The 69 Dumbest Moments of the Year: 2024 Crypto Edition

Crypto was dumb in 2024—like, actually dumb. This yr’s meme coin supercycle spawned essentially the most weird characters the trade has ever seen, which is saying a lot, and conferences had us cringing weekly, all whereas politicians begged on their knees for the crypto vote (or a minimum of its cash).

And with this, we’ve loved among the dumbest moments ever inscribed on the peerlessly distributed, immutable, uncensorable Blockchain of Life. From a meme coin developer setting himself on fireplace to advertise his meme coin (#6, under) to FARTCOIN itself piercing a billion-dollar market cap (a late breaker that we did not even rely, but Stephen Colbert did), this yr was really one thing all of us may be pleased with. These are the moments that outline us, and which we are able to retell endlessly to our youngsters, and our youngsters’s youngsters, all of whom will likely be basking within the generational wealth we created in 2024, and past.

To commemorate crypto’s awesomely idiotic yr that was, we’ve randomly gathered an unranked listing of 69 of the Dumbest Moments of the 12 months.

1. Meme coin mammories

An alleged mom joined her alleged son on a livestream to shake her boobs, begging viewers to put money into her son’s actual meme coin.

“Do you wanna see him pour milk over these 36DDs?” she requested, noting—in case we weren’t already horrified sufficient—that her son “truly suckled on these. Now he’s going to get to pour milk on them.”

2. Getting cheeky

The viral success of LiveMom kick began a stay streaming meta the place meme coin devs would do silly shit to spice up their Pump.enjoyable tokens—some would name it efficiency artwork.

One dude tied his hands so he couldn’t dump on buyers, one other claimed to have no arms in any respect (earlier than he revealed them and offered the whole lot), and a 3rd dev mentioned he had kidnapped someone. We want that was the worst of it, however it positively wasn’t: one man lost his tooth while boxing, and one other genius merely streamed their spread ass cheeks.

3. Making quite a lot of Mollah

For the reason that launch of the Bitcoin whitepaper in 2008, folks have puzzled who Satoshi Nakamoto is. In October, one man stepped forward claiming to be the real deal.

British-Asian macroeconomist Stephen Mollah mentioned he had been making an attempt to disclose his true id for a while however folks stored stopping him. On the occasion (which he charged an entry price of £500 for) he additionally claimed to have created the Twitter brand, ChatGPT, and the Eurobond, a kind of debt.

Mollah rambled for over an hour, ultimately claiming that he would transfer Bitcoin from the Genesis block “very quickly” however he needed to put together for it. (Sadly, this nonetheless hasn’t occurred.) When diving by way of his Twitter account, we discovered a spree of 2018 posts calling out the entire “Faketoshis” on the market accompanied by some interesting images.

4. See the kitty? Pet the kitty. No, not that kitty…

Solana meme coin manufacturing unit Pump.fun has been the house to among the most jaw-dropping, idiotic moments in crypto. A living proof was when degens began buying and selling a coin primarily based on an “invisible cat” referred to as Kieth… it’s only a picture of an empty room. And sure, it’s spelled that approach.

5. Slerf’s up!

A developer accidentally burned $10 million price of pre-sale tokens raised for the about-to-launch Slerf meme coin—relatively than sending them to pre-sale individuals. What occurred subsequent? The token shot as much as a market cap over $700 million, in fact.

6. Florida man says to Slerf dev maintain my beer, burns self to pump token

A Florida meme coin dev set himself on fire in an attempt to pump his token. It labored, and the token spiked over 2,000% to a market cap of $2 million in just some hours. However he was hospitalized with third-degree burns and couldn’t promote, as a result of intense medical consideration he instantly required. As soon as he recovered, he couldn’t correctly use his fingers and claimed his telephone’s face ID didn’t acknowledge him.

Months later, he quit the project claiming he was taken benefit of. His largest remorse? Not promoting.

7. Does this ass make my tattoo look fats?

A Gigachad investor determined to get his Solana meme coin’s contract handle tattooed… however he spelled it wrong.

8. Does this hair make my head look fats?

A crypto degen began to gather his girlfriend’s hair, one strand at a time, inserting them on a styrofoam model head. As day two dawned, funds airline Ryanair reposted the account suggesting that the proprietor must fly to Turkey for a hair transplant, which apparently is a thing there. After all, the token skyrocketed over 470% because it garnered extra mainstream consideration.

