Crypto Buzz: Yearly BTC Highs, Starknet's Milestone, and Airdrop Opportunities!
AI interviews, Pontem Network and MoveVM, Real Estate, and Starknet!
It is a very busy market in crypto, with BTC and Ethereum hitting new yearly highs ($52,000 and over $3,000), the launch of the Starknet STRK token, and tons of interviews this week.
Starknet finally launched their STRK token on the Starknet Blockchain, with over 1 million users eligible to claim tokens for free from contributing to the ecosystem over the past few years. The blockchain currently has a fully diluted valuation of almost $20 billion. Incredible. On average, people who did transactions over a few months on Starknet received $2-4k in the airdrop, but some developers that contributed a lot earned as much as $250k.
2024 is going to be a huge year for new platform and token releases, as well as more airdrops from multi-billion-dollar ecosystems, any of which could be the next financial system standard of the world. I will do my best to keep you updated on good projects as they launch, and how to qualify for these airdrops which could earn you $10,000+ per drop!
Let’s dive into the projects I spoke with this week, the airdrop tasks I have been doing, and where Bitcoin and Ethereum stand in the market. Buckle up, this is a big one!
Firstly, I spoke with Bart De Bruijn of EstateX, who is tokenizing real estate and breaking down the barriers so more people have the ability to invest in real estate for the first time, with as little as $100.
We discussed the size of the real estate industry, how it is merging into Web3, the upcoming launch of the ESX token and pledge platform, and how they are even able to give away a Lambo to one lucky participant.
To learn how to get involved, check out their pledge page.
This is just the start of Real Estate and blockchain merging. Brock Pierce, Evan Luthra, The Birb Nest and other major celebrities are jumping on board with EstateX to support this cause. If you’re a real estate investor or thinking about it, definitely pay attention to this one!
This week I also spoke with Alejo Pinto of Pontem Network. Pontem has developed a Layer 2 solution called Lumio, which is still in the testnet phase. Pontem uses the Move VM Programming language, the same virtual machine used by Aptos and Sui blockchains, as well as Supra, which is coming out in the near future.
This could likely be a multi Billion Dollar blockchain and the Founder who we spoke with was “genius” level, so I would recommend listening into the conversation and keeping an eye on the development for Lumio to understand more about the Move blockchains and how they fit into the world of Web3.
The STRK airdrop token is live! We speak with the CEO of Braavos Wallet on the latest updates in the Starknet ecosystem, security and privacy on Starknet wallets like Braavos, how Starknet will continue to grow in 2024, and more!
👇 Watch the Full Interview:
Minterest's success continues into new trading pairs on Mantle, $5M TVL and NFT launch pre MINTY!
Minterest, the secure high-yield DeFi platform, now has almost has $5M in TVL pre-launch and they are starting with the Minterest NFT boosts on march 18, 2024, which boost yields up to 50% on top of what they already are. Learn more about the Minterest NFT’s.
Check it out the main DeFi platform here.
The AI narrative is very hot right now across Web3. Coins like AGIX, GRT, RNDR, and FET all bounced back hard after this small correction this week.
I spoke to a more speculative AI Startup called AIMeme that has created AI Meme Companions so ChatGPT is not just some boring text. It’s just in launch phase now but it’s an interest concept, especially with how popular Meme’s have become across the blockchain industry.
Other Crypto News:
European Central Bank says Bitcoin fair value is still zero, and it's not suitable as means of payment or as an investment.
Terra Founder Do Kwon to be extradited to the United States.
Jeff Bezos sells another $2.37 billion worth of Amazon stock with a total of $8.4 billion AMZN shares sold over the past two weeks. Stock market crash incoming?
New picture release of Sam Bankman Fried with his cellmates in jail.
Capital One to acquire Discover for $35.3 billion, CNBC reports.
Genesis gets court approval to sell $1.6 billion in #Bitcoin & Ethereum trust shares.
