Commemorating the absurdity and brilliance of this year.
Author: Ryan S. Gladwin
Translation: Deep Tide TechFlow
The cryptocurrency industry in 2024 has reached new heights of absurdity. This year's Meme supercycle has spawned many bizarre characters, resetting the industry's "lower limits." Meanwhile, various crypto conferences have left attendees cringing every week, while politicians have been groveling to the crypto community—whether for votes or funding.
This year, we witnessed many "foolish acts" etched onto the immutable "life blockchain." From Meme developers self-immolating to promote their projects (see item 6 below), to "FARTCOIN" surpassing a $1 billion market cap (though not listed, Stephen Colbert has mentioned it), these absurd moments are enough for us to "proudly" recount to future generations—after all, they may enjoy the generational wealth we create in 2024 and beyond.
To commemorate the absurdity and brilliance of this year, we have compiled a list of 69 unranked dumbest moments of the year.
1. Meme Livestream: "Milk" This Absurd
LIVEMOM may be the pinnacle of the crypto community's decline. Image source: Kick Livestream
A woman claiming to be a mother participated in a livestream with her "son," shaking her breasts to solicit viewers to invest in her son's Meme.
"Want to see him pour milk on these 36DDs?" she asked, adding—if that wasn't absurd enough—that her son "used to suck on them, and now he's going to pour milk on them."
2. Becoming More Brazen
The popularity of LIVEMOM sparked a wave of livestreams, with Meme developers engaging in various absurd performances to pump their Tokens—some even referred to it as "performance art."
For instance, some tied their hands to show they wouldn't sell their Tokens; others claimed they had no hands, only to suddenly reveal their hands and sell out their Tokens; even more absurdly, some claimed to have kidnapped someone.
One developer created a Token called $Hands and held up a sign during a livestream that read, "I have no hands, so I can't run away." However, when the Token price peaked, he suddenly revealed his hands and sold all his Tokens, like a magician performing a trick. — @Hirizzy, May 6, 2024.
3. The Self-Proclaimed Satoshi Nakamoto: Stephen Mollah
Since the release of the Bitcoin white paper in 2008, the true identity of Satoshi Nakamoto has remained a mystery. In October this year, a man named Stephen Mollah stepped forward, claiming to be the mysterious figure.
Stephen Mollah is a British-Asian macroeconomist who stated he had long wanted to reveal his true identity but was always prevented. At an event with tickets priced at £500, he not only claimed to be the creator of Bitcoin but also asserted that he designed the Twitter logo, developed ChatGPT, and invented a debt instrument called Eurobond.
During the event, Mollah spoke for over an hour, ultimately stating that he would "soon" transfer Bitcoin from the Genesis block but needed time to prepare. (As of now, this has yet to happen.) While browsing his Twitter account, we found that he had posted a series of tweets as early as 2018, accusing those Faketoshis (impostors claiming to be Satoshi) and included some bizarre images.
4. Saw a Cat? Pet It. Oh, Not That Cat…
The Solana Meme coin platform Pump.fun has been known for its absurd crypto events. One of them was when speculators began trading a token called "Invisible Cat" Kieth, which was actually just a photo of an empty room. Moreover, the name was indeed intentionally spelled as "Kieth."
5. The Unexpected Rise of Slerf
Image source: Slerfsol on Twitter
A developer accidentally burned $10 million worth of tokens while distributing presale tokens, which were originally intended to raise funds for the upcoming Meme coin Slerf. However, the incident propelled Slerf's market cap to soar to $700 million.
"Solana Meme coin Slerf saw trading volume surge to $2 billion after the developer burned the presale funds." — NewsCoins, by Reza Jafery, March 19, 2024
6. The Florida Developer's Crazy Act: Self-Immolation to Boost Token Price
A Meme coin developer from Florida set himself on fire to boost the value of his token. This insane act worked, as the token price skyrocketed by 2000% within hours, reaching a market cap of $2 million. However, he was hospitalized for third-degree burns and was unable to sell the tokens. After recovering, he found he could not use his hands normally, and even facial recognition on his phone could not recognize him.
Months later, he announced his exit from the project, claiming he had been used. His biggest regret? Not selling the tokens in time.
“Solana developer hospitalized for third-degree burns while trying to pump Meme coin value.” — NewsCoins, by Ryan S. Gladwin, May 23, 2024
7. Does this tattoo make me look fat?
Image source: Twitter @Hop_Duneski
A Gigachad investor expressed his love for the Solana Meme coin by tattooing the token's contract address on his chest… but he misspelled the address.
