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Citizen Daily Brief

How High Can SOL Go? ($)

gm Bankless Citizens, SOL has been the talk of the bull run, but which L1 are investors watching now?
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Dec 12, 2023 โ€ข 3 min read
How High Can SOL Go?
Published on Dec 12, 2023
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NEED TO KNOW
Google's Play Store Loss
  1. ๐Ÿ† Google loses to Epic Games. Epic won its antitrust suit against Google which challenged the Play Store monopoly on Android. The win could shift the future for crypto mobile gaming.
  2. ๐Ÿ”ต Coinbase bringing TradFi onchain. 'Project Diamond' is the exchange's new Abu Dhabi-approved effort to expand tokenized asset trading for non-US customers.
  3. ๐Ÿ’ต KuCoin settles with NY AG. The exchange is dumping NY users, returning nearly $17 million in funds, and paying a $5.3 million fine.
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TODAY IN MARKETS
How High Will SOL Go?

๐Ÿ“Š SOL Stumbles. As broader crypto markets failed to recapture yesterday's losses, Solana's native token fell as much as 8.1% before a partial recovery. Amid the chaos, mSOL, a SOL LST, even briefly depegged. SOL is still seeing major gains this week, but today it was a different L1 ecosystem catching investor attention. ๐Ÿ‘€

Prices as of 5pm ET 24hr 7d
Crypto $1.55T โ†˜ 0.2% โ†˜ 3.1%
BTC $41,229 โ†˜ 0.1% โ†˜ 6.9%
ETH $2,189 โ†˜ 1.5% โ†˜ 3.9%


Notable Movers:

SOL 7d
$67.98

โ†— 12.4%

ATOM 24hr
$11.60

โ†— 18.0%

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AIRDROP HUNTER
New Hunt: Drift

It's Airdrop Season! We're digging into Solana DeFi, and our latest addition to the Airdrop Hunter is Solana-based perpetuals decentralized exchange Drift. The protocol is just one of a handful of hot Solana opps we've added to the app this month. Check them all out! ๐Ÿ‘‡

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GAMING
How to Adopt a Fren Pet

Crypto gaming is a popular investor narrative, but have you played a crypto game yet? Today, we dig into Fren Pet, a relaxed pet simulator built on Base that brings crypto financialization into the Tamagotchi-like experience.

Check out our full tactic on the game ๐Ÿ‘‡


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VanEckโ€™s 2024 Predictions

Today, we have VanEck's Head of Digital Assets Research giving his predictions for 2024. He's got some spicy takes on where crypto is going next year, and we dig into his thoughts on where money is moving.

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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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