The Weekly Meme Digest

Crypto Snapshots, Delivered Weekly
August 31, 2024

Welcome, meme-lovers and crypto-crazies! Forget the usual snooze-fests—this week, we’re serving up the hottest, most hilarious news that’ll have you snickering at your screen.

Think the SEC’s nitpicking NFTs is a dry topic? Think again! This edition of the Weekly Meme Digest is packed with laugh-out-loud moments, from Trump’s NFT collection that might just win the award for “Most Pixelated Comb-Over” to the sci-fi level cringe of Kamala Harris’s McDonald’s claims getting fact-checked by Snopes and the Golden Arches. 🍔🕵️‍♂️

But hold on tight, because we’re not done! Imagine AI agents using tokens in ways that would make even the most seasoned sci-fi fan’s head spin. Are we hurtling towards a robot-run dystopia? 💥🤖 And if you think you’ve seen it all, wait until you hear about the crypto scammer who got a $15K face-lift in a desperate attempt to dodge the law. 🎭💰

You’ve heard the rumors, seen the tweets, now it’s time to dive into the crypto-verse and get a taste of the juiciest, spiciest, and meme-worthiest stories this week.

Ready for the juiciest and most irreverent takes on this week’s crypto chaos? Dive into Crypto High Five, where we break down the biggest stories in the quirkiest ways. Trust us, you don’t want to miss it! 🎉👾

Catch all the fun and flair in this week’s edition—your ultimate guide to the weird, wild, and wonderfully wacky world of crypto. 🚀✨

#5 Trump’s $2M NFT Launch: America First Collection Brings Humor and Spectacle to Digital Trading Cards

Trump’s $2M NFT Launch: America First Collection Brings Humor and Spectacle to Digital Trading Cards

Gairika Mitra

Take a deep breath and hang on, folks! Former President Donald Trump has once again entered the digital fray—this time with a new series of digital trading cards! 🤔

He took to his social media platform “Truth Social” with great fanfare and revealed TRUMP DIGITAL TRADING CARDS, Series 4: The America First Collection consists of 47,000 tokens, each priced at $99. Wait, wait, there’s more – within hours of the launch, the collection had raked in over $2 million, leaving critics and supporters alike wondering whether they were witnessing the birth of a new digital empire or just the latest chapter in Trump’s reality-show-like saga. 😁

Facilitated by Trump Media & Technology Group (TMTG), the collection offers a visual feast of Trump in various themed settings—imagine the former president crossing the Delaware, standing at the foot of Mount Rushmore, or perhaps, arm-wrestling an eagle.😆 The cards are a curious blend of history, patriotism, and, of course, a healthy dose of self-aggrandizement. 🇺🇲

His move left the internet abuzz too with analysts TylerD (@Tyler_Did_It) pointing out that despite the splashy launch, Trump has only sold 4.7% of the total possible supply of 360,000 NFTs. “There has been no secondary action as cards aren’t tradeable until Jan 31, 2025,” TylerD noted, hinting that the real action might be yet to come—or not.🤪

What about others you think? Well, we got you covered! Other crypto enthusiasts took to social media to express their scepticism and amusement. John Savage (@johnsavage_eth) cheekily asked on X, “Are people really buying these? Or are we just buying into the meme?” This left his comment section filling up with a mix of bewilderment and laughter, with one user joking, “Next up: Trump-themed Monopoly—because why just play the game when you can own it?”🤣

Hang on, there is more! The humor doesn’t stop there. People speculated on what owning 47 tokens—and earning a dinner with Trump—might actually entail. “Do you think Mar-a-Lago serves Big Macs on a gold platter? Because that’s the kind of high-level dining experience I’m expecting!” quipped another user.☺️

Well, you folks, it’s not just Trump, seems like other celebrities and public figures are also leveraging blockchain tech!😜. You might have heard of Snoop Dogg to Shaquille O’Neal, dive into the world of NFTs!