“A man got a Meme coin address tattooed on himself—but he misspelled the address.” — NewsCoins, by Ryan S. Gladwin, July 21, 2024
8. Does this hairstyle make my head look big?
A cryptocurrency speculator began collecting a strand of his girlfriend's hair every day and placed them on a foam mannequin head. The next day, the budget airline Ryanair retweeted his post, joking that he should fly to Turkey, known for hair transplants, for surgery. As a result, the token attracted more mainstream attention, and its price soared by 470%.
9. The awkwardness of crypto reality shows
A cryptocurrency reality show video showcasing a "Solana villa" went viral this year, but for its extravagance and awkwardness.
“Look at this helicopter pad. If you don't have this, you're poor. Haha, quick flash tour!” said the influencer in the video, flaunting an Airbnb property.
10. Remilia King
Remember Joe Exotic from "Tiger King"? He suddenly joined an NFT community called "Retardio" and unexpectedly acquired a DeGod NFT. Although there was no follow-up, it was quite amusing.
11. The Waterloo of Celebrity Memes
Caitlyn Jenner launched a Meme coin based on Olympic medals, sparking a trend of celebrity Meme coins. However, in the same week she launched the Solana token, she also released a new token on Ethereum, claiming to support Donald Trump's presidential campaign. Months later, both tokens' market caps fell below $1 million.
12. The exploited celebrity token
Caitlyn Jenner claimed that her JENNER project was exploited by developer Sahil Arora, who is known for orchestrating short-lived celebrity projects and scams. This year, he scammed $380,000 through a Iggy Azalea token presale, while Iggy herself had already denied any association with the project.
13. The farce of Andrew Tate's "world tour"
Remember Andrew Tate's "heartwarming story"? In July this year, he was allowed to leave Romania while awaiting trial, despite facing charges including human trafficking, rape, and forming a criminal gang for the sexual exploitation of women. (Of course, he denies all charges.)
As soon as the news broke, Tate boldly announced a "world tour" for the Solana token DADDY, aiming to defeat the MOTHER token launched by Iggy Azalea. However, while he claimed the tour would go to "Tokyo, Dubai, and Miami," the reality was that he was not allowed to leave the EU.
Currently, Tate is still awaiting trial and continues to deny all charges. This so-called "world tour" ultimately became a joke.
14. Iggy's misunderstanding of fees
We love Iggy Azalea; she was named our "SCENE Person of the Year" because she not only launched her own token MOTHER but may also be the only celebrity still fully supporting the project months after its release. However, her crypto journey has not been smooth.
The issue arose from criticism by Ethereum co-founder Vitalik Buterin, to which Azalea responded, “What have you done about ETH's gas fees?” This statement caused a stir on crypto Twitter, with users mocking her because those fees do not go into Buterin's personal wallet but are used to support the Ethereum ecosystem. Of course, at that time, Azalea may not have fully understood the crypto mechanisms. We believe she has become more experienced and knowledgeable now!
15. The "Night of Revelry" in the crypto circle
At a party in Singapore, Iggy Azalea stirred up controversy again, as the event filled with strippers became one of the year's most "debauched" scenes. Here are some jaw-dropping moments:
Su Zhu, founder of the bankrupt hedge fund Three Arrows Capital, showering money on dancing girls while enjoying the lavish atmosphere.
Sunny, head of the DeGods community, accidentally dropping a girl he was holding in the air while dancing.
A man showering cash on a stripper, interacting too intimately with her, while his friends cheered him on from the sidelines.
16. Ethereum's "musical prodigy"
Typically, cryptocurrency conferences are serious venues for technical discussions, but at this year's Token 2049 conference in Singapore, Ethereum co-founder Vitalik Buterin ignited the crowd with a live performance.
He sang, “This is math, no more double spending, this is crypto. A new form of wealth has begun.”
“Today, the TOKEN2049 conference opens in Singapore! Vitalik Buterin sang on stage, check out the video!” — kukat ⭐️ (@kukat23) September 18, 2024
17. The "Crazy" Token Scam
Insane Labz, a supplement company based in Arkansas, is somewhat known in the MMA and Barstool Sports circles. However, it recently became the center of attention due to an absurd farce. The company allegedly hired a group of online trolls to impersonate celebrities to deceive investors and pump the value of its token LABZ.
These trolls impersonated UFC president Dana White, MMA legend Nate Diaz, and social media influencer Hasbulla in the company's Telegram group to create a frenzy around the LABZ token. Initially, the plan seemed to work, attracting considerable attention—but ultimately it ended in disaster.
