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This chapter explores the waning interest in memes and volatile tokens, as investors gravitate towards more stable revenue-generating options. It also covers notable blockchain advancements, including Gway's success and the Polygon Community Grants Program, while reminding listeners that the content is not financial advice.

In this episode, Boccaccio is joined by Kez and Tolks to discuss the current state of the market, focusing on the summer slump in meme coins and the broader implications for fundamentals. They analyze the controversy surrounding PumpFun and the concept of "extraction". The conversation then shifts to the rise of prediction markets like Polymarket and the growing popularity of Hyperliquid. Finally, they examine Ethereum's gas fee situation and whether if the rest of 2024 is optimistic. Thanks for tuning in!

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Polygon Labs is developing the next generation of open source zero-knowledge tech to aggregate crypto liquidity and user bases with the AggLayer. To support the aggregated future, the Polygon Community Grants Program was launched with 1 billion tokens — all for Polygon builders.

Season One of the community grants program is live now, and features 35 million in MATIC to support the next generation of Polygon projects!

Join the aggregated future today by applying at https://polygon.technology/grants

Timestamps:

(0:00) Introduction

(2:51) Was that the Top?

(9:13) Altcoin Market Opportunities

(16:39) Permissonless III Ad

(17:53) Polygon Ad

(18:45) Gwei Costs & ETH Sentiments

(25:19) Did PumpFun Ruin Memes?

(41:11) Generational Top of Polymarket

(47:51) Rise of Hyperliquid & dYdX Fumble

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.