9. Unreality TV

A tour of the “Solana Villa,” a part of a crypto actuality TV present, went viral this yr just because it was so obnoxious.

“Try this helipad. For those who don’t have this, you’re poor. HA HA velocity tour!” the influencer mentioned, displaying off an Airbnb property.

10. Remilia King

Bear in mind Joe Unique (the Tiger King)? Bear in mind when he joined an NFT community referred to as “Retardio” out of the blue? After which obtained airdropped a DeGod? Nah, didn’t assume so.

11. Gold medal grifting

Caitlyn Jenner (inventor of the tokenized Olympic medal ploy!) kick-started a complete celeb meme coin meta. What was notably dumb was that Jenner launched a token on Ethereum the identical week she launched her preliminary meme coin on Solana. The brand new token claimed to have the aim of supporting Donald Trump’s presidential marketing campaign. Months later, each tokens had crashed under $1 million market caps.

12. This little Iggy by no means went to market

A part of the explanation Caitlin Jenner wished to relaunch her celeb venture was as a result of she claimed to have been “scammed” by the one that helped her create it: Sahil Arora. Arora made a reputation for himself this yr because the mastermind behind numerous short-lived celeb tasks and the odd Twitter hack.

That’s why it was so dumb that individuals fell for his entice by sending $380,000 to a pre-sale wallet for an Iggy Azalea token that that disavowed by Ms. Azalea. One pre-sale participant mentioned that Arora had “misplaced all his rep” because of this.

13. Who’s your DADDY?

Who can overlook the heartwarming story of Andrew Tate, who in July was allowed to go away Romania whereas he awaited trial on fees of alleged human trafficking, rape, and forming a felony gang to sexually exploit girls? (All of which he denies.)

Upon listening to the information, Tate instantly introduced a “world tour” for DADDY, a Solana token he’d been selling to flip Iggy Azalea’s token MOTHER. Drawback was, although Tate introduced his tour would take him to “Tokyo, Dubai, [and] Miami,” he wasn’t allowed to go away the European Union.

Tate, who’s nonetheless awaiting trial, has denied the fees.

14. No, Iggy: Vitalik isn’t protecting your gasoline cash

OK, we love Iggy Azalea, who’s our SCENE Person of the Year, as a result of she launched her personal token and could possibly be the one celeb to really maintain supporting her venture (MOTHER) months after launch. However it’s not all been easy crusing for her.

In response to criticism from Ethereum co-founder Vitalik Buterin, the Australian singer questioned what he’s doing with ETH gasoline charges. This prompted Crypto Twitter to clown Azalea since these charges don’t contact Buterin’s pockets—they feed again into the Ethereum ecosystem. She was youthful then and we imagine higher educated now!

15. Crypto’s obtained ass…

Azalea upped the ante by internet hosting a stripper-filled party in Singapore, the place among the most degenerate clips of the yr had been born… which is saying quite a bit. Some examples:

16. …However Ethereum’s obtained expertise!

Crypto conferences are normally severe occasions, crammed with prolonged talks about blockchain technicalities and ever-imminent mainstream adoption. However at Token 2049: Singapore, Buterin determined to spin it up with a little crypto sing song—very a lot reminiscent of his 2019 rap.

“It’s mathematical. No extra double spend, it is encryptable,” he sang onstage. “A brand new type of wealth begins.”

17. Shopping for tokens like these is insane!

Insane Labz, an Arkansas-based dietary supplements firm identified all through the MMA and Barstool Sports world, allegedly paid a bunch of on-line trolls to impersonate celebrities, idiot its buyers, and pump its token. And the scheme labored—till it didn’t. The trolls impersonated UFC President Dana White, MMA legend Nate Diaz, and social media sensation Hasbulla to hype up the LABZ token within the firm’s Telegram group.

“We simply did it for amusing that obtained a bit out of hand,” one of many impersonators told Decrypt.

18. Simping for rug pulls

As an trade stuffed with incels, virgins, and customarily lonely males, it is no shock that thirst trap pump-and-dumps turned commonplace this yr. The recipe was easy: be a woman or know a prepared one, create a Pump.enjoyable token, put on few garments, livestream, then promote all of your tokens as soon as just a few folks purchase in. Best cash you’ll ever make.