“We just wanted to pull a prank, but it got a bit out of hand,” one impersonator explained to Decrypt.
This farce not only elicited laughter and tears but also served as a warning to LABZ token investors.
18. Temptation and Scams
This year, a new scheme emerged in the crypto world: by attracting "nerdy" investors, some women used live streaming and sexy images to pump token prices, then quickly sold off for profit.
19. Drug Use and Crypto Scams
For those addicts combining blockchain with drug use, this year has certainly been a "highlight." First up was Meth’d Up Dev, who smoked meth during a live stream to promote his token. Next was Crack Head Dev, whose story was even more bizarre—this developer overdosed on fentanyl during a live stream, then pretended to be dead, ultimately transforming into a far-right racist influencer on Twitter. It seems someone proved that life can indeed have a "second act."
Finally, we welcomed the appearance of Meth Girl. Despite her efforts to attract attention, she struggled to gain traction due to her Twitter account being frequently banned.
20. The Curry Token Farce
An entrepreneur launched the CURRY token to support a curry stall in Lahore, Pakistan. However, Decrypt's investigation found that the stall owner had not received any profits. Ultimately, the live stream was shut down, and the CURRY token's price plummeted by 92% within hours.
21. The "Frog Coin" Mix-Up
One of the most anticipated Meme coins this year, Flog the Frog (FLOG), attracted significant attention with its beautiful art design and influencer support. However, an internal communication error led to a "Waterloo" for investors.
As one of the most talked-about Meme tokens this year, Flog the Frog (FLOG) generated immense interest upon its launch due to its stunning art and influencer backing. However, the project nearly collapsed due to an embarrassing internal communication blunder.
The incident began with a leaked team chat. Project manager Breezy typed “dump it” in the group, intending to suggest that the team sell only a small portion of the tokens. However, when he saw the token price plummet by 91% in a minute, he immediately asked, “Bro, did you sell everything?” Pyro, who managed the team's funds, replied, “Yes, you said dump, my brother.”
“You're such an idiot,” Breezy responded helplessly.
Although this mistake caused significant losses for investors, fortunately, the project did not fail completely. The team quickly adjusted their strategy, rebranding Flog as Fwog, and successfully regained market favor, ultimately becoming one of the year's most successful Meme tokens.
This incident not only showcased the absurdity within crypto projects but also demonstrated the potential for a comeback in times of crisis.
22. The Tragic Story of Squirrel Coin
PNUT is a Meme coin based on the social media influencer Peanut the Squirrel.
In November of this year, the token's daily trading volume reached $150 million, making it one of the highest market cap Meme coins. However, it was later revealed that this little squirrel did not have rabies but was innocently killed. Hopefully, its token can continue its legacy, and the memory of it becomes a blessing.
23. The "Justice" Farce of Squirrel Coin
Less than a month after the story of the "dead but not rabid" squirrel Peanut garnered global attention, the rodent's owner joined the cryptocurrency frenzy. Clearly angered by the "speculators" profiting from his personal tragedy, he decided to launch his own token. However, this all happened after the "PNUT community" reportedly donated $50,000 to him.
“People want to make money off this, it's disgusting!” the grieving owner angrily stated in a Twitter video. However, before he could finish, he launched a token called JUSTICE. Unfortunately, the fate of the JUSTICE token did not live up to its name; its outcome was even worse than that of the deceased squirrel.
This incident not only highlighted the absurdity of the cryptocurrency world but also reminded us that perhaps "justice" is not so easily achieved.
24. The Absurd Baptism of the "Church of the Holy Chicken"
This year, a brand new religion emerged, with its followers worshipping a live chicken with a fish head and a cigarette in its mouth, calling it "Lord Fishnu." However, this is far from the most ridiculous aspect of this religion.
The religion, named the "Church of the Smoking Chicken Fish," is based on a Meme token, and the followers' "baptism ceremony" is called "brothism." Typically, this ceremony only requires reading the so-called "10 chickemandments" on Twitter Spaces. However, one follower decided to take a different approach: he dressed up, sat in a bathtub, placed a live chicken on his head, and read these "doctrines."
But the absurdity of the story didn't end there—the church even planned to open a physical location in Marfa, Texas.
This event not only showcased human creativity and absurdity but also demonstrated how Meme culture can break the dimensional wall and enter the real world.
25. The "Betrayal" of the Church Leader
Months later, church leader Pastor Kelby began using his religious influence to promote low-market-cap Meme coins, even accepting payments. Ultimately, he was expelled from the church, and the church's plans fell into chaos.
