Your life won't be complete until you've read the Ghostfi™ newsletter and caught up on the latest Crypto Space happenings.

First of all, please share this link with anyone you know who wants to learn about investing in the crypto space or who can use updated news to make better moves in the market: https://www.ghostfi.media/

Here’s what we have for you today:

• MEME MADNESS: Meme coins Take the Financial World by Storm… again!

• Ethereum Whales Swap Millions of Dollars in ETH for Shiba Inu (SHIB) Rival

• AI to the Rescue: Making Blockchain as Easy as Peanut Butter and Jelly!

• NFT Trading Volume Soars 230% in Q1, 2023: A Digital Gold Rush Unleashed!

• Rookies’ Corner

MEME MADNESS: Meme coins Take the Financial World by Storm… again!

Guess what? Memecoins are all the rage…again, especially in the good ol' USA! According to CoinGecko's fancy research, Americans are responsible for over 23% of the global interest in these hilarious digital currencies. And you know what's their favorite? SHIB, baby!

But hold your horses, because Dogecoin, the OG meme coin, is losing its mojo in many countries. Only in Morocco does Elon Musk's beloved DOGE still reign supreme. Talk about a loyal fanbase!

In the land of the free, SHIB takes the crown with a whopping 60.7% of the local interest. Pepe Coin, Bonk, and Volt Inu also get some love. India isn't far behind, adding 20.3% to the meme coin frenzy. They're all about SHIB too, followed by BabyDoge Coin. And the UK, representing Europe on the meme coin stage, snags third place with around 16% of the global interest. We're not sure which coins Britons fancy, though. It’s a mystery!

Now let's jet over to Canada, where PEPE, the latest crypto sensation, grabs nearly 27% of the locals' attention. It's a trillion-dollar market capitalization, baby! That's some serious love for the fresh frog face.

But wait, there's more! Dogecoin, the original ‘Pet Rock’ of the crypto world, is still kicking. It's holding strong among the top 10 largest cryptocurrencies, with an 11% boost this year. And you know who's the biggest Doge fan? Elon Musk himself of course! He's playing games, changing Twitter's logo to the "Doge" meme, and bam, DOGE jumps 25% in value. People are making bank just riding the Elon tweet effects!

And hey, with Musk planning to bring DOGE payments to Twitter, who knows? Dogecoin might just keep soaring. Stay tuned, folks!

Ethereum Whales Swap Millions of Dollars in ETH for Shiba Inu (SHIB) Rival

Move over Dogecoin and Shiba Inu, there's a new meme coin in town! PEPE, based on the beloved "Pepe the Frog" meme, has hopped its way into the hearts of crypto enthusiasts, with a whopping 2,100% price increase since its debut last month. The Uniswap liquidity pools for PEPE-WETH have been so hot, they're practically on fire, raking in almost $900,000 in fees. But watch out, traders, there's a slippery slope ahead - the recent lack of liquidity left some feeling like they got a nasty frog bite. Still, PEPE's trading volume has croaked the competition, leaving Dogecoin and Shiba Inu in its dust. PEPE COIN

GhostFi’s™ Recommend Exchange

AI to the Rescue: Making Blockchain as Easy as Peanut Butter and Jelly!

AI and blockchain are a match made in digital heaven, with AI's personalization and application prowess offering a solution to Web3's challenges. It can analyze wallet history, recommend digital assets, and even find the best time to buy an NFT. Security and accountability can also be enhanced as AI examines on-chain data and thwarts phishing attempts. For users, AI can simplify complex concepts with friendly chatbots, making blockchain more accessible. Developers benefit too, as AI pre-audits smart contracts and offers optimizations, saving time and costs. The future of Web3 looks bright with AI leading the way.

In the world of crypto, bear markets are tough, but they bring opportunities for innovation. Enter artificial intelligence (AI), ready to take Web3 to new heights. AI's proliferation and personalization offer a solution to simplify and strengthen blockchain use for everyday users. It can personalize the onboarding process, recommend digital assets, and improve security by examining on-chain data. For developers, AI can streamline smart contract auditing and offer optimizations. With AI's help, Web3 can unlock its goal of onboarding 1 billion users.

