Spencer Ventures Daily Newsletter - Thursday, August 1st

Daily Market Movers

News & Current Events

• Crypto Markets See Major Liquidations Amid Falling Prices

  Over $300M of liquidations has hit crypto as majors fall 5-10% on the day

• Polymarket Odds For Trump Victory Down 18% Since Shooting

  Odds of Trump winning election peaked at 72% but are now down to 54%

• Solana Passes Ethereum In Monthly DEX Volume For First Time Ever

  July marks the first month where Solana DEX volume has exceeded ETH

• New Memecoin On ETH Goes Up 50% While Rest Of Market Dumps

  NEIRO is now up to over $200M market cap while most memecoins go lower

• Net Outflows On ETH ETFs Now Nearing $500M

  ETH ETFs saw $77M in net outflows yesterday, bringing total to $483.6M

• MicroStrategy Looking To Raise $2B For More Bitcoin Purchases

  MicroStrategy holds 226,500 BTC with plans to raise $2B for more purchases

• Coinbase Adds Perpetual Futures For $MEME & $MEW

  Coinbase adds support on perp futures for several popular memecoins

• Doodles Reveal Arizona Partnership Along With VIP Experience

  Each bottle can be scanned for a chance to win a VIP Doodles experience

• Mocaverse Announces Another Game For Their Cosmic Club

  Cosmic Bomber is now in open beta, available exclusively to Moca ID holders

Mints, Claims, Events, & More

• Proposal For $JUP Supply Reduction Goes Live

  Vote is now live to reduce total supply, cutting team’s allocation by 30%

• Pudgy Penguin Holders Can Now Claim Badges On The Arena

  The first 350 pudgy holders can now claim a badge for upcoming $ARENA

• MANTRA Reveals 50M $OM GenDrop Eligibility

  RWA tokenization protocol announces upcoming airdrop eligibility

• Rekt Brands Introduce DRANK Points Program

  Users can now earn DRANK points by purchasing drinks & doing social quests

• Bodoggos Have IP Integrated Into The Mystery Society 

  Holders can now play as a Bodoggo in The Mystery Society game