26. The Pastor's "Divine Token" Scam
A pastor from Colorado has recently been charged with fraud. According to local law enforcement, he and his wife created a "liquidity-poor and nearly worthless" cryptocurrency token and sold it to investors to fund their lavish lifestyle. In response to the charges, the pastor admitted to making $1.3 million through token trading but insisted that it was all "God's will."
"God is not done with this project; God is not done with the INDX token," he stated emphatically in a declaration.
27. Scams in the Name of Faith
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the former pastor, accusing him of illegally obtaining over $5.9 million in cash and digital assets through a fraudulent multi-level marketing scheme called the "Solanofi platform." The complaint states that the former pastor attracted investors with a so-called "leveraged staking platform," claiming they could earn up to 34.9% monthly returns, targeting those "lacking investment experience."
This incident not only reveals the absurdity of the intersection of religion and cryptocurrency but also highlights how some unscrupulous individuals exploit the dual trust of faith and investment for personal gain.
28. "Social Experiment" Turns into "Market Crash Experiment"
In August of this year, the developers of the Meme coin CABAL claimed they were conducting the "largest social experiment in history" on Solana, airdropping $10,000 worth of tokens to 10 crypto Twitter influencers in hopes of sparking market excitement. However, within just a few days, most of the influencers sold off their tokens, causing the price to plummet, and the market cap now stands at less than $15,000.
"I don't understand why they thought giving someone $10,000 wouldn't lead to them selling," one influencer admitted. Notably, one of these influencers was Beaver, who previously paid Crack Head Dev to pretend to be dead.
29. WIF's "Advertising Dream"
Dogwifhat (WIF) is regarded as a representative of "blue-chip Meme" coins. A group of investors, including a CABAL influencer named Ansem, raised $700,000 to plan an advertisement on the giant screen at the Sphere in Las Vegas. However, eight months later, this plan has yet to materialize, with Bitcoin even making it to the Sphere first. As time passed, investor skepticism towards the fund managers grew.
30. Everything Can Wear a "Pink Hat"
The popularity of Dogwifhat has sparked a "pink hat craze" among Meme coin enthusiasts. Pets, celebrities, Meme coins, and even cars have been adorned with symbolic pink hats.
31. The Fired Intern is Back!
As one of the most successful crypto projects this year, Polymarket gained fame as a "source of truth" during the U.S. elections. However, it sparked controversy when an intern promoted an NFT project called "Retardio" on the official Twitter account, leading to the intern's dismissal.
As public backlash gradually shifted towards Polymarket, the intern was eventually rehired.
Interestingly, the UK's Financial Conduct Authority subsequently issued a fraud warning regarding the token, raising questions about why only this particular one was targeted.
32. The Hype Around Rumors
When Trump claimed during a debate with Kamala Harris that Haitian immigrants would eat pets, speculators (degens) in the cryptocurrency circle were already rubbing their hands together, eager to make a profit. After all, Memes surrounding this absurd rumor had already emerged in the market.
However, their excitement did not last long. When the ABC debate moderator debunked this baseless claim in real-time, the prices of these junk coins plummeted, leaving chaos in their wake.
33. News Breaks, Coin Prices Crash
When rumors surfaced that Kamala Harris would choose Tim Walz as her running mate, cryptocurrency speculators could not sit still. The Meme token communities built around other potential vice presidential candidates collapsed, resulting in a dismal scene.
Take SHAPERO, for example, a Meme token that intentionally misspelled Josh Shapiro's name. When news of Walz began circulating on social media, the token's price plummeted by 94%. Nevertheless, the project's anonymous leader continued to urge supporters in the Telegram group to remain confident, claiming that someone was spreading FUD (referring to "fear, uncertainty, and doubt," not the similarly named token) to deliberately lower the price.
However, just four minutes later, CNN officially confirmed that Walz was Harris's vice presidential running mate.
"Oh my God, who is crashing the price?" a SHAPERO investor lamented in the group.
34. The President Didn't Die, He Just Fell Asleep
Source: Shutterstock
Before Joe Biden dropped out of the presidential race, rumors circulated in the cryptocurrency circle that he had died, which quickly sparked a wave of Meme coin hype. A token named Biden Dead (BIDEAD) even predicted Biden's "date of death," with its market cap soaring to $660,000 at one point. Another token called Biden Done (BIDONE) featured a cartoon image of the president's skull and reached a market cap of $567,000.
However, when the rumors of Biden's "death" were debunked, the prices of these tokens crashed across the board. As of the writing of this article, Biden is still "reportedly alive."