Reddit Announced That It Converted Its Excess Cash into Bitcoin and Ethereum
Satoshi Nakamoto’s Emails Revealed from 4 Months Before He Created Bitcoin.
a16z invests $100 million in Ethereum protocol EigenLayer
Market Analysis:
Analyzing Bitcoin on the 6-hour chart, BTC has been trading within the range of $50,500 and $52,000 for a week now. It's amazing to see BTC maintaining levels above $50,000 following the launch of the BTC ETF, which continues to attract significant capital inflows into Bitcoin.
Although there are some confirmed bearish divergences on the 6-hour chart, BTC remains firmly above $50,500. With 54 days remaining until the Bitcoin halving, I anticipate further market fluctuations and attempts to shake out weak investors before resuming the uptrend towards all-time highs.
A healthy scenario for Bitcoin would involve a liquidity flush down to around the $47,000 level, or even a temporary dip to $45,000 towards the 200-day moving average, before resuming its upward trajectory.
Ethereum also looks very good right now, but could be due for some dips as it sits atop the local channel. Ethereum has tested above $3000 a couple of times and is being pushed back into the $2900 range. Whichever direction Bitcoin moves, Ethereum will likely move the same.
I still stand by the fact that I think Ethereum could outperform Bitcoin on the way to the halving, as we also have the potential discussion of an Ethereum ETF to hit the markets less than a few months after the halving event.
Be cautious about making new positions when you see charts like this on ETH where the price is sitting at the top of a channel resistance. Once ETH breaks $3100 and then comes back down to build support at the psychological $3k level, it is safer to go all in. Before then, expect dips into the $2700 or even $2600 range. Those levels would be amazing to see for long-term plays.
AI projects are performing exceptionally well at the moment, with FET, RNDR, AIX, AGIX, and others showing significant upward trends on the charts. The AI narrative may persist for several more months, so it's worth exploring new AI investment opportunities.
Airdrops:
Calaxy $CLXY Airdrop:
Calaxy app is currently running an onboarding campaign. Create your social account and wallet on Calaxy.com, and you'll receive $15 in CLXY in your wallet at the end of the month. If you invite two others via the text function, you can also earn $30 from each. Easily install the web app here.
CLXY has also been growing rapidly, with liquidity on Sauceswap reaching almost $700K, up 45% recently. Calaxy now boasts 30,000 daily active users, but I believe it's just the beginning.
Important Note: I am a part of the Governing Council for the Creator Galaxy Protocol, assisting the team in growing The Creators Galaxy Ecosystem, with Calaxy being the first application in the ecosystem.
It is truly an amazing project, and the Founder and Executive Chairman is Spencer Dinwiddie of the LA Lakers, with current CEO Solo Ceesay. They aim to be one of the biggest Social Wallets not just on the Hedera Blockchain but across Web3 altogether.
Linea Airdrop:
Our best hope for a big airdrop coming up is the LINEA blockchain.
It's still possible to accumulate LXP (Linea XP) as Linea just released a new Linea Park Quest, which gains LXP that will definitely count for the airdrop.
Start the quest here.
It just opened this morning, and around 50,000 participants have started it so far. You are early!
zkSync:
Claim these limited time NFT's on zkSync to be eligible for zkList when it launches.
STARKNET Airdrop:
STRK claim portal announced! (Part 1, There will be more airdrops in the future, Q3-Q4?)
Snapshot date was November 15, 2023. Check if you received the airdrop.
You can claim STRK tokens between February 20th and June 20th, 2024, if you qualify.
Much of the eligibility criteria were for developers and early active users. Here is one of the main criteria for which you would likely be applicable: If you used Starknet more than 5 times during 3 different months, transacted with at least $100 before November 15th, 2023, and had 0.005 ETH or more in your account on that date.
STRK is holding steady just under the $2 mark, and as long as Bitcoin and Ethereum hold their ground, I believe we may see a gradual upward movement over the next month, similar to how other airdrop coins have performed post-launch. It's great to see how many airdrop coins have increased in value after launch, especially considering that people could be selling their free positions.
Here are some stats behind the Starknet airdrop as well, for the data nerds!
If you’re looking for even more Airdrop alpha not in my newsletter, please join my Telegram for daily updates on how to capture the most value out of the Web3 ecosystem.
Thanks for reading!
-Ashton Addison, CEO of Crypto Coin Show