2024 was the history for Crypto

hey hey Degen,

Welcome to Meta Wire, your daily crypto wire that gives you alpha, laughs, and a healthy dose of crypto world. Today’s breakdown is packed, so buckle up.

1. Memecoins: The Heroes and Villains of 2024 🐸 

2024 was a memecoin rollercoaster. From $WIF hitting a $4B market cap in months to Pump.fun making $93M/month, this year was all about coins that don’t pretend to be serious.

AI Millionaires: Even AI bots got involved, like one chatbot-turned-memecoin creator who launched NFTs worth 32 ETH. Memecoins aren’t just funny they’re also lucrative.

Warning: For every success story, there were a dozen rug pulls. The lesson? Don’t invest in memes you don’t understand.

2. Bitcoin ETFs: The $38B Revolution

Bitcoin ETFs crushed expectations this year, pulling in $36.1B in net inflows, with Ethereum ETFs adding another $2.3B. Traditional finance thought these would barely scrape $10B looks like crypto’s full of surprises.

ETF adoption is fueling the market’s growth, pushing Bitcoin past $100K for the first time since 2021. The institutions are here, and they’re not messing around.

3. North Korea’s Crypto Heist

North Korean hackers stole $1.3B in crypto this year61% of all stolen funds globally. Their latest target? DeFi project Hyperliquid, which saw its token plunge 21% after security scares.

Why it matters: Cyber warfare is ramping up, with North Korea teaming up with Russia for even bolder attacks. Your favorite projects might be next.

4. Trump’s Crypto Agenda 🇺🇸 

Donald Trump made headlines by naming Bo Hines to lead the Presidential Crypto Council. This pro-crypto administration has the market buzzing, with Bitcoin briefly hitting $100K and altcoins following suit.

The Big Question: Will this usher in a golden era for crypto, or is it just hype?

5. Ethereum’s Glow-Up

This was a huge year for Ethereum:

• The Dencun Upgrade made transactions faster and cheaper.

• Ethena Stablecoin became the fastest-growing stablecoin of all time.

• Oh, and Vitalik finally got a girlfriend. Big year for everyone, really.

6. MicroStrategy Goes All In

While most companies hesitated, MicroStrategy doubled down, buying 5,000 more BTC this year. They’re betting big, and so far, it’s paying offthey’ve entered the Nasdaq 100 and are becoming a model for corporate Bitcoin strategy.

Takeaway: Michael Saylor is either a genius or just really stubborn. Time will tell.

WTF of the Day 🤯 

Today’s WTF: Someone minted an NFT of a tweet that says, “This is not financial advice”and it sold for 5 ETH($8,000+).

Crypto innovation or just good ol’ degen irony? Either way, we’re impressed.

Quick Bites 🍔

• Hackers stole $2.3B in crypto this year. Not great for vibes.

• Aptos Crash: Its CEO’s resignation caused a 30% token drop.

• DOGE Goes Pro: The meme coin now powers a U.S. government agency.

• Stripe’s Big Move: Acquired Bridge for $1.1B in the largest crypto acquisition ever.

That’s All, Folks
Crypto is chaos, and we’re here for it. Got a WTF moment or hot tip? Hit reply and shareit might make tomorrow’s newsletter.

Stay weird,
The Meta Wire Team

P.S. Forward this email to your crypto squad they’ll thank you for the alpha.