35. Who "Assassinated" Trump?
Remember the incident when Trump was almost assassinated? No, not the second time, but the first. At that time, users of the crypto trading platform Pump.fun accurately deduced the suspect's identity before the FBI announced it. This feat was astonishing, but many Meme coins got it wrong, such as a token claiming the assassin was an Italian journalist, who was actually at home sleeping at the time.
Even more absurdly, a popular Telegram game called Hamster Kombat created a strange tribute animation of Trump throwing punches, becoming yet another "mysterious operation" in the crypto world.
36. The "Crypto Blank" in the UK Elections
In the U.S. presidential election, cryptocurrency was not only a hot topic but also an important source of funding. Trump proposed a series of pro-crypto policies, attracting significant support from the crypto community. However, in the UK elections, no major party mentioned cryptocurrency or blockchain technology in their manifestos.
A UK lobbying firm criticized this as a "missed opportunity," noting that 10% of adults in the UK own cryptocurrency. Even more regrettably, Conservative Party leader Rishi Sunak had publicly supported cryptocurrency but failed to prioritize it as a policy focus in the election, ultimately leading to a crushing defeat.
37. "Grandma's Inheritance, I'm Helping Her Invest"
The volatility of Meme coins kept investors glued to their screens, with one trader even monitoring real-time data on DEX Screener while sitting by his dying grandmother's hospital bed.
"Rest in peace, Grandma," he wrote on Twitter, "but I'm taking over her inheritance investment, which is what she would have wanted me to do."
38. Dr. Disrespect's "Fishing Operation"
Famous streamer Dr. Disrespect, who is also a co-founder of the crypto shooting game Deadrop, admitted on Twitter to having inappropriate chats with minors but later claimed it was all fake.
He explained that he intentionally posted the tweet to "fish" for journalists. Well, Doc, we did bite. If you want to attract attention this way, go ahead.
39. Degens' Revenge on the Rug-Pulling Teen
A teenage developer chose to rug-pull after his Solana Meme coin's market cap surpassed $1 million. He made $30,000 from this operation and excitedly recorded a video where he flipped off investors while shouting, "Thanks for your 20 big bills!" and danced around in his room.
However, the humiliated investors (commonly referred to as degens, meaning crypto players who are keen on high-risk investments) did not let it go. They pushed the token's market cap to a peak of $85 million through massive trading. If the teen had not rug-pulled and had respected these investors, his small coin could have been worth over $4 million. See, that's the price of disrespecting your elders!
40. A New Chapter for DOGE
In May of this year, Doge, the mascot of Dogecoin, sadly passed away. To commemorate it, its owner adopted a new Shiba Inu rescue dog named Neiro. Soon, tokens related to Neiro began to emerge like mushrooms after rain, but they were accompanied by fierce infighting, scam allegations, and various conspiracy theories. Despite Doge's owner clearly stating that he does not support any tokens related to Neiro, the chaos continued. Is nothing sacred anymore?
Months later, in December, Own the Doge DAO announced it would vote on which Meme coin would receive the intellectual property (IP) rights to Neiro. In response, a tweet commented, "This is not heartwarming at all."
"I see many tokens related to Kabosu and Neiro. To clarify, I do not support any crypto projects except for @ownthedoge's $dog, as they own the original Doge photos and IP (which I have granted to them) and are committed to promoting charity and Doge culture." — @kabosumama, July 28, 2024.
41. The Fun of Bitcoin ETFs
In an AI-generated image, a figure resembling SEC Chairman Gary Gensler rides the Wall Street bull, announcing the arrival of a new era for cryptocurrency.
In January of this year, the SEC's official Twitter account tweeted that all 13 spot Bitcoin ETFs had been approved. However, the truth was that the SEC's account had been hacked, and these ETFs had not actually been approved.
SEC Chairman Gary Gensler later clarified that the tweet was false, causing Bitcoin's price to plummet from $47,680 to just above $45,500. This presented a "buy the dip" opportunity for some investors, such as MicroStrategy's Michael Saylor. (It's worth mentioning that the actual ETF approval was announced the following day.)
42. A Dream About Satoshi Nakamoto
"Last night, Satoshi Nakamoto gave me Santa Claus's list in a dream. I saw Bitcoin alongside Gates and Bezos… History is being written." — Scottie Pippen, December 9, 2024.
NBA legend Scottie Pippen claimed this year that he has seen Bitcoin creator Satoshi Nakamoto multiple times in his dreams.
In his first dream of the year, he stated that Satoshi was "proud" of his work to tokenize the basketball used in the Chicago Bulls' fifth game against the Los Angeles Lakers in the 1991 Finals. In another dream in September, Satoshi appeared again, telling him that Bitcoin would be priced at $84,650 on November 5 — but the actual price was about $14,000 off.
