Crypto's Wildest Airdrops ($)
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- 🇨🇳 China Hacked the US Treasury Dept. The Biden Admin disclosed that China had gotten covert access to workstations of Treasury Dept employees via a compromise of the software company BeyondTrust.
- 🦾 AI Agent Platform ai16z considers L1 Launch. The AI Agent investment DAO plans a tokenomics overhaul and other upgrades amid price surge.
- 📉 MicroStrategy Buys More BTC as Stock Falls. Despite MSTR price sliding 15% since Christmas, the company added another $209M in BTC.
📸 Daily Market Snapshot: MicroStrategy stock has been one of the year's hottest trades, up 342% this year, but after a stratospheric rise peaked in late November, the stock has seen an intense slide. MSTR is down 44% from its 52-week high, sinking 8% just today.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $3.24T | ↘ 0.9% | ↘ 1.2% |
|
BTC $92,078 | ↘ 1.2% | ↘ 1.9% |
|
ETH $3,313 | ↘ 0.9% | ↘ 3.1% |
In 2024, crypto developers mastered the art of the airdrop. A number of protocol teams capitalized on industry-wide bullish momentum and onboarded hoards of new users chasing airdropped tokens.
From STRK disappointment to record-shattering HYPE, each protocol’s differentiated approach to the token drop unveiled valuable insights around how token distributions can shape ecosystems, spark innovation, and catalyze broader market trends.
Today, we discuss the implications of 2024’s five most interesting airdrops 👇
Want to make an impact? Apply for a grant! The Cartesi Grants Program Wave 2 is accepting proposals over the next 6 months, with a funding budget of $500,000 in CTSI to support builders. Not a dev but know talented devs? Refer them to the program and become eligible for a DevDrop reward!
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