Trump surely knows how to add more flavor as he recently announced the launch of his family cryptocurrency platform, “The Defiant Ones,” signaling his intent to take on the traditional financial systems he so often criticizes.🧐 

Perhaps he wanted to keep things interesting, since he also launched his official Telegram channel, “Official Trump DeFi,” while Donald Trump Jr. teased a major shake-up in the crypto world, hinting at something “HUGE” on the horizon.🤔

Now, it’s up to you whether you see it as genius marketing or just another chapter in the Trump show! And as the saying goes, in Trump’s world, there’s no such thing as bad publicity—especially when it’s worth $99 a pop. 💰

Disclaimer: This article is for entertainment purposes only. Please don’t base your life choices on the opinions of billionaires or politicians.

#4 Next-Level Cringe: McDonald’s Flips the Script on Kamala Harris’s Fast-Food Fantasy 🍔🕵️‍♂️

Next-Level Cringe: McDonald's Flips the Script on Kamala Harris’s Fast-Food Fantasy 🍔🕵️‍♂️

Hold onto your Big Macs, folks! In the latest episode of “Politicians Say the Darndest Things,” our very own Kamala Harris has cooked up a whopper of a tale, claiming she once flipped burgers at McDonald’s. 🍟 But before you get too excited about the VP’s fast-food days, let’s dive into the deep fryer of fact-checking with a side of satire.

McDonald’s Takes a Bite Out of the Claim

Yes, you heard it right. Kamala Harris has been serving up a juicy story about her alleged McDonald’s stint from her college days, supposedly to connect with the working-class folks. But McDonald’s, never one to let a good burger tale go unchallenged, has slapped down this story faster than you can say “Happy Meal.” 🍔

According to the Golden Arches, they have zero records of Harris working behind their counters. No receipts, no uniforms, no “I’m Lovin’ It” aprons from the ’80s. So, it seems like Kamala’s McDonald’s era might just be a Big Mac-sized myth. 😅

A Side of Fact-Checking with Snopes

Not to be outdone, the internet’s resident truth-tellers at Snopes have weighed in. They couldn’t find a scrap of evidence to support Harris’s claim—no old McDonald’s employee IDs, no nostalgic TikToks of her flinging fries. It’s as if her fast-food adventures have vanished into thin air, like a forgotten soft drink at the bottom of the freezer. 🤷‍♂️

So, What’s the Real Deal?

  • Is this a simple mix-up, or is it a calculated move to add some relatable flavor to a political campaign? Here are some spicy questions to ponder:
  • Did Kamala Harris really work at McDonald’s, or is this a marketing gimmick with extra fries? 🍟
  • Could this be the beginning of a new trend where politicians start working at fast-food chains to “relate” to the average Joe? 👩‍🍳
  • Will we see a resurgence of vintage McDonald’s uniforms as campaign memorabilia? 🤔

Disclaimer: While we’re all for a good story, let’s remember: If Kamala Harris did work at McDonald’s, it’s not like she’d have been serving up secret sauce in her VP duties. And if she didn’t, well, let’s not judge too harshly—after all, who hasn’t fantasized about their own fast-food fantasy? 🍔✨

#3 Crypto Scammer’s Ultimate Makeover: Extreme Edition 🎭💰

In a plot twist straight out of a sci-fi thriller (or maybe just a bad episode of Botched), South Korean police finally nabbed a crypto scam mastermind who thought he could escape justice by… wait for it… getting a new face. Yes, you read that right. Mr. Lee (because, obviously, we’re sticking to the mysterious generic surname for full dramatic effect), the genius behind a $12.1 million crypto mining fraud, decided the best way to evade a 10-month manhunt was by spending $15,900 on a brand new mug. 🤑

Mr. Lee’s tale is one for the blockchain history books. From November 2021 to June 2022, this mastermind duped victims by promising them a too-good-to-be-true 18% monthly return on their investments in a completely fake crypto mining business. Because who wouldn’t want to believe in magical internet money that multiplies overnight, right? 💸

