2024 Fun Facts Awards: The moments that made everyone stand up

  • Renzo's Airdrop Controversy: The re-staking project Renzo faced backlash for its token distribution pie chart, which was criticized as misleading and statistically flawed, with the community calling it "chart crime" akin to token economics fraud.

  • Project S's Bizarre K-line: A well-known project named S launched with an unprecedented K-line that left traders confused, as it was unclear whether the price was rising or falling, marking a rare event in crypto history.

  • North Korean Hacker Scam: The Munchables project lost $62.5 million after discovering that its four hired developers were actually the same North Korean hacker, who orchestrated the attack by recommending each other and funneling payments to the same addresses.

  • Witch Hunt by Project L: A cross-chain project named L made headlines by offering a 15% token allocation to users who surrendered their "witch" (Sybil) addresses, threatening to cancel allocations for those who didn't comply—a first in crypto history.

  • Copper's Naked Sushi Scandal: Cryptocurrency custodian Copper sparked controversy by serving sushi on nude models at a party, highlighting the extravagant spending of crypto projects this year.

  • Slerf's Accidental Burn: The Slerf meme coin project accidentally burned its LP and airdrop tokens, causing panic. However, this mishap unexpectedly propelled SLERF to a $100M market cap in just 30 minutes, dethroning BOME as the meme king.

  • Self-Immolation Stunt Gone Wrong: A Pump.Fun developer attempted to boost his meme coin's value by live-streaming a dangerous stunt involving fireworks and isopropyl alcohol, resulting in severe burns and hospitalization—without cashing out his tokens.

  • Easter Egg: Missed Fortunes:

    • WIF developers sold $29K worth of tokens early, now worth $693M.
    • The German government sold Bitcoin at $57.9K, missing $3B in profits after BTC surpassed $100K.
    • Multiple traders sold meme coins like HIPPO, GOAT, Pnuts, FARTCOIN, and CHILLGUY for minimal gains, only to see their holdings skyrocket to millions shortly after.
Summary

The annual stupid news in the cryptocurrency world is here again (there was no news in 2022 because it was too terrible). This year, there are still many exciting moments that make everyone stand up. I wish you all a happy new year and continued prosperity in 2025.

Renzo Statistics Civil Service Graduate

On April 23, the re-staking project Renzo announced the details of the airdrop. In the first version of the announcement released by Renzo, the pie chart of its token distribution is as follows, which can be regarded as a statistical textbook. The two 2.5% shares allocated to Binance Launchpool and liquidity are almost the same as 20%, while the bottom "half" is 62%. The community bluntly said that this is "chart crime, no different from token economics fraud."

2024 Fun Facts Awards: The moments that made everyone stand up

A well-known project named S has launched an epic K-line

A well-known project named S officially opened after Binance ended pre-market trading. Looking at the K-line, it was unclear whether it was rising or falling, which is rare in history.

2024 Fun Facts Awards: The moments that made everyone stand up

The project owner hired 4 developers online, who are actually the same North Korean hacker

On March 27, the Blast ecosystem project Munchables lost $62.5 million. According to the investigation of on-chain detective ZachXBT, this was because one of their developers was a North Korean hacker, and the four different developers employed by the Munchables team were all connected to the attacker, and were likely the same person. They recommended each other to do the work and regularly transferred payments to the same two trading platform deposit addresses. The wallets of the "four people" had mutual transfers.

Based on annual revenue, North Korean hackers should earn more than many listed companies.

A well-known cross-chain project named L wants “witches” to surrender themselves, the first case in history

On May 4, a well-known cross-chain project named L issued an announcement stating that users identified as witches can surrender themselves and hand over their witch addresses to obtain 15% of the original allocation. If they do not surrender, all allocations will be cancelled after being discovered.

That’s not all. The project team said that the whistleblower needs to provide at least 20 addresses that clearly involve Sybil operations, and the reward will be given priority to the first user who successfully submits the information. After that, the reporting mechanism will be further updated and a deposit system will be introduced.

This is something I have never seen before.

Cryptocurrency custodian Copper apologizes for serving naked sushi to attendees at a party

A source close to Copper said the models were a man and a woman "in swimsuits," adding that it was "very showy..."

It can be seen that the project party really made money this year.

2024 Fun Facts Awards: The moments that made everyone stand up

Slerf made a mistake in issuing coins and burned the tokens and LPs. The whole network learned "Oh Fuck"

On March 18, Slerf project founder @Slerfsol posted on the X platform that he had destroyed LP and airdrop reserved tokens due to an error, and his coinage rights had been revoked. He was powerless and even cried in Space.

It was thought that the meme project SLERF, which raised more than 50,000 SOL, would die, but unexpectedly, this move made SLERF break the previous record of BOME, which took 9 hours to break the market value of 100 million. In just 30 minutes, SLERF's market value exceeded 100 million, becoming the new king of memes. So much so that any subsequent meme pool burning will be labeled with the Slerf narrative for community CX.

2024 Fun Facts Awards: The moments that made everyone stand up

I ordered myself to cheer everyone up

In order to boost the market value of meme, the previous Dev of Pump.Fun soaked himself in isopropyl alcohol and live-streamed fireworks at himself in an attempt to build momentum for his meme coin. The token price soared 2,000% in a few hours, reaching a market value of $2 million. However, due to the lack of necessary fire safety measures, he was instantly engulfed by the flames, suffered third-degree burns and was hospitalized, unable to sell the tokens. After recovery, he found that he could not use his hands normally, and even the facial recognition of the mobile phone could not recognize him. Later, this Dev withdrew from the project, and the last thing should be that he did not sell the tokens in time.

2024 Fun Facts Awards: The moments that made everyone stand up

Easter egg segment: Selling flights to earn money

On March 8, WIF developers sold $29,000 (511 SOL) worth of WIF within 2 days of WIF opening. The current value of this part of WIF is $693 million.

The German government previously held 49,858 bitcoins and sold its bitcoins in July for $2.89 billion at an average price of $57,900. After Bitcoin broke through $100,000, the German government missed out on nearly $3 billion in profits.

On September 28, a trader spent 196 SUI ($368) to buy 2.53 billion HIPPO. In less than a day, the user sold all HIPPO for $7,500. A week later, the total value exceeded $30 million.

On October 10, a trader spent 2.07 SOL to buy 21.26 million GOAT and sold it at 2.8 SOL, earning only 0.7 SOL (108 US dollars), which was worth 8.9 million US dollars a week later.

On November 13, a trader spent 8 SOL ($1,392) to buy 19.4 million Pnuts, and then sold them at 4.09 SOL ($711), losing $681. These Pnuts are now worth more than $24.69 million.

On November 17, a trader spent 19.8 SOL ($3,000) to buy 59 million FARTCOIN, but later sold it at 7.16 SOL ($1,100), losing $1,900. These FARTCOIN are now worth more than $18.42 million.

On November 21, a trader sold his 33.95 million early CHILLGUY chips purchased with 1 SOL for 1.6 SOL, which is now worth more than $10 million.

Share to:

Author: 区块律动BlockBeats

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: 区块律动BlockBeats. Please contact the author for removal if there is infringement.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
29 minute ago
4 hour ago
7 hour ago
7 hour ago
8 hour ago
12 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读