AI and blockchain are a perfect match, like peanut butter and jelly. AI's ability to personalize and improve applications presents a solution for Web3's challenges. It can analyze wallet history, recommend digital assets, and determine the best time to buy an NFT. AI also enhances security by examining on-chain data and prevents phishing attempts. For users, AI can simplify complex concepts with friendly chatbots, making blockchain more accessible. Developers benefit from AI's pre-auditing of smart contracts, saving time and costs. Together, AI and blockchain are shaping the future of Web3.

NFT Trading Volume Soars 230% in Q1, 2023: A Digital Gold Rush Unleashed!

The NFT market went from "meh" to "whoa" with a 230% surge in trading volume, hitting a whopping $4.54 billion in Q1, 2023. Thanks to Blur, the hottest NFT marketplace in town, the numbers skyrocketed. But hey, recent weeks have been a bit meh again, with a decline in both volume and users. Still, the NFT market showed signs of a comeback in the first three months, making wallets go cha-ching!

In Q4, 2022, NFT transactions were like a kid's piggy bank, only $1.97 billion. But fast forward to Q1, 2023, and it's raining digital cash with over 2.83 million ETH (worth $4.54 billion) changing hands. That's like finding a forgotten treasure chest filled with NFT gems, totaling a mind-boggling 11,498,022 transactions. Whoa, that's a lot of non-fungible goodness!

Sure, the NFT buzz took a breather in April and May, with sales volume hitting a slump at around $1.2 billion. Even the user numbers dipped a bit. Perhaps everyone got distracted by meme coins like Pepe and Floki Inu. But fear not, there's always hope in the NFT kingdom. And in the battle of NFT marketplaces, Blur flexed its muscles, leaving OpenSea in the dust. Blur's sales volume? Over 1.8 million ETH, worth a jaw-dropping $2.93 billion. Talk about becoming the cool kid on the Ethereum block!

Rookies’ Corner

The Advent of Digital Ownership
Official MetaMask Learn Lesson 5.

🛠Crypto Tool of the Week 🛠

A “crypto tool” is a whole range of products and services that assist investors to build, monitor, and manage their cryptocurrency holdings.

Phantom Press

Analyst Benjamin Cowen Issues Warning, Says Memecoin Frenzy Sending 2019-Style Top Signals
Popular crypto analyst Benjamin Cowen thinks digital asset traders should be wary of the ongoing meme coin frenzy. In a new YouTube update, Cowen tells his 784,000 subscribers that he expects the crypto market to undergo “one more scare” this year. “We get into the pre-halving year, we see rallies, everyone gets excited, but then the […]

MATIC Hits 90-Day Low: Oversold Market Signals Potential Reversal
Polygon’s (MATIC) bullishness faded early when bulls failed to break above the 24-hour high of $0.9411. Due to the bulls’ hesitancy, MATIC’s price dropped to a 90-day low of $0.886 before regaining support […]

Ethereum Whales Convert Millions of Dollars in ETH to Shiba Inu (SHIB) Competitor: On-Chain Data
Ethereum whales are joining the latest meme coin craze by throwing in millions of dollars worth of their ETH into Pepe (PEPE), a coin now up over 5,000% in the last several weeks. According to blockchain tracker Lookonchain, an Ethereum whale spent nearly $3 million on PEPE using Wrapped Bitcoin (WBTC) and ETH. “A whale bought […]

Coinbase CEO Brian Armstrong Says Crypto Exchange 100% Committed to the US Despite Regulatory Crackdown
Coinbase CEO Brian Armstrong says the firm is confident it can pull through the current anti-crypto regulatory crackdown that is stirring uncertainty across the industry. During Coinbase’s first quarter earnings call, Armstrong says the exchange remains completely committed to making things work at home in the US. Coinbase recently received a Wells Notice from the […]

SPOOKY MEMES

AI-GENERATED IMAGE OF THE WEEK
JUST BECAUSE WE CAN.

Share GhostFi with your friends/family who can learn more about getting in the game. Send them this link: https://ghostfi.media

Juno Finance is our favorite on/off ramps at the moment. Connect your banks, and move USD via ACH transfers, or with your debit card instantly. Purchase crypto fee-free, and move it to any exchange. You can back out crypto to cash as well. Spend money with your card to earn 5% cash back.
***Highly Recommended Account***

PROTECT YOUR CRYPTO, NFTS, AND TOKENS FROM HACKERS WITH OUR CC EAL5+ CERTIFIED SECURE CHIP - Buy One Now!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.