Good morning and happy Humpday!

Memecoin season is officially upon us, and while you may already be shaking your head at this there are folks making lifechanging money because they understand brain-rotting internet humor.

My personal favorite is $NICK on Solana and the “I Choose Rich Everytime” meme. In a short few days, the memecoin based around Nifty Portal founder NFTNick has shot up over 150,000%.

How does this happen? A valid question. Internet momentum is the only answer I have for you.

It started with a goofy character (NFTNick) making cringey videos about how rich he is. The steam picked up when the X platform’s Community Notes couldn’t get the joke and continued to call out the fact that Nick doesn’t own a lot of the luxury goods he claims to own.

What the Community Notes did not understand is that it just fueled more cringey and frankly comedic content from Nick.

This culminated in a blog post by Barstool’s Jack Mac followed by an appearance by Nick on Dave’s trading podcast.

The momentum is still running and honestly it shows no signs of slowing down.

The internet is a weird place, and sometimes the dumbest stuff can turn people into millionaires. We are definitely back.

-Wally

Key Stories

Speedrun

• On This Day

• Your car is a snitch!

• Headline Palooza

• Decent Destination

On This Day

1781: The Discovery of Uranus (hehe)

In 1781, the astronomical community got a little bigger with the discovery of Uranus, marking a 'giant' leap in our understanding of the solar system. Yes, go ahead and chuckle at the name – it's been the butt of jokes for centuries. But let's not forget, this discovery expanded our cosmic horizons and, pun fully intended, opened up a whole new world of possibilities. Uranus, you've been keeping us in awe (and giggles) since the 18th century.

Technology & Data

Your Car is a Snitch

So, your car might just be snitching on your driving habits to your insurance company. Yeah, welcome to the age where your data's worth its weight in gold, or maybe even more. The New York Times dropped a bombshell, revealing that big names like GM, Honda, Kia, and Hyundai are playing tag with your driving data, passing it off to data brokers like LexisNexis. And where's this digital goldmine ending up? Right in the lap of your insurance provider.

Ever wonder why your insurance premium took a hike after you got that shiny new ride equipped with all the smart tech? Chances are, you unknowingly agreed to some fine print that turned your driving patterns into a payday for them.

This whole scenario begs the question: where do we, as consumers, draw the line? Sure, I'm all for data sharing when it means better products and services. I get it; I'm in marketing. But when does it go too far? We're so accustomed to trading our privacy for a slice of convenience that we might wake up one day with nothing left that's truly ours. Today it's car data for insurance; tomorrow, your fridge might rat you out to your home insurer.

The irony? In this tech-driven era, clinging to your personal data is becoming a Herculean task. Yet, here's where concepts like DePIN could swoop in to save the day. If your data's going to be sold anyway, shouldn't you be the one cashing in?

As we navigate this tangled web of decentralization, blockchain, and AI, the lines between our digital and physical lives blur. The question isn't if these advancements will seep into your daily routine; it's whether you'll steer the ship or be swept away by the current.

And here's a fun fact to chew on: your car is officially the least private place for your data. So next time you're venting about your boss on your drive home, remember, it's probably not just your car listening in. Welcome to the future, folks; buckle up, it's going to be a wild ride.

Headline Palooza

Decent Destinations

Huacachina, Peru

Huacachina, Peru, is an oasis that looks like it's straight out of a storybook, nestled in the midst of towering sand dunes. It's a desert gem where you can go from sipping Pisco sours by the water to boarding down sandy slopes in a heartbeat. Huacachina offers a unique blend of thrill and tranquility, making it a must-visit for anyone looking to add a dash of the extraordinary to their travel tales.