19. Drugging for rug pulls

It was a banner yr for drug addicts utilizing the blockchain. First we had Meth’d Up Dev that, you guessed it, did meth on a livestream to pump his token. Then, we had Crack Head Dev who—truly, you didn’t guess it—overdosed on fentanyl whereas livestreaming. He later faked his dying earlier than turning into a full right-wing, racist Twitter character. Who says there are not any second acts in life?

Lastly, we wrapped up the yr with Meth Girl, who struggled to realize a lot traction since her Twitter accounts stored getting banned. Nonetheless, you go Meth Lady!

20. Currying for rug pulls

An enterprising fellow set up a meme coin for a curry stall in Lahore, Pakistan. However Decrypt did some digging, and it turned out the stall homeowners weren’t getting any cash produced from the token. So the streamer stopped the stream, and the CURRY coin tanked 92% in just some hours. You are welcome, Curry Man.

21. Leaping the frog

Flog the Frog (FLOG) was one of many most-hyped meme coin launches of the yr as a consequence of its spectacular art work and influencer help. However its core group unintentionally dumped on buyers after an embarrassing miscommunication.

“DUMP IT,” venture supervisor Breezy mentioned within the leaked group chat, that means to promote only a small share. As soon as he noticed the token crash 91% in only one minute, he wrote, “Bro, did you promote all of it?” Pyro, who was answerable for the group funds, responded, “YES YOU SAID DUMP MY BRO.”

“You’re a fucking fool,” Breezy defined. Thankfully for the artist, Flog relaunched as Fwog, in the end turning into one of the more successful meme coins of the year.

22. Leaping the squirrel

Poor, Peanut the Squirrel. Solely the nice die younger: The rodent, suspected of getting rabies, was a common election meme—and, in fact, meme coin. PNUT noticed $150 million in each day quantity in November, and have become one of many largest meme cash by market capitalization.

In a tragic autopsy twist, it was revealed that Peanut never had rabies and was murdered for nothing. RIP little buddy, might your meme coin stay on and your reminiscence be a blessing.

23. However wait! The squirrel coin lives!

Lower than a month after the story of the not-rabid however very lifeless Peanut the squirrel captivated a world gone mad, the rodent’s proprietor—apparently miffed that carpetbaggers obtained wealthy off his private tragedy—launched his own token. By no means thoughts that “the PNUT neighborhood” supposedly donated $50,000 to the proprietor.

“The truth that folks wanna generate income off that is nothing in need of despicable,” the bereaved proprietor stated in a Twitter video, earlier than pivoting to launch the token referred to as JUSTICE. Sadly, there was no justice for the JUSTICE token, which died deader than the fucking squirrel.

24. The daddy, the son, and the holy rooster

This yr spawned a faith with followers worshipping a raw chicken with a fish head smoking a cigarette referred to as “Lord Fishnu.” However that’s not the dumbest second.

Often known as the Church of the Smoking Chicken Fish, the meme coin-based faith baptizes followers in what’s referred to as a “brothism.” Usually that is simply performed by studying out the “10 chickemandments” on Twitter Areas, however one follower took it a step additional by studying them aloud in a shower, whereas totally dressed, and with uncooked rooster on his head.

And that’s not even the dumbest second: the church was planning on opening a bodily house in Marfa, Texas.

25. And, even that wasn’t the dumbest second

A couple of months later, the church’s chief Pastor Kelby went rogue and began utilizing his affect over the faith to take funds and shill micro-cap meme cash. In flip, he obtained banished from the church.

Does this throw the bodily church plans into turmoil? 🙁

26. The daddy, the spouse, and the holy token

A Colorado pastor faced fraud allegations after he and his spouse created, then offered “illiquid and practically worthless” crypto tokens to buyers to fund their “lavish life-style,” authorities there alleged. In response, the pastor admitted that he made $1.3 million, however mentioned that he was instructed by God to promote the tokens.

“God shouldn’t be performed with this venture; God shouldn’t be performed with INDX coin,” he vowed.

27. In God we belief. All others pay in Solana

The CFTC filed a lawsuit towards the previous pastor of a Washington-based church of a multilevel advertising and marketing scheme that allegedly took greater than $5.9 million in money and digital belongings for a faux “Solanofi platform.” The ex-holy man allegedly focused “unsophisticated buyers,” promising they might earn as much as 34.9% month-to-month by way of a so-called leveraged staking platform, in accordance with the complaint.