Pippen also mentioned that Satoshi showed him many images in his dream and kept mocking Bitcoin's price. He noted that Bitcoin, Bill Gates, and Jeff Bezos were all on Santa Claus's list — but did not specify whether it was the "good kids" list or the "bad kids" list.
43. Booing Bitcoin
At the graduation ceremony of Ohio State University (OSU), a speech mentioning Bitcoin was met with boos from the audience. This indicates that while Bitcoin has become a brand, it is seen as an annoying or even potentially fraudulent brand by this group of listeners. — Andrew M. Bailey (@resistancemoney), May 6, 2024.
Who would have thought that someone would suddenly gain insight into the sanctity of alternative assets after taking hallucinogens (like ayahuasca) and give a speech promoting Bitcoin at Ohio State University's graduation ceremony? Speaker Chris Pan was booed by the audience for mentioning cryptocurrency, but he persisted in sharing his truth.
He mentioned in his Instagram story: "I didn't go to give a speech; I went to share the truth so we can stop funding wars and stop the bloodshed." Additionally, he performed a live rendition of a parody of "What’s Up?" by 4 Non Blondes, which was quite comedic.
44. Malaysia "Crushes" Bitcoin Miners
Malaysian authorities destroyed 985 Bitcoin mining machines in a nationwide crackdown on electricity theft. While cryptocurrency mining is often criticized for being a major power consumer, if they had chosen to invest in Bitcoin instead of destroying these machines, Malaysia's GDP ranking might be higher. Currently, it ranks 37th out of 195 countries globally, which is already a decent achievement.
"The Perak Tengah police headquarters destroyed 985 devices used for Bitcoin mining, with a total value of approximately 1.98 million Malaysian Ringgit." — @MalaysiaGazette, August 19, 2024.
45. A $650,000 Mistaken Payment That Can't Be Claimed
This sounds like a bizarre story: centralized exchange Crypto.com mistakenly refunded a woman $6.8 million when the actual amount should have been only $65! The woman and her partner squandered $4.42 million of it, including purchasing four properties in Australia. However, she was ultimately arrested while preparing to fly to Malaysia and was sentenced to 209 days in prison, along with returning all illicit gains.
46. A Note Saying "BUY BITCOIN" Sold for 10 Times the Price of Bitcoin Itself
In 2017, 22-year-old Cato Institute intern Christian Langalis wrote "Buy Bitcoin" on a yellow notepad and appeared in a live broadcast of Janet Yellen during a hearing of the House Financial Services Committee.
This "accident" caused Bitcoin's price to rise by 3.7%, making Langalis a hero in the Bitcoin community. In April of this year, he auctioned off this "15 minutes of fame" for $1.019 million. He said, "Finally, I can liberate this number from my sock drawer and return it to the Bitcoin community."
47. Betting on Bryan's Health Data
If you want to find evidence of the decline of human civilization, just look at biohacker Bryan Johnson's health experiments. This millionaire has taken health management to the extreme in pursuit of immortality.
In December of this year, users on Polymarket even began betting on whether he could maintain an erection for over two hours during sleep. Johnson explained that this is an important health indicator representing sexual health, cardiovascular health, and mental health. It seems modern people can't even relax while sleeping.
48. The "Coin Toss" Betting Game
During the market downturn in June, crypto players on Polymarket were so bored that they started betting on the outcome of coin flips. All you had to do was connect your wallet to a website called Degen Coin Flips, and what happened next was anyone's guess.
49. The New Craze of Hamster Racing
In August, crypto players clearly lost interest in coin flipping and became enamored with a new pastime: betting on live hamsters racing in small plastic cars. This was the second consecutive year of trying such a concept, but adding racing elements made it evidently more entertaining.
50. The "Disaster Scene" of Meme Launch Episode 1
The decentralized exchange Raydium on Solana recently attempted to launch a Meme coin through a new token issuance platform, but the results were counterproductive. Due to technical issues, two identical tokens were accidentally generated, one of which plummeted by 92% within just 10 minutes. The token's market cap quickly dropped from an initial $7 million to $488,000. A user asked on Discord, "Is this a rug pull?"
51. Stupid Token Issuance Yearbook, Episode 2 (Infinite Series)
Imagine a Meme coin that hasn't even had the chance to skyrocket before it fizzles out. This was the fate of a token "promoted" by Brazilian soccer star Neymar Jr., Pink Floyd bassist Roger Waters, and several other high-profile accounts (including a luxury brand CEO).
