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Citizen Daily Brief

5 Risky Crypto Plays ($)

gm Bankless Citizens, airdrop mania is sweeping crypto, what are you hunting?
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Dec 7, 20233 min read
5 Risky Crypto Plays
Published on Dec 7, 2023
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Sponsor: Kraken — Sign up for an account and see what crypto can be.

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NEED TO KNOW
Do Kwon's USA Extradition
  1. 💰 Do Kwon extradition coming. Terra may be having a moment, but Do Kwon is not. Montenegro is ready to extradite Kwon to the US, the WSJ reports.
  2. ∞ LayerZero confirms token. Amid airdrop mania, the team confirmed a token was coming and would likely arrive in the first half of 2024.
  3. 🟠 Block debuts BTC wallet. Jack Dorsey's Block debuted Bitkey. The $150 self-custody crypto hardware wallet ships early next year.
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TODAY IN MARKETS
Jito Airdrop Stuns

📊 JTO is here. Solana airdrop season did not come to play games. The heavily anticipated token from Solana-native liquid staking protocol Jito launched this morning. Disciples of the Bankless Airdrop Hunter woke up with thousands of dollars worth of the new token; some claimants are walking away with 6-figure bounties 🤑

Prices as of 5pm ET 24hr 7d
Crypto $1.61T ↗ 0.7% ↗ 13.4%
BTC $43,381 ↘ 1.2% ↗ 14.8%
ETH $2,370 ↗ 5.2% ↗ 15.8%
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INVESTING
5 Degen Investment Opps
Bankless Author: Jack Inabinet

It's a bull market, and there's a lot of risk and volatility to tap into if you're hungry for big returns. In today's article, we highlight 5 tokens and protocols we're watching as degen-only investing opportunities.

Get the full analysis on our website 👇


FRIEND & SPONSOR: KRAKEN

Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.

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LATEST POD
The Bull Case for $TIA

Celestia’s token ($TIA) just dropped. The crypto community has shown a lot of excitement around this launch. What is so valuable about Celestia? What is its vision for crypto? How, if successful, will Celestia change the crypto landscape?

Get all of our thoughts 👇

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LEARN
What We're Reading
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    GAMING
    Immutable's Big Play

    We’re exploring the frontier of crypto gaming! The seeds of the crypto gaming thesis are looking to play out. David hosted Robbie Ferguson from Immutable and Marco van den Heuvel from Merit Circle for a conversation on the future of crypto gaming.

    Listen to the full conversation 👇

    Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

    Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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