28. You possibly can by no means belief a cabal

Meme coin devs, promising an enormous “social experiment” on Solana, tried to jumpstart a spike in a token referred to as CABAL after airdropping $10,000 price to 10 Crypto Twitter influencers in August. Inside a pair days, a lot of the influencers had dumped the factor. It now sits at a market cap of lower than $15,000.

“I don’t know why they anticipated handy somebody $10,000 and have them not promote,” mentioned one of many influencers. Notably, the listing of influencers included Beaver, the one that mentioned he paid Crack Head Dev (#16, above) to faux his personal dying.

29. Canine WIF your funds

As Dogwifhat (WIF) was establishing itself as a “blue-chip meme coin,” a bunch of buyers—together with one of many CABAL influencers, Ansem—determined to raise $700,000 to place the doggie meme coin on the Las Vegas Sphere. Eight months later, this nonetheless hasn’t occurred… with Bitcoin even beating WIF to the punch. As time passes, extra pressure mounts on those in control of the funds.

30. Something WIF hat

Meme coin fanatics began placing pink beanies on the whole lot they might, because of Dogwifhat’s recognition. “The hat stays on,” utilized to pets, celebs, every meme coin in existence, and even cars.

31. You’re fired/rehired!

Polymarket, one of the crucial profitable crypto tasks of the yr, to not point out a supply of reality in the course of the U.S. election, fired its intern for shilling an NFT venture referred to as “Retardio” on its Twitter.

As soon as there was sufficient backlash—towards Polymarket that’s—the intern was introduced again into the fray.

UNRELATED: The UK’s Conduct Monetary Authority subsequently issued a scam alert concerning the token, inflicting one to surprise: WHY JUST THAT ONE?

32. Purchase the rumor…

When Trump went on a rant about Haitian migrants eating pets throughout his debate with Kamala Harris, degens rubbed their fingers hungrily. That’s as a result of there have been already meme cash concerning the wild rumors, in fact.

However their pleasure was short-lived: The shitcoins shortly fell in worth when the ABC debate moderator fact-checked the baseless declare in actual time.

33. …Promote the information

Because the rumor unfold that Kamala Harris was picking Tim Walz as her running mate, we watched as meme coin communities that had shaped round different potential VP picks started to tank. Unhappy!

Take for example SHAPERO, the deliberately misspelled Josh Shapiro meme coin, which shortly dropped 94% because the Walz information began to unfold throughout social media. Unbowed, the venture’s nameless chief urged followers on Telegram to remain the course and claimed that FUD (not the coin, however sincere to god concern, uncertainty and doubt) was being orchestrated to push down the value.

Actually 4 minutes later, CNN reported that Walz was Harris’s VP choose.

“Oh my fuckin’ god, who rugged my bag?” one SHAPERO investor wailed in lament.

34. The President shouldn’t be lifeless, he’s simply sleeping

Earlier than he dropped out of the Presidential race, crypto degens had been satisfied that Joe Biden had died. Naturally, a flurry of meme cash hit the blockchain, although they had been surpassed by a two-month-old token that predicted the precise date he would go; it touched a market cap of $660,000.

All of those tokens tanked as soon as the rumors had been debunked. On the time of writing, Biden continues to be allegedly alive.

35. Who truly shot Trump?

Bear in mind when Trump was almost assassinated? No, not the second time, the primary time.

Properly, Pump.enjoyable merchants by some means identified the shooter hours before the FBI confirmed who had shot on the former president. Whereas this was a powerful feat from our beloved degens, there have been additionally numerous cash that obtained it painfully flawed—together with a preferred token claiming it was an Italian journalist who, because it turned out, was peacefully sleeping on the time.

Additionally, simply so as to add a bonus layer of crypto stupidity to the pile, then-popular Telegram tap-to-earn recreation Hamster Kombat turned Trump’s defiant fist pump into an absolutely bizarre tribute.

36. Vote crypto, mate

Whereas crypto was a speaking level—to not point out a massive source of funds—within the U.S. election, with Trump working on a lot of pro-crypto insurance policies, not a single U.K. political party mentioned crypto in their manifestos.

This was referred to as a “missed alternative” by a U.Ok. lobbying agency, because it ignored 10% of U.Ok. adults who personal cryptocurrency, and, presumably, wager on silly issues. To make issues worse, the chief of the Tory get together, Rishi Sunak, had beforehand made pro-crypto stances… however didn’t deliver it into the election. He went on to lose miserably.