Despite these celebrities' tweets reaching over 3 million people, the token's market cap only reached $19,000. Even more embarrassing, it had only 24 holders and a liquidity of just $4. You may have guessed it, these celebrities were actually not involved with the token; their X (Twitter) accounts had been hacked.
52. Binance's "Racism" Controversy
Binance, the world's largest cryptocurrency exchange, posted a Meme image on X (formerly Twitter) in June that was deemed to have racist implications, sparking widespread controversy. In response, Binance blamed an intern on its social media team, stating that they "lacked the necessary cultural background" to recognize the racist connotations of the image.
Binance explained in a statement: "When this intern saw the Meme in the community, they did not understand its true meaning and posted it directly on X. This was our mistake, and we will ensure to address this issue." To that end, Binance stated that their solution was to hire a new intern to avoid similar problems in the future.
53. Kraken Hacker's "Low-Level Trick"
In June of this year, a "genius" attempted to gain account access by tricking a customer service representative at Kraken (a well-known cryptocurrency exchange). Even more laughable, this "genius" wore a cheap Halloween rubber mask to disguise themselves.
"Our customer service staff thought: this is just ridiculous. This person is actually wearing a rubber mask," said Nick Percoco, Kraken's Chief Security Officer, in an interview with Decrypt.
54. TrumpCoin's "Rug-Pull" and Roller Coaster Market
The Solana-based Meme coin TrumpCoin claimed to be associated with former U.S. President Trump, although this has never been verified. However, after a "rug-pull" operation, the token's value plummeted by 92%.
After the largest whale dumped 2 billion tokens in one go, cashing out $2 million, the token's market cap rapidly fell from $55 million to $3 million. However, after Trump won the election, the token's price soared to an all-time high, only to quickly fall back again.
55. "Sweetheart Awakening": The Collapse of HAWK Token
Haliey Welch, also known as Hawk Tuah Girl, launched a cryptocurrency token called HAWK. The market cap of this token skyrocketed to $490 million in a very short time, leaving everyone astonished. However, the good times didn't last long, as the token's value subsequently plummeted by over 93%, with approximately $3 million in funds being siphoned off by unidentified individuals.
In response, Haliey's team vehemently denied any involvement in the so-called rug pull, stating, "Haliey's team did not sell any tokens at all."
After the token's collapse, Welch attempted to address investors' concerns through Spaces (Twitter's live audio chat). However, when faced with pointed questions, she chose to "strategically retreat," leaving only a message: "I'm going to sleep now." She then exited the chat and seemingly disappeared from Crypto Twitter.
Until December 20, this "Sleeping Beauty" finally ended her 372-hour "slumber," announcing that she was working with a law firm that had previously sued the HAWK token creators to seek a resolution for the incident.
56. Alternative Uses for Hamster Massagers
Who would have thought that personal massagers, originally considered sex toys, could have other uses? Russian players have apparently found the answer!
According to online retailer Wildberries, sales of percussion massagers surged by 179% in June. This spike is believed to be related to the popular game Hamster Kombat on Telegram. It is said that players discovered that these rapidly vibrating devices could achieve faster screen-clicking speeds than humans, allowing them to earn more coins in the game. However, considering the game's disappointing airdrop rewards are merely "dust," we can't help but wonder if these players can recoup the cost of purchasing the vibrating devices.
57. Too Big to Fail, Now Returning as a Crypto Company
It's back! Once a symbol of the internet bubble of the late 90s, Enron, the energy giant that went bankrupt due to a financial fraud scandal, announced its return via X (formerly Twitter) in early December, claiming it would use decentralized technology to "solve the global energy crisis." It remains unclear whether this is a pure prank, a serious comeback attempt, or a farce that will ultimately become a joke. Regardless, the company claims that "permissionless innovation" will be the core concept of its comeback.
(Note: The author uses the phrase "too big to fail" to mock Enron's former glory and its downfall. Now it attempts to return to the market as a "crypto company," which seems both absurd and raises doubts about whether it can actually succeed, or if this is just a joke.
In other words, this phrase suggests that a company once notorious for fraud is now trying to turn things around using blockchain technology, which is simply a huge joke.)
58. Justin Sun's "Banana Show"
Art can sometimes be hard to understand, but stupidity is easy to comprehend. At a Sotheby's auction, a banana taped to the wall sold for $6.2 million, and the buyer was none other than cryptocurrency figure Justin Sun. Even more surprisingly, he later ate the banana.