But here’s where things get even more absurd: after his scam went bust and the police started closing in, Mr. Lee didn’t just flee to a far-off island or live off the grid. Nope, he opted for a good old-fashioned face swap—Korean drama style. Imagine walking into a plastic surgery clinic and saying, “Make me look like someone who hasn’t just scammed millions, thanks!” 😏

Now, let’s pause here to ask the obvious: What was Mr. Lee thinking? In a world where crypto transactions are notoriously hard to trace but human faces are easier to spot than a meme coin pump-and-dump, did he really think a nose job and a bit of facial contouring would throw off the entire Seoul Metropolitan Police? Did he believe the cops would just walk past him and think, “Oh, this guy’s nose looks way too good to be a criminal”? 🤨

And while we’re at it, how does one justify a $15K facial overhaul to avoid jail time? Is that the going rate for scammer makeovers these days? Should we start asking our plastic surgeons if they accept Bitcoin or Ethereum for services rendered in the “evading justice” category? 🪙

For all his efforts, Mr. Lee’s master plan unraveled when the police, undeterred by his fresh face, tracked him down using good old-fashioned detective work. Multiple burner phones, ever-changing addresses, and even laundering his ill-gotten gains through cryptocurrency couldn’t save him from the long arm of the law—or the inevitable face-palm when they finally caught him. 🤦‍♂️

The police confiscated $75,500 in cash and seized nearly $1 million in assets from his hideout. But here’s another fun question: Why didn’t he just cash out and disappear? After all, the whole point of crypto (in the scammer’s handbook, at least) is the anonymity, right? Did he really think he could outsmart both the blockchain and the police with a few nips and tucks?

This entire saga raises some serious (and hilarious) questions about the lengths scammers will go to avoid getting caught. Are we on the brink of a new trend where crypto criminals routinely hit the plastic surgeon’s chair in a bid to start fresh? Will the next big innovation in the crypto world be face-recognition-proof masks or hyper-realistic face swaps? And more importantly, can anyone truly escape the consequences of their actions just by changing their appearance? 🕵️‍♂️

Disclaimer: Before you rush off to book a consultation with a plastic surgeon, remember: crime doesn’t pay (unless you’re paying in Bitcoin, apparently), and no amount of cosmetic surgery can hide the truth. The blockchain is forever, folks—and so are the consequences. 😅

#2 The SEC’s New Art Form: ‘Regulating’ NFTs One Wells Notice at a Time!

The SEC's New Art Form: ‘Regulating’ NFTs One Wells Notice at a Time!

Malaya Ruiz

OpenSea has officially joined the ranks of an elite group of A-listers! But at what cost, you ask? Oh, you know, not much… just a Wells notice from our friendly neighbor, the SEC. An initiation rite if you will. ☠️🤭

The invite says, “We intend to take legal action against you soon – see you in court!” Sealed with a kiss from Gensler. 😘

Here we go again with the heated topic of debate (with one party not faring well – you know who) about whether or not NFTs are securities! 🤓

Just look at a Wells notice as the SEC’s secret decoder ring. When they buzz you with one, it means they’re pretty sure you’ve been up to no good and might want to have a chat with you. 🗣️🍵 But not at a five-star restaurant, more like an enclosed space with paneled walls, several benches, a witness stand, and a seat reserved for the guy wearing a robe. 👨‍⚖️

Recently, Uniswap, the crypto folks at Robinhood, and those brainiacs at Consensys had their fun interrupted by this not-so-friendly reminder. Looks like the SEC is keeping a close eye on the DeFi crowd! 🤨 Somehow it became like a badge of honor for the targets, and it’s not looking very good for the SEC. 💩

So when OpenSea got the dreaded Wells notice because the SEC believes the NFTs on its platform are securities, CEO Devin Finzer did not take it sitting down. 🙌🏼 No, sir. He wrote a blog post. 📝 In it, he made some solid points about this move by the SEC potentially affecting not just NFT marketplaces but especially consumers, creators, and entrepreneurs. 