37. Rug-pulled my Grandma

When you’re invested in a meme coin, you’ll be able to’t take your eyes off the chart—a lot in order that one dealer posted a photograph of them taking a look at DEX Screener subsequent to their dying Grandma in a hospital mattress.

“RIP Grandma,” they posted on Twitter. “Onboarding her property although, it’s what she would have wished.”

38. No (Dr.) Disrespect meant

Dr. Disrespect, common streamer and co-founder of the studio behind crypto shooter Deadrop, admitted to inappropriately chatting with a minor on Twitter solely to subsequently declare he didn’t.

In reality, he claims to have made the admission by way of a tweet to deliberately catch journalists out. Properly, contemplate us caught, Doc. If that’s one thing you wish to say in black and white, go forward.

39. Degens take their revenge on sassy child who rugged them

A teenage Solana meme coin creator rug-pulled holders after his token hit a $1 million market cap. Exhilarated from the $30,000 he’d pocketed, the punk gave the punters a one-finger salute in a house video and yelled, “Thanks for the 20 bandos,” whereas skittering round his bed room.

Humiliated however vowing retribution, our degens bravely fought again, massively buying and selling the shitcoin till it surged to a $85 million market cap. Had the child held on and handled his elders with respect, his little coin would have been price greater than $4 million. Take that, insolent little one!

40. High DOGE

When the wonderful specimen of a canine everyone knows as Doge (the mascot for Dogecoin) went to heaven in Might, the proprietor obtained a substitute canine—a rescue Shiba Inu named Neiro. Predictably, the brand new, outdated Shiba spawned a raft of Neiro-themed cash, with main in-fighting and accusations of scams, cabals, and hatred. All of this regardless of the proprietor refusing to endorse any of them. Is nothing sacred?

Months later, in December, it was introduced that members of the Personal the Doge DAO can be voting on which meme coin will get the Neiro IP. “This isn’t healthful,” the Twitter submit said.

41. Enjoyable with Bitcoin ETFs!

In January, the SEC’s official account tweeted that every one 13 spot Bitcoin ETFs had been authorised. However in truth, the SEC’s account had been hacked and none had been approved simply but.

SEC Chairman Gary Gensler’s revelation that the tweet was faux despatched the value of Bitcoin plunging from $47,680 to only above $45,500. It was opp for somebody to fill their baggage, in all probability MicroStrategy’s Michael Saylor. (The precise ETF approval got here at some point later FYI.)

42. Bull goals of Satoshi Nakamoto

Scottie Pippen, the legendary NBA star, claimed to have a number of goals this yr whereby he met the legendary Bitcoin creator Satoshi Nakamoto.

Within the first of the yr, Pippen claimed that Satoshi was “proud” of his work for tokenizing the basketball utilized in recreation 5 of the Chicago Bulls vs. Los Angeles Lakers 1991 finals. Then in September, Satoshi visited him in a dream once more to inform him that Bitcoin could be price exactly $84,650 on November 5—which was about $14,000 off.

Pippen additionally claimed that Satoshi was sending him photos in his dream, that he stored laughing at the price of Bitcoin, and that Bitcoin, Invoice Gates, and Jeff Bezos are on Santa’s listing—he did not specify if it was naughty or good.

43. Booing for Bitcoin

Who amongst us hasn’t loaded up on ayahuasca, had a imaginative and prescient concerning the sanctity of alt belongings, and given a graduation handle shilling Bitcoin at Ohio State University? Chris Pan, the graduation speaker who was rudely (!) booed when he introduced up crypto, spoke reality to energy nonetheless.

His transferring handle ventured past digital currencies, too: “I didn’t go to provide a speech,” he mentioned later in an Instagram story. “I went to share reality so we cease funding wars. We’ve to cease the bloodshed.” Oh, he additionally gave a Michael Scott-esque karaoke rendition of “What’s Up?” by 4 Non Blondes.

44. Malaysia is crushing it, Bitcoin-wise

Malaysian authorities crushed 985 Bitcoin mining rigs as a part of a national crackdown on electrical energy theft. Sure, sure, extravagant use of electrical energy is, occasionally, typically related to crypto miners. However had they merely invested in Bitcoin as a substitute of destroying these treasured miners, maybe it might rank larger among the many world’s nations by GDP. Really, it’s thirty seventh of 195, which isn’t all that unhealthy.

