TLDR Crypto · MISCELLANEOUS
BEFORE BITCOIN, THERE WAS GP: RUNESCAPE'S GOLD PIECE GETS TOKENIZED
Summary from the TLDR Crypto newsletter
$GP, a Solana memecoin launched September 8 on StonkFun and paired against GLDx (Backed's tokenized SPDR Gold ETF), positions Old School RuneScape's in-game currency as the original digital money predating Bitcoin. The 1 billion fixed-supply token distributes a 3% transfer tax to holders in GLDx rather than native SOL, with zero team allocation and burned LP. In its first eight days, 73,414 payouts sent $169,000 in tokenized gold to 2,085 wallets while the market cap swung from a $6K launch to a $4.86M peak and settled around $4.15M.