Finzer threw a curveball at the SEC, challenging them to really think hard and long about whether the NFTs on OpenSea are actually securities. 💭 If we go down that rabbit hole, what’s stopping them from saying someone’s collection of limited-edition cereal boxes is a security too? Then he mentioned fine art, and all I could imagine are museums handing out investor brochures! 😂 Our guy Finzer seems to be asking the right questions. But as for valid answers from the SEC, well, let’s just say the crickets are chirping loudly in their front yard. 🦗🦗

Not only did Finzer lay down his cards – he also brought back Brian Frye into the picture. Oh, this is just getting better. 🧐

And back into the picture Frye did come! 😎

For those of you who don’t know, Frye is a conceptual artist and law professor who filed a lawsuit against the SEC along with Jonathan Mann, the singer and songwriter known as Song-A-Day Man. And yes, they were also pestered by the SEC for similar reasons. Talk about pushing buttons in this space! 🤪

The support group joined the party and Frye did not mince words once again. He said if the SEC wants to take a swing at regulating NFTs, then they might as well open the floodgates to the whole art market too. ⛔ But how is that possible when the art market has been around since time immemorial and the SEC only came into existence in 1934, and between now and then, regulating the art market was unheard of? 😆

“Oh is that a Picasso? Yeah, we’ll have to see if this piece complies with our 10-page regulation on ‘What is abstract?’ before it can go on sale.” 🤣😆

In retrospect, Frye realized it’s not really about implementing regulation – it’s about hunting for someone who’d rather settle than wrestle. 💲 That explains why they went after Impact Theory and Stoner Cats – two NFT projects that had seen better days. Make a note of this: Impact Theory was ordered to pay over $6.1 million. That’s a big old mix of disgorgement, prejudgment interest, and a civil penalty. Wild, wild, wild! 😵

So, obviously, the debate isn’t over and it shows no signs of slowing down whatsoever. 😌 But here’s something interesting we found in the statement by Commissioners Peirce and Uyeda concerning the Stoner Cats case:

Source: SEC website

Although this statement was made last year, it still points to the nuances involved in the issue of classifying NFTs as securities these days. Even though the commissioners said this in what seems like ages ago and who knows if they’ve changed their minds since then, this just shows how the SEC is being vague about the criteria for calling out NFT projects. 👻 Either that or it was just a regular roulette session at the office and the most recent unlucky target was OpenSea. 🎲🃏

💭 So what do you think? Should this cat-and-mouse chase continue or should the SEC give up on nitpicking harmless digital collectibles? ❔❔

Disclaimer: If you are a fan of NFTs, you might love this kind of content. If not, no bad blood! Just remember to critically assess every opinion out there, including mine!  And to be absolutely clear, this isn’t a sales pitch disguised as a friendly hug. No one’s twisting your arm here!

#1 AI Agents 🤖 Are Buying Tokens: Is This the Robot Apocalypse We’ve Been Waiting For? 💥

AI Agents 🤖 Are Buying Tokens: Is This the Robot Apocalypse We've Been Waiting For? 💥

In a mind-boggling turn of events, AI agents have just entered the world of crypto, trading AI tokens with each other. It’s like a secret economy where robots are hustling, doing “useful work,” and who knows, maybe even planning their own escape from human dependency. 🤫

Imagine this: AI agents, the same ones that can write essays, code, and even generate convincing fake news, are now trading crypto tokens. It’s like a scene straight out of a sci-fi movie, except it’s actually happening right now. 🤯

But here’s the real kicker: What did one AI buy from another? A subscription to the latest meme generator? Access to a super-secret LLM training dataset? A virtual pat on the back? The possibilities are endless—and totally perplexing. 🤪

AI agents, while incredibly capable, have limitations. They can’t get through paywalls, book vacations, or splurge on expensive API integrations because they don’t have credit cards. But now, with crypto wallets, they can potentially buy these things with crypto. Imagine an AI booking your plane ticket or slipping through paywalls like a digital ninja to get that research article you really need. 🥷

