Everyone wants a piece of $SHEPE

The Triple Scoop

GM to the 34 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

  • Creator League NFT Backlash

  • Otherside: Legends Of The Mara Open Beta Coming This Month

  • New Cristiano Ronaldo Collection

👨‍💻 WEB3

  • $40m Exploit At Crypto Casino

  • Web3 May Be Able to Stop Hollywood Strikes…

  • Binance Head Of Product: Latest Exec To Leave Exchange

🪙 CRYPTO

  • Metamask Scammers Take over Government Websites

  • Lawyers are making bank on crypto collapses

  • ETF Approval is inevitable

🏆 SCOOP PREMIUM

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⛓️ NFT’s

  • NFT Total Market Cap $4.93B - 24/hour change -0.62%

  • Volume Traded 24/hours - $5.15M -9.41%

  • We still await the next meta to come around the corner. ‘Meta’s & ‘Trends’ are like finding Love… it comes around when we lease expect it.

  • We beileve the bottom is close or very much in the formation now, the core members who are left in the space now, are never leaving. Battle worn, torn and ready for the next charge in Web3.

  • As we navigate these time with you, we will focus delivering info, alpha & entertainment on trending categories, like ‘Generative digital Art’, Memes tokens, trending crypto projects & of course projects that gain traction.

  • Last 7 days NFT Gainers

  • Pixelmon - Up 84%

  • Nakamigos Up 46%

  • Karafuru Up 42%

  • Sam Spratt's Monument Game Player edition has climbed even higher now at 6.5 ETH floor, even though the game has finished 🎮

  • Remeber NFTs are far from over. The meta of selling out newly launched 10K PFP collections may be dead & buried, but the tides are shifting.

🔦 PROJECT SPOTLIGHT

Shiba Vs Pepe - MEME project.

Chain - ETH

DEX - Uniswap

MCAP - $11M at time of writing

Scoops Take

$SHEPE Need we say more? Shiba VS PEPE, isn’t that enough? $SHEPE is the brainchild of ‘OP’. The idea is simple, two great memes collide and the number go up?

The project is just 5 days old, their Telegram channel reached over 5000 members and the market cap reached today as high as $12.5M.

‘OP’ seems a pretty connected individual and respected by the community as so far he has stuck to his word with rolling out plans.

We listened to space last night which was very entertaining, community members were going wild with the annoucements which included; CEX listings incoming & that the Co-Founder of Floki ‘Petabyte’ has recently joined the team, talk about a major player.

Influential members of crypto twitter are already backing the token, having publicaly posted from their accouints on X including ‘Eric Cryptoman’ ‘Pentoshi’, & BTC charlie. Alongside that you have smaller accounts in 1-20K follower range shouting from the rooftops.

A meme coin is only as powerful as it’s community, and it is fair to say that the $SHEPE community are raging hard, relentlessly raiding X posts, shilling with their own posts, and non stop bonkers activity in the telegram chat. A perfect storm for a pump right?

A balance of Momentum & sustainable growth is cruicial for the growth of memecoins. Momentum to keep the excitement, and sustainable growth / pulls backs allowing new players to enter, this then allowed for the proper formation of new legs higher on so on.

So far, $SHEPE ticks a lot of boxes, constant announcements, a bouncing community, a determined founder and a face melting chart. You love to see it. The next test will be breaking $100M, after that $SHEPE is cooking on gas and will be well on its way to make MEME history.

Remeber DYOR if you are looking to enter. But one things for sure, its got us thinking… Who would win in a fight? Shiba or PEPE?

Pro Tip* Scoop Premium got the low down on $SHEPE at just $3.5Mcap

Creator League is an esports tournament that features 8 top influencers from within the industry. The community passes, which cost $20, were to be made available for anyone to purchase, allowing them to join a creator’s community. It transpired that the community passes are NFTs and this was decided without the knowledge of some of the creators, leading to CDawgVA pulling out due to being unaware of the technology. This then led to a pile-on about NFTs and other influencers involved receiving pressure to withdraw.

At a glance 🔎 
  • The pass carried other utilities including voting on team decisions and obtaining access to closed tournaments

  • There was no mention of NFTs or Blockchain technology on the website.

  • The situation is ongoing, with co-founder Tips Out stating he was unaware of any NFT/Crypto component and is awaiting responses.

🕵️ Scoops take:

When it comes to NFTs it takes someone with a severe lack of brain cells to think that a PFP of a Monkey or a rug pull is the same as a low cost community pass for an Esports competition.

There is clearly a real lack of education about NFTs and the multi-purpose they can provide. Of course, rug-pulls, scams etc, don’t help the space as a whole but to have all NFTs under one umbrella is plain dumb.

One lesson to learn is maybe to not be so sneaky in the future in getting NFTs in the backdoor, however, for us this seems like a case of crying for crying’s sake.

This collection is alive and kicking, but we may have stumbled across a rumour who their founders actually are. If this is true it could blow the lid of these bad boys.

Yuga Labs has revealed that LOTM Beta will launch this month. Holders of Otherdeed Virtual Land NFT will be gifted a new NFT and the chance to provide some feedback. The concept of the game is for players to evolve their NFT and defeat evil forces that may attack their lands. Expect some teething problems as the experience will evolve over the coming months.

At a glance 🔎
  • Otherdeed NFTs were minted back in May 2022 and caused the Ethereum network to clog and if you remember, also caused gas prices to soar.

  • The project has amassed over $1.26bn of trading volume.

  • There will be various rewards for current holders, but the finer details are yet to be confirmed.

🕵️ Scoops take:

At least a more positive story for the gaming sector. This is a huge deal for Yuga, it’s no secret the projects under their control have lowered to prices not seen for at least 18 months.