As a charitable gesture, Sun announced he would buy 100,000 bananas from the original vendor and distribute them for free worldwide. However, this plan was quickly dismissed, as the vendor stated it was nearly impossible to make a profit, and logistics would be challenging.
59. Razzlekhan's Prison "Music Career"
Notorious hacker Heather "Razzlekhan" Morgan composed a rap song dedicated to her husband while in prison. The song was completed during her solitary confinement and ends on a positive note: "Keep praying for what the future will bring, Inshallah."
60. Congressman’s Dogecoin Investment
A Meme coin featuring a dog wearing a ski mask saw its price soar this month, all because U.S. Congressman Mike Collins admitted to purchasing $30,000 worth of the token.
He stated: "I like these coins, so I bought them." He also criticized the bias against the crypto industry in Washington and Wall Street, believing that the industry deserves more respect.
61. "Don't Worry"
Remilia Corporation raised $20 million through the presale of the CULT Meme coin, but there was no activity for the next six months. Anyone trying to express concern would be flooded with comments from CULT community members saying "Don't worry," while these members also spread false news that "the token issuance has been canceled."
Some community members told Decrypt that they found the external concerns "laughable." However, the token eventually launched officially in December.
62. "Saving Democracy" with a Game
The popular battle royale game "Off the Grid" released a "Saving Democracy" content pack, which included character skins for Trump and Harris. These skins not only featured real voice lines but also included classic actions from the political figures, such as building walls or throwing Molotov cocktails.
63. "Rug-Pull" Simulation Game
If you want to experience the thrill of a "rug-pull" but are too scared to actually do it, then the game Rug.fun is your best choice! This game is based on Coinbase's Layer-2 network Base, where players can bet on 10 tokens, 8 of which will ultimately be "rug-pulled."
64. Earning Money by Petting Cats
Tapos is a "tickle-to-earn" game based on the Aptos network, where players earn HEART tokens by scratching cats on the screen. This game helped the Aptos network record over 200 million transactions in just two days. Although the game claimed its total transaction volume had surpassed 500 million in August, no further data has been updated since.
65. X Empire Players Complain to Elon Musk in Vain
Despite having an "X" in its name, the game X Empire has nothing to do with the social platform X—though it was previously called Musk Empire. Got it? In October of this year, a "click-to-earn" game called X Empire announced its airdrop distribution list on Telegram, which led some ineligible players to complain to Elon Musk on Twitter.
"This is clearly a scam using your name," one player tweeted, "X Empire, Elon Musk, Musk Empire. Go investigate the X Empire team; they are total frauds."
But Elon Musk, the owner of X and the master of the internet, clearly ignored these complaints. A reminder for everyone: don't go to Musk with complaints about "X-rated movies" or anything related to "X chromosomes"; he is not responsible for those. At least not for now.
66. Franklin's "See You in Five Minutes"
"9:45 AM. See you in five minutes!" — @Franklin, May 16, 2024.
This summer, a SocialFi game called Fantasy Top became a sensation. The game encourages social media influencers to earn rewards by attracting interactions on Twitter. A player named Franklin tweeted every five minutes to maximize his score. His deadpan humor and persistence were truly admirable.
Those familiar with the NFT bull market may remember Franklin. He became famous for sharing his "epic fail" experiences, such as losing $150,000 in a "prank" NFT auction, which he called "the biggest mistake of the century."
67. Kamala Harris's "Disappearance"
There was a time when Kamala Harris seemed to show interest in cryptocurrency, even possibly reconsidering the Biden administration's unwise policies on crypto. There were rumors that she might speak at Blockworks' annual conference Permissionless and even had a chance to win the presidential election.
However, none of this happened.
68. Trump's Love for Cryptocurrency
In contrast, presidential candidate Trump has shown great interest in cryptocurrency. In July, he delivered a lengthy speech at a major Bitcoin conference in Nashville, although the speech showcased his ignorance about cryptocurrency. But that didn't stop him from continuing to engage with the crypto community.
In an interview with Rug Radio, Trump promoted his latest project "World Liberty Financial," which appears to be an attempt at a stablecoin. This approach aligns well with the spirit of cryptocurrency!
69. Litecoin's "Meme Coin Transformation"
Litecoin has been trying to position itself as a legitimate decentralized digital currency for years, but recently its Twitter intern decided to take the project down the Meme coin route.
Litecoin's official Twitter account posted: "Given the current market conditions, I now consider myself a Meme coin." The account then began posting a plethora of quirky content, including creating a stick figure mascot named Lester. Surprisingly, this series of quirky antics led to a 79% increase in Litecoin's price. What a silly yet lovable industry!
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