Good Game by gg.xyz Issue #08

gmgm, another week in cryptoland!

What a week and a half, Robinhood lists $Cashcat, Stonkbroker hits a 100x from when we first shared and the US Senate pushed the CLARITY Act vote to September.

Across 308 calls since last week Robinhood Chain still dominates the feed, but Solana is attempting a comeback with their own Tokenized Stock push and huge marketing spend by Pumpfun to bring activity back to their own coins via KOL deals.

The CLARITY cliffhanger from last issue resolved the boring way: no vote before recess. Thune says the vote comes next month, and the Senate opened the first stage of voting on its way out the door. We'll pick this one back up in September.

Meanwhile the SEC is rolling out a pair of major initiatives while Congress stalls: a tailored offering regime for crypto assets, with an open meeting set for Friday, and the long teased innovation exemption for trading tokenized securities, which could open the door to 24/7 stock token trading on blockchains.

$Stonkbroker ran as high as 2.7x since the last issue, hitting a new ATH at $95M FDV on Tuesday before correcting down to $62M FDV, and the holder count doubled in ten days to over 24,000.

Stonk Launcher launch was delayed again but it seems like they’re testing the contract in prod. We still got another special project launch: TickerYard's $YARD, bridge aggregator hit 4.8M at TGE before bleeding down to $2.74M. The Safety Deposit Box liquidity locker is live, integration with UP the official Aerodrome of Stonkbroker ecosystem, an options desk is on the roadmap, and 3 more special projects are queued for the next 72 hours.

On August 6th Robinhood listed $Cashcat, making it the first memecoin born on Robinhood Chain to reach Robinhood's retail audience. A 151% rip in the fifteen hours around the listing, from the $62M where we left it to a $212M intraday peak with over $50M traded in a single day. After the shakeout it's pressing up again around $162M, up 14% on the day, and distribution keeps getting cleaner: 58,600+ holders with the top 10 wallets under 15%.

StonkFun lets you launch coins paired with anything. Instead of trading against SOL, launches pair with tokenized stocks, currencies and commodities, so a memecoin can trade directly against tokenized SPY. The ecosystem token $STONK sits around $11M, and anonfungible called it on the feed at $2.8M the day after our last issue went out, already near a 4x.

Traffic, signups and volume are up 10x over the last month, and the team is scaling the backend and building gg's own trading engine so you get the best and cheapest quotes possible. What’s in store the next few weeks:

Weeks like this one come from building side by side with the community, and honestly it is the most fun we have ever had. Learn from the best onchain traders, hunt gems through their calls, and put your own on the record: sign up at gg.xyz, start trading, and join 800+ hunters in the Telegram. (Join gg chads)

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