Hey hey hey, we are back with another edition of ‘Decentralize Your Week‘ and we are thrilled with the market pump as we write about it.
In today’s edition we will talk about:
🔸 Macro Data & its Effect on Crypto
🔹 Meme Mania 101
🔸 The Gari Research Center
🔹 Airdrop 101 Alpha
Let’s dive in folks…
🚨 Macro Data & its Effect on Crypto 🚨
Ohh yes, we are all in Green…
While there was no news of Tesla declaring Bitcoin as the native currency of Mars or Micheal Saylor selling the entirety of Micro Strategy for a big stash of Bitcoin, there are other factors that have painted the Crypto Wild West in a shade of Green!
The Macro Influence
Once you step out of your crypto bubble, you will be enlightened that Crypto Twitter or CT as we love to call it, has ZERO effect on the larger market.
No matter how much we speak about decentralization blah blah blah, Socio-Economic factors play a big role in determining the direction of the markets.
This is exactly what we have witnessed today… Everything rallied post the release of the CPI data.
While the market expected 3.4%, the CPI data released also came in at 3.4% (talk about the stars aligning)
This gave risk-on assets that catapulting push that the market was begging for.
This is a good bullish setup in the making, since everyone was worried about Bitcoin breaking support at $60k and testing the lower $50k, the bulls are in-charge (at least for the time being)
Though eyes should be on BTC not breaking below $66k in the short-term to maintain the bullish momentum.
Still a waiting game and other driving factors to come into play for a full-blown bull-cycle to commence, but we are on a good path.
Meme Mania 101 😻
If you were around during the 2021 Bull-cycle, then you must have heard about Millionaires being created with DOGE, SHIBA & FLOKI.
All meme coins with cute dogs as their mascots…
This cycle the meme mania is unprecedented and Solana is winning the war as the Memecoin Chain with generational wealth opportunities, but there is a shift…
Dogs have been overpowered by Cats… No literally!!!
POPCAT, MEW and every other memecoin associated with a cat are going absolute bananas. People are talking about 1000x-10000x and they are here for more.
This mania will surely attract a lo of sidelined retail folks who don’t have the time to understand the tech stack of a modular L1 chain or the tech behind building a Liquid Staking Protocol…
They see Cat, They buy tokens, They (hope to) become millionaires… Boom Boom!!!
Interesting to see how this cycle actually plays off and will be finally see a major shift in retail sentiment and birth of a new Crypto class within Crypto itself?
Only time will tell my friends…meow!!!
The Gari Research Center 📚
Discussing the Cosmos Ecosystem
You might have heard about Layer-1, Layer-2 and even Layer-3 blockchains, but have you ever thought about the tech behind Layer-0?
Well, we ain’t making stuff up, but Cosmos is exactly that, a Layer-0 powerhouse.
The Scoop:
Cosmos, an innovative layer 0 blockchain, serves as the underlying infrastructure that enables the connection of various layer 1 blockchains, including Osmosis, Cronos, Evmos, Kava, and soon dYdX.
Through the Inter-Blockchain Communications (IBC) protocol, these blockchains can seamlessly communicate with each other, with the Cosmos Hub, powered by the ATOM token, serving as one of the key components of this interconnected network.
Cosmos as a Layer-0 not only allows other blockchains to be created on top of it, it also allows various network governance that everyday folks like you and me can utilise on a day-to-day basis.
1. Staking
Staking can be explained as the function where you lock your liquid token with a validator to support the network.
See, that wasn’t hard to grasp.
But staking within the Cosmos ecosystem supercharges with a plethora of other opportunities for investors, namely:
- Governance
- Early-Access to testnet
- Airdrops
- Fixed Yield Earning on staked crypto
1.1 Governance
As seen in the image above, Governance is where the voices of the main characters are heard through voting on proposals.
Who are the main characters here?
- Stakers
- Validators
These proposals have a high impact on shaping the growth of the ecosystem and ensure that no action is implemented without thought.
1.2 Airdrops
Who does not LOVE free money?
Airdrops are the best way for anyone to make their first $1000 in crypto without investing any substantial amount.
Case in point: Dymension, recently airdropped a minimum of 250 $DYM tokens to stakers of:
- TIA
- OSMO
- ATOM
The criteria to qualify? Just 1 token each of the above mentioned project(s) before snapshot 📸
This is insanely wild and only possible in crypto.
Airdrop 101 Alpha 💸
Welcome to your favourite part Ladies & Gentlemen: It is Airdrop Timeeeeeee! ⏰
$GRASS Epoch 5: Invite Only EPOCH
Easily bag 100,000 GRASS points! These points are trading in Whales Market for $0.0027 per point = $270
That is $270 for simply sharing internet with $0 investment!
Step 1:
- Head over to SIGN UP
- Referral Code: 3YrAZG3oYQkkuWz
- The above code will allow you a minimum 75% Network Health
- Higher the Network Health, higher the DAILY POINTS
Step 2:
Download the browser extension on Chrome browser & connect your WiFi
Epoch 5 ends on June 11th, 2024
Currently with the above code you can earn upto 3,000 points per day, roughly 60,000 points for the epoch.
The TGE of the $GRASS token should be in Q2 end and there should be the final EPOCH 6.
Ample time to farm the Airdrop.
Don’t Fade $GRASS!