45. No sweetie, when a $6.5 million fee is made in error, you’ll be able to’t maintain it

This one appears a bit unfair: After centralized exchange Crypto.com mistakenly refunded a girl $6.8 million—as a substitute of $65! LOL!—she (and her erstwhile associate) apparently spent $4.42 million of the cash. Amongst different issues, similar to art work, the couple apparently purchased 4 properties in Australia. The girl was arrested whereas she was ready to fly to… look forward to it… Bitcoin-hating Malaysia!!! She served 209 days in jail and needed to give again the cash and different ill-gotten good points.

46. When scribbled on a authorized pad, the phrases “BUY BITCOIN” are price 10x greater than a bitcoin

In 2017, Christian Langalis, a 22-year-old Cato Institute intern, scrawled “Buy Bitcoin” on a yellow legal notepad, then photobombed Janet Yellen with it throughout a televised Home Monetary Companies Committee listening to.

Clearly the value of Bitcoin spiked by 3.7% proper after the printed, making Langalis a BTC hero. In April, our man auctioned off his quarter-hour of fame for $1.019 million. Stated he: “It’s good to lastly liberate this quantity from my sock drawer and provide it again to the Bitcoin public.”

47. Betting on Bryan’s boner

If anybody is on the lookout for proof of the decline of Western civilization—certainly, civilization typically—look no additional than the biohacker Bryan Johnson and his long-suffering penis. Johnson, a multi-millionaire who needs to stay perpetually, makes your common well being nut appear to be Homer Simpson.

In December, Polymarket bettors wagered on whether or not he may preserve a nighttime stiffy for greater than two hours throughout sleep. Nighttime erections are “a big organic age marker representing sexual, cardiovascular, and psychological well being,” Johnson mentioned, citing analysis that correlates the next danger of dying for males who don’t get wooden within the night time. As for those who didn’t have sufficient to fret about.

48. Heads I win, tails you’re a l0ser

It’s factor Polymarket turned common sufficient to permit degens to wager on something, even Johnson’s johnson. In June, deep within the doldrums of a dull market, they had been so bored that the poor bastards were actually betting on coin flips. Yep, simply join your pockets to a website referred to as Degen Coin Flips. What may probably go flawed?

49. What’s it with hamsters?

In August, degens, apparently uninterested in betting on coin tosses, discovered a brand new obsession: Betting on live hamsters racing in little plastic automobiles. It was the second straight year that the premise had been examined, however the added automobiles arguably juiced the enchantment.

50. Annals of silly token launches, #1 in an infinite sequence

One of many largest DEXs on Solana, Raydium deployed a meme coin on a brand new token launchpad, however it backfired and “did not precisely go as anticipated,” with two equivalent tokens created and the primary dropping 92% in simply 10 minutes. The token initially had spiked to a $7 million market cap, earlier than plummeting to $488,000. “Is it rug?” requested one well-trained Discord consumer.

51. Annals of silly token launches, #2 in an infinite sequence

Think about a meme coin that didn’t pump earlier than it could possibly be dumped. That was the case with a star coin apparently promoted by Brazilian footballer Neymar Jr, bassist and lyricist for Pink Floyd Roger Waters, and a lot of different highly-followed accounts, together with the CEO of a luxury lifestyle brand.

Regardless of the celeb tweets reaching over 3 million folks, the token barely hit a market cap of $19,000. In reality, it was held by simply two dozen holders, and had a scant $4 price of liquidity. You’ve in all probability guessed by now that these luminaries had nothing to do with the token, and their X accounts had been hacked.

“It was the saddest launch I’ve ever seen,” mentioned the CEO of on-chain analytics firm Bubblemaps,

52. Binance says a few of its finest buddies are folks of coloration

Binance, the world’s largest crypto alternate, posted a meme to X in June that appeared to counsel that it was discriminating towards its customers primarily based on pores and skin coloration. The alternate, in fact, blamed an intern on its social media group who “lacks the corresponding cultural background” wanted to know what racism is.

“Once they noticed this MEME picture locally, they didn’t perceive its that means and posted it on X. That is our fault, and we’ll ensure to rectify this subject,” Binance wrote. The answer, the agency mentioned, was to rent a brand new intern.

53. Notice to Kraken hackers: Your halloween masks doesn’t idiot anybody

Some genius attempted to access a Kraken account in June by making an attempt to speak a customer support rep into giving him entry. The man was actually sporting an inexpensive Halloween masks.

“Our agent was like: That is completely ridiculous. This can be a rubber masks the man’s sporting,” Kraken Chief Safety Officer Nick Percoco instructed Decrypt.

