Weekly Recap - Dec. 10th

AIRDROP SEASON 🪂

Author

Michael Blake
December 10, 2023

Weekly Recap - Dec. 10th , 2023

Top News Headlines

  • Bitcoin surpasses $44k, analysts say it’s just the beginning - Read More

  • Macro conditions, ETF optimism collide at the right time ahead of bitcoin halving - Read More

  • JPMorgan’s Jamie Dimon: I’d shut crypto down - Read More

  • Robinhood looks to jumpstart crypto trading revenue via EU expansion - Read More

Top Crypto Prices by Market Cap.

1. Bitcoin $42,179.53 7D 3.5%
2. Ethereum $2,2453.33 7D 1.5%
3. BNB $233.22 7D 1.9%
4. XRP $0.627 7D 0.0%
5. Solana $70.73 7D 10.1%

6. Cardano $0.559 7D 38.9%
7. Dogecoin $0.1008 7D 16.7%
8. Avalanche $36.48 7D 64.7%
9. TRON $0.104 7D 0.9%
10. Polkadot $6.87 7D 22.7%

Source: Coingecko Price Feed, Dec. 10th 2023, 11:20pm EST. Data excludes Lido Staked Ether, and stablecoins USDC and USDT.

Spotlight: AIRDROP SEASON 🪂 

Just in time for the holidays, crypto airdrops are officially back!

Is there any better feeling than receiving free money from the sky??

Many crypto investors have felt this exuberance the last month as many projects have begun rewarding the early users of their platforms with free tokens. And it should be no surprise which blockchain is leading the way in terms of airdrops - Solana, the hottest ecosystem of the year.

Recent Airdrops

Two of the biggest recent airdrops came from Solana-based tokens: Python Network and Jito Network. The first is an oracle data provider similar to Chainlink, and Jito is a liquid solana staking provider.

Early and active users of both these protocols saw insane amounts of value instantly appear in their wallets the last few weeks, and now people are scrambling to make sure they dont miss the next one.

Future Potential Airdrops and How to Qualify

  1. @phantom - the most popular wallet on the Solana network.

    - Download broswer wallet extension

    - Fund with SOL, make swaps within wallet, interact with other Solana based applications

    - Company recently raised $118M 🤫

  1.  @DriftProtocol - the smoothest DEX and perps exchange built on Solana

    - Visit https://app.drift.trade, and connect your phantom wallet

    - Start trading USDC/SOL or other pairs and focus on building trading volume. Bigger volume = bigger airdrop

    - Company just raised $3.8M and has already confirmed an airdrop will be coming

  1.  @tensor.hq - Solana’s leading NFT marketplace

    - Visit tensor.trade, and connect your phantom wallet

    - Earn points by listing, bidding on, and trading NFT’s

    - Airdrop is confirmed and will be similar to Ethereum NFT marketplace Blur

The above is just a small set of protocols that will likely be launching tokens and airdrops over the next few months as the next crypto bull run approaches.

As new announcements are made, we will keep our readers aware so you can be the next to receive free internet money! 🪂

As always, thank you for reading the Weekly Recap by Digital Asset Insights, and please share with your friends and family!

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