🤷‍♂️ The Infamous Dev Is Back With A New Project

Gm, this is the doodhwala, the crypto newsletter that makes you super strong with every word read. You’ll have a full workout done by the time you finish reading this! 😎

EMBRACE THE PUMP! 💪

Here’s what we got for you today:

• 💪 WAGMI Power: The Infamous Developer Is Here With A New Project

• 🎲 Rollbit's Rekt!: This Influencer Made Rollbit Slide 10%

• 📈 Cheese and Charts: UniswapX LPs In Trouble

• 🛠️ Resourcewala: Hit Maxes, Evade Taxes

• 🍼 Doodhshots: Binance’s Secret Money Moves

🔥 Top G Is Back!

Daniele Sestagalli.

No, it’s not a pasta named after Daniel.

He’s the famous infamous developer behind some of the most talked-about Avalanche projects. 👇

We're talking about:

• Wonderland: A treasury-backed currency protocol. 🕰

• Abracadabra: Offers collateral based on assets deposited by users. 🪄

$SPELL, $MIM, $TIME: Three tokens from the above projects had a combined market cap of over $6 billion at their peak! 📈

But now they’re 95% down.

Just like my 1,00,000 Shiba.💀

And now he’s back with WAGMI.

By WAGMI we don’t mean the spirit of WAGMI but a project.

According to him, this is his "best project ever”. 🤷‍♂️

Btw WAGMI (We Are Gonna Make It).

So what’s it about?

It’s a platform that offers a lot of decentralized finance (DeFi) tools and services, running on multiple blockchains.

But here’s a bummer.

WAGMI isn't just a random project.

It's a rebranding of his previous venture, Popsicle Finance → a multichain yield optimization platform for liquidity providers.

Remember its native ICE tokens? Yup, they're at the heart of this new project.

Cuz ICE holders can now swap their tokens for WAGMI tokens.

And guess what? WAGMI's market cap has already touched $2 million! 💸

And ICE tokens? They've shot up by 70% in just 24 hours! 📈

A Trip Down Memory Lane 🛤

Sestagalli isn't new to the crypto scene.

His previous Avalanche projects (mentioned above), under the catchy "frog nation" tag, were all the rage during the 2021 bull run. 🐸

He didn't even have a presale of these projects to VCs first.

The normal people who joined early made a lot of money! 💰

In fact, I was also early in crypto, but I bought a pair of bathroom slippers from that Bitcoin.

So, everything was going but then something happened (as always).

What? Who?

Michael Patryn aka 0xSifu.

So he was the treasure manager of Wonderland and TIME was its native native token.

But the turning point was when ZachXBT revealed about Micheal’s criminal past.

And here’s the juiciest part: Daniel knew about it. 😅

But he kept quiet.

The moment this news broke TIME and all other tokens tanked as hell.

What happened next?

Daniel stepped away from DeFi declaring the "Wonderland experiment is coming to an end." 💔

He also said he would give money back to people who lost, but he didn’t. 😢

Doodhwala’s Take:

Sestagalli has had ups and downs in crypto. 🔻

He's made cool things, faced problems, and now he's back with WAGMI.

Will it be a hit? We'll see. 🤷‍♂️

Till then WAGMI.

🎲 Rollbit Rolls Down

Fellas, as milk connoisseurs, we would never suggest you gamble your life away.

Now that being said—

Rollbit is frikkin amazing. 😭

I mean, are you kidding me?

1000x leverage on Bitcoin? Take my million dollars! (They're Venezuelan dollars, we’re broke)

But you know what they say right?

Different folks, different strokes. 🤷‍♂️

And that's probably why one of Rollbit's biggest influencers has left the platform, causing the token to tumble 10%. 📉

Why the sudden switch? We need to know now! 😤

☝️ Gainzy moves from Rollbit → Stake.

Okay, who dafaq is Gainzy?

In his own words - “A semi-retired derivatives trader”.

As a popular icon on Twitter (I’ll never call it X btw), he has a huge group of degens and fans following him for some crypto alpha.🧠

He’s got the Degen.

He’s got the Skills.

He’s prolly got the Premium doodh from Milan.🥛

But more importantly, Gainzy was a huuuuge user of Rollbit - The Crypto Casino.

We wrote about Rollbit here.