54. The rugging and resurrection of the TrumpCoin

The Solana-based meme coin TrumpCoin—which launched in June amid a flurry of boasts over its claimed however nonetheless unproven connection to former U.S. President Donald Trump—misplaced 92% of its worth after a hearty rugging.

The DJT token, impressed by the President-elect, went into freefall after the biggest whale and proprietor (20% of the provision) offered off $2 million in tokens—some 2 billion of the suckers—in a single huge dump. The token’s market capitalization plummeted from $55 million to $3 million in minutes. Ah, however who’s laughing now? The token almost doubled its all-time-high value after Trump gained the election, earlier than plunging again to the ground.

55. America’s sweetheart awakens

Haliey Welch, aka the Hawk Tuah Girl, launched a HAWK token. Sooner than you’ll be able to say “spit on that thang,” the token climbed to a market capitalization of $490 million… earlier than instantly collapsing by more than 93% in value. Some $3 million was pocketed by individuals unknown.

“Haliey’s group has offered completely no tokens in any way,” her folks mentioned, denying they orchestrated a rug pull.

Welch tried to reply questions from heartbroken buyers in a Areas, however when the going obtained robust, Welch obtained going: “I’m gonna go to mattress” she mentioned, and stop the chat, seemingly by no means to return to Crypto Twitter or our hearts once more. Lastly, on December 20, Sleeping Beauty awoke from her 372-hour slumber to proclaim that she’s working with the legislation agency that sued the HAWK token’s creators.

56. Hamster therapeutic massage

Who knew that these private therapeutic massage units had been good for one thing apart from intercourse toys? Russian avid gamers, that’s who!

On-line retailer Wildberries reported a 179% month-over-month gross sales spike for percussion massagers in June, which was attributed to gamers of the massively common Telegram recreation, Hamster Kombat.

Apparently somebody discovered that they might jack up their in-game coin earnings by utilizing the factor, which pulses quickly to ship quicker display screen faucets than a human participant can. However on condition that the sport’s broadly disappointing airdrop delivered “dust,” we’d be shocked in the event that they earned sufficient to even cowl the price of the vibrating system.

57. Too huge to fail and not return as a crypto firm

It’s baaaack: Enron, the image of fin de siècle dotcom extra, announced via X in early December that it was returning to “solv[e] the worldwide power disaster” with the help of decentralized know-how. Whether or not it’s a parody, actual tried comeback, or actual tried comeback that ends in parody stays to be seen. Within the meantime, the agency says “permissionless innovation” can be central to its comeback.

58. Biting the banana that feeds you

We don’t know something about artwork, however we find out about dumb. And it’s debatable what’s dumber: Shopping for a high-concept piece of artwork—a banana duct taped to a wall—for $6.2 million at a Sotheby’s public sale, or consuming the banana later. Each of which Justin Solar, the P.T. Barnum of crypto, did in November. That mentioned, he was inspired to routinely substitute the banana anyway.

As a gesture of excellent will, Solar introduced that he would purchase 100,000 bananas from the identical New York sidewalk stall the place the unique banana got here from—claiming he’d distribute them worldwide free of charge. However it was shortly revealed that this simply isn’t attainable. The seller mentioned they’d barely make any revenue, and even then the logistics are a nightmare.

59. Even in jail, the scammer often called Razzlekhan retains on shilling

Heather “Razzlekhan” Morgan, infamous for her position within the infamous $10.8 billion Bitfinex hack in 2016, has written a track! It’s, apparently, a rap devoted to the love of her life, husband and associate in crime, Ilya Lichtenstein, whom she hasn’t seen outdoors of a courtroom for 3 years. The track, which she says was written throughout a stint in solitary confinement, was launched in a video and ends on an upbeat word: “Carry on praying for what the long run brings. Inshallah.”

60. Congressman digs canine wif ski masks

A meme coin primarily based on a canine in a ski masks pumped this month, apparently as a result of U.S. Congressman Mike Collins (R-GA) acknowledged that he purchased as a lot as $30,000 of it.

“I appreciated the cash, so I purchased them,” the no-nonsense Collins told Decrypt. “Washington and Wall Road have stigmatized rising know-how within the crypto ecosystem for much too lengthy, and it’s about time that we begin treating this trade with the respect it deserves.” This isn’t dumb.

