For the week of August 3 — 10
Hi Hegends and welcome to another issue of This Week in $HEGE! As usual there's been lots going on. In this week's edition we'll cover our latest addition to the League of Hegends, the new DRiP set that just dropped, and the long-awaited Hege plushie now available in the Hege Merch Store.
Enjoy!
In the markets, Ethereum stole the show
Before we get into Hege, let's start off with a short market update as usual.
Last week, as markets were down after the tariff and job numbers scares, we had this to say about the stock market:
If we take a step back and look at the bigger picture though, so far this pull back is not large, and it could well turn into a normal correction in a strong uptrend.
... and this about bitcoin:
[...] The [BTC] breakout has not been invalidated, and the price target remains at $142k. So with that in mind, it’s much too early to call any tops.
Let’s see what the stock markets do this week in response to last week’s tariff news. But for now, a mindset of patience and buy-the-dip seems the most rational.
And well, that turned out to be the right call. Stocks bounced back. Bitcoin bounced back. Alts bounced back.
But the one that really stole the show last week of course was Ethereum. A big pump took it straight through the $4,000 level that has been holding it down since almost 18 months back. The old all time high from 2021 around $4,900 is not far off now.
ETH finally getting its groove back after having been struggling for so long (especially compared to BTC) is very promising for the upcoming alteason we're all looking for. Fingers crossed!
Welcome to the League of Hegends, PlantFaceAsh!
Turning to Hege news, on Monday the League of Hegends got a new member: PlantFaceAsh.
Nobody is more worthy of a place among the great Hegends than Ash, and JB put it best:
A myth. A man. A Hegend. PlantFaceAsh (AKA MMAlegend6969 AKA do NOT f*ck with me) has helped truly make Hegecoin what it is today—a brand. From working with artists to establish Hegecoin on DRiP, to nearly singlehandedly crafting the merchandise store, to laying the smackdown to FUD-ers and scammers in chat (and recently, even exposing a scammer outside of the community), PlantFaceAsh has solidified himself as one of the most Hegendary Hegends in the space. We are eternally grateful for his help, his persistence, his creativity, and most importantly, his extensive use of 69.
You're a beast Ash! Hege is both lucky and proud to have you with us. 🦔❤️
New DRiP drop: 🔥🦩 Hegecoin Trailer Park 🔥🦩
This week also saw a fresh Hege set drop over on DRiP. This time we're taking it to the Trailer Park.
Here are the details:
👀 Eternal: Peeping Helena
→ Available in Store
🌭 Ultimate: Meathead BBQ
→ Top 5 with 6900+ droplets
→ Includes all rarities below
🍺 Legendary: Trailer Trash Hege
→ 1000 droplets
💦🔥 Rare: Shenanigans
→ 420 droplets
🚔 Golf Buggy Chase
→ For all
Big thanks to our fantastic artist Elena for the artwork, and to Chris for developing the theme.
Now, what are you waiting for!? Go check out the set!
Hello, Hege Plushie!
Finally. After travelling around half the globe, the Hege plush toy has made it onto the Hege Merch Store. The item description from the store says it all:
This Hege Plushie is your cuddly crypto sidekick, rocking that iconic grin and trench warrior aura. Ultra-soft, perfect for desk vibes or jeet-yeeting.
Whether you're chilling at a Solana meet-up or battling FOMO in Sol Vegas, this plushie's got your back, reminding you to stay diamond-handed and keep stacking your bags.
Limited stock, so grab yours before it's just you and your tears.
Shoutout to JB for travelling the world to make these a reality! True Hegend 🫡
Get yours in the Hege Merch Store!
Up ahead in the coming week
If you've tuned in to Hege Hangouts, you know that we've started working on a series of new animations to be released over the coming months. So expect to see them start popping up on TikTok and other places going forward. (The first one has already dropped!)
Meanwhile, the $HEGE sticker competition continues. Read all the details in the blog post. Also make sure to check out the new sticker design that Chris created.
And of course, don't miss the next Hege Hangouts. Like last time, it will be hosted on X. The date and time is Friday, August 15, at 15:00 UTC (8 am Pacific Time, 11 am Eastern Time). See you there!
Thanks for reading
That's all we had space for this week. BIG thanks to everyone in the community who contributed something this week. You're all awesome!
Until next week,
— Team Hege
PS. If you're not in our Telegram already, get in there! It's always the best place to hang out and get the latest on what's going on. Find the link here: https://linktr.ee/hegefund
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