Morning Minute | A Valentine's Day Airdrop Surprise?

Morning Minute | A Valentine's Day Airdrop Surprise?

TylerD's Market Summary

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๐ŸŽ Starknet Airdrop Announced

Early ETH users and stakers - you might have a Valentine's Day gift in store.

Starknet is launching its token next week.

And early users along with ETH stakers are likely eligible for the airdrop.

Wait What?

Starknet is an ETH-L2 using a ZK-rollup and its Stark proof to help scale Ethereum.

You can read more about it here.

Now on to the good stuff - the free tokens.

These are the qualifying groups for Airdrop #1:

  • Starknet Users - 51.3%
  • ETH Stakers - 22%
  • StarkEx Users - 9.6%
  • Starknet ECMP Members - 9.05%
  • ETH and Open-Source Developers - 5.45%

You can check eligibility here at provisions.starknet.io

It should be noted that some farming "experts" called this one entirely wrong.

CC2Ventures expected this to be a juicy airdrop for early ETH adopters, stating:

"My gut tells me Early Adopters will claim a substantial amount, as you had to be among the first 1000 users to interact with a fresh, 'risky' contract, that later on turned out to be widely used."

He was touting the Wenser site to check eligibility, which many did - only for Starknet to release entirely different criteria this morning.

The lesson? Be careful who you trust out there.

And airdrop farming (especially sybil farming) continues to be a very profitable profession in 2024.

๐Ÿ“ˆ Crypto Rips Overnight

This morning was a fun one for those who like to wake up and check prices first thing (cough, me).

The entire board was washed in green.

Take a look at the majors and their daily / weekly gains:

  • BTC +2.9% to $51,367 (+19.8% on week)
  • ETH +2.8% to $2,750 (+16.6% on week)
  • SOL +1.3% to $115.26 (+21% on week)

Other recent and notable coins saw major gains as well:

  • SEI +15% to $0.86
  • DYM +6.75% to $7.60
  • WIF +15% to $445M market cap

Majors are moving, alt-L1s are moving, and memecoins are moving.

What a morning!

Oh, and the BTC ETF inflows aren't slowing down.

Yesterday another $630M in inflows was recorded. That pushed the 4-day total to $2B and a whopping $3.8B since they opened on <checks notes> January 11.

Who knows how long these levels of inflows will continue, but let's enjoy the ride while it lasts.

๐Ÿšš What else is happening in NFTs?

Here is the list of other notable headlines from the weekend in NFTs:

๐ŸŒŽ Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

๐Ÿš€ NFT Total Volume (ETH)

  • Pudgy Penguins (1,820 ETH, 20.21 ETH Floor)
  • MAYC (1,595 ETH, 4.15 ETH)
  • Azuki (716 ETH, 6.46 ETH)
  • DeGods (618 ETH, 2.92 ETH)
  • BAYC (584 ETH, 22.9 ETH)

๐Ÿ“ˆ NFT Floor Price Increase (ETH)

  • Beratone Founder's Sailcloth (100%, 1.79 ETH Floor)
  • Tableland Rigs (69%, 0.29 ETH)
  • Rumble Kong League (65%, 0.33 ETH)
  • Bond Bears (45%, 78 ETH)
  • Loot (22%, 0.59 ETH)

๐Ÿ—“ Upcoming NFT Mints and Reveals

Today is a busy day of mints, mostly in the art sector, spanning blockchains.

On BTC, artist Harto (The Golden Ratio) is kicking things off with Flora Forms, a 10k generative collection minting for $5 each. 

Then over on ETH, Art Blocks Curated is back with "Proscenium," likely the most anticipated Curated drop in a long time. It's a 400 piece set using a "generative geometry" meets paint on canvas theme, mining in the standard Dutch auction format.

Then over on Solana, the Claynosaurz are launching an open edition along with Magic Eden.

See the full list and dive in for more details with Swizzy's daily mint monitor

  • Flora Forms (6:00 a.m. ET)
  • Deekay x Avant Arte - Love Ripples (9:00 a.m. ET)
  • Memes by 6529 (11:00 a.m. ET)
  • Magic Eden Claynosaurz Open Edition (11:00 a.m. ET)
  • remnynt x Art Blocks Curated - Proscenium (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email tyler.warner@luckytrader.com

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.