61. “Don’t fear about it”

Remilia Company took $20 million in a pre-sale for its CULT meme coin, then nothing occurred for six months. Anybody who expressed concern was flooded with feedback of “Don’t fear about it” from CULT members, regardless of those self same folks spreading fake news that the token launch had been cancelled.

Group members told Decrypt that they discovered it “humorous” that individuals had been apprehensive. The token did ultimately launch in December.

62. Saving Democracy, one battle royale at a time

Well-liked battle royale recreation Off the Grid added participant skins impressed by Donald Trump and Kamala Harris by way of its November “Save Democracy” content material pack. The pack included two “Epic” weapons, in addition to character emotes that present the fake politicians both constructing a wall or tossing a molotov cocktail. Better of all, the skins use true-to-life voices, with Trump saying “I really feel like a Democrat” when he’s injured, or Harris quipping “Tax that fucker” when capturing at an enemy.

63. Rug your pals for enjoyable and revenue, with out danger

Haven’t got the ‘nads to create a meme coin, pump it as much as a billion market cap, after which rug the poor schmuckos holding it? Then Rug.fun is the sport for you! It simulates all of the enjoyable—and dumbnasity—of the actual deal. Constructed on Coinbase’s Ethereum layer-2 community Base, gamers gamble on 10 tokens, eight of which can be rug pulled.

64. Each time you tickle a cat an angel will get its wings

Tapos is a “tickle-to-earn” recreation on the Aptos community that prompts customers to tickle an on-screen cat for HEART tokens, serving to the community report over 200 million transactions throughout two days in Might. The Notcoin-esque cat clicker recreation records every click on-chain.

In August, the positioning claimed to have surpassed a total of 500 million transactions. However weirdly, it has since stopped giving updates.

65. X Empire gamers whine to an detached Elon Musk

Guys, regardless of the bizarre “X” in its identify, X Empire has completely nothing to do with X the social platform—regardless of it being beforehand referred to as Musk Empire. Obtained that? In October, the Telegram tap-to-earn recreation X Empire revealed airdrop allocations to customers, prompting a bunch of dim, ineligible gamers to tweet their complaints to Elon Musk.

“Completely rip-off venture backed by your identify,” tweeted one participant. “X Empire. Elon Musk. Musk Empire. Do interrogation on X Empire group. They’re identical to scammer.”

For sure, the proprietor of X and grasp of all he surveys didn’t reply. Notice, lads: Sooner or later, don’t vent at Musk for x-rated films or something having to do with x chromosomes. He isn’t answerable for these both. But.

66. See you, would not wanna be you

When Fantasy High, a SocialFi recreation that incentivized influencers to farm Twitter engagement, went viral this summer time, a degen often called Franklin determined to submit each 5 minutes to maximise his factors. Deadpan and constant, gotta respect it.

Franklin, for individuals who had been round for the NFT bull run, can be well known for sharing his Ls, together with dropping $150,000 in a “prank” NFT bid that he admitted was the “fumble of the century.”

67. Kamala is nowhere to be found-ala

For some time, it regarded like Kamala Harris was actually taking an interest in crypto and may rethink the Biden administration’s clueless crypto insurance policies. It additionally appeared like she may even communicate at Permissionless, Blockworks’ annual convention. And for some time, it even regarded like she may win the Normal Election.

None of these items got here to go.

68. Donald Trump loves him some crypto

The President-elect, in contrast, embraced the crypto neighborhood. Notably, he delivered a rambling speech in July on the huge Bitcoin Convention in Nashville, the place he uncovered how little he knew about crypto. His connection to crypto hardly stopped there.

In an interview with Rug Radio (like Decrypt, an entirely owned subsidiary of Dastan), Trump shilled his new “World Liberty Monetary” venture, which appears to be headed toward some kind of stablecoin offering. This appears very a lot consistent with the entire ethos of crypto!

69. Litecoin? Extra like shitecoin

After years of building itself as a authentic decentralized digital forex, Litecoin’s Twitter intern determined to rebrand the venture right into a meme coin.

“As a consequence of present market situations I now determine as a meme coin,” the Twitter account posted, {followed} by a spree of shitposts together with the creation of a stickman mascot called Lester. Mockingly, this preceded a 79% value bump. Gosh, what a dumb—and lovable—trade that is!

Bonus Merchandise: Let she or he who’s with out dumbness forged the primary stone…

Decrypt had a metric shit ton of dumb errors final yr, however delicacy prevents us from printing all of them once more. This is to many extra in 2025.