# 8 Hot Investing Plays

*Author: Bankless*
*Published: May 9, 2024*
*Source: https://www.bankless.com/fr/8-hot-investing-plays*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Frame-50474--7--2--1-.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=8-degen-investments-to-watch&email=true)

  

8 Hot Investing Plays
  

  
  Published on May 9, 2024

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[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=8-degen-investments-to-watch&email=true) — Mass adoption of decentralized & token-governed technologies.

[Visit mantle.xyz to Learn More](https://www.bankless.com/sponsor/mantle-1706216729?ref=8-degen-investments-to-watch&email=true)

.  .  .

 
  
    

    INVESTING

  
  
    
   
8 Degen Investments to Watch
  
  
   
     
     Bankless Authors: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet) &
         [
       
       David C.](https://twitter.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-09T172354.015.png)](https://www.bankless.com/8-degen-investments-to-watch)**On the hunt for massive returns on the frontier of crypto? **

In today's report, our analysts zero in on tantalizing (and risky!) crypto investment plays across memecoins, DeFi, and NFTs. These **top 8 degen crypto opportunities** focus on providing you with the basic information and objective assessments on the plays that have us buzzing with excitement!

*This analysis is for Citizens Only! *👇

[🔒 Get All The Alpha](https://www.bankless.com/8-degen-investments-to-watch)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Canada Fines Binance
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--22-.png)](https://www.bankless.com/dashboard)- 🇨🇦 **Binance fined by Canada.** Binance is still serving as a regulatory punching bag, receiving a fine for $4.4M from Canada’s FINTRAC agency for breaching registration and reporting rules, [Bloomberg reports](https://www.bloomberg.com/news/articles/2024-05-09/binance-fined-4-4-million-by-canada-watchdog-for-rule-breaches?utm_source=telegram&utm_content=crypto&utm_medium=social&embedded-checkout=true).
- 🐶** VanEck launches memecoin index.** VanEck’s MarketVector has [started a new index](https://www.coindesk.com/markets/2024/05/09/vanecks-marketvector-starts-index-to-track-the-largest-meme-coins/) centered on some of the top-performing memecoins, including PEPE, WIF, DOGE, & BONK.
- 💎** TON’s wild ride continues.** Toncoin [continued its upward surge](https://decrypt.co/230129/toncoin-spikes-notcoin-rollout-bitcoin-ethereum-trade-flat) ahead of the rollout of the NOT gaming coin; TON is now the 8th most valuable token by market cap.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
Trump's Crypto Embrace
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-09T172402.347.png)](https://www.bankless.com/trumps-crypto-embrace)**📊 Trump Pump.** Crypto had a mainstream moment last night at 2024 US Presidential candidate Donald Trump’s NFT trading card gala. *Could a Trump re-election be bullish for the crypto industry, and what tokens managed to pop off?*

[Read More Analysis on Bankless.com](https://www.bankless.com/trumps-crypto-embrace)

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.31T
       

  
    
    ↗ 1.7%
    
  

   
    
    ↗ 4.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $62,549
       

  
    
    ↗ 1.8%
    
  

   
    
    ↗ 5.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,021
       

  
    
    ↗ 1.8%
    
  

   
    
    ↗ 0.8%
    
  

  

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