the full article 🎄👀 https://paragraph.xyz/@therugnews/smart-money-already-rotating-into-xmas-shitcoins