Daily Brief

ETH's Revenge Run

gm Bankless Nation, ETH is at the precipice of $3k. Is a retail tidal wave incoming?
Feb 19, 20243 min read
ETH's Revenge Run
Published on Feb 19, 2024
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Worldcoin Pump
  1. 🌎 Worldcoin's meme coin run. Amid Sora-induced OpenAI fever, the WLD token has turned into its own kind of AI meme coin, with the low-float token amassing a massive 180% week-over-week run.
  2. 🐧 Pudgy Penguins briefly flip BAYC. In a shocking move, the Pudgy Penguins NFT collection briefly flipped Yuga's BAYC collection by floor price over the weekend.
  3. 💰 STRK claims go live tomorrow. Starknet's Provisions airdrop will finally launch tomorrow with 7% of the total STRK supply going live for distribution.
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ETH's Revenge Run

📊 $3K incoming? Ethereum is testing the $3K barrier after a weeks-long run-up has brought ETH up 30% on the month, more than holding its own against Bitcoin's outsized run, with the ETH:BTC ratio climbing over the past week as well. Is ETH poised for a breakout, and will retail traders show up to the party?

Prices as of 4pm ET 24hr 7d
Crypto $1.98T ↗ 1.2% ↗ 5.9%
BTC $51,845 ↗ 0.2% ↗ 3.2%
ETH $2,946 ↗ 4.3% ↗ 11.2%
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What Monad Brings to the Table
Bankless Author: Jack Inabinet

Can Monad actually take on Ethereum?

Many of Ethereum’s critics hold valid concerns about its rollup-centric roadmap, which tends to fracture liquidity and complicate the user experience. Instead, they advocate for a monolithic scaling approach that unifies the network into a single global state.

Monad is one of the most promising chains that fits this bill. Today, we’re overviewing what Monad brings to the table and discussing why the chain has a legitimate shot at displacing Ethereum as crypto’s dominant smart contract platform.

Dig into our full analysis 👇


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Endgame 2.0

This is a big one.

Welcome to Part Two of Vitalik’s Endgame, where Ethereum Foundation researchers Mike Neuder & Domothy walk us through the updated Ethereum Roadmap, including The Surge, The Scourge, The Verge, The Purge and The Splurge.

What do all of the 'urges do? Dig in for the full breakdown.

Bankless Citizens get Early Access to our Monday podcast and an exclusive Debrief conversation unpacking the episode 👇

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Earn Airdrops!

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It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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.

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