Vitalik Buterin Slams Celebrity Memecoins: Is Real Value Creation at Risk?

GM anon ☕🐺

In today’s Alpha Bytes👇

Vitalik Buterin, Ethereum's co-founder, recently criticized celebrity memecoins, calling them out for their lack of real-world value. Vitalik Buterin urges the crypto community to focus on projects with sustainable value creation. Amid this critique, $90B asset manager VanEck forecasts Ethereum's price soaring to $22K by 2030, predicting significant expansion beyond crypto.

BTC $70, 979 (-0.01%), ETH $3, 851 (+1.32%), SOL $173.12 (-0.43%) 

Crypto News 📰 

• Coinbase officially launches its Smart Wallet

• Base outpaces Optimism and Arbitrum amid Coinbase’s Smart Wallet debut

• Paxos unveils yield-generating stablecoin Lift Dollar (USDL)

• NVIDIA $NVDA surpasses a $3T market cap.

• Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols

• BlackRock and Citadel plan to launch a new national stock exchange in Texas

• Crypto Exchange DMM Bitcoin to raise $320M to pay back hack victims

•  Binance MiCA stablecoin rules implementation announcement

• Vitalik Buterin-backed Privacy Protocol Nocturne Announces Shutdown

Ongoing Airdrop Opportunities 👇 

• Kelp DAO (Limited time campaign; June 3-16)

Project Updates 🔥 

• Pirate Nation introduces $PIRATE

• TapiocaDAO Announces Genesis Date

• pac finance introduces Pac 2.0

• Taiko xyz experiencing bridging issue on their backend

• @karak_network expands to Arbitrum

• @IntentX_ announces buyback program

• @Myso_Finance introduces Whale Match

• Connext Network rebrands to Everclear

• Introducing M2 (first zk Move-EVM L2 on Ethereum)

• Revert Finance awarded points to retroactive users

• @swellnetworkio updates on $SWELL

• @sanctumso introduces $CLOUD

Threads 🧵 

• @VitalikButerin replies on celebrity memecoins

• Priority Is All You Need, Paradigm presents MEV taxes - @danrobinson

• Ultimate Guide to getting started with @Aptos - @Hercules_Defi

• Chain Abstraction 101 - @0xAndrewMoh

Launches 🚀 

• Taiko Claims

Fundraise 💰

• @FhenixIO (Chain) - 15M Series A led by @hack_vc

• @nubit_org (Blockchain Infrastructure) - 12M Seed led by @polychain 

• @m0foundation (DeFi) - 35M Series A led by @BainCapCrypto

• @Cookie3_com (Social) - 5.5M led by @TheSpartanGroup @animocabrands

Airdrops 🪂

• @taikoxyz airdrop claim!

• Kresko Airdrop allocation

Videos & Podcasts 🎥

• @thedailygwei - ETH ETF chat, Everclear introduced and more - The Daily Gwei Refuel - Ethereum Updates

• @KryptoCove - Get Ready for More AIRDROPS 

That's a wrap for today!

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