So it’s kinda sus but also fitting to his personality—

When he announced that he’s switching to **Stake - The online casino backed by Drake.**🎰

Here’s his announcement 👇

✌️ Why Rollbit Coin fell

At the time of writing this story, Rollbit Coin is in an absolute freefall—

Hitting new lows every time you refresh the damn screen! 🤷‍♂️

The token has dumped over 10% in price so far! 📉

Now here comes the important question:

Is Gainzy so big that he’s moving markets now? 💀

Well not exactly, but as an influential person, he did bring a ton of users on the platform.

Here’s the milky thesis that we can draw for the coin to get dumped—

• There are people who trusted Gainzy that are choosing to move on with him

• People find it sus that such a huge Shiller for Rollbit is moving to a competitor

• It’s a gambling token, so people are gambling on the price? 🤣

Who knows man? Everyone’s a seller these days!

🤟 Ohh man. The memes!

With great price drops, come great memes.

Especially if you’re an influencer who is constantly on the radar for things you put out!

Trust us, we’re celebrities ourselves! (Legit 100%)

Here’s some that we found 👇

📈 Cheese and Charts: Uniswap LPs Are In Trouble

Y'all know about Uniswap right?

If you don't, they're not a Unicorn Swapping business. 🦄

Uniswap is the largest Decentralized exchange on Ethereum in terms of MCap and Volume.

And they're doing some hella sus tomfoolery rn. 🧐

The issue at hand?

Uniswap launched a new product called UniswapX a couple of months ago.

The idea was simple—

• Better Prices for Swaps

• Aggregate AMMs (Automated Market Makers) and CLOBs (Central Limit Order Books) for better liquidity

• Gas-free swapping of tokens

Well, currently, more than 77% of UniswapX volume is being filled from off-chain inventory. 🤔

What does that mean, you ask, my Doodh?

That means Liquidity Providers (a.k.a Doodhwala's for Swapping) are mainly from CEXs.

Ones 🫵 and I don't have access to. 🤭

What's worse?

This could just be one single Market Maker providing liquidity for these swap pools. 😵

Does that mean that these huge pools are in the mercy of one sweaty dude in an exchange? 💀

Hit reply and let us know your raw thoughts! 👇

🛠 Resourcewala: The Slick Guide to Shaving Taxes with Crypto

Crypto's noisy, right?

With tweets, memes, and those flashy YouTube intros, everyone's making a show!

If you're here for the noise, the bling, and the Lambos, you might just scroll past. 🚀 

But if you're the kind who likes to uncover secrets, the hidden gems, then you're in for a treat. 🥛

Today's espresso shot of resource serves:

- Who is this Quiet Master? 🕴️

- Why haven't you heard about them yet? 🤷

- What monumental shifts have they ushered in? 🌍

And the BIG Q: How do they move silently in a world that's LOUD? 📢

Dive in, but shhh... let's keep it between us. 😉

🍼 Doodhshots: Binance In Some Serious Sh*t

• 🇷🇺 Russian Route: North Korean hackers channel stolen loot through Russian exchanges, says Chainalysis. Drunk on Vodka?

• 🏛️ More Warnings: The Crypto Enforcement Chief at SEC hints at more charges flying towards exchanges and DeFi. Why sooo angry, Gary?

• 🔍 Money Mystery: Binance US gets grilled by the SEC over some scammy money maneuvers. What's the deal, Binance?

• 🏦 Standard Move: Standard Chartered's crypto division gears up to launch a staking service. Banking on crypto, are we?

• 🇺🇸 Coinbase's Campaign: Coinbase kicks off a campaign to shape crypto legislation in the US. Rallying for rights, are we?

🤣 Milky Meme Of The Day

If you want more doodh then, be sure to follow our Twitter, LinkedIn, and Instagram.

That’s all for today folks! See ya tomorrow!

Yo! Our legal and financial advisors (aka our good ol’ conscience) have asked us to add this boring disclaimer. None of what you read here is financial advice. We aren’t here to get you to buy or sell crypto. We’re only here to tell you what’s up in crypto today and make you laugh. So, if you screwed up on a trade, that’s on you G. Stay safe in the markets.

Today’s edition was brought to you by Ritik Gupta and Sumanth

Edited by: Arvind Krishna and Aakash Athawasya