Memecoin Meltdown ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🇨🇦 Is SOL Getting an ETF in Canada? 3iQ has filed for a SOL-based exchange-traded product in Canada.
Read more on Bankless.com - 🟠 Gemini's Winklevoss Brothers Endorse Trump. The brothers each donated $1M in BTC to Donald Trump's campaign.
Read more on Bankless.com - ✈️ Pantera Doubles Down on TON. Pantera raises a second dedicated TON fund.
Read more on Bankless.com
📸 Daily Market Snapshot: June has been brutal for altcoins, but few have fared worse than hot memecoins. $BONK, $FLOKI, and $SHIB are down 40-50% from their 30-day highs. $WIF touched $4 in the final days of May but is now trading at $1.82 – a 55% decline. It dropped 10% today.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.34T | ↘ 1.0% | ↘ 1.7% |
|
BTC $64,117 | ↘ 1.4% | ↘ 2.4% |
|
ETH $3,519 | ↘ 0.1% | ↗ 3.1% |
|
SOL $133 | ↘ 0.6% | ↘ 5.9% |
With EIGEN rolling out the second phase of its major drop, restaking bulls are wondering what comes next.
In the Bankless Airdrop Hunter, our analysts have been dialing into the tokenless restaking protocols that are poised to hit it big – focusing on both the liquid restaking token projects built around EigenLayer and the more ambitious competitors trying to straight-up topple EigenLayer's kingpin status.
Below, let's dig into the 5 restaking ecosystem protocols we're hunting 👇
Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.
Why should we fight for Freedom of Speech? That’s the question that Lawyer Greg Lukianoff helps us answer today.
Using first principles, Greg goes deep into the importance of Freedom of Speech, “Free Speech Culture,” what happens to Free Speech when new technologies like the printing press and the internet are introduced, and how all this intersects with blockchains and crypto.
Citizens get Early Access to the episode and Ryan & David's exclusive Debrief on the interview 👇
🧑🌾 Farming Alpha: Onchain yields have continued to fall, but the arrival of restaked derivatives through Symbiotic has given birth to a new wave of airdrop speculation, resulting in extremely attractive returns on Re7LRT and weETHs PTs through Pendle!
Top Opps:
- 🟠 BTC: 6% APY with Fraxlend’s WBTC pool on Ethereum
- 🔵 ETH: 33% APY with Pendle’s Re7LRT PT on Ethereum
- 🔵 ETH: 26% APY with Pendle’s weETHs PT on Ethereum
- 🟢 USD: 32% APY with Pendle’s USDe (Karak) PT on Ethereum
- 🟢 USD: 27% APR with Aerodrome’s DOLA-USDC pool on Base
- 🟢 USD: 20% APY with Steakhouse's Morpho USDT vault on Ethereum