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<h2 id="chatgpt-creates-a-meme-coin">ChatGPT creates a meme coin</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">.<a href="https://twitter.com/rhett?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@rhett</a> used ChatGPT to create a meme coin from scratch a few days ago<br><br>Naming, branding, coding the smart contract, crowdsourcing funds and launching&#8230;<br><br>It currently sits at a $31M market cap. <a href="https://t.co/smoaYhPCpf" rel="nofollow" target="_blank">pic.twitter.com/smoaYhPCpf</a></p>&mdash; Loopify 🧙‍♂️ (@Loopifyyy) <a href="https://twitter.com/Loopifyyy/status/1653758798740303872?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="ftx-s-890-000-000-sui-token-would-have-been-worth-over-1-billion">FTX’s 890,000,000 SUI token would have been worth over $1 billion</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">FTX estate sold 890,000,000 SUI token warrants back to Mysten Labs for $96 million last month<br><br>It was chalked up as a win because Mysten was buying it back close to the $101m FTX paid<br><br>At SUI&#39;s current $12.8bn FDV, the tokens (8.9% of total supply) are worth ~$1.1 billion 😭😭😭…</p>&mdash; Tracy Wang (@0x_tracy) <a href="https://twitter.com/0x_tracy/status/1653758142876987393?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Yes, FDV is an inflated metric and this was meant to be a bit of a shitpost<br><br>but Mysten launching <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">$SUI</a> at $10bn+ FDV just three weeks after their sweetheart buyback deal with JJR is finalized is pretty chad<br><br>the devil works hard<br><br>but a venture-backed crypto project launching a…</p>&mdash; Tracy Wang (@0x_tracy) <a href="https://twitter.com/0x_tracy/status/1653798546586447877?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="market-makers-are-holding-75-of-the-sui-token">Market Makers are holding 75% of the Sui token</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Looks like <a href="https://twitter.com/hashtag/SUI?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#SUI</a> has allocated ~4% to MMs<br><br>400mm additional tokens added to the circulating supply<br><br>initial public circ is ~200mm due to OKX, Kucoin vesting<br><br>🤯🤯<br>75% of the circulating supply is held by MMs who need to sell to hedge their options<br>🤯🤯<br><br>⚠️Bid At Your Own Risk⚠️ <a href="https://t.co/NNIipFuWVz" rel="nofollow" target="_blank">pic.twitter.com/NNIipFuWVz</a></p>&mdash; Alex (@thiccythot_) <a href="https://twitter.com/thiccythot_/status/1653754075714928640?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">66%<br><br>Sorry I can&#39;t do  math<br><br>Source is here: <a href="https://t.co/RY2tL6cuAq" rel="nofollow" target="_blank">https://t.co/RY2tL6cuAq</a><br><br>apparently it was only updated within the last 12 hours with the mm allocation<br><br>it should have been done much sooner but props to <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@binance</a> for disclosing because nobody else wanted to</p>&mdash; Alex (@thiccythot_) <a href="https://twitter.com/thiccythot_/status/1653755592190697473?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="sui-perpetual-futures-trading-is-not-launching-soon">Sui perpetual futures trading is not launching soon</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Exclusive: the SUI official team requires the cooperative exchanges (Binance OKX Bybit KuCoin, etc.) not to launch the perpetual contract when the SUI token is launched. At present, the major exchanges temporarily meet this demand, and the launch of future may be delayed for a… <a href="https://t.co/2XGA75MmiV" rel="nofollow" target="_blank">https://t.co/2XGA75MmiV</a></p>&mdash; Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1653722900661407744?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="cz-says-he-never-really-understood-meme-coins">CZ says he never really understood meme coins</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">CZ: I personally never really understood meme coins. But if a coin has a lot of users trading it, wanting it, playing with it, etc., then we’ll most likely list it. If the coin only lasts for two weeks, then we probably won&#39;t. <br>Read more: <a href="https://t.co/UZX4PjQgWx" rel="nofollow" target="_blank">https://t.co/UZX4PjQgWx</a></p>&mdash; Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1653797594907430913?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="us-presidential-candidate-kennedy-condemns-30-tax-proposal-on-crypto-mining">US presidential candidate Kennedy condemns 30% tax proposal on crypto mining</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">Cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine. It is a mistake for the U.S. government to hobble the industry and drive innovation elsewhere. Biden’s proposed 30% tax on cryptocurrency mining is a bad idea. 🧵</p>&mdash; Robert F. Kennedy Jr (@RobertKennedyJr) <a href="https://twitter.com/RobertKennedyJr/status/1653808786577010697?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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<h2 id="brics-is-working-on-developing-a-new-currency">BRICS is working on developing a “new currency”</h2>



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<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr">BRICS is working on developing a “new currency” that will be presented at the organization’s upcoming summit. <a href="https://t.co/S9muVPvYMe" rel="nofollow" target="_blank">pic.twitter.com/S9muVPvYMe</a></p>&mdash; Wall Street Silver (@WallStreetSilv) <a href="https://twitter.com/WallStreetSilv/status/1653741778737020928?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 3, 2023</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Top crypto tweets of the day – May 3rd

Table of Contents

Cryptopolitan_News

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