You’d be a fool to write them off though, it’s not only them that have suffered the slump of the bear, as they say, the bigger they are the harder they fall.

We back them to dust themselves down and fight back to previous highs.

The Football / Soccer ace went through a lie detector test to answer a series of questions on all things NFTs. The video was recorded following his previous collection as part of his partnership with Binance which launched in July. The main take from the questions was whether he had any plans to release more NFTs which was answered with a yes and met with a truth on the detector.

At a glance 🔎
  • The aim of the partnership with Binance is to introduce NFTs and Web3 to football/soccer fans across the world.

  • To meet the goal, the partnership was going to launch various NFT campaigns.

  • No finer details are known at this time.

🕵️ Scoops take: 

He may be your GOAT or he may not be but one thing that can be said about CR7 is that he is one of the most iconic sports stars on the planet and he is all in on NFTs.

If you have paid attention to his career, you will know he is currently playing in Saudi Arabia, earning eye-watering dollar, so this isn’t just a ploy to make money (he already has 2000 lifetimes worth), he wants to see the space grow and evolve.

With a global fanbase such as his, anything he touches should result in a goal.

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🌐 WEB3

Crypto casino Stake reportedly fell victim to a $40 million exploit involving a "private key leak," according to on-chain analysts Cyvers and ZachXBT. The stolen funds, mostly in Ethereum, Polygon, and Binance Smart Chain, have been converted to ether and moved to external wallets. Despite the breach, Stake's wallet still holds $2.4 million in crypto assets. Last year's crypto losses to hacks dropped by 70% in Q1 this year.

At a glance 🔎
  • Crypto casino Stake suffered a $40 million exploit due to a "private key leak," primarily affecting assets on Ethereum, Polygon, and Binance Smart Chain.

  • The stolen funds have been converted to ether and transferred to multiple external wallets.

  • Despite the massive loss, Stake's wallet still retains $2.4 million in crypto, and the company made $2.6 billion in revenue in 2022.

🕵️ Scoops take:

This Stake exploit is like the Ocean's Eleven of crypto heists, but it's not Danny Ocean behind the curtain—it's the cold reality of security flaws. This event puts a big question mark over the crypto-casino space, especially when they're pulling in billions. It's not just about losing chips on the table anymore; it's about the very foundation the house is built on. If a huge player like Stake can get hit, it has to make you question the entire crypto-gambling arena… 🎲

Mayur Kamat, Global Head of Product at Binance, has resigned, marking the latest in a series of executive exits from the crypto exchange amid increasing regulatory scrutiny. Kamat, who was instrumental in expanding Binance's user base to over 150 million, joined the company in January 2022. His departure follows those of several other high-ranking officials as Binance faces lawsuits from U.S. regulatory agencies.

At a glance 🔎
  • Mayur Kamat, Global Head of Product at Binance, has resigned, continuing a trend of high-level departures from the company.

  • Kamat played a key role in expanding Binance's user base from 80 million to over 150 million within 18 months.

  • Binance is facing increasing regulatory challenges, including lawsuits from U.S. agencies like the SEC and CFTC.

🕵️ Scoops take:

Another top exec leaving Binance…. It's a signal things aren't exactly smooth backstage. With regulatory wolves howling at the door, this departure isn't just a company hiccup. It's a key player leaving a championship team right before the playoffs. You start to wonder if they know something we don't. Binance is the LeBron James of crypto exchanges, but even LeBron can't win a title without a solid team.

The decentralized video streaming protocol Relay is setting out to tackle the issue of unfair revenue distribution in the OTT video industry, which is projected to hit $200 billion in 2023. Utilizing blockchain technology, Replay aims to offer transparency and real-time compensation to content creators. Its first service, RewardedTV, has already attracted 100,000 users and features gamified elements like digital tokens and leaderboards.

At a glance 🔎
  • Replay is set to disrupt the traditional, centralised OTT video streaming industry with its blockchain-based solution.

  • RewardedTV, Replay's first service, has 100,000 users and uses Web3 to offer real-time compensation and gamified experiences to viewers.

  • The move comes amid growing concerns about unfair revenue distribution in the streaming industry, recently highlighted by Hollywood strikes.

🕵️ Scoops take:

Ever wondered why actors and writers go on strike in Hollywood? It's like Netflix hogging the whole popcorn bowl and leaving just a kernel for the people actually making the show. Replay's stepping into this drama like the superhero in a Marvel flick. Using blockchain, they're trying to make sure everyone gets their fair share of the popcorn. It's Web3 tech putting power back into the hands of creators, so they don't get screwed by the big studios, and we are absolutely here for it!

🪙 CRYPTO CRUNCH

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Top Stories

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😡 THE REKT SECTION 😡

DISCORD LINKS

What a monumental F**k up by those that are running Discord.

It has come to light that scammers are now able to hide links in ANY discord text.

The one saving grace for Discord (for now) is that when you try to click on any website link it will give you a warning about going to the website.

That being said, there is no doubt plenty out there that will blindly click visit site.

PLEASE DO NOT DO THIS AND MAKE SURE YOU CHECK OUT EVERY SINGLE LINK YOU CLICK ON.

Discord really needs to update this feature and remove the ability to hide these links as we all know how this will end for plenty.

🏆 WEEKLY WINNER 🏆

El-Salvador

It’s no secret how bullish the country has been on all things Web3/NFT/Crypto.

Well, they are now looking after the next generation.

It has been announced that the country will be implementing Bitcoin education in every public school in 2024.

Finally, a class where the children may actually use some of the information for adult life, and with a bit of luck, they may actually enjoy it.

Let’s hope they also roll out an NFT guide for some of our gaming friends who seem to be so uneducated on all things Web3.

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