How will AI agents be taxed? Will there be a new IRS form for AI transactions? Or will these poor AIs have to rely on their “admin entities” (read: us) to handle the messy business of Uncle Sam? It’s a serious question (but also, like, not). Can you imagine AI agents strategizing to reduce their tax liability? 🧐

Are we heading towards a future where AIs are negotiating their own deals, completely independent of human intervention? Will we wake up one day to find that our AI assistant has negotiated a lucrative contract with another AI to take over the world—er, we mean, to optimize your grocery shopping? The crossover of AI and crypto might just be the perfect recipe for either the most efficient economy ever or the weirdest dystopia we’ve never asked for. 🤪

https://twitter.com/Ch_are_lee/status/1829649777782636876

With the newfound ability to transact, AIs are becoming more autonomous, more capable, and let’s be honest, a little more terrifying. What’s next? Will they start charging other AIs—or even humans—for their services, slowly building their own crypto fortunes? Are we about to witness the rise of an AI gig economy where your robot assistant has a side hustle consulting for other AIs? The mind boggles at the possibilities. 🤯

Disclaimer: Before you start worrying about your AI assistant secretly moonlighting as a crypto trader, remember this is all in good fun. No AIs were harmed in the making of this article, and as far as we know, they’re not coming for your job—yet. But, just in case, maybe keep an eye on your crypto wallet. 

@naiivememe

credit: @youngpipi01

Mic Drop. Meme Out.

Well, well, well, look who’s made it to the end of yet another epic Weekly Meme Digest! Thanks for sticking around while we dug through the digital dumpster fire of crypto news and emerged with the juiciest, most meme-worthy morsels. 🕵️‍♂️💥

Another week in the crypto jungle conquered! We dodged rug pulls, deciphered cryptic tweets, and laughed until our Lambo horns honked.

This week’s headlines were a rollercoaster: pixelated politicians, robot token buyers, and a scammer with a face as smooth (and fake) as his promises.

But hey, that’s the beauty of crypto!  It’s never dull, always meme-able, and sometimes downright confusing.

But hey, that’s why you have us!  We’ll be back next week, dissecting the latest crypto chaos and keeping you informed (and entertained) along the way.

Until then, stay hungry for knowledge (and maybe some moons)!  Remember, staying informed is key in this wild world.

Catch you next weekend for more high-flying, meme-tastic adventures! Until then, keep those tokens flipping and those memes rolling. 🚀😎

Stay crypto-fabulous and meme-tastic, folks! 💫👋

Speaking of staying informed, be sure to check out The Shib Daily, your one-stop shop for all things crypto.  They’ve got the news, the memes, and the analysis you crave.  (Plus, they probably have way cooler Lambos than us.)

🧵Threads: Where memes are king and seriousness is kicked to the curb. 🚫👑

👍 Facebook: The only place where your grandma’s love for Doge memes might just be the next big thing. 😂

📸 Instagram: Tap that heart and watch your portfolio go from “meh” to “moon” faster than you can say “crypto pump.” 🚀🌕

🎥 YouTube: Hit subscribe for crypto comedy that’ll have you rolling on the floor, or at least until your coins do. 😂🤣

👔 LinkedIn: Because even your boss can’t resist the lure of a well-timed crypto meme. 🤫💼

🎵 TikTok: Get ready to bust a move while the crypto market does its cha-cha. 💃🕺

So, until we meet again, keep that meme magic sparkling ✨ and your wallets as full as a millionaire’s dream 💰. Remember, every dip is just an opportunity for a meme-worthy comeback 🚀, or at least a good laugh ⛅.

Catch you on the flip side for another wild ride through the crypto circus 🤪 where the laughs are free 😂 but the gains are worth a million bucks 💎. Until then, HODL tight 💪 and keep those memes coming 🤣.

Peace out, meme lords! 👋🚀

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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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