GM Seedphrases 👋 Welcome to Seedphrase, where lambs become wolves, and bears become bulls

 Today’s Agenda:

• 🔥 Hot Headlines

• 👌 Donald Trump is Back

• 💩 Shitcoins: What You Need to Know

• 🚢 Coinbase Is Done

🔥  HOT HEADLINES

📈 Market Headlines

• Security and Exchange Commission Chair Gary Gensler blames the recent Silicon Valley collapse on cryptocurrency - Learn More

• Micheal Saylor has activated a special Bitcoin “Lightning Address” mapped to his corporate email. In doing so, he has received +$2.40 in tips from fans - Check it Out

• $PEPE meme coin hops into a meteoric rally pumping over 266x in the last few days - Learn More

• Gary Gensler was unable to give a clear answer on whether or not Ethereum was a security, despite his obvious anti-crypto stance - Learn More

🖼 NFTs

• Nike .SWOOSH air-dropped over 106K .SWOOSH members a poster showcasing shoes that were voted on in late 2022 - Learn More

• Moonbirds release their first Short Film, Shrine of the Diamond Totem, as part of their Diamond Exhibition experience - Check it Out

• Top 10 Performing Collections on Magic Eden Polygon for April 10 - April 17 - Check It Out

🤝 TOGETHER WITH MASTERWORKS

Microsoft Co-Founder’s $1.5B+ Sale Highlights “Safe Haven” Asset

Last November, Paul Allen’s historic art collection shattered the record for largest-ever sale in auction history.

The fact that the blue-chip art market is still setting records amid major drawdowns in financial markets, and macroeconomic turmoil, highlights why it can be such a strong alternative diversifier. In fact, the high-end art market also remained resilient through downturns like the dot-com bubble and Great Financial Crisis in 2008.

But this time around, it’s not just billionaires benefitting.

Thanks to Masterworks. This award-winning investment platform allows people to invest in shares of multi-million dollar art by names like Banksy and Picasso. So far, all 11 of Masterworks’ sales have been profitable, the last 3 realizing 10.4%, 35%, and 13.9% net returns respectively.

Due to high demand, offerings can sell out in just minutes, but [Newsletter] readers can now skip the waitlist with this referral link.

👌 DONALD TRUMP IS BACK

No way the NFT space can get any crazier, right?

WRONG 👌 (Read that in a Donald Trump voice)

Former President Donald Trump has announced Trump Digital Trading Cards Series 2, the second iteration of the somehow popular Trump Trading Card collection.

Unlike every other project in Web3, Donalds moves FAST, announcing that Series 2 is “AVAILABLE RIGHT NOW.”

Yes, caps and everything.

How Do You Get a Series 2? Unfortunately, the Series 2 collection has already sold out. Yes, you have once again faded generational wealth (probably not, lmao)

What's the Difference Between Series 2 and Series 1? Like Series 1, Series 2 was minted on Polyon, and the purchase price remained $99 per card.

However, Series 2 features different art, features, and traits and will have 47,000 NFTs, 2,000 more than Series 1.

Honestly, that's kind of a steal. I mean, who wouldn't want one of these bad boys?

Fun Fact: If you buy 47 Cards, you get a ticket to a dinner with the president at his residence and exclusive club. TALK ABOUT UTILITY

Although this is all fun and games, holders of the Series 1 are feeling the pain. Before this announcement, Trump Trading Cards Series 1 traded at around 0.43 ETH.

However, following the announcement, the Trump Trading Cards Series 1 dropped off a cliff, now trading at 0.15 ETH.

Imagine getting rugged by the President. Couldn’t be me.

💩 SH*T COINS: WHAT TO KNOW

Shitcoins, a one-way ticket to generational wealth or lifelong regret. Sometimes both, most of the time both.

Before we start, it's important you know What Shitcoins Are and Why They are Called Shitcoins

"Shitcoin" is a term used to describe a cryptocurrency that has little to no value or use case.

They often lack a clear roadmap or whitepaper and are highly speculative investments. Not to mention they are incredibly volatile and often subject to pump-and-dump schemes.

Degens after hearing that: GIVE ME THE LOOT 💳💥💳💥💳💥

Although shitcoins are, as the name suggests, shit, they are fun to play around with and can create INSANE gains if done correctly.

Usually, the amount of money one makes is based on how early they get into and out of a Shitcoin. Meaning the later you get in and the longer you hold on, the greater your chance of getting burned.

Even with that said, we here at Seedphrase are big-brain investors. Therefore, I know we can share the secret sauce of How to Find Shitcoins without worry…right? 😅

There are three main methods to the madness:

• Reddit: Reddit is home to some of the biggest degenerates known to man. A great starting place for crypto picks is the r/cryptomoonshots and r/wallstreetbets subreddits.

• Twitter: Twitter is a close second (arguably first) regarding crypto degens. You can spot trending cryptos on the trending tab and use hashtags like #crypto, #cryptogem, etc., to filter.

• Telegram: Telegram is home base when it comes to shitcoins. There are countless pump and dump chats, Uniswap listing chats, etc., that keep track of everything in real-time. @uniswaplistings is a decent place to start.

Now that you understand the foundation of shitcoins, let's dive into What is Hot Right Now and see how you do!

🐸 $PEPE is by far the hottest shitcoin on the market right now.

Over the span of 24 hours, $PEPE is up 203%, with a current price of $0.0000002019 (6 zeros, before you count).

$PEPE has made such a wave that it was even featured in Coindesk and was described as the dog coin killer.

“The most memeable meme coin in existence. The dogs have had their day, it’s time for Pepe to take reign” - Pepe

If you are crazy enough and want to learn more about $PEPE and its mission, check out their official site Here

Disclaimer: It's important to know that when playing with shitcoins, you will likely lose money. There are countless Telegram scam chats, fake Twitter posts, and more that drain you if you are not careful.

Only play with money you are willing to lose, and dont be the next sucker we see on Twitter that made millions off a random shitcoin but lost it end the end!

🚢 COINBASE IS DONE

Kind of like that crazy ex-relationship. The Fed has been playing games for TOO LONG, and Coinbase is OVER IT.

What's the Tea? Coinbase CEO Brian Armstrong has expressed concerns about the need for more regulatory clarity in the U.S. regarding cryptocurrencies and NFTs. He has stated that if the regulatory environment does not improve in the U.S., Coinbase may have to consider relocating or investing more in other countries. (multiple times now)

TLDR: Coinbase doesn't feel like it's working out and thinks they should see other people.💔

It's not me; It's you

In addition to the statement above, Armstrong highlighted the contradictory statements made by different regulatory bodies in the U.S., such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC)

This creates uncertainty for businesses operating in the crypto industry and feels like when your mom tells you to ask your dad after your dad told you to ask your mom.

You know the feeling. It's not the vibe.

What’s the move? Armstrong mentioned that the U.K. could be a potential destination for relocation due to its clearer regulatory framework.

This would be a significant hit to the US in terms of innovation. As the US continues to take its time, countries worldwide are progressing, innovating, and pushing Web3 forward.

The message: USA, GET WITH THE PROGRAM

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😂 A MEME FOR YOU

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.

Masterworks Disclosure: “Net Return" refